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Tax dept unearths Rs 56,378 cr undisclosed income in searches

-PTI NEW delhi: The Income Tax department has unearthed undisclosed income of Rs 56,378 crore during search operations conducted over two years time and seized cash of about Rs 2,000 crore. Giving details of the steps taken by the government since coming to power in May 2014, Finance Minister Arun Jaitley said with IT upgradation the CBDT has been able to recover Rs 16,000 crore from non-filers of tax returns. Also the government...

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Joblessness at 5-year high, reveals survey -Subodh Varma

-The Times of India NEW delhi: Joblessness in India is running at a five-year high of 5% of the 15-plus-years work force. Over a third of working people are employed for less than a year and 68% of households are earning up to only Rs 10,000 per month, according to a new employment-unemployment (EU) survey report conducted by the Labour Bureau. Over 7.8 lakh persons in 1.6 lakh households were surveyed across...

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A low priority called health -Shah Alam Khan

-The Indian Express Poor Indians are forced to look towards the private sector for healthcare. Bhutan and Ethiopia spend more than India does. Ratna Devi and her nine-year-old daughter Seema (names changed) came to AIIMS, New delhi. There was a large tumour on Seema’s knee. It had been thriving on the little girl for a year. The family was from Rajasthan, around 400 km from delhi. The father was a farmer who...

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Pulses production: Glorious moment for India; here's why -Usha Tuteja and Vishal Dagar

-The Financial Express There are several facets to India’s weak pulse economy. Nevertheless, it is a glorious moment for the country as pulse production is expected around 22 million tonnes in FY17 surpassing all previous records. According to the initial estimates of the agriculture ministry, kharif production will reach 8.2 million tonnes against 5.4 million tonnes recorded in the last fiscal. This would be possible due to higher allocation of land to...

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'Bimaru' states shine in urban reforms in recent years -Dipak K Dash

-The Times of India NEW delhi: Bihar, Madhya Pradesh, Rajasthan and Uttar Pradesh -- traditionally tagged as 'Bimaru' states -- have made major progress in urban municipal reforms in recent years, while delhi has not submitted any claim of reforms. States such as Tamil Nadu, Maharashtra, Andhra Pradesh and Gujarat, which have always performed better, lead from the front again in the assessment by the urban development ministry. The assessment is based...

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