Snehal khanna Blog

The Budget allocation for Ministry of Agriculture and allied activities has grown by 114% since 2010-11 BUDGET NEWS  :           As Finance Minister Arun Jaitley  gets right down to deliver his fifth annual budget for the 2018-19 economic 12 months, all eyes may be on his bulletins for the rural quarter which is going through a downturn in the last few years. two consecutive droughts together with a sharp fall in earning have grew to become agriculture unprofitable resulting in huge agitations in numerous elements of the us of a. in keeping with a few estimates, inside the 2017 Kharif season on my own, an expected Rs 360 billion has been denied to farmers for now not being capable of sell their produce at the state-mandated minimum assist rate (MSP). the fall in farm earning no longer only threatens to dent the ruling BJP electorally but can also boost a large query mark on the authorities’s promise to double incom...

The government is already under pressure to lower the corporate tax rate to 25%, especially after US rates were cut from 35% to 21% BUDGET NEWS  :   Base Erosion and Profit Shifting (BEPS), a collective effort of the Organization for Economic Cooperation and Development (OECD) and G20 nations, including India, aims to provide a road map to reform the global international tax framework and to protect legitimate tax base erosion in the context of aggressive international tax planning. BEPS seeks to minimise gaps and mismatches in both domestic tax and international taxation, especially through planning around tax treaties, which allowed multinational companies (MNCs) to shift profits to low tax jurisdictions. CLICK HERE TO READ MORE: UNION BUDGET 2018

Latest news : All along the Malwa region of Madhya Pradesh, a couple of things stood out during my two-day trip to the region in the midst of the state-wide farmers’ agitation. First, unlike our common perception, farmers today are highly informed and well versed about their rights, government schemes and programmes. So, they would not shy away from claiming their due, be it from the district administration, state or Centre. The agitation that spread across Madhya Pradesh and has been gathering strength since June 1 is also on account of many unfulfilled promises of both the Central and State governments. The immediate cause, though, is sharp crash in prices of all major commodities grown in the region, but there also is growing anger against tardy implementation of programmes and unfulfillment of promises both by the Centre and state. More than the promises, it’s there tardy implementation that is hurting the rural population more. Central and state schemes look good on paper...