ECONOMY
Chennai man arrested for receiving
19.07.17 - TEAM PT

It's not just sending a message that may land you in trouble nowadays. Even receiving a message on WhatsApp makes you vulnerable. Tadikala Akabar Saleem was last week arrested and charged with sedition at the Chennai airport where he had gone to pick up a ...
  


Adanis win, as Paranjoy Guha Thakurta resigns from EPW
18.07.17 - PT Media Critic

Within days of the Adani Group slapping a defamation notice on the Economic and Political Weekly, its editor Paranjoy Guha Thakurta, one of India's most respected journalists, resigned from his position today.

He had assumed the editorship just a year and a half back. His predecessor ...
  


Will it jolt the government into action?
Sea of farmers converges at Jantar Mantar, yards away from Parliament
18.07.17 - PT BUREAU

NEW DELHI: As mammoth waves of farmers came converging upon Jantar Mantar, the heart of India's power city of Delhi, merely a few hundred yards of Parliament, one political message was loud and clear: the Narendra Modi government can ignore the issue of farmers' plight ...
  


Look who is defending Modi regime on RBI head fiasco
17.07.17 - PT BUREAU

WAS NARENDRA MODI government unfair to Raghuram Rajan, the much celebrated RBI chief who was let go by the government? The sledgehammer decision of demonetisation came within days of Rajan's exit and the Modi government did precious little to counter the impression that he was ...
  


Mastermind of group who pumped Rs 50 crore fake coins into India, arrested
07.07.17 - team pt

The mastermind of a fake coin syndicate has been arrested with around 8,500 counterfeit coins in denominations of Rs 5 and Rs 10. Upkar Luthra, arrested by the Special Cell from Kundli in Haryana on Tuesday , was operating out of Nepal.
 
Police said that the ...
  


Punjab Cabinet approves New Draft Transport Policy; Decides to crack down on Badal-controlled transport mafia
05.07.17 - team pt

PUNJAB cabinet on Wednesday okayed the much-awaited new Transport Policy, while also abolishing the system of DTOs and restructuring the Transport Department, in order to streamline the issuance of permits and licences across commercial and private transport vehicles.
 
The cabinet decided that the state government will ...
  


In this Indian town, ‘Billionaires’ work as labourers and peons in factories
each and every employee, including laborers are multi-millionaires
05.07.17 - team pt

Can you believe that even factory workers can be millionaires? And not one, two or even ten, but most of them! Literally!

Yes. There is a factory which has each and every employee, including laborers, peons and watchmen who are multi-millionaires.
 
Factories in motown Sanand are faced ...
  


Registration of 1 lakh Cos cancelled, 37,000 shell firms identified, says PM at CA Event
01.07.17 -

Government is committed to more tough actions against firms helping in hiding black money, announced Prime Minister Narendra Modi today. 
 
PM Modi called chartered accountants a "big pillar" of the Indian economy and urged them to bring technological innovations to meet global standards.
 
Addressing Chartered Accountants ...
  


Developers Need Not Worry; News Highly Misleading and Mischievous: Sidhu
30.06.17 - team pt

WHILE REACTING TO The Tribune news story, ‘Punjab to resume ‘surplus’ land with developers’ filed by Ruchika M Khanna, regarding resumption of surplus land from the developers, Financial Commissioner (Revenue) KBS Sidhu today clarified about misgivings arising out of the circular published by the State ...
  


GST: Indian businessmen worried – may prove Demonetisaton 2.0
29.06.17 -

Businessman Pankaj Jain is so worried about the impending launch of a new sales tax in India that he is thinking of shutting down his tiny textile factory for a month to give himself time to adjust.

Jain is one of millions of small business owners ...
  


Notification soon, No need to repay loans whose debts waived off, Capt assures farmers
29.06.17 - team pt

PUNJAB CHIEF Minister Captain Amarinder Singh on Thursday announced that the farmers whose loans had been waived off stood immediately exempt from repayment of their debts.
 
Addressing a meeting of various farmers’ organisations here, the Chief Minister said that the notification in this regard will be ...
  


Aadhaar-PAN linking must for income tax return filing from 1 July, Govt notifies rules
27.06.17 - TEAM PT

THE GOVERNMENT has made it mandatory for taxpayers to link existing Aadhaar numbers with PAN cards with effect from July 1.

Amending income tax rules and notifying the same, the government has made quoting of the 12-digit biometric Aadhaar or the enrolment ID a must at ...
  


Don’t Trust Locker; RBI says Banks not liable for loss of contents
26.06.17 - team pt

If you thought that bank lockers are the safest place for your valuables, then think again. Do not expect any compensation for theft or burglary of valuables in safe deposit boxes of public sector banks as the locker hiring agreement absolves them of all liability.

This ...
  


INDEBTEDNESS SURVEY REVEALS TICKING-BOMB SITUATION
16.06.17 -

Punjab's rural sector deep in debt trap; 1/3rd of marginal farmers under BPL; 86% farmers, 80% labourers in debt 

A Special Report by PT Agriculture Correspondent

CHANDIGARH: About 86% of Punjab's farming families and slightly more than 80% of the state's agriculture labour families are under debt, ...
  


Bir Devinder slams expert group on farm waiver, wants one member to be removed
15.06.17 - Team PT

CHANDIGARH: Questioning the relevance and functioning of the Expert Group set up by the Amarinder Singh government to find ways and means for farm debt waiver, senior politician and former Deputy Speaker of Punjab Vidhan Sabha, BirDevinder Singh today said its term of two months ...
  


Farmer Unrest: An Environmental View
12.06.17 - PT Editorial

With the farmers' unrest in Maharashtra and Madhya Pradesh grabbing headlines and prime time television's attention, it is easy to forget that we are talking of a serious environmental crisis on our hands. The townsquare, as adjudged from newspaper headlines and op-ed pages or 8pm ...
  


Don’t deal in cash if amount is Rs 2 lakh or more, warns Income Tax
03.06.17 - team pt

DO NOT transact in cash if amount is Rs 2 lakh or more otherwise receiver of the amount will have to cough up an equal amount as penalty, warned the Income Tax on Friday.
 
It also advised people having knowledge of such dealings to tip-off the ...
  


Petrol, diesel at your doorstep soon; govt plans home delivery of fuel
21.04.17 - TEAM PT

Soon you may get your motor fuel -- petrol and diesel – delivered at home as the government is exploring the option of door to door delivery to avoid long queues at fuel pumps.
 
The Government is considering a plan for home delivery of petroleum products ...
  


Sand mining through E-bidding auctions in Punjab; Revenue may touch Rs. 300 Cr
19.04.17 - TEAM PT

THE PUNJAB Cabinet on Wednesday approved fresh mine auctions through progressive e-bidding to boost the state revenue multifold, and bring greater transparency into the mining business, which had been cartelized during the previous SAD-BJP regime.
 
The decision, which will bring to an end the earlier practice ...
  


SAD appreciates Capt govt for adopting their idea on power exports
17.04.17 - team pt

The Shiromani Akali Dal (SAD) today  appreciated the Congress government for deciding to take the same line on power export to Pakistan as done by the SAD-BJP government besides hard selling the good work done in the power sector during SAD-BJP rule to attract investment ...
  



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