-The Times of India NEW DELHI: State governments may not be able to allot residential plots in cities to serving and former MPs, MLAs, bureaucrats, journalists and judges of their choice by exercising their discretionary power as the Supreme Court on Wednesday decided to frame guidelines for allotting public land at subsidised rates. Expressing concern over state governments' decision to allocate plots to well off people while lakhs of poor people do...
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As money flowed back in, how goalposts were shifted -Manoj CG & Ravish Tiwari
-The Indian Express A scrutiny of RBI’s earlier provisional disclosures and the government’s structured public remarks reveal a pattern: aware that much of the money would return, the government and the political establishment kept shifting the goalposts. New Delhi: “Tab (previous UPA) aawaz uthti thi ki kitna gaya, ab aawaz uth rahi hai ki kitna laye. Isse bada jeevan ka santosh kya ho sakta hai…Yahi toh sahi kadam hai…Woh zamana tha tab...
More »Many charity hospitals misuse tax breaks: CAG -Rema Nagarajan
-The Times of India NEW DELHI: Income tax exemptions worth hundreds of crores have been given to hospitals claiming to be charitable institutes, but they may be doing little or no charity, according to a recent report of the Comptroller and Auditor General. CAG has asked for measurable parameters to assess the extent of charitable activities by hospital trusts availing tax exemptions as the public exchequer could be losing crores without...
More »The wheel of social justice -PS Krishnan
-The Indian Express New national commission for backward classes must address the gaps and lags in the Mandal project The government’s decision to set up a National Commission for Socially and Educationally Backward Classes (NCSEdBC) in place of the existing National Commission for Backward Classes (NCBC) meets long-standing demands. The Socially and Educationally Backward Classes (SEdBCs), and the Forum of BC MPs have asked for its constitution and the NCBC and...
More »CAG protests refusal of access to GSTN data -Pradeep Thakur
-The Times of India NEW DELHI: The Comptroller and Auditor General (CAG) has protested with the finance ministry against the Goods and Services Tax Network (GSTN), a special purpose vehicle majority owned by private companies, refusing to give access to taxpayers data on its network for scrutiny and audit. The GSTN is a private limited company floated to aid the rollout of the new indirect tax regime. The company will provide information...
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