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Tax waiver on 'affordable' flats may mean big profits for builders -Nauzer Bharucha

-The Times of India MUMBAI: The 100% tax waiver announced in the Union Budget on `small flats' to encourage affordable housing can Lead to builders laughing all the way to the bank. Take a hypothetical case: Nothing stops a developer from constructing tiny 300square-foot apartments in tony Napean Sea Road in south Mumbai, selling them at, say, Rs 70,000sq ft, and getting a total tax waiver on profits. Experts say no law...

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Now app to verify domestic helps, employees using Aadhaar -Yuthika Bhargava

-The Hindu TrustID has been developed by Swabhimaanya, registered authentication user agency with UIDAI Whether hiring a domestic help or taking a cab, authenticating the identity of a person is a big challenge in India. A newly-launched mobile application aims to fill this gap by enabling such verifications using Aadhaar. The application — TrustID — has been developed by Swabhimaanya, which is a registered authentication user agency with the Unique Identification Authority of...

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A sinister pattern underway -Aruna Roy & Nikhil Dey

-The Hindu The ruling party is doing its best to establish that being critical of its government is tantamount to being anti-national. It is not just the inconvenient person or collective being intimidated; the Constitution is under attack. “In a time of universal deceit, telling the truth is a revolutionary act” — George Orwell The controlled voice of Ravish Kumar on a blackened screen and his stark report on NDTV India on February 19...

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Bankruptcy code will help even farmers -Shreya Garg

-The Hindu Business Line It is not just about making matters easier for corporates. Distressed farmers can access relief under pressing circumstances The Insolvency and Bankruptcy Code (IBC) aims at improving the failing credit market situation in the country. A healthy credit market functions well where the debtor and the creditor have faith that their interests are recognised and protected under law. Failure to pay debt is a common occurrence but surprisingly, the...

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Pro-Farmer? It’s Just An Eye-Wash: Read NAPM’s Critique Of The Budget-2016

-Press Release from National Alliance of People’s Movements (NAPM) Government Running away from Responsibility: Pushing Farmers on edges Overlooked the need of majority of population, catering to few Political ‘Jumlas’ continues, ditching farmers once again under the garb of corporate regime; reduced responsibilities of public sector In recent times, announcement of the Union budget seems to be becoming a futile exercise, even with all the publicity and hype associated with it. We...

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