Govt to work with Republic of Moldova in agriculture sector (See 'TOG News')Railways release new pan-India time table effective from Aug 15 (See 'TOG News')Govt signs agreement on rail safety with Japan (See 'TOG News')TP - Department cannot frame ad hoc adjustment u/s 92 without complying with proper method & strict mandate of Section 92C(1): ITAT (See 'TOG Latest')I-T - Failure of payer to deduct tax at source u/s 195 will not obligate payee to interest liability u/s 234B for failure to pay advance tax: ITAT (See 'TOG Latest')Customs - Imported goods kept under bond which has expired can be given benefit of advance licences subsequently issued by licensing authority: CESTAT (See 'TOG Latest')Central Excise - When goods are cleared to SEZ developers & to domestic consumers then credit availed on common input services is to be reversed @ 10% of value of goods cleared to SEZ: CESTAT (See 'TOG Latest')NDMC unveils solar-powered 'Smart City' (See 'TOG News')TP - Merchant banking company being functionally dissimilar cannot be compared to pure investment advisors for purpose of benchmarking: HC (See 'TOG Latest')I-T - Application filed by charitable trust u/s 12A merits deemed registration if Revenue has not acted upon such application within six months of its receipt: HC (See 'TOG Latest')VAT - Commercial tax Department cannot recover its dues by squeezing cash credit facility availed by assessee dealer from its bank: HCService Tax - Payments made by or received by law firm as re-imbursements towards Senior Counsel fee cannot be included in value of services rendered by it: HC (See 'TOG Latest')Ease of Living Index - country's Capital ranks abysmal 65th (See 'TOG News')MHA dehorts use of plastic flags ahead of I-day (See 'TOG News')9% improvement in cleanliness in top 100 railway stations: QCI (See 'TOG News')
Tax on Go
Budget 2015
Click the banner to download Documents


Welfare schemes for OBCs see 41.03% hike, drug addict's treatment in focus
By TOG News Service
Feb 14, 2018

 TOG News Service, NEW DELHI, FEB 14, 2018: THE Union Budget 2018 saw an increased allocation to the Ministry of Social justice and Empowerment, which received Rs 7750.00 crores, in relation to the Rs 6908.00 crores allocated in 2017. Thus the overall budget allocation saw a 12.10% hike. Also the budget allocated to various schemes was increased this year by 11.57%, with the budget allocated towards welfare of the OBC class seeing a major boost by 41.03%.

Thereby, a New scheme Venture Capital Fund for OBCs, on similar lines as Venture Capital Fund for SCs, would be launched with an initial corpus of Rs. 200 crore.  Rs. 140 crore has been provided for this in 2018-19. The Skill Development Training has been given to 13,587 manual scavengers and their dependents. 809 manual scavengers and their dependents have been provided bank loans. Moreover for the first time, the National Survey would identify victims of drug abuse.  The survey covers 185 districts, 1.5 lakh households and 6 lakh individuals.  Such survey is already underway and is expected to be completed by March-April, 2018. In the interim period, Rs. 200 crore has been provided for rehabilitation of victims of drugs abuse.  15 pilot districts across the country would be taken up for intensive activities. Under the scheme of rehabilitation of drug victims, outpatient facilities would be provided in all the centres supported by this Department. Instead of de-addiction centres, they will be renamed as Treatment Clinics.  Such treatment clinics will be set up in major prisons, juvenile homes and major Government hospitals in the States.