-Outlook Economist Abhijit Sen on how Modi is planning a greater tax intake buying into the idea of a transition to a cash-less economy. Former chairman of the Commission for Agricultural Costs and Prices, economist Abhijit Sen, in an interview with Lola Nayar, explains that Prime Minister Narendra Modi is planning a greater tax intake buying into the idea of a transition to a cash-less economy. Sen expects a tax amnesty scheme...
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Motive behind demonetisation is justifiable but there may be collateral damage
There are reports from all over the country that the recent decision by the government to demonetise currency notes of Rs. 500/- and Rs. 1000/- denomination has affected everyone. However the consequence of this financial measure is lopsided and it will be mainly borne by the farmers, informal sector workers, women and the financially excluded. Please check the links/ urls below this news alert to know everything about demonetisation. Till a few...
More »13 Ways In Which Indians Will Convert Their Black Money Into White Even After Demonetisation -Shivam Vij
-HuffingtonPost.com As the poor struggle, black money owners are finding a variety of ways to save their wealth. In Pali in Rajasthan, a family couldn't take their ill infant to the hospital because the ambulance wouldn't accept Rs 500 or 1,000 notes. By the time they could get someone to give them Rs 100 notes, the newborn had died. This is one of several such deaths after the government de-legalised Rs 500...
More »Why govt's demonetisation move may fail to win the war against black money -Appu Esthose Suresh
-Hindustan Times New Delhi: The demonetisation of Rs 500 and Rs 1,000 banknotes is unlikely to help the government suck out black money from the economy as hoarders keep a tiny portion of their ill-gotten wealth in hard cash, going by income-tax data. Cash recovery has been less than 6% of the undisclosed income seized from tax evaders, shows an HT analysis of data from tax raids from financial year 2012-13 onwards. In...
More »Flavia Agnes, a prominent legal scholar and director of the Majlis Legal Centre, interviewed by Shishir Tripathi (Firstpost)
-FirstPost.com The issue of triple talaq has once again ignited the age-old debate on the desirability of the Uniform Civil Code (UCC) in India. The Law Commission of India sought the views of people on the implementation of UCC. It put out a questionnaire on 7 October, which faced stiff opposition from the All India Muslim Personal Law Board (AIMPLB) and some legal experts as it was alleged that it focuses...
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