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Corporate tax assessment: CAG spots major errors in over 350 cases

-The Hindu Business Line Suggests CBDT to create a foolproof IT system, internal control mechanism The Comptroller and Auditor General of India (CAG) has pointed out significant errors in the assessment of over 350 cases related to corporate tax. It also advised the Central Board of Direct Taxes (CBDT) to put in place a foolproof IT system and internal control mechanism to avoid such recurrences. In a report tabled in Parliament, the apex...

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UP law panel moots proposals to promote two-child norm -Omar Rashid

-The Hindu Bar on government jobs and welfare benefits for those who have more children. The Uttar Pradesh State Law Commission has prepared a proposed draft Bill for population control, under which a two-child norm will be implemented and promoted. After the law comes into force, a person with more than two children will be debarred from several benefits such as government-sponsored welfare schemes and from contesting elections to the local authority or...

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India’s landfills add 113k tonnes of menstrual waste each year: Report

-Down to Earth Around 88% respondents want to switch to less-polluting alternatives but report they are not easily available Around 12.3 billion sanitary napkins, amounting to 113,000 tonnes of waste, reached India’s landfills every year, according to a new study. Improper disposal and non-segregation from household waste leads to unhygienic working condition for waste workers, the report said. Commonly available sanitary napkins constitute 90 per cent plastic, the report claimed. India generates 3.3...

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Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates

Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...

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'Population Explosion': The myth that refuses to go -Sarojini Nadimpally

-TheWire.in Even more dangerously, demographically driven population regulation measures, ignore women's rights over their own bodies. The spectre of population control has emerged to haunt us yet again. The Prime Minister of India, in his Independence Day speech on the August 15, expressed concern about “population explosion creating various problems for the coming generations” and complemented those who “follow the policy of the small family” as contributing to the development of...

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