-The Times of India NEW DELHI: The government is looking at the possibility of providing some relief to taxpayers who have been put in a difficult spot due to the mandatory linking of one's Aadhaar and Permanent Account Number (PAN). Sources in the government told TOI that the tax department had received several complaints and letters from taxpayers who have expressed their inability to link the two identification numbers, with many representations...
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Ragpickers hit hard by GST -Mohit M Rao
-The Hindu Plastic recyclers protecting margins by paying less for waste plastic Bengaluru: As the nation ushered in the Goods and Services Tax (GST) on July 1, no one would have imagined that it might have adverse consequences for the environment. But with the tax rate on recycled plastic shooting up from 5.5% to 18% post-GST, ragpicking as a livelihood seems to be turning unviable, with attendant impact on the urban environment. Take...
More »In value terms, the country produces more dung as compared to beef or pork
A recent one-liner about the achievement of the present Central government goes like this: bovine has become ‘divine’ during the NDA’s rule. But why do such jokes originate? Media reports suggest that unprecedented aggression has taken place during the recent months in the name of the peaceful looking animal – cow. Mob lynching and killings by fringe groups have been reported from various parts of the country, especially targeting Muslims and...
More »Higher GST on pesticide to affect farmers: Industry
-IANS NEW DELHI: Imposition of 18 per cent rate on pesticides under the Goods and Service Tax (GST) system has become a cause of worry not only for farmers but crop protection product manufacturers as well. Manufacturers say it will increase agricultural input costs, putting additional burden on farmers as use of pesticides is essential owing to its role in controlling pest and increasing productivity. As the current farming season is at...
More »Under Operation Clean Money II, 6.6 lakh more persons on I-T radar -Surabhi
-The Hindu Business Line Uses SFT to identify people who made high cash deposits during demonetisation period New Delhi: In hot pursuit of black-money hoarders who may have made high-value cash deposits during the demonetisation window, the Income Tax Department has identified an additional 6.6 lakh people in the second phase of Operation Clean Money. The Central Board of Direct Taxes (CBDT) has harvested information from the Statement of Financial Transactions (SFT) to...
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