-PTI NEW DELHI: Ban on cash transaction in excess of Rs 2 lakh will not be applicable to withdrawals from banks and post office savings accounts, the income tax department said on Wednesday. Through the Finance Act 2017, the government has banned cash transactions of over Rs 2 lakh and said a penalty of an equal amount would be levied on the receiver. In a clarification on the newly inserted Section 269ST in...
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Rahul farmer salvo -Sanjay K Jha
-The Telegraph New Delhi: Rahul Gandhi today asked the BJP "not to play politics with farmers" by waiving loans in Uttar Pradesh alone as agrarian distress was a national crisis and the Centre should come up with a "national" response. Although Rahul described the Uttar Pradesh government's decision as a "step in the right direction", he alleged inaction by the Narendra Modi government by tweeting: "I am happy the BJP has finally...
More »Swim against funding tide -Charu Sudan Kasturi
-The Telegraph New Delhi: A clutch of legal amendments the Narendra Modi government has introduced to allow corporate political donors to mask their contributions drags the world's largest democracy against global currents of rising transparency in electoral funding, analysts and activists have warned. From Brazil to Bangladesh, and Croatia to Cyprus, countries of diverse sizes and varied histories with democracy have over the past decade adopted laws and rules aimed at making...
More »Counterfeiting of new notes worries agencies
-The Hindu Officials want security features changed every 3-4 years That the new Rs. 2,000 and Rs. 500 notes have the same security features as the old Rs. 500 and Rs. 1,000 ones has the security agencies worried. At a high-level meeting last week to discuss the presence of fake currency notes, officials at North Block were informed that the “covert security features” had not been changed since 2005. The Hindu had reported on...
More »The Aadhaar of all things -Shriya Mohan
-The Hindu Business Line From a severely critical stand against Aadhaar in 2014, the Modi-led BJP in power has made a sharp U-turn to bulldoze its way into having every Indian scanned, tagged and labelled. A timeline of the country’s chequered date with the unique identification project You’ve probably read the WhatsApp joke about a post-Aadhaar scenario in 2020 India. A man orders pizza over phone. He is asked for his Aadhaar...
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