Wednesday, April 26, 2017
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Tax farmers, says NITI AayogNITI Aayog member Dr Bibek Debroy. Photo courtesy: Twitter handle of @bibekdebroy

Tax farmers, says NITI Aayog

Govt think-tank for radical reform to increase tax base26 Apr 2017 | 2:52 AM

NEW DELHI: The NITI Aayog has put forth an idea to the government to bring agricultural income above a certain threshold under the ambit personal income tax. As part of its suggestions on tax reforms and expanding its base, the national think-tank said the move will help reduce incidences of “tax avoidance”.

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Mukesh Ranjan

Tribune News Service

New Delhi, April 25

The NITI Aayog has put forth an idea to the government to bring agricultural income above a certain threshold under the ambit personal income tax. As part of its suggestions on tax reforms and expanding its base, the national think-tank said the move will help reduce incidences of “tax avoidance”.

NITI Aayog member Dr Bibek Debroy, elaborating on the chapter pertaining to “Expanding Tax Base” in the draft “Three Years Action Agenda”, said farmers should pay income tax in line with urban dwellers as the country was faced with a scenario of low income tax base.

(Follow The Tribune on Facebook; and Twitter @thetribunechd)

“There are roughly 225 million households in the country out of which two-third are in the rural areas, which are almost out of the tax net. The remaining 37.5 million households in the urban areas fall in the tax net, which also include half of them below the exemption limit.”

Suggesting that the government should do away with the distinction between “rural and urban”, Dr Debroy argued: “The agricultural income above a certain threshold, which could be the same as in the case of personal income tax, should be taxed.” The threshold agricultural income could be arrived at by “taking the average of three or five years of income of farmers and also the income fluctuations”.

It was Dr Debroy on whose recommendations the government took the decision to merge the age-old separate Rail Budget with the Union Budget. Beginning this financial year (2017-18), Finance Minister Arun Jaitley presented the unified Budget comprising a separate chapter on Railways.

Dr Debroy, however, refused to elaborate on the roadmap to tax the agricultural income. NITI Aayog Vice-Chairman Arvind Panagaria, though, avoided offering any comment on his assertions.

Jaitley, during the recently concluded Budget Session of Parliament, had made the assertion there was no plan to tax agricultural income.

Rethink on strategy to counter Naxals

Rethink on strategy to counter Naxals

26 Apr 2017 | 1:53 AM

NEW DELHI:Union Home Minister Rajnath Singh has convened a meeting of chief ministers and top security officials of Left wing extremists (LWE)-infested states, following suggestions that yesterday’s Naxal attack in Chhattisgarh, which left 25 CRPF men dead, points to a leadership failure and requires an overhaul of the standard operating procedures (SOPs).

Malegaon: Bail for Pragya, not Purohit

Malegaon: Bail for Pragya, not Purohit

26 Apr 2017 | 1:53 AM

MUMBAI: The Bombay High Court today granted bail to Sadhvi Pragya Singh Thakur, accused of plotting the September 2008 Malegaon blast, but rejected the bail plea of co-accused former Lt Col Prasad Purohit, saying the charges against him were of grave nature.

CBI registers FIR against its ex-chief Sinha

CBI registers FIR against its ex-chief Sinha

26 Apr 2017 | 1:53 AM

NEW DELHI: The CBI has registered an FIR against its former director Ranjit Sinha for allegedly trying to influence the coal scam probe as the agency's chief.

2 docs fined Rs 1.4 cr for sheltering ex-MLA

2 docs fined Rs 1.4 cr for sheltering ex-MLA

26 Apr 2017 | 2:47 AM

NEW DELHI: The Supreme Court today imposed a fine of Rs 70 lakh each on two doctors of a private hospital in Gurugram who helped former Indian National Lok Dal MLA Balbir Singh (alias Bali Pehalwan) evade jail in a murder case despite cancellation of his bail.

Mann: Historic blunder by AAP leadership

Mann: Historic blunder by AAP leadership

26 Apr 2017 | 2:55 AM

CHANDIGARH: Breaking his silence after the Punjab Assembly election results, Aam Aadmi Party’s MP Bhagwant Mann today took on the party leadership, saying the decisions taken before the polls had hurt him “to the core”.

DU now plans to teach how to write FB posts

DU now plans to teach how to write FB posts

26 Apr 2017 | 2:53 AM

NEW DELHI: The Delhi University is now planning to teach its English literature students "how to write Facebook posts".


