Free Press Journal
  • Government may eliminate taxman’s discretion, lower stamp duty 

    New Delhi : Tightening the norms further around black economy, the government may abolish discretionary powers of tax officers in deciding liabilities for evasion, said NITI Aayog, VC, Arvind Panagariya. He also hinted that stamp duty for real estate dealings may be eased with a possible rise in on-the-book property deals in the wake of the ongoing crackdown on unaccounted wealth, reports PTI.

  • Fidel Castro forgotten by PM Modi

    It’s a pity Narendra Modi who attended Lee Kuan Yew’s funeral didn’t attend Fidel Castro’s. This was not a leftist occasion to be left to middle-ranking politicians led by Rajnath Singh. It was a celebration of the Third World at which India’s voice and presence would have honoured our own past in honouring Castro’s memory, and acknowledged the future hopes of all Afro-Asian nations.

  • PSBs reported net loss of  `17,993cr in FY16: Govt

    New Delhi : Public sector banks (PSBs) posted a net loss of Rs 17,993 crore in the last fiscal, showed a government data recently. According to the data presented in Lok Sabha by Minister of State for Finance, Santosh Gangwar, in reply to a query, the 28 public sector banks reported a collective net loss of Rs 17,993 crore in 2015-16, reports PTI.