-Hindustan Times New Delhi: The crackdown on black money is not over. With the scheme for voluntary disclosure of unaccounted for wealth now closed, tax officials have launched a drive to unearth hidden incomes and are looking at transactions carried out beyond a six-year ceiling under existing rules, sources said. “The tax department can scan transactions older than six years by invoking clause 197C of the Finance Act, 2016. This clause was introduced...
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MP loan scam: Interest subsidy for 1.77 lakh ‘ghost’ farmers swindled -Amarjeet Singh
-The Times of India BHOPAL: At a time when suicides by farmers in Madhya Pradesh following scanty rain and poor yield have brought back focus on their plight, allegedly more than 1.77 lakh ghost farmers benefitted from interest subsidies on their loans. Putting a question mark on the much hyped 0% interest farm loan scheme of the state government, a series of RTI queries by TOI revealed that between 2007-08 and 2012-13,...
More »Bring NGOs under single, independent regulator: ICAI to govt -Mahua Venkatesh
-Hindustan Times With a number of non-governmental organisations (NGOs) coming under income tax scanner for not filing returns, the Institute of Chartered Accountants of India (ICAI) has told the government to bring them under a single and independent regulatory body. The apex body, in a recent note to the government, has said that the setting up of the central regulatory body would make it easier for it to keep a watch on...
More »For public health as political priority -Sujatha Rao
-The Hindu A systemic reform of the health sector in order to meet the key objectives of equity, efficiency and quality is long overdue. In this, the Central and State governments need to make interventions intelligently, decisively and strategically so that the poor reap the benefits How does Prime Minister Narendra Modi's focus on population, health and subjects like public hygiene, the facilitation of toilets and ensuring preventive health through yoga fit...
More »‘Social spending programmes not reaching needy’ -Puja Mehra
-The Hindu In 2009-10, 33% of PDS off-take of kerosene diverted for non-household use: report The findings of a confidential report, commissioned by the government and accessed exclusively by The Hindu, have revealed that allocated expenditures of social spending programmes are not reaching intended users and confirm leakages due to corruption. The capitation fees collected by private colleges, on management quota seats in professional courses, last year was around Rs 5,953 crore, the...
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