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PAN to be tool against tax evasion

-The Financial Express   Come next financial year, the PAN card is likely to become the most potent tool for the Income Tax Department to unearth black money, tax evasion and instances of criminal financing in the country. A recent directive of the Central Board of Direct Taxes (CBDT) to the I-T Dept has asked its officials to launch a special drive against those who have "not furnished their PAN (Permanent Account Number)"...

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Malaria toll 46 times govt count: Study by Kounteya Sinha

Malaria deaths in India could be more than 40 times higher that what is presently estimated. New research published in the Lancet shows that malaria kills 1.2 million people worldwide each year - twice as high as the figure in the World Malaria Report, 2011. In India, the study estimates that "4800 malaria deaths in children younger than 5 years and 42000 malaria deaths in those aged 5 years or older," for...

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Protest against lack of work under MNREGS by Shiv Sahay Singh

Sixth anniversary of the implementation of the scheme On the sixth anniversary of the implementation of the Mahatma Gandhi National Rural Guarantee Employment Scheme (MNREGS) there were protests outside the office of State Minister for Panchayat and Rural Development Subrata Mukherjee here on Thursday against the absence of work and delay in payment of wages under the scheme. Stating that so far an average of 15 person-days of work per household had...

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Six years of the rural jobs scheme

-Live Mint This week marks the completion of six years of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). Six years is not a long period of time for any meaningful evaluation of a programme of such nature. However, even within this short period of time, the programme has attracted considerable attention. One part of this is the criticism of how the programme involved considerable leakages, did not create productive...

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Govt discontinues weekly WPI release

-The Financial Express   The government today announced discontinuing releasing weekly primary and food inflation data based on the Wholesale Price Index. "Weekly WPI is discontinued henceforth," the Ministry of Commerce and Industry, which releases the inflation data, said. The government, however, will continue releasing the monthly headline or overall inflation data, which also contains the break-up for all segments including food, non-food, fuel and manufactured items. The headline inflation figures for January are scheduled...

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