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CRPF men attacked while eating

CRPF men attacked while eating

26 Apr 2017 | 12:58 AM

NEW DELHI: The 25 CRPF jawans who were killed in a deadly Naxal ambush in Chhattisgarh’s Sukma, were having lunch when a hail of bullets and grenades hit them fatally.

CITY FOCUS

Rebate slabs go, pay more

Rebate slabs go, pay more

26 Apr 2017 | 1:58 AM

CHANDIGARH: This year, city residents will not get the huge rebate in house tax which they got in 2015-16 and 2016-17 as the Chandigarh Municipal Corporation has decided to do away with the different rebate slab system. Now, there is only one rebate slab.

NoBank officials paste a notice at Gian Sagar Medical College and Hospital in Banur on Tuesday. Tribune photo: Rajesh Sachar

Show-cause notice to Gian Sagar college

26 Apr 2017 | 1:59 AM

CHANDIGARH: The Punjab Government today issued a notice to the management of Gian Sagar Medical College and Hospital, Banur, asking it to “show cause” why its essentiality certificate should not be withdrawn.

How much will new trustees invest: HC

26 Apr 2017 | 1:59 AM

CHANDIGARH: The Punjab and Haryana High Court has called for an affidavit listing details of the money the new trustees are willing to invest for the “rehabilitation” of Gian Sagar Medical College.

Yet to take over as Trust head: Salaria

26 Apr 2017 | 1:59 AM

PATIALA:BJP leader Swaran Salaria, who had claimed that he had already taken over as the chairman of the Trust, said today that the Trust deed formalities had not yet been completed, so he was yet to be officially inducted as the chairman.

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BJP to reach out to Muslim women

BJP to reach out to Muslim women

26 Apr 2017 | 12:24 AM

KARNAL: The state BJP will reach out to Muslim women to get their viewpoint on triple talaq and enquire about the problems they are facing. The state cadre of the party has given its consent to the proposal of Prime Minister Narendra Modi to hold parliamentary and state elections at the same time.

CRPF officer cremated with state honours

CRPF officer cremated with state honours

26 Apr 2017 | 12:59 AM

PALAMPUR: A pall of gloom descended on Nagri village, 10 kilometres from here, when the mortal remains of 46-year-old CRPF Assistant Sub-Inspector Sanjay Kumar was brought to his native village this afternoon.

If collateral loss feared, don’t carry out ops, CM tells forces

26 Apr 2017 | 12:52 AM

SRINAGAR: After a spree of civilian killings in the past three weeks, Chief Minister Mehbooba Mufti today asked the top security forces officers to prevent collateral damage and strictly follow the standard operating procedure (SOP) while dealing with any situation.

NGT notice to govt, green ministry

26 Apr 2017 | 12:50 AM

NEW DELHI: A plea seeking execution of the National Green Tribunal’s order to frame an aviation policy for the eco-sensitive Kedarnath Wildlife Sanctuary in Uttarakhand today prompted the green panel to seek responses from the Environment Ministry and the state government.

N Korea stages artillery drill as US submarine docks in South

N Korea stages artillery drill as US submarine docks in South

26 Apr 2017 | 1:27 AM

SEOUL:North Korea conducted a big live-fire exercise on Tuesday to mark the foundation of its military as a US submarine docked in South Korea in a show of force amid growing concern over the North’s nuclear and missile programmes.

Nifty scales lifetime high, Sensex nears 30,000-mark

26 Apr 2017 | 12:50 AM

MUMBAI: Benchmark Nifty closed above the 9,300-mark for the first time in its history today, while the Sensex soared 287 points to a three-week high on widespread buying, spurred by strong results and upbeat global cues.

NoSerena Williams

Serena slams ‘racist’ Nastase

26 Apr 2017 | 1:49 AM

LONDON: Serena Williams on Monday called the alleged comments about her unborn child made by former world No. 1 Ilie Nastase “racist” and applauded the International Tennis Federation (ITF) for launching a probe into the remarks.

No

Paul can play until he’s proven guilty: NADA

26 Apr 2017 | 1:48 AM

NEW DELHI:Indian goalkeeper Subrata Paul hasn’t been placed under provisional suspension by the National Anti-Doping Agency (NADA) despite a positive test for a banned substance, confirmed NADA director general Navin Agarwal.

BCCI rejects Manohar’s offer of additional $100 million

26 Apr 2017 | 1:48 AM

NEW DELHI:The feud between the International Cricket Council (ICC) and the Indian cricket board (BCCI) over the revenue-sharing model continued with the latter rejecting an offer of an additional $100 from the world body today.

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