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UNESCAP: Note ban effect 'transient'; India to grow 7.1% in 2017 -Surabhi Prasad

-The Hindu Business Line Sees enhanced infra spending, higher consumption New Delhi: While noting that demonetisation of high value currency by the government last year will help bring in more taxpayers into the tax net, the United Nations ESCAP in a new report has said that more measures will be required to fight black money in the future. “The measure did not, by itself, impede future black money flows in new denominations. …...

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Government plans lower I-T slab, free health check-ups for women -Mahendra K Singh

-The Times of India NEW DELHI: Acknowledging that women are a disadvantaged section despite comprising nearly half of the population of the country, the Centre is considering lowering Income Tax for single women, introducing Aadhaar-linked health cards for free basic health check-ups for women and cashless medical service for those who are pregnant. A national policy for women, framed by a group of ministers headed by external affairs minister Sushma Swaraj, is...

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A new economics for a better world -Simon Sweeney

-The Hindu Business line It must focus on human security and societal development rather than feed the avarice of a golden ghetto minority The discipline of economics has long been obsessed with gross domestic product as the base measure of development. Contemporary economic globalisation and its dominant neoliberal ideology see other considerations as not worth more than a passing glance. Neoliberalism, which used to be referred to as the Washington Consensus, was promoted by...

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Drought-affected dairy farmers in Karnataka have another worry: Aadhaar

-Hindustan Times The Karnataka govt declared that only farmers who have a fodder ration booklet will be given subsidised fodder, a lifeline for the dairy farmers battling a crippling shortage in cattle food. Kolar: In the hinterlands of Karnataka that is battling a third successive drought year and increasingly parched lands, farmers have a new worry: Aadhaar. The state government has declared that only farmers who have a fodder ration booklet will be...

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We should tax agriculture. But how? -Madan Sabnavis

-The Hindu Business Line While the idea is reasonable, the issue is so political that it will automatically ring in negative points for the implementer The subject of taxation on farm income has once again taken centre stage not just because there have been some distinguished opinions voiced on this subject but also that this has been recognised as one area where money is channelled to avoid paying taxes. As the focus...

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