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Showing posts with the label farmers

Domestic, global taxation: Will Budget 2018 clear the haze around BEPS?

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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

Calling Rahul Gandhi "Pappu" got a UP Congress leader sacked

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The leader, however, denies all the allegations, calling it an attempt to frame him Latest news : A senior Congress member, Vinay Pradhan of Meerut district, was dismissed on Tuesday for reportedly calling party vice-president Rahul Gandhi  "pappu" in a WhatsApp group. According to Times of India, Pradhan in a message - which was circulated seven times - praised Rahul's attempts for "putting the interest of the nation before his own." But it said, "Pappu could have joined hands with Adani, Ambani and Mallya but he did not do that. Pappu could have been a minister or even the Prime Minister, but he did not go down that road. Instead, he put his life on the line by going to Mandsaur." Farmers in Mandsaur district, have been protesting since June 1, demanding loan waivers and higher remunerative prices for their crops. The situation became worse when five people were killed by the police on June 6. Since then, many political leaders includi...

Farmer no fool, govts should put the money where the mouth is

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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...