-PTI NEW DELHI: Transactions through debit and credit cards rose by merely seven per cent post demonetisation, as against a surge of over 23 per cent in overall digital transactions, top government officials told a parliamentary panel. Officials from various ministries gave a presentation to the Parliamentary Standing Committee on Finance on 'Demonetisation and Transformation towards Digital Economy'. The digital transactions in all modes increased by 23 per cent to 27.5 million in...
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Register with GST, don't wait till July 30 deadline: Govt to traders
-The Times of India NEW DELHI: The government urged traders on Saturday to register for the goods and services tax (GST) soon, and not wait for the July 30 deadline. If one is owns a business with an aggregate turnover exceeding Rs 20 lakh in the preceding financial year (Rs 10 lakh in special-category states), they will need to register in all the states and Union territories to which they make...
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...
More »Tamil Nadu stops free goat distribution due to drought -Dharani Thangavelu
-Livemint.com With Tamil Nadu govt temporarily suspending the free goat distribution scheme, the beneficiaries—landless agricultural labourers—will be hugely affected Chennai: A Tamil Nadu government scheme for free distribution of milch cows and goats to the poorest in rural areas has been temporarily halted as the state faces its worst drought in 140 years. The scheme will be resumed after the state receives adequate rainfall, animal husbandry minister P. Balakrishna Reddy told the state...
More »Safflower cultivation sees drastic fall despite benefits -Hiren Kumar Bose
-VillageSquare.in Despite its many health advantages, the cultivation of safflower for its oil is declining across India because farmers are not finding a ready market and are discouraged by the low prices it fetches Gujarat, Maharashtra and Karnataka: Vijay Jagtap discontinued sowing safflower (kardi) last year on his one-hectare plot in Baramati pandhare village, 12 km from Baramati town in Maharashtra. “The price we get for kardi is not at all attractive....
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