-The Hindu Courts must let government work out a balanced regulatory regime for online content The submissions in the Supreme Court on behalf of the Tamil Nadu government in support of linking social media profiles of registered users with their Aadhaar numbers are not well-founded in the law as it now stands. It is noteworthy that a Division Bench of the Madras High Court, which is hearing two writ petitions on this...
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A politically inconvenient data nugget -Puja Mehra
-The Hindu Data on demonetisation’s contribution to the deepening economic slowdown may have Been suppressed Was a task force report that recommended a new law to replace the more than 50-year-old Income Tax Act, 1961 suppressed because it inadvertently provided factual evidence for the debilitating impact of demonetisation on the formal corporate sector? On September 1-2, 2017, at the Rajaswa Gyan Sangam (an annual conference of senior tax administrators), Prime Minister Narendra Modi...
More »Corporate tax reduction: They already pay much less than required effective -Subodh Varma
-Newsclick.in Effective tax rate for Big Business in India was 26.3% although statutory rate is 34.6%, according to Budget documents. There is a proposal that corporate taxes should be reduced to 25% from 30%. According to reports, this has Been mooted in a report submitted to the finance minister by a panel headed by Akhilesh Ranjan, member of the Central Board of Direct Taxes (CBDT). However, data on corporate taxes put out...
More »Raghuram Rajan issues warning alert for Modi govt on economy
-BusinessToday.in According to former RBI Governor Raghuram Rajan, the slowdown in the economy "very worrisome", and he called for pressing reforms to boost the economy and energise the private sector to invest as well as a fresh look at the way GDP is being calculated Former RBI Governor Raghuram Rajan has said the economic slowdown in India is "very worrisome" and has called for a fresh look at the way GDP is...
More »Explained: Why One Nation, One Ration Card scheme could be a boon for poor migrants -Mehr Gill
-The Indian Express Essentially, the ONORC scheme has Been launched keeping in mind the internal migration of our country. Last Friday, the government launched the pilot project for the inter-state portability of ration cards between Telangana and Andhra Pradesh, and between Maharashtra and Gujarat, as part of its ‘One Nation, One Ration Card’ scheme. “It is a historic day. We have started off inter-state portability of ration card pairing two states...
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