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Highlights of Union Budget 2016-17

-The Hindu In case you missed the Budget, here's a round-up. Affirming that the economy is right on track, Finance Minister Arun Jaitley presented the Union Budget for 2016-17. Citing that the CPI inflation has come down to 5.4% from 9 plus, he said it is huge relief for the public. Tax Infrastructure and agriculture cess to be levied. Excise duty raised from 10 to 15 per cent on tobacco products other than Beedis 1 per...

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Tribal ministry relents over Forest Rights Act -Nitin Sethi

-Business Standard Intervention by Gadkari and Javadekar helped Maharashtra govt take control of forests back from tribals Setting a precedent for the entire country, the Union tribal affairs ministry has revised its views to re-interpret the Forest Rights Act (FRA) and allow the Maharashtra forest department to get control back over forest management and a grip on the lucrative trade worth crores in forest produce such as tendu leaves and bamboo. The...

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Cess proceeds in a black hole

-The Hindu The National Democratic Alliance government has just introduced a cess of 0.5 per cent on all taxable services for the Swachh Bharat campaign. In February 2016, it will introduce a 2 per cent cess on airfares for all domestic flyers except those flying to remote locations, and international travellers. This cess is meant to fund losses that airlines may incur in connecting to hinterland locations. The Central government loves...

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Bonded labour in fresh avatar enters new sectors -Nagesh Prabhu

-The Hindu Study finds that bondage has spread from farm sector to fast-food chains, carpet-making units BENGALURU: The banned system of bonded labour, albeit with a new twist, still survives among us. About 7,646 people are forced to work in bondage in different districts of Karnataka, according to a report submitted by a committee constituted to study the prevalence of the practice in the State. The committee, headed by journalist Sivaji Ganesan, submitted...

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Why toddlers are on a leash in Delhi -Amulya Gopalakrishnan

-The Times of India Though laws mandate creches, daycare is like a dream for unorganized labourers. A house is being built in Vasant Vihar, one of the many plots in the neighbourhood under construction. Men and wom en are hard at work. On the ground floor, two-year-old Jitin has been standing by a plastic can for a long, long time. A string around his ankle tethers him to a table. "He could hurt...

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