-PTI The Institute of Chartered Accountants of India (ICAI) today said it would submit its report to the government in September, suggesting changes required in the key economic Acts such as Income Tax and FEMA to tackle the menace of black money and ways of retrieving it from tax havens abroad. ICAI had said earlier this month that the report was expected in August. A committee, headed by ICAI President G Ramaswamy, is...
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Court order goes against Doctrine of Separation of Powers: Centre by J. Venkatesan
The Centre, while seeking to recall/modify the July 4 Supreme Court order on the black money issue, has disputed the finding that certain admissions and concessions were made by the government counsel during the course of hearing of the petition filed by the former Union Law Minister, Ram Jethmalani. On July 15, the Centre filed an application for recall of the order (briefly published on July 16). According to the application...
More »‘Inclusion of RAW chief in SIT highly objectionable’ -by Krishnadas Rajagopal
New Delhi : The government finds it “highly objectionable” that the Supreme Court included the Director, Research and Analysis Wing (R&AW), in a Special Investigation Team set up to investigate black money cases. “What is of serious concern and highly objectionable is the inclusion of the Director, Research and Analysis Wing, in the SIT,” said the government in an application filed in the Supreme Court seeking the recall and modification of...
More »‘Lokpal cannot be above Parliament'
A strong Lokpal Bill is necessary to fight corruption, but it cannot become a “supreme body” above Parliament with control over the legislature, executive and judiciary, Sudhakar Reddy, deputy general secretary of the national council of the Communist Party of India (CPI), has said. Speaking at the launch of the anti-corruption campaign by the Left parties here on Saturday, Mr. Sudhakar Reddy said that participation of civil society organisations could not...
More »Chhattisgarh to file review petition on disbanding SPOs by Neena Vyas
A day after the Centre filed a review petition in the Supreme Court on its order related to black money, the Bharatiya Janata Party too decided to go for a review plea on its ruling disbanding and disarming special police officers (SPOs). Chhattisgarh Chief Minister Raman Singh, who was here on Saturday, said he had consulted several lawyers on the Supreme Court's judgment on SPOs. “We have 100 per cent made...
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