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Explained: How the latest corporate tax rate cut impacts the economy -Udit Misra

-The Indian Express A cut in personal income tax or GST slabs would have spurred the economy more in the short term but the corporate tax cut is beneficial for the economy in the long term. Finance Minister Nirmala Sitharaman’s announcement to cut corporate tax rates on Friday morning was a welcome surprise for the Indian economy that has been struggling with growth deceleration. According to reports, the government has cut the...

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No GST relief for automobiles

-The Hindu Aadhaar link for registration proposed Panaji: From October 1, taking the family for a holiday is set to become a more economical affair, but the consumption of energy drinks will become more expensive, following a marathon meeting of the Goods and Services Tax (GST) Council that lasted nearly nine hours on September 20.   While the tax rates were tweaked up or down for several goods and services, the Council left...

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J&K High Court panel to probe charges of illegal detention of children -Krishnadas Rajagopal

-The Hindu SC says plea filed by child rights activists Enakshi Ganguly and Shanta Sinha raise “substantial issues and alleged detention of children”. The Supreme Court on Friday assigned the Jammu and Kashmir High Court’s Juvenile Justice Committee to inquire into allegations of illegal detention of children — some as young as 10 — by security forces in Jammu and Kashmir, which is undergoing a period of lockdown following the reading down...

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Govt proposes to hand over EPFO corpus of Rs 10 lakh crore to a central body

-The Economic Times Labour ministry proposes to hand over reins; dedicated funds for provident fund, pension & insurance schemes to be administered by a Central Board. NEW DELHI: The labour ministry has proposed to hand over control of the over Rs 10 lakh crore corpus of provident fund, pension and insurance schemes under the Employees’ Provident Fund Organisation (EPFO) to a central body, which will have a central government-appointed chairman. Unlike the...

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Courts of injustice -Prashant Bhushan and Cheryl D'souza

-The Indian Express The fate of close to two million people excluded from the NRC in Assam rests with the Foreigners Tribunals. The constitutionality and conduct of these quasi-judicial bodies are questionable Over 1.9 million people have been excluded from the final National Register of Citizens (NRC) in Assam. The herculean executive exercise, mandated and closely monitored by the Supreme Court, has incurred a staggering expenditure of over Rs 1,200 crore...

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