-The Tribune The prices of essential food items have increased by 50% in seven years, whereas the real wage rate has risen by 22%. These figures show that inflation has outsmarted the real income of the poor, making their lives miserable as the food basket constitutes a substantial proportion of the total expenditure on the poor. The net effect is that the poor earn less and take loans to maintain the...
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Anger Grows in Rural UP as Yogi Govt Orders 'Ineligible People' to Return Ration Cards -Abdul Alim Jafri
-Newsclick.in The government asked the ineligible individuals to surrender their ration cards by May 20 or face disciplinary actions. Lucknow: The scheme of free ration distribution is believed to have had a tremendous impact on the Bharatiya Janata Party's (BJP) victory in the recently-concluded Uttar Pradesh Assembly polls. Buoyed by its victory, Chief Minister Yogi Adityanath, in the first decision on the second day of his second consecutive term, declared that his...
More »Want mother’s name on documents? Get ready for the runaround -Soma Basu and Jagriti Chandra
-The Hindu It was a long struggle for Suvam to get his ID cards printed with only his mother’s name The PAN allotment process is perhaps not as cumbersome as it used to be. But for Suvam Sinha, it took seven years to get his PAN card and other documents — the way he wished them. That is, without his father’s name on them. On February 11, the 23-year-old celebrated his victory with...
More »Tarun Bajaj, Revenue Secretary at the Ministry of Finance, interviewed by Vikas Dhoot (The Hindu)
-The Hindu It would be much easier for the government to provide relief to people if the tax base was wider, says Revenue Secretary Tarun Bajaj, noting that four crore people don’t file returns though the tax department gets some TDS collections on their account. With major customs duty rationalisation done and corporate tax settled, the government hopes to finish some pending reforms in personal Income Tax and GST, creating a...
More »Govt needs to look beyond salaried class to grow Income Tax collection -S Murlidharan
-CNBCTV18.com Income Tax payers are admittedly abysmally low in India but the problem to a large extent is of our own making with too many holy cows and touch-me-nots. We often hear the elegy that in a country of 135 crore, hardly 1.5 crore people pay Income Tax although thrice of that number file returns. The answer is not far to seek though. We have right from the beginning exempted agricultural income...
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