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Only 61 individuals declared gross income of Rs 100 cr in AY2017-18

Saturday, February 9, 2019, 10:28 AM

There were only 61 individuals who declared an income of more than Rs 100 crore during the assessment year 2017-18, though the number has risen sharply from 38 in the previous year. This information was provided by Minister of State for Finance Pon Radhakrishnan to the Lok Sabha in a written reply.
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"Earning Rs.8L A Year Makes One Poor?": Tejashwi Yadav Slams Quota Law

Friday, January 25, 2019, 2:43 PM

Talking about the 10% reservation for economically weaker section of general category, RJD leader Tejashwi Yadav said, "How can someone earning Rs 8 lakh a year be called poor?" "Its strange mathematics...one who can pay Rs 72,500 as tax is being given reservation by this government, he added. He also demanded at least 40% quota from the existing 27% for the OBCs.
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Rs.8L Income Cap Only Requirement For Poor Section Quota In Gujarat

Thursday, January 24, 2019, 5:50 PM

The Gujarat government said it will only consider Rs. 8 lakh annual income cap and not take into account land and house ownership criteria for providing 10 percent reservation to candidates from the economically weaker sections (EWS) in the general category. This was decided by the state cabinet at its meeting in Ahmedabad.

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