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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...

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The Modi government is facing a serious cash crunch -- thanks to GST -Shoaib Daniyal

-Scroll.in More than a tenth of GDP is provided by government expenditure. This is (more) bad news for the Indian economy. In 1773, the British Parliament passed the Regulating Act, appointing a governor general to oversee all of British India. This law marked the beginnings of the Central government of the British Raj, the single most significant institution to shape the Indian subcontinent for the next two centuries. It continues till today...

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The perpetual El Nino -Jatin Singh

-The Telegraph Below-normal and drought are the new normal. Since 2012 there has only been one normal monsoon. Monsoons follow their own patterns, unpredictable as they may be. In the past, certain periods, spanning a decade or sometimes two, have had higher frequencies of droughts and at the moment, we seem to be stuck in such a cycle. Between 1900 and the year 2000, there was one drought per decade. But...

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Under Rs 3.5L cr scheme, all rural homes to get piped water by 2024

-The Times of India NEW DELHI: Prime Minister Narendra Modi on Thursday announced the launch of Jal Jeevan Mission, which will primarily focus on providing piped water supply to all rural households by 2024. He said over Rs 3.5 lakh crore will be spent under the mission. Modi highlighted how for seven decades a large section of the rural populace had to wait for getting safe drinking water and needed to cover...

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Manisha Verma, principal secretary, tribal development department, Maharashtra interviewed by Sugandha Indulkar (The Times of India)

-The Times of India Manisha Verma, principal secretary, tribal development department, Maharashtra talks to Sugandha Indulkar about The Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of Forest Rights) Act, 2006 and related issues, with today being World Tribal Day. * What’s the precise positioning of the tribal welfare departments at the Centre and states on FRA? This is a seminal legislation. The preamble to the Act itself states that it aims...

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