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Soon, submit income tax return copy to get LPG subsidy -Amitav Ranjan

-The Indian Express The IT Act forbids the income tax department from sharing income details of an assessee unless the Central government specifies an officer, authority or body to receive the data to perform his or its functions under a law. Soon you will have to submit a copy of your income tax return (ITR) every year to the LPG dealer to claim subsidy on cooking gas cylinders. With the voluntary GiveItUp...

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Banking on mother’s milk -Jacob Koshy

-The Hindu Liquid Gold’ may refer to Petroleum, an ‘80s pop group or a particularly indulgent variety of cheese but for Raghuram Mallaiah, a doctor who specialises in newborn babies, it’s mother’s milk. As a doctor who has to negotiate life-and-death situations for prematurely-born infants, Dr. Mallaiah holds that breast milk is “10 times more important” for babies born before their due date than those who reach full term. The biological quandary...

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The indirect benefits transfer -Jayati Ghosh

-The Hindu India’s record in collecting taxes has been pathetic, and it is getting worse. The declining rates of direct taxation are an indication of the political choices of the government We now have a peculiar combination in the economic policy of India: a declared attempt at fiscal consolidation, combined with a reluctance to do what it takes to raise tax revenues. This unfortunate juxtaposition has meant a squeeze on Central government...

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Rich account for just 3% of the 1 crore people who gave up LPG subsidy: Dharmendra Pradhan -Subhash Mishra

-The Times of India LUCKNOW: Union minister of state (independent charge) for Petroleum Dharmendra Pradhan on Saturday said the affluent accounted for only 3% of the over 1 crore people who had given up their LPG subsidy in response to Prime Minister Narendra Modi's appeal. "The rest is constituted by the middle-class and lower income groups. Teachers, professionals and middle-level government employees have shown more interest as compared to HNIs (high-net...

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Freedom in peril -R Ramakumar

-Frontline The government’s passage of the Aadhaar Bill in complete disregard of even basic parliamentary procedures and in subversion of an ongoing judicial process puts at risk a number of constitutional rights and liberties of citizens. The benefits cited are just ploys to realise a neoliberal dream. “Congressmen are dancing as if [Aadhaar] was a herb for all cures. With the Supreme Court pulling up the Centre, people are now seeking...

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