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Govt needs to look beyond salaried class to grow Income Tax collection -S Murlidharan

-CNBCTV18.com Income tax payers are admittedly abysmally low in India but the problem to a large extent is of our own making with too many holy cows and touch-me-nots. We often hear the elegy that in a country of 135 crore, hardly 1.5 crore people pay income tax although thrice of that number file returns. The answer is not far to seek though. We have right from the beginning exempted agricultural income...

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Mid-day Meal Scheme to include millets

-IndiaToday.in Mid-Day Meal Scheme will be including millets in order to enhance the nutrition among children, said the Minister of State for Education, Annpurna Devi. Mid-day meal will include millets (coarse grains) soon, said the Minister of State for Education, Annpurna Devi in a written reply to Rajya Sabha on Wednesday. The Central Government requested State Governments/Union Territory Administrations under PM POSHAN Scheme to include millet in the midday meal in order...

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A recipe to deepen the distress in rural economy -Himanshu

-Livemint.com Rural economy has to deal with declining incomes and rising cost of essentials The general consensus on the state of the Indian economy can be summarized as follows: The economy has been in a deep crisis even before the pandemic-led disruptions. Second, the crisis is not a result of supply constraints but is a result of demand deficiency, particularly in the rural economy. Recent evidence suggests that the impact of the slowdown...

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Union Budget 2022: The Concerns and Numbers Don’t Square Up -Arun Kumar

-TheWire.in Much was expected from the Union Budget 2022 which has come at a time when the Indian economy is facing an economic turmoil due to the coronavirus pandemic and battling widespread unemployment and inflation. High hopes were pinned on this year’s budget as the country saw young people protesting for Railway jobs, farmers protesting for the government to address their loss of incomes, micro-sector producers as they faced closures and PSU...

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Budget 2022: Lowest sections of our society who suffered most are not yet part of recovery story -Ashwini Kulkarni

-The Free Press Journal Today’s budget speech of the Finance Minister was more about Government’s intentions, intentions for a long term horizon like 25 years and little on this years’ specific plans. There is an oft-spoken phrase – where there is a will there's a way. If the policies of a Government is its Will then the Budget is meant to give the Way by providing the means with funds. Today’s budget...

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