-PTI The report noted 31% of multiple account holders (with a bank account in addition to PMJDY) are actively using alternate bank account. New Delhi: Duplication of accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY) is on the rise while 28 per cent of accounts are lying dormant, says a survey by financial inclusion consulting firm MicroSave. According to the survey, conducted in 42 districts spread across 17 States and one union...
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Farmers are tax exempt, so is company with Rs 215 cr profit -Charu Bahri
-IndiaSpend Agro-companies growing crops are allowed the same tax relief as individuals in States levying no agricultural income tax Mt Abu: It’s reasonably well known that income from agriculture attracts no tax in India. What isn’t quite as well known is that of more than 400,000 taxpayers claiming exemption for agricultural income in the assessment year 2014-15, the biggest were seed giant Kaveri Seeds—it claimed Rs 186.63 crore exemption and made a profit...
More »CBSE and ICSE ace state boards -Basant Kumar Mohanty
-The Telegraph New Delhi: Schoolchildren from national boards have outperformed those from the state boards in the first-ever standardised countrywide test of Class X pupils, carried out as part of a sample survey by the National Council of Educational Research and Training (NCERT). Students from the Council for the Indian School Certificate Examinations, which conducts the ICSE exam, and the Central Board of Secondary Education have come out tops while Madhya Pradesh,...
More »Kerala, TN secure top ranks in governance -Nagesh Prabhu
-The Hindu Karnataka secures third position while Gujarat stands fifth, according to survey Poll-bound States Kerala and Tamil Nadu secured first and second ranking in public affairs index (PAI) in governance in States, while Bihar, Jharkhand and Odisha are lagging on this front, a latest survey of think-tank Public Affairs Centre (PAC), Bengaluru, has revealed. Karnataka secured third position while Gujarat stood fifth. Karnataka secured top position among all States in the...
More »Gujarat in food security act default
-The Telegraph New Delhi: Eight States or Union territories, including the Prime Minister's home state Gujarat, have not yet implemented the National Food Security Act, 2013, the Supreme Court was informed yesterday. Tamil Nadu, Kerala, Nagaland, Mizoram, Manipur, Arunachal Pradesh and Dadra and Nagar Haveli are the other defaulters. The law aims to provide up to 75 per cent of the rural population and up to 50 per cent of the urban population...
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