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I-T raids uncovered Rs 4,663 crore of undisclosed income since demonetisation

-The Times of India NEW DELHI: Over Rs 4,663 crore of undisclosed income has been detected by the Income Tax department as part of its country-wide operations against black money hoarders Post the demonetisation of two high value currencies by the government. "The department has also seized Rs 562 crore, including Rs 110 crore worth new notes, during the raids," news agency ANI said while quoting the I-T sources.   According to...

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Jan Dhan deposits double to Rs. 87,000 cr., come under I-T lens

-The Hindu Deposits in Jan Dhan account have more than doubled to Rs. 87,000 crore in 45 days Post demonetisation, prompting the tax department to “dissect” information relating to such deposits, a top government official said. Besides, the tax department also has data on small cash deposits between Rs.30,000-50,000 made in 4.86 lakh accounts totalling to Rs. 2,000 crore. Between November 10 and December 23, 2016, the total deposits reported is Rs. 41,523...

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Poor swiped out in choice-less, not cash-less, society -Aruna Roy and Nikhil Dey

-The Indian Express For the poor, with little cash in the first place, digital promises to ‘swipe’ them out, before their marginalisation is even addressed. Demonetisation is, by its very nature, an autocratic, coercive step. The demonetisation of November 2016 has affected every single Indian. We are, as usual, persuaded to bear the pain and suffering, to “sacrifice” for the nation. The rhetoric continues but it now seems clear that the objective...

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India's air pollution discourse needs to move beyond Delhi -Ragini Bhuyan

-Livemint.com We need a strategy to control air pollution across north India, and better monitoring is the first requirement From the debate over Arvind Kejriwal’s odd-even policy to outrage over poisonous Post-Diwali smog, India’s public discourse on air pollution was centred in and around Delhi in 2016. This needs to change if we want to evolve an effective strategy to counter pollution. Before delving into the reasons for this, it might be...

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Right to Food activists demand for safeguards to reduce hardships of demonetisation

A press statement issued from the Right to Food Campaign on 27 December, 2016 says that the demonetisation of old currency notes of Rs. 500/- and Rs. 1000/- denomination wreaked havoc on the livelihood security of the poor people. The labouring and toiling masses, who are mostly engaged in the informal sector, have been adversely affected due to the scrapping of old currency notes of Rs. 500/- and Rs. 1000/-...

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