-The Telegraph New Delhi: The Congress today alleged that the Narendra Modi government was testing the waters on bringing agricultural income within the tax ambit and declared its intention to build a movement of farmers if the idea was implemented. "This government is harassing industrialists, traders, students, political rivals... only one section of the society was left, that is farmers," Congress leader Ghulam Nabi Azad said. "The statements coming from important people in...

-PTI New Delhi: Joining the debate on taxing agriculture income, Chief Economic Adviser Arvind Subramanian today said states, which have the option to levy the tax, should make a distinction between rich and poor farmers. “The legal situation is...nothing prevents state governments from taxing agriculture income. The constitutional restriction is on central government taxing agriculture income. “There too, one could make a case that this is a choice open to 29 state governments...

-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...

-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...

-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...