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One way to pay for vaccinations for all in 18-45 group – a 1.6% tax on net worth of richest Indians

One way to pay for vaccinations for all in 18-45 group – a 1.6% tax on net worth of richest Indians
A one-off tax on a handful of people whose combined wealth exceeds the combined GDP of five South Asian countries could save millions of lives.
Industrialists Mukesh Ambani and Gautam Adani.
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Mukesh Ambani (PTI), Gautam Adani (Reuters)
Just over a year ago, I wrote a piece in this publication, urging the imposition of a modest “Covid tax” on the country’s ultra-wealthy. The essay was not written in a spirit of wide-eyed innocence: it was written altogether less with the expectation of being received positively than as a gesture, plain and simple, that demanded to be performed as part of a professional economist’s sense of public responsibility. It is in much the same spirit that this theme is revisited, very briefly, in what follows. ....

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SC to pronounce order today on plea seeking stay on sale of fresh set of electoral bonds from April 1

SC to pronounce order today on plea seeking stay on sale of fresh set of electoral bonds from April 1
timesnownews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timesnownews.com Daily Mail and Mail on Sunday newspapers.

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Ahead of Polls in 4 States, SC Needs to Prioritise the Challenge to Electoral Bonds

Ahead of Polls in 4 States, SC Needs to Prioritise the Challenge to Electoral Bonds
It is very unfortunate that cases involving challenges to rules of electoral funding that can derail democracy have such a low priority in the Supreme Court.
Illustration: The Wire, Photos: Reuters
Politics09/Mar/2021
Funds held by political parties has now become the most important determinant for winning elections, thanks to the first-past-the-post system.
Voters know that only one candidate will win and only one political party will form the government, and therefore, they do not want to waste their vote by voting for people or parties that have no chance of winning. The assessment of which parties have some chance of winning is made on the basis of their visibility, which is mostly purchased by money by way of advertising, hoardings, paid workers and now even political rallies which people are asked to join for money. ....

Madhya Pradesh , Tamil Nadu , Rajya Sabha , Association For Democratic Reforms , Supreme Court , Election Commission , Election Commission Of India , Ministry Of Law , Election Law , Finance Bill , Foreign Contribution Regulation Act , Companies Act , Income Tax Act , State Bank , Reserve Bank , Finance Act , People Act , Contribution Report , Peoples Act , Democratic Reforms , Common Cause , Electoral Bond Scheme , West Bengal , Assam Election , Election Funding , Election Money ,

Plea in SC seeks stay on sale of Electoral Bonds ahead of elections in WB, TN, Kerala, Assam

NGO Association for Democratic Reforms (ADR) has moved the Supreme Court seeking a stay on further sale of electoral bonds. The plea contends that there are serious apprehensions that any further sale of electoral bonds before the upcoming . ....

New Delhi , Tamil Nadu , Prashant Bhushan , Association For Democratic Reforms , Supreme Court , Democratic Reforms , West Bengal , Electoral Bond Scheme , Electoral Bonds Scheme , Finance Act , Peoples Act , புதியது டெல்ஹி , தமிழ் நாடு , பிரஷண்ட் பூஷன் , சங்கம் க்கு ஜனநாயக சீர்திருத்தங்கள் , உச்ச நீதிமன்றம் , ஜனநாயக சீர்திருத்தங்கள் , மேற்கு பெங்கல் , தேர்தல் பத்திரம் திட்டம் , தேர்தல் பத்திரங்கள் திட்டம் , நிதி நாடகம் , மக்கள் நாடகம் ,

Plea in SC seeks direction to Centre to not open any further window for sale of electoral bonds

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Plea in SC seeks direction to Centre to not open any further window for sale of electoral bonds
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Plea in SC seeks direction to Centre to not open any further window for sale of electoral bondsPTI
Last Updated: Mar 09, 2021, 08:16 PM IST
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Synopsis
The application filed by an NGO in the pending petition has claimed that there is a serious apprehension that any further sale of electoral bonds before the upcoming Assembly elections, including in West Bengal and Assam, would further “increase illegal and illicit funding of political parties through shell companies”.
A plea was Tuesday filed in the Supreme Court seeking a direction to the Centre and others to not open any further window for sale of electoral bonds during the pendency of a case pertaining to funding of political parties and alleged lack of transparency in their accounts. ....

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