-The Economic Times More than 94% of employees in India do not report income from other sources. This causes a loss of approximately Rs 660 crore to exchequer annually, says a report by TaxSpanner.com, a tax filing online portal. "More than 94 per cent of employees - liable to pay more than 10 per cent of their taxable income as tax - do not report income under the head, "Other Sources"," the...
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For the UIDAI, not a sedate summer-Devjyot Ghoshal
It is a manifestation of the Indian summer — the electricity goes out momentarily at the Unique Identification Authority of India (UIDAI) head office just before an interview with the director general and mission director, Ram Sewak Sharma. Despite glitches, mostly more consequential than power outages, Sharma reveals that it has been a busy few months for the UIDAI, after it reached the mandated number of 200 million enrolments by March...
More »Maharashtra Bill provides for India’s first real estate regulator-Makarand Gadgil & Madhurima Nandy
-Live Mint The Maharashtra Housing Regulation and Development Bill passed by the state assembly on Monday paves the way for the establishment of the country’s first regulator for the housing sector. The Bill, which now goes to the state legislative council, aims to bring about transparency in the real estate sector and empower homebuyers. It also attempts to demystify some of the popular and often misused terms used in the sector, such...
More »Manmohan rural job nudge to Montek-Basant Kumar Mohanty
-The Telegraph The Prime Minister today expressed surprise that “concurrent evaluation” of the rural job scheme was “not in good shape” and asked Planning Commission deputy chairman Montek Singh Ahluwalia to “apply his mind to making good this deficiency”. Concurrent evaluation is an assessment of a scheme’s impact, strength and weaknesses while it is being implemented, as distinct from the annual CAG audit or a post-mortem. Its objective is to identify problems...
More »PM's speech at the release of the MGNREGA Sameeksha
-Press Information Bureau I am very happy to release the Mahatma Gandhi NREGA Sameeksha, brought out by the Ministry of Rural Development. This is an innovative way of looking at our development programmes. I compliment Shri Jairam Ramesh for taking the initiative to reach out to scholars in different parts of our country to apply their minds to analysis of what is being achieved, what is possible, what is not yet...
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