-The Times of India NEW DELHI: The income tax department has identified an additional 67.54 lakh non-filers who carried out high-value transactions in the 2014-15 financial year, but did not file tax returns for 2015-16. The I-T department is set to initiate action against these people soon. The information was collected from banks and other financial institutions. Data analysis carried out by the Central Board of Direct Taxes (CBDT) identifies non-filers about whom specific...
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Delhi government starts langar for poor who are affected by currency ban
-The Times of India NEW DELHI: Call it playing politics or what you will, but in a move that will gladden many, the Delhi government yesterday began providing free food for the poor who are now doubly hit by the shortage of cash due to demonetisation. "This move has been undertaken to provide the poor with three meals a day and save them from dying of hunger due to demonetisation," tweeted Delhi's...
More »Expect your household budget to shoot up: Going cashless comes at a cost -Tinesh Bhasin & Priya Nair
-Business Standard When you start using digital payment options, your household budget is likely to shoot up The government’s demonetisation drive has caused a cash crunch, forcing people to look at plastic money and other forms of digital payments. But, for a society accustomed to physical notes, the transition to cashless comes at a cost. Many households are likely to see their budgets shoot up as they pay more at merchant establishments...
More »Right to clean air -Anurag Agrawal
-The Hindu As I write this column, my gaze is on the post-Deepavali haze that has enveloped Delhi. As a third-generation asthmatic, with a fourth-generation asthmatic daughter, it is set me wondering whether returning to Delhi, the city of my birth, from the United States a decade ago was a mistake. This haze is smog (smoke + fog), a hazardous mix of noxious gases and very high levels of suspended respirable...
More »Pulses policy must break new ground -G Chandrashekhar
-The Hindu Business Line This kharif, with its high pulses output, provides an opportunity to push procurement, processing — and lift curbs on exports Pulses have been in the news over the last one year and for all the wrong reasons. Sharply lower harvests two years in a row (2014-15 and 2015-16) due to a below-normal southwest monsoon in the kharif season and unseasonal rains during the rabi harvest combined with rising...
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