-The Times of India NEW delhi: The government has made the Aadhaar card mandatory for opening bank accounts and conducting financial transactions of Rs 50,000 and above. Those with existing accounts will also have to submit their unique identification number by the end of December. Not disclosing it by December 31 will lead to suspension of the account. While the income tax department had earlier announced the decision to make Aadhaar mandatory for...
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Farmers block highways in Haryana, Rajasthan demanding loan waiver -Harpreet Bajwa
-The New Indian Express CHANDIGARH: Farmers in Haryana and Rajasthan blocked highways in Haryana and Rajasthan as part of a nation-wide protest against the death of five farmers at Mandsaur in Madhya Pradesh allegedly in police firing. A group of 62 farmers’ unions had announced that it will block traffic for three hours on all national highways across the country on Friday. In Haryana, major highways of the state, including National Highway 1...
More »GST Is Proving to Be a Procedural Nightmare for Small Service Providers and Traders -MK Venu
-TheWire.in Most of the outreach efforts of the finance ministry to explain and create awareness about the GST have been with the bigger industry players. It is becoming increasingly clear that that neither the Centre nor states are adequately prepared to launch the goods and services tax (GST) on July 1. The sheer multiplicity of taxes, as also different tax slabs for the same commodity or service, is a problem which has...
More »No clear-cut trend in economy going cashless
Paytm's founder Vijay Shekhar Sharma was in the news recently for signing a deal to purchase a Rs. 82 crore worth property in Lutyens’ delhi. He is credited with the growth of Paytm's mobile wallet services, which is currently being used by over 220 million users across the country. Although Paytm was launched in 2010, the popularity of its mobile wallet services and payment gateway among the ordinary citizens grew...
More »Shrinking banks putting delhi at risk of flooding -Jayashree Nandi & Risha Chitlangia
-The Times of India NEW delhi: In 2015, a high-powered panel appointed by the National Green Tribunal and headed by the then union water resources secretary Shashi Shekhar had recommended the ecological development of the Yamuna floodplain in such a manner as to prevent any further encroachments by builders. But with NGT yet to decide on implementing that report, constructions continue on either side of the river. NGT also asked for the...
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