-TheWire.in Despite government press releases, as of August 2017, there doesn’t appear to have been a substantial increase in the number of new tax payers or direct tax collection as a result of demonetisation. On the morning of August 8, most of our newspapers – both national as well as regional ones – ran headlines about the giant leap in the Income Tax returns received as well as the increase in advance...
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Did Demonetisation 'Substantially Increase' Number Of Tax Returns? A FactCheck -Arun Giri
-BoomLive.in In a press release dated August 7, 2017, The Central Board of Direct Taxes claimed that there has been a ‘substantial’ increase in the number of tax returns filed this year ( April 1 – Aug 5, 2017 ) on account of demonetisation. These first sentences from the CBDT press release are important and we will put them under a microscopic scrutiny in the next few paragraphs. As a result of...
More »Arvind Panagariya raised red flags, couldn't stop power centres within -Pranav Mukul & Sunny Verma
-The Indian Express In January, Arvind Panagariya had raised the first red flag on the possibility of taxpayers being harassed post-demonetisation and had reportedly written to the Prime Minister’s Office. Under Arvind Panagariya, the Niti Aayog piloted several reforms ideas in both economic and social spheres, but the sudden departure of its vice-chairman has put under the spotlight the numerous occasions when difference of opinions between the think-tank and other wings of...
More »Supreme Court for 3-tier right to privacy: Intimate, private and public -Dhananjay Mahapatra
-The Times of India NEW DELHI: The Supreme Court on Wednesday outlined a three-tier, graded approach to the question whether privacy is a fundamental right by examining the issue through its intimate, private and public aspects even as it reserved its verdict in the case. Prior to completion of the two-week-long hearing that attracted arguments for and against conferring fundamental right status to privacy but which saw all parties accepting its intrinsic...
More »Making fundamental right subservient to economic rights dangerous: Supreme Court -Dhananjay Mahapatra
-The Times of India NEW DELHI: The Supreme Court continued to subject the debate on constitutional status for the right to privacy to close scrutiny, saying economic rights of citizens and provision for food and other essential items could never be a ground to undermine basic fundamental rights. This observation came when senior advocate C A Sundaram, appearing for the Maharashtra government, reiterated the Centre's stand that right to privacy would always...
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