-The Times of India The Companies Bill, 2012, passed by the Lok Sabha a few months ago, has recognised the importance of diversity in the board room. Certain class of companies will soon be required to have at least one woman director on board. The EU has long recognised the value that women directors bring to the table. But, policies need to be reworked even at the ground level. With the budget...
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Defreeze 11 bank accounts of Ramdev’s trust: Delhi HC
-The Times of India In a relief to yoga guru Ramdev, the Delhi High Court on Monday ordered de-freezing of 11 bank accounts of Patanjali Yogpeeth Nyas, sealed by the Income Tax department after the Trust allegedly failed to pay the first installment of Rs 75 lakh of the total tax of Rs 34.68 crore. "We direct the attachment order (of bank accounts) be lifted subject to petitioner (Patanjali Yogpeeth Nyas) paying...
More »'Election Commission Cannot Replace CrPc' -RK Misra
-Outlook The Gujarat High Court on Friday struck down a directive of the Election Commission of India terming the limitations on cash movement above a stated limit as unconstitutional The Gujarat High Court on Friday struck down a directive of the Election Commission of India terming the limitations on cash movement above a stated limit as unconstitutional, drastic and violative of personal liberty and privacy of individuals even if it was...
More »Ramdev trusts asked to pay Rs. 5 crore
-PTI The government has slapped a notice of Rs. 5 crore demand on trusts run by Ramdev in connection with alleged service tax evasion while organising their yoga camps. Claiming that shivirs (camps) undertaken by Patanjali Yoga Peeth and Divya Yoga Trust in Haridwar were commercial activity, the revenue department has raised a demand of Rs. 5.14 crore payable on fees collected from individuals for learning Yoga, officials said. "The directorate general...
More »True Progressivism
-The Economist A new form of radical centrist politics is needed to tackle inequality without hurting economic growth BY THE end of the 19th century, the first age of globalisation and a spate of new inventions had transformed the world economy. But the “Gilded Age” was also a famously unequal one, with America’s robber barons and Europe’s “Downton Abbey” classes amassing huge wealth: the concept of “conspicuous consumption” dates back to 1899....
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