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UP: Far From Doubling Income, Suicide Woes Shadow Engulf Farmers -Saurabh Sharma

-Newsclick.in The Centre has on many occasions announced to double the farmer’s income but the reality on the ground paints a different picture. Suffocated under a cycle of debt, some of them are allegedly taking the extreme step. Banda: Ram Ruchi was just 22 at the time of his death. A young farmer from Majra Pandin village in Banda district hanged himself to death on the ill-fated day of October 7, 2021....

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Ten sugar mills in UP to pay 12% simple Interest on delayed payment to farmers -Deepa Jainani

-Financial Express Under the Act, sugar mill owners are bound to pay Interest if they fail to make the payment to farmers within 14 days of purchase. Complying with an Allahabad High Court order, the Yogi Adityanath government has asked 10 sugar mills in the state to pay 12% simple Interest to the farmers for the late payment of their sugarcane dues for three financial years: 2012-13, 2013-14, and 2014-15. These 10 mills...

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Instead of relying on jugaad, journalists need access to court pleadings. Here’s why -Chitrakshi Jain & Prashant Reddy T

-Newslaundry.com Not only is the procedure to access records unnecessarily complicated, but the courts have the discretion to judge a citizen’s motivation to access them. Over the course of the next few weeks, the United States Congress is expected to pass the Open Courts Act, which will make PACER – the digital database for accessing court records filed with the federal judiciary – accessible to everybody, free of cost! The law sets...

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How the Code on Wages ‘legalises’ bonded labour -Soumya Sivakumar

-The Hindu It allows employers to extend unlimited advances to workers and charge an unspecified Interest rate on such loans Debt bondage is a form of slavery that exists when a worker is induced to accept advances on wages, of a size, or at a level of Interest, such that the advance will never be repaid. One of India’s hastily-passed Labour Codes — the Code on Wages, 2019 — gives legal sanction...

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Corporate tax assessment: CAG spots major errors in over 350 cases

-The Hindu Business Line Suggests CBDT to create a foolproof IT system, internal control mechanism The Comptroller and Auditor General of India (CAG) has pointed out significant errors in the assessment of over 350 cases related to corporate tax. It also advised the Central Board of Direct Taxes (CBDT) to put in place a foolproof IT system and internal control mechanism to avoid such recurrences. In a report tabled in Parliament, the apex...

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