-The Hindu Business Line New Delhi: Providing income security to farmers and boosting investment in agriculture are the two things that are needed to help Indian farmers in distress, said noted agricultural economist Ashok Gulati on Monday. “While there can’t be two opinions about the farmers’ plight in our country, increasing minimum support price (MSP) cannot be the solution. We may have to bring in science and our understanding to solve their...

-The Hindu Seizures from premises of Christy Friedgram Industry included documents related to suspicious payments and classified documents like proposals for posting of IAS officers. Chennai: The Income Tax Department has unearthed documents that expose an alleged nexus between a major supplier of food items for Tamil Nadu’s flagship noon meal scheme and politicians, bureaucrats and their associates. Analysis of electronic storage devices and documents seized from the premises of Tiruchengode-based Christy Friedgram...

-The Economic Times NEW DELHI: Sixty retired bureaucrats have written to the CAG expressing concern over audit reports on demonetisation and the Rafale deal being "deliberately" delayed to not "embarrass" the NDA government till next year's general elections. In a letter, they said there was concern over the "unconscionable" and "unwarranted delay" in bringing out the audit reports on demonetisation and the Rafale fighter jet deal, and the reports should be...

-The Indian Express There has been only a marginal increase in the direct tax to GDP ratio after demonetisation. And the economy didn’t need to suffer for digitisation. The government did not celebrate the second anniversary of demonetisation, one of its biggest policy initiatives. It has celebrated the anniversary of all other big policies. Why the diffidence? The finance minister did come out with a statement listing the achievements of demonetisation. But his...

-The Hindu Mumbai among biggest laggards with 3.8% growth in collections against a target of 13.3% Mumbai: The Income Tax Department may miss the revenue collection target for this fiscal going by the numbers for the first two quarters. Out of 18 Income Tax regions in the country, only five — Delhi, Uttar Pradesh (E), Uttar Pradesh (W), Odisha and the North-East — have managed to achieve the revenue goals in the...