-The Times of India Railway minister Dinesh Trivedi on Wednesday did what none of his predecessors had done for almost a decade - he hiked passenger fares across the board, following up on the increase in freight charges announced immediately after the recent round of assembly elections. While biting the bullet in hiking fares, he chose to couch the increase as ranging from a mere two paise per km for second class...
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Why this will be a reform budget-Surjit S Bhalla
Most of us don’t even get a single shot at making history — Manmohan Singh has a second chance The fiscal deficit is an outcome, not a policy. It is the net resolution of the policies pertaining to taxes and expenditure. It is worth analysing separately the two components of the deficit. The table reports the results of relating the tax and expenditure share of GDP to per capita income for...
More »12 men owe 90% of total income tax dues
-The Financial Express The finance ministry today said income tax dues from 12 individuals, including stud-farm owner Hasan Ali Khan, account for 90 per cent of the total income tax outstanding. "The amount of outstanding income tax dues is a dynamic figure. As on September 30, 2010, about 90 per cent of the outstanding personal income-tax demand were due from 12 individual taxpayers," Minister of State for Finance S S Palanimanickam said...
More »PM sets record straight; here's food for thought, Mr. Gadkari by Smita Gupta
Prime Minister Manmohan Singh can be devastatingly polite: when Bharatiya Janata Party president Nitin Gadkari, who has a commercial interest in agriculture, wrote him a doomsday letter on the dire state of agriculture under UPA rule, Dr. Singh took a month to reply, but when he did, it was to tell the BJP president in excruciating detail about the rise in agricultural production during his tenure in office, which compares...
More »Radio programme on MNREGA a hit
-The Hindu Deevige, a sponsored programme on the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA), produced by All India Radio (AIR) Hassan has received an overwhelming response from the public. The programme, broadcast by all AIR stations in the State simultaneously at 7.45 p.m. every day, has completed 69 episodes so far. Eleven more episodes are scheduled to be aired before March 20. At the end of each episode, AIR invites...
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