-TheWire.in Year-to-year growth in the number of tax payers in 2016-17 was 26% (with demonetisation), which is less than 27.6% during 2015-16 (without demonetisation). I am finally able to resolve the jigsaw puzzle of the number of tax payers added during FY 2016-17. In my last article in response to the clarifications issued by the Ministry of Finance on August 18, I pointed out the inconsistencies in their response. For instance, “Instead...
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Economy outlook still cloudy -Ajit Ranade
-The Hindu An immediate stimulus is needed to regain the momentum to get India back to 8% growth The government’s move this past week to publish economic data for the April to June quarter of this year needs a look. The real growth of GDP, i.e. after removing the impact of inflation, was only 5.7%, much lower than expected. For the past six consecutive quarters, the growth rate has gone down steadily,...
More »Worried SC calls for robust data protection regime
-The Hindu Capacity of non-state actors to invade the home and privacy has also been enhanced, says nine-judge Bench The Supreme Court on Thursday urged the government to put in place a robust mechanism for data protection. Noting that “informational privacy is a facet of the right to privacy”, a nine-judge Bench, led by Chief Justice of India J.S. Khehar, said dangers to personal data originate not only from the government but also...
More »India needs more fodder to prevent cattle starvation -Abhishek Rajan
-VillageSquare.in The estimated increase in cattle population due to growth in dairy farming and ban on cow slaughter will need increased production of fodder and restoration of common pastures to prevent livestock starvation Nashik (Maharashtra): The milk that we drink everyday does not appear from thin air. A dedicated amount of feed and fodder is needed for the cattle to survive and to produce milk. Providing the right quantity of feed is...
More »After June and July showers, a dry August
-The Indian Express The consolation this time, though, is the surplus showers during June and July. It has resulted in the cumulative rainfall for the four-month southwest monsoon season (June-September) being only 4.3 per cent below normal till August 16. New Delhi: The current month is turning out to be the driest August in eight years. The country as a whole has received 25.6 per cent less area-weighted rainfall during August 1-16...
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