Economy of India

GST on Higher Education Services: The downward curve of economic and social growth 1

GST on Higher Education Services: The downward curve of economic and social growth

Levying Goods and Service Ta (GST) on Higher Education Services has been a topic of debate ever since the new tax system was rolled out across the country. While many items are exempt from GST as of today, the logic behind choosing the components taxed suggests a sea of possibilities stalled. While books supplied are …

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Amit Shah director of Co-op bank with highest amount of demonetised notes among DCCBs, finds RTI reply 2

Amit Shah director of Co-op bank with highest amount of demonetised notes among DCCBs, finds RTI reply

Originally published by The New Indian Express, deleted without explanation. MUMBAI: A district cooperative bank, which has Bharatiya Janata Party (BJP) President Amit Shah as a director, netted the highest deposits among such banks of old Rs 500 and Rs 1,000 notes that were abruptly demonetised on November 8, 2016, according to RTI replies received …

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Economic Times deletes its coverage of the Cobrapost expose of PayTM 3

Economic Times deletes its coverage of the Cobrapost expose of PayTM

Economic Times had covered the expose of PayTM by Cobrapost in Operation 136, Part II. Subsequently the story was quietly deleted without any official retraction. AamJanata believes that stories silently vanished tell a story of their own, and therefore is republishing the story here. A sting operation conducted by Cobrapost called attention to reports that …

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DeMonetisation and Digital Payments

DeMonetisation did not promote the uptake of digital transactions Driving India towards a less-cash, digital payments economy was one of the aims claimed by the Prime Minister when he invalidated 86% of India’s circulating currency. The reasoning was that India was a largely cash-based economy; if circulating cash was reduced, people would rapidly move towards …

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#BijliScam - Is the Indian Public paying an #AdaniTax on Electricity Bills? 20

#BijliScam – Is the Indian Public paying an #AdaniTax on Electricity Bills?

This article examines @santvarun’s tweets summarizing the press briefing by senior INC leader Ajay Maken and connects them with relevant information in the public domain. Three days ago, the UK newspaper, Guardian, made public excerpts of a 97-page show cause notice issued by the Directorate of Revenue Intelligence (DRI) to an Adani Group company: M/S …

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INR 990 crore deducted from farmers’ accounts nationwide without notice

Money deposited in a bank account is generally considered safe. Holders of State Bank of India-issued Kisan Credit Cards (KCCs) have apparently been charged INR 990 each for provision of weather information. Nationwide, one crore one lakh KCC-possessing farmers are seeing deductions totaling INR 990 crore, including INR 60 crore from the accounts of 6 …

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BRIHANMUMBAI UNION OF JOURNALISTS statement on HT editions being shut down

BUJ condemns HT Media’s decision to shut down 6 editions The Brihanmumbai Union of Journalists (BUJ) strongly condemns the illegal decision of HT Media Ltd to shut down six editions of Hindustan Times (HT) at Bhopal, Indore, Ranchi, Kanpur, Allahabad and Varanasi with effect from 09 January 2017. The closing down of six editions at …

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