-The Indian Express Manmohan Singh also suggested that the panel — which is looking into the demonetisation decision — call government officials to depose before it hears RBI Governor Urjit Patel. New Delhi: During a meeting of the Parliamentary Committee on Finance on Thursday, former Prime Minister Manmohan Singh sought to know whether the RBI was given sufficient time to hold deliberations on the government’s demonetisation move. He also suggested that the...
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Nobody can grab land under Forest Rights Act -Praveen Bhargav
-Bangalore Mirror The issue of encroachments in Devammachi Reserved Forests in Diddalli, Kodagu has thankfully evoked a balanced response from political leaders cutting across party lines. The Chief Minister, the District Minister, the Member of Parliament and the Virajpet MLA have all taken a clear stand that such fresh forest encroachments cannot be permitted while maintaining that poor people would be rehabilitated outside. However, the ill informed actions and statements of...
More »I-T lens on 68 lakh non-filers who made high-value transactions
-The Times of India NEW DELHI: The income tax department has identified an additional 67.54 lakh non-filers who carried out high-value transactions in the 2014-15 financial year, but did not file tax returns for 2015-16. The I-T department is set to initiate action against these people soon. The information was collected from Banks and other financial institutions. Data analysis carried out by the Central Board of Direct Taxes (CBDT) identifies non-filers about whom specific...
More »40% contractual staff jobless in Noida
-The Times of India NOIDA: More than 40% of contractual workers have been laid off from Noida's garment industry in the past 40 days after demonetisation was announced. Gautam Budh Nagar district labour department and workers' associations confirmed that while many garment export and manufacturing units have started pulling down shutters, many people who work on a contractual basis have been rendered jobless. Noida has 1,800 garment manufacturing and export units. Of...
More »No rush to deposit, says FM; Why haven't you done so, says RBI
-The Times of India NEW DELHI: The government and RBI on Monday unveiled fresh restrictions on deposit of old 500 and 1,000 rupee notes, saying anyone depositing above Rs 5,000 will be questioned "on record, in the presence of at least two officials of the Bank, as to why this could not be deposited earlier" and only after a "satisfactory explanation" will the money be deposited. This flies in the face...
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