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Contribution to Patanjali Research Foundation to get tax exemption -Shishir Sinha

-The Hindu Business Line Central Government approved the Baba Ramdev-owned entity under the category ‘Research Association’ The Income Tax Department has notified five years exemption for Patanjali Research Foundation Trust, based in Haridwar (Uttarakhand). “The Central Government hereby approves M/s Patanjali Research Foundation Trust, Haridwar under the category ‘Research Association’ for Scientific Research for the purposes of clauses (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 read with rules...

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G7 Corporate Tax Deal -- Setting the Bar Too Low? -Shinzani Jain

-Newsclick.in Finance ministers from G7 countries have agreed on a deal to check tax avoidance by the biggest multinational conglomerations. How the G20 reacts to this accord and how these plans are implemented, remains to be seen. A recent report by ProPublica has revealed how multibillionaires from the US, including Amazon’s Jeff Bezos, Tesla’s Elon Musk, Microsoft’s Bill Gates and Facebook’s Mark Zuckerberg, among others, have managed to avoid paying federal taxes...

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COVID-19 Has Made the Rocky Road to Gender Equality Bumpier -Ashwini Deshpande

-TheWire.in From employment and wages to vaccinations, Indian women are disproportionately bearing the brunt of the pandemic. The coronavirus pandemic is not only making it harder to achieve gender equality in India, but also reversing gains made so far. Men everywhere are more likely to be employed and earn higher wages compared to women. In developed countries, the division between employed (working for wages) and out of the labour force (not working...

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India learns a bitter lesson for disregarding crucial warnings and recommendations on Covid-19

In the month of April this year, there has been an unprecedented upsurge in daily new cases and daily new deaths in the country due to Covid-19. States, which reported large increases in daily new cases and daily new deaths, are Maharashtra, Kerala, Karnataka, Delhi and Uttar Pradesh, to name but a few.   Data accessed from https://www.covid19india.org/, which is a crowdsourced platform and an independent aggregator of daily Covid-19 figures and...

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Recognising housework: Is paying the only way? -Soumya Kapoor Mehta and Sona Mitra

-Hindustan Times While it is a welcome attempt to provide worth to housework, steps to reduce and redistribute such work are perhaps more important than asking for women’s unpaid work to be monetised, even notionally. They are important to ensure women’s rights and a sense of social justice. In January, the Supreme Court directed an insurance company to pay a higher claim amount by taking into account the unpaid work performed by...

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