-PTI * Subhash Chandra Garg from the tax revenues perspective, 2019-20 is proving to be a dysfunctional year * Former Finance secretary says corporate tax, excise duties and customs are likely to see negative growth in collections in 2019-20 NEW DELHI: The government's tax collection is likely to fall short of its estimate by Rs2.5 lakh crore or 1.2% of GDP in 2019-20, former Finance secretary Subhash Chandra Garg said on Sunday while...
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Natural farming for fiscal prudence? -Arunabha Ghosh and Niti Gupta
-Business Standard Natural farming is an alternative to chemical fertiliser-based and high input cost agriculture After decades of intensive agriculture, farms and farmers are in a crisis, food markets remain distorted, and consumers do not have access to nutritious diets. India needs a shift towards sustainable food systems. Among many alternative farming techniques is natural farming, with the potential to improve sustainability and also meliorate government Finances. Natural farming is an alternative to...
More »Move to cash transfers will lead to savings, put agriculture on sustainable growth path -Ashok Gulati
-The Indian Express All such investments will go a long way to augment farmers’ incomes in a sustainable manner. Else, I am afraid, much of the talk in the Union budget for agri-reforms will remain mere rhetoric. Although the Union budget is basically an accounting exercise of revenues and expenditures for the coming year, economy-watchers anxiously wait for the Finance minister to announce major economic reforms. In that sense, the budget of...
More »Use of electoral bonds for Delhi polls worries activists -Damini Nath
-The Hindu Rue the use of unaccounted money in next month’s Assembly elections New Delhi: Activists working for electoral reforms said they were disappointed on Monday when the Supreme Court declined to stay the electoral bond scheme of the government, saying that the anonymous donations to political parties through these bonds could continue for the Delhi Assembly elections next month. A founder of the Association for Democratic Reforms (ADR), which had filed a...
More »BJP accounted for 75% of total income national parties received through electoral bonds in 2018-19, Cong second -Fazil Khan
-News18.com Electoral bonds were first notified in January 2018 by the then Finance minister Arun Jaitley and its first tranche had gone for sale in March the same year. New Delhi: Of the six national parties that submitted details of their Income Tax Returns (ITR), three — Bharatiya Janata Party (BJP), Congress, and All India Trinamool Congress (AITC) — have declared income/donations worth Rs 1,931 crore through electoral bonds during financial year...
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