-The Telegraph New Delhi: The Congress today alleged that the Narendra Modi government was testing the waters on bringing agricultural income within the tax ambit and declared its intention to build a movement of farmers if the idea was implemented. "This government is harassing industrialists, traders, students, political rivals... only one section of the society was left, that is farmers," Congress leader Ghulam Nabi Azad said. "The statements coming from important people in...

-Business Standard NITI Aayog says Debroy's views 'personal' Finance Minister Arun Jaitley said on Wednesday that the Narendra Modi government will not impose any tax on agriculture income. This came after Bibek Debroy, member of the Centre’s main think-tank, the NITI Aayog, seemed to suggest in an interaction with reporters on Tuesday that taxes should be imposed on farm income above a certain threshold to expand the Tax Base. The Aayog, however, said Debroy’s...

-The Times of India NEW DELHI: Niti Aayog, the government's thinktank, has strongly backed taxing of agricultural income above a certain threshold and removal of exemptions on personal income tax as part of a strategy to expand the Tax Base and prevent evasion. There is a view within the thinktank that the blanket relief on agricultural income was aimed at protecting farmers, but it was being misused by many non-farmers who...

-The Economic Times Aadhaar came with a lot of promises. They were brought by some of the brightest in India. Aadhaar promises to remove duplicates and ghosts from government databases, deliver subsidies to beneficiaries, collect taxes, provide financial inclusion and eliminate corruption. Here is why it cannot deliver anything it promises. Aadhaar came with a lot of promises. They were brought by some of the brightest in India. Promise 1: Removing Fraud and Duplicates In...

-The Telegraph New Delhi: The Supreme Court on Friday questioned the Union government for making the Aadhaar biometric identification number mandatory for those getting a permanent account number (PAN) card from the income tax authorities. Attorney General Mukul Rohatgi, appearing for the Centre, told a bench headed by Justice A.K. Sikri that the government has detected PAN cards based on fake documents. Rohatgi said there were instances of one person having multiple PAN...