T.V. Somanathan argued that supposed progressive nature of direct taxes in old regime doesn’t hold because lower-income households can’t meet full exemption limits while rich easily can.
ThePrint looked at Budget documents since Modi govt came to power in 2014, to calculate gap between budgeted and actual revenue earnings, revenue expenditures & borrowings.
Allocation for school education went up to 68,805 cr from last budget's Rs 63,449.37 cr. Substantial increase in funds for training teachers & grants-in-aid to state govts & UTs.
Less than 2 months ago, panel chaired by BJP MP P P Chaudhary had recommended more than doubling allocation to foreign ministry, to 1% from 0.44% of overall budget.
No import duty on machinery required to manufacture lithium-ion cells for batteries used in EVs, specific budgetary allocation for scrapping & replacing old govt vehicles.
Agriculture Accelerator Fund aims to bring 'innovative & affordable solutions for challenges faced by farmers' and modern technologies to increase productivity & profitability.
The one thing that keeps the relentless beauty of trans people alive is their community. But for lawmakers, kinship is ‘deception’, ‘allurement’, and ‘undue influence’.
Aluminum prices, already rising before the conflict, have gained further as traders and buyers focus on the potential for tighter markets and shrinking global inventories.
It’s easy to understand why the government can’t speak the hard truth. When this war ends, as all wars do, India’s interests will lie with both the winner and the loser.
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