-PTI NEW DELHI: Ban on cash transaction in excess of Rs 2 lakh will not be applicable to withdrawals from banks and post office savings accounts, the Income Tax department said on Wednesday. Through the Finance Act 2017, the government has banned cash transactions of over Rs 2 lakh and said a penalty of an equal amount would be levied on the receiver. In a clarification on the newly inserted Section 269ST in...

-The Telegraph New Delhi: A clutch of legal amendments the Narendra Modi government has introduced to allow corporate political donors to mask their contributions drags the world's largest democracy against global currents of rising transparency in electoral funding, analysts and activists have warned. From Brazil to Bangladesh, and Croatia to Cyprus, countries of diverse sizes and varied histories with democracy have over the past decade adopted laws and rules aimed at making...

-The Indian Express Supreme Court must urgently hear and settle issues of privacy and exclusion raised in the context of the UID project Coercion, illegality, contempt of court and exclusion have become characteristics by which people recognise the UID project. It started with its use in PDS and LPG, but, by now, has spread like a contagion to all manner of databases. In just the last 20 days, the government has...

-The Times of india NEW DELHI: The Centre's plan to make Aadhaar a basic identity document got a shot in the arm when the Supreme Court on Monday said it would not be wrong on the part of the government to make the unique ID mandatory for opening bank accounts, getting mobile connections or passports. The court clarified that its earlier interim order asking the government to make Aadhaar optional only related...

-The Hindu Business Line Aadhaar mandatory for applying for PAN; filing IT returns New Delhi: India Inc can make donations to political parties without any fetters now that the amendments to the Finance Bill, passed in the Lok Sabha on Wednesday, have removed the existing cap of 7.5 per cent of their average net profits for last three financial years. The amendments include reduction to the limit for cash transactions to Rs. 2...