-TheWire.in Farmers may have to pay 18% GST on the income earned through corporate farming, which the new laws are expected to promote. Like a retro Bollywood movie with multiple double acts and plot twists, the controversy surrounding the three farm laws is not just limited to the specific legislations per se, but there is more to it, much more sinister. When the Income Tax Act, 1995 (ITA) and Central Goods and...
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India tightens oversight on funds received by NGOs -Vijaita Singh
-The Hindu New guidelines to banks on Foreign Contribution (Regulation) Act rules. The Ministry of Home Affairs (MHA) has laid down a charter for banks which says that “donations received in Indian rupees” by non-governmental organisations (NGOs) and associations from “any foreign source even if that source is located in India at the time of such donation” should be treated as “foreign contribution”. As per the existing rules, all banks have to report...
More »Revise the text of the Budget speech -Jayati Ghosh
-The Hindu The Finance Minister must move to an expansionary fiscal stance that prioritises job creation, public service provision It is that time of year in India, when all eyes and ears turn to the Finance Minister to learn what she will unveil in the annual Union Budget. But it is a moot point whether, even in a year of the novel coronavirus pandemic and economic crisis, that speech will be of...
More »Neglect of small, marginal farmers: Why little space for livestock in India's agri-budgets -Sanjib Pohit
-Counterview.net It seems that that there is a complete breakdown of trust between the Union government and farmers. The multiple rounds of negotiations, offer to negotiate clause by clause of the farms’ bills fail to convince the farmers. As a result, there is no sign that the sit-in by the farmers around Delhi’s border would go up in the near future. It appears to have tuned into a question of ego...
More »Happenstance placed Ashok Kumar on the school bus in which the victim travelled in -Leher Kala
-The Indian Express Hypothetically, if Ashok Kumar had been a conductor on any of the other 20 buses except the one the victim travelled in, he would not have even been an accused. On one of these bleak, foggy mornings that make for reflection, my mother wondered aloud how my life might have turned out if we hadn’t moved from Bombay to Delhi when I was a teenager. Not fundamentally differently, I...
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