-Scroll.in The Five Year plan is gone, several long- and short-term plans are in, but the government is still mapping growth in a supposedly market economy. When Prime Minister Narendra Modi announced the dismantling of the more than six-decades-old Planning Commission in his Independence Day speech on August 15, 2014, it seemed that India was at last formally breaking with the notion of planning, a socialist recipe for the anarchic market...
More »SEARCH RESULT
Total Matching Records found : 559
Govt will not impose any tax on agriculture income, clarifies FM Jaitley -Arup Roychoudhury, Sanjeeb Mukherjee & Archis Mohan
-Business Standard Niti Aayog says Debroy's views 'personal' Finance Minister Arun Jaitley said on Wednesday that the Narendra Modi government will not impose any tax on agriculture income. This came after Bibek Debroy, member of the Centre’s main think-tank, the Niti Aayog, seemed to suggest in an interaction with reporters on Tuesday that taxes should be imposed on farm income above a certain threshold to expand the tax base. The Aayog, however, said Debroy’s...
More »Explore law for NGOs' fund usage: SC to Centre -Dhananjay Mahapatra
-The Times of India NEW DELHI: Determined to fix accountability for lakhs of NGOs that received government grants of more than Rs 6,600 crore between 2002 and 2009, the Supreme Court asked the Centre on Wednesday to explore the desirability of a new law to regulate fund utilisation by the bodies. "Whatever be the method, we are clear that NGOs and voluntary organisations must give audited accounts of utilisation of funds received...
More »Niti Aayog backs tax on agriculture income
-The Times of India NEW DELHI: Niti Aayog, the government's thinktank, has strongly backed taxing of agricultural income above a certain threshold and removal of exemptions on personal income tax as part of a strategy to expand the tax base and prevent evasion. There is a view within the thinktank that the blanket relief on agricultural income was aimed at protecting farmers, but it was being misused by many non-farmers who...
More »Agri reforms soon to augment farm income -Vishwa Mohan
-The Times of India NEW DELHI: The agriculture ministry in consultation with the Niti Aayog has identified a set of nine marketing reforms to ensure remunerative prices to farmers for their produce by reducing intervention of middlemen. The measures are likely to be in place by July and are considered one of the key steps in doubling farmers' income by 2022. "PM Narendra Modi wants these reforms to be implemented by July. We...
More »
