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Centre Wants CAG To Delete Paras Regarding Losses Due To Improper Utilisation of Adani Silo -Dheeraj Mishra

-TheWire.in In 2018, the CAG reported that between 2013-14 and 2015-16, the Food Corporation of India did not store enough wheat in the Adani Group's silo in Kaithal, Haryana but kept paying rent. New Delhi: The Comptroller and Auditor General (CAG) of India in April 2018 reprimanded the Food Corporation of India (FCI) for causing a loss of Rs 6.49 crore to the taxpayers due to the failure to utilise available storage...

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Quixplained: Why are prices of petrol and diesel rising in India?

-The Indian Express Fuel prices vary from state to state and taxes are levied on them by both central as well as the state governments. So, why are the prices of petrol and diesel rising in India? Take a look The retail price of regular petrol hit a three-figure mark for the first time across the country after it was hiked by 26 paise to Rs 100.13 a litre in Rajasthan’s Sri...

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Cyber tax conundrum: Digital Service Tax could offer an interim solution -Suranjali Tandon

-The Indian Express As countries calibrate their response to competing demands for sovereignty to tax, DST is an interim alternative outside tax treaties. It possesses the advantage of taxing incomes that currently escape tax and creates space to negotiate a final, overarching solution to this conundrum. The taxation of digital companies has been a key concern for G20 countries. The agenda to reform international tax law so that digital companies are taxed...

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A Death Warrant Against Farmers -Bhabani Shankar Nayak

-TheCitizen.in 90% rise in Indian billionaires’ wealth There has been a 90% rise in Indian billionaires’ wealth over past decade. It is not accidental. The BJP led government reduced corporate income tax from 30 to 22 percent starting from the financial year 2019/20. New corporates established in India after October 2019 will only pay 15 percent. It has also provided many other opportunities, incentives and foregoing exemptions to corporations. Meanwhile the Union government...

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Indian Coordination Committee of Farmers Movements led by Yudhvir Singh calls for a nationwide bandh on 25th Sep. 2020

-Press release by Indian Coordination Committee of Farmers Movements dated 23rd September, 2020 ICCFM is a non-partisan national alliance of farmers movements representing 12 farmers' organizations across India based in UP, MP, Rajasthan, Karnataka, Tamil Nadu, Punjab, and Haryana. Bharatiya Kisan Union, Karnataka State Farmers Association, Tamilaga Vivasayigal Sangham are among the major farmer movement. As with many other farmers organizations in this country, ICCFM is gravely worried about the anti-farmer bills...

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