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Rs 6,000 crore and counting: Windfall from tax on stashed cash after note Ban -Dhananjay Mahapatra

-The Times of India NEW DELHI: Vice-chairman of the special investigation team (SIT) on black money, Justice Arijit Pasayat, said on Friday that after demonetisation, the Centre has collected around Rs 6,000 crore as tax on unexplained cash deposits so far, and the amount could go up. Tax authorities sought explanation from individuals, who deposited substantial amount of cash after demonetisation of Rs 500 and Rs 1,000 notes, either in their own...

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GDP conundrum -V Sridhar

-Frontline.in Recently released data from the CSO, which claimed that demonetisation had had no significant impact on the performance of the economy, raise more questions than provide answers. Official data released by the Central Statistical Organisation (CSO) on the last day of February, which claimed that the national gross domestic product (GDP) rose by 7 per cent in the October-December period, the third quarter of 2016-17, came as a morale booster...

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Waiving crop loan not a solution, govt should adopt scientific farming for higher returns to farmers: Dr Madhav Chitale -Shubhangi Khapre

-The Indian Express Chitale said the government should invest in infrastructure for the agriculture sector to help double production. Mumbai: Water management expert Dr Madhav Chitale believes a loan waiver is not a solution to agrarian crisis. He says such populist measures often pitched by politicians never serve the larger objective of farmer welfare. “If any government is attempting such a decision, it can be best described as ‘tatpurta malam patti’ (temporary...

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SY Quraishi, former Chief Election Commissioner, interviewed by Vrinda Gopinath (Scroll.in)

-Scroll.in In this environment of majoritarianism, we must seriously consider proportional representation, adds SY Quraishi. SY Quraishi, who was Chief Election Commissioner from July 2011 to June 2012, is known to be outspoken about several issues regarding electoral reform both when he was in the Election Commission and after he retired. He has asked for public funding of political parties, putting an expenditure cap on them, financial transparency among parties, and...

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Pricier food, fuel push WPI inflation to 39-month high -Surabhi

-The Hindu Retail inflation too inches up in February New Delhi: Retail and farm gate prices surged in February as food articles and fuel products became more expensive. Data released on Tuesday revealed that consumer price index (CPI) based inflation rose to a four-month high of 3.65 per cent in February this year as against 3.17 per cent in January. It was, however, much higher at 5.26 per cent in February last year. Meanwhile,...

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