Aadhaar to be must for I-T returns, getting PAN; cash transactions not to be ‘over ₹2 lakh’
The government on Tuesday proposed making Aadhaar mandatory for filing of income-tax returns as well as for obtaining and retaining the permanent account number (PAN). It also proposed making cash transactions above ₹2 lakh illegal, reducing the limit from the earlier proposed one of ₹3 lakh, reports Mint.
SC: Will Centre extend deadline for old notes?
The Supreme Court asked the Centre to explain by April 11 whether it would give citizens—who could not meet the December 31 deadline to deposit scrapped ₹1,000 and ₹500 notes due to genuine difficulty—another window to do so, given that PM Narendra Modi had promised so in his November 8 speech, reports Times of India.
India slips in human development index
India slipped down one place from 130 to 131 among the 188 countries ranked in terms of human development, says the 2016 Human Development Report (HDR) released by the United Nations Development Programme (UNDP) on Tuesday, reports The Hindu.
Dad to Adityanath: Women in burqa too voted for you
Anand Singh Bisht, the 84-year-old father of UP chief minister Yogi Adityanath, has some advice for his son. "He'll need to take everyone along," the retired forest ranger said. "Women in burqa have also voted for him. He needs to respect all religions, win their hearts." A Times of India report.
Delhi: Two entry operators held on ₹8,000-crore black money charge
In a country-wide crackdown on shell companies laundering black money, the Enforcement Directorate (ED) said it has arrested two market entry operators who are suspected to have laundered close to ₹8,000 crore in the last three months alone, says The Indian Express.
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