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Can Budget 2018 Set a Road Map For a Truly 'Good and Simple Tax'? -Rajul Awasthi

-TheWire.in While the nitty-gritties of GST work are handled by the council, slippage in revenues are a result of poor design, which is why a road map for reforming the GST is needed. I don’t envy finance minister Arun Jaitley. The fiscal situation is looking rather grim, with the fiscal deficit target amount for the entire year having already been exceeded by 12 percentage points, with a full quarter of the fiscal...

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Marketing indigenous drinks: Spirits of the world unite -Rahul Srivastava & Matias Echanove

-The Hindu Can sparkling Mahua replace Champagne and Proseco as the drinks of choice in the new year? One of the most valuable characteristics of economic life in Europe is the tremendous importance it gives to local resources, skills and spaces, whether through need or intent. Geographical labels for specific products, especially wines and spirits, significantly contribute to local economies. Every French or Italian region has at least a few products from the...

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Are electoral bonds an elaborate ruse to protect anonymous donations? -Suchindran B N & Param Pandya

-The Economic Times blog Electoral bonds represent the latest attempt at removing black money from the electoral system. It is a financial instrument, much like a demand draft or currency note, which will conceal the identity of the donor from the intended recipient political party from everyone except the issuing bank. These bonds can be purchased for any value, in multiples of Rs 1,000, Rs 10,000, Rs 1,00,000, Rs 10,00,000 and Rs...

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UIDAI's Defensive Stance on Aadhaar Security Breaches Isn't Helping Anybody but the Government -Srinivas Kodali

-TheWire.in The biometric identification agency and the government need to start listening to those who are pointing out critical flaws instead of issuing blanket denials and template answers. It is no surprise that the latest data and security breach surrounding the Aadhaar biometric programme has been selectively denied by the Unique Identification Authority of India (UIDAI), the government of India and the Bharatiya Janata Party. All three have slammed news reports, calling it...

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Full Aadhaar data access for Rs 500? UIDAI says misuse traceable, system secure

-PTI The statement by UIDAI, which is also planning legal action, comes after news reports that anonymous sellers were offering unrestricted access to Aadhaar details for Rs 500 over WhatsApp. The UIDAI on Thursday dismissed reports of full Aadhaar details being made available on payment of Rs 500 by anonymous sellers, asserting that its system is “secure” and any misuse can be traced and action taken as it maintains a complete...

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