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Agri Ministry wants tax exemption for FPOs

-The Hindu Business Line Women farmers face the brunt; GST adds to their woes New Delhi: The Agriculture Ministry has written to the Finance Ministry seeking income-tax exemption for farmer produce organisations (FPOs), particularly for those that are registered as farmer producer companies (FPO) under the Companies Act. “These FPOs were brought in to negotiate the problems that are faced by cooperative societies. So they are naturally eligible for all the benefits that...

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Supreme Court curbs on states' land largesse to politicians, bureaucrats -Amit Anand Choudhary

-The Times of India NEW DELHI: State governments may not be able to allot residential plots in cities to serving and former MPs, MLAs, bureaucrats, journalists and judges of their choice by exercising their discretionary power as the Supreme Court on Wednesday decided to frame guidelines for allotting public land at subsidised rates. Expressing concern over state governments' decision to allocate plots to well off people while lakhs of poor people do...

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As money flowed back in, how goalposts were shifted -Manoj CG & Ravish Tiwari

-The Indian Express A scrutiny of RBI’s earlier provisional disclosures and the government’s structured public remarks reveal a pattern: aware that much of the money would return, the government and the political establishment kept shifting the goalposts. New Delhi: “Tab (previous UPA) aawaz uthti thi ki kitna gaya, ab aawaz uth rahi hai ki kitna laye. Isse bada jeevan ka santosh kya ho sakta hai…Yahi toh sahi kadam hai…Woh zamana tha tab...

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BJP MPs stall panel report flaying demonetisation

-The Times of India NEW DELHI: The parliamentary standing committee on finance failed on Tuesday to adopt two reports critical of the government — on demonetisation and on the revised formula for calculating growth — in the face of vocal opposition by BJP and some non-NDA parties. The report on demonetisation, circulated in the morning ahead of the committee meeting, said the measure had cost the economy 1% of GDP. The other...

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Don't criminalise marital rape, may disturb institution of marriage: Government -Shalini Nair

-The Indian Express Section 375 of the IPC dealing with rape makes an exception for such instances within marriages and holds that “sexual intercourse by a man with his own wife, the wife not being under 15 years of age, is not rape” STATING THAT what “may appear to be marital rape” to a wife “may not appear so to others”, the central government took a stand against criminalising marital rape, in...

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