-The Times of India NEW DELHI: In a major victory for the Narendra Modi government that is set on making Aadhaar compulsory for several kinds of transactions, the Supreme Court upheld on Friday the law making the UID number a must for filing income tax returns and its linkage to PAN card. In what could cheer up the government, which faced anxious times while defending validity of Section 139AA of the Income...
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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...
More »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...
More »'Aadhaar-PAN linking a Faustian bargain' -Krishnadas Rajagopal
-The Hindu Linking Aadhaar with essential activities will turn the nation into a concentration camp, SC told Lashing out at the move to link Aadhaar to the permanent account number and filing of income tax returns, senior advocate Shyam Divan told the Supreme Court on Thursday that the Constitution was not a charter of servitude. “We are independent citizens who cannot be forced by the State to part with our fingerprints in exchange...
More »Aadhaar-PAN linkage meant to plug tax leaks, says SC -Krishnadas Rajagopal
-The Hindu We as citizens are like that... we don’t want to pay taxes, shame on us: Justice Sikri Slamming a tendency in the country to evade taxes, the Supreme Court referred to the mandatory linking of Aadhaar to the Permanent Account Number (PAN) and Income Tax returns as an instance of the government’s efforts to bring “new and new laws to stop leakages.” “When tax evasions are there, the government will try...
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