-The Hindu Centre for Politics and Public Policy Prime Minister Narendra Modi's announcement demonetising high denomination notes on November 8, 2016, will do little to address the prime objective of flushing out black money but will adversely affect the economy in the short term, especially the informal sector, which is predominant in India, says M. Govinda Rao, a Member of the Fourteenth Finance Commission and Emeritus Professor, National Institute of Public...
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CAG flags tax breaks for companies
-The Hindu Report tabled in Parliament says Reliance gained Rs. 5,245 crore from the exemption. The Comptroller and Auditor-General (CAG) has castigated the Income-Tax Department for extending tax exemption amounting to hundreds of crores to several companies by inappropriately extending benefits available for infrastructure projects. In a report tabled in Parliament on Tuesday, the CAG said the biggest beneficiary was Reliance Industries Ltd. (RIL). “We noticed in eight cases in two States that the...
More »CBSE asks schools to share details of amenities, fees -Tanu Kulkarni
-The Hindu Even safety measures and educational qualification of their teaching staff will have to be disclosed Bengaluru: Schools affiliated with the Central Board of Secondary Education (CBSE) will now have to disclose key details including fees, infrastructure, safety measures and educational qualification of their teaching staff. This information has to be uploaded on both, the school as well as the CBSE board’s websites. In a circular issued by the Deputy Secretary Affiliation,...
More »Issues and arguments: How a key Delhi-Noida bridge went toll-free -Aneesha Mathur
-The Indian Express The Allahabad High Court has scrapped the user fee on the Delhi-Noida Direct (DND) Flyway, saying the concessionaire has already recovered its ‘reasonable’ dues. Allahabad High Court last week scrapped the toll levied on commuters using the Delhi-Noida Direct (DND) Flyway, a major traffic artery connecting southeast Delhi with Noida across the Yamuna in Uttar Pradesh. A subsequent bid by the Noida Toll Bridge Company Ltd (NTBCL) — the...
More »How corporates and not-for-profits can defeat hunger -Madhu Pandit Dasa
-DNA India is effectively the first country to mandate a minimum CSR spend. How to make use of it. Malnutrition is one of the many problems arising from uneven distribution of resources that plague the country today. The UN Food and Agriculture Organization (FAO) states that 194.6 million people in the country are undernourished. It is ironic that one of the largest economies in the world is also a home to...
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