-The Economic Times NEW DELHI: India is readying a raft of far-reaching reforms in the neglected agriculture sector, often seen as a politically sensitive subject, by trying to pitch the Niti Aayog’s blueprint directly with the states. Liberal contract farming, direct purchase from farmers by private players, direct sale by farmers to consumers, single trader licence, single point levy of taxes and taking fruits and vegetables out of the mandi laws are...
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Now, transactions older than 6 years in govt cross hairs in war on black money -Suchetana Ray and Mahua Venkatesh
-Hindustan Times New Delhi: The crackdown on black money is not over. With the scheme for voluntary disclosure of unaccounted for wealth now closed, tax officials have launched a drive to unearth hidden incomes and are looking at transactions carried out beyond a six-year ceiling under existing rules, sources said. “The tax department can scan transactions older than six years by invoking clause 197C of the Finance Act, 2016. This clause was introduced...
More »How's the economy really doing? -TCA Sharad Raghavan
-The Hindu There are multiple ways to arrive at an answer, but each metric points in a different direction. If someone asks you how the Indian economy is doing, how would you answer? Would you say that the Gross Domestic Product and Gross Value Added (GVA) are both above 7 per cent, and so the economy is growing strongly? Or would you say that the Index of Industrial Production (IIP) has contracted for two straight...
More »First-of-its-kind policy initiative on nutrition and diet launched in Delhi -Shreeshan Venkatesh
-Down to Earth The total health burden arising from poor diet exceeds the combined burden of unsafe sex, alcohol, drug and tobacco use The Global Panel on Agriculture and Food Systems for Nutrition and the Public Health Foundation of India (PHFI) jointly launched the South Asian Policy Initiative for Improved Nutrition and Growth (SAPLING), a policy initiative to improve nutrition and diet in South Asian countries, on October 6, in New...
More »Tax on farm income should be limited to growers' with large land holdings: Study -Sanjeeb Mukherjee
-Business Standard Exemptions granted on agri income and subsidies provided by the Centre and states are being cornered by big farmers and corporates The Comptroller and auditor general’s proposed audit of exemptions granted to big corporates, companies and even farmers under the head of agriculture incomes has once again rekindled the debate as to whether farm incomes derived from big companies and large farmers should be taxed. According to an analysis done by...
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