The All India Muslim Personal Law Board (AIMPLB), the apex body of Indian Muslims, is venting its ire against the Congress-led UPA government after it got no response to its demands for amendments in Right to Education (RTE) Act, Waqf Property and Direct Taxes Code Bills. Though the board has been holding meetings across the country to mobilise public opinion since June 2011, the campaign has been intensified in the poll-bound...
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Government to take up repair work of SEZ rules soon by Amiti Sen
The commerce ministry will announce rules to simplify and rationalize procedures to revive special economic zones, hoping to draw investors to these enclaves once touted as centres of export excellence. The changes, which will be notified in a week, could include a reduction the minimum-area requirement, easier vacancy and contiguity norms and allowing multi-product SEZs in sector-specific zones. "There will be reforms and changes in policies pertaining to SEZs mainly to simplify...
More »Black money: I-T gets wary about secret bank account names; asks for oath
-PTI In order to guard against possible leakage of names figuring in the secret bank accounts lists it has received from foreign shores, the Central Board of Direct Taxes CBDT has ordered the I-T department to obtain a signed undertaking from any government entity or department who demands the data for their own probe. The CBDT fears that if these names are leaked and they are publicised, global financial bodies like OECD...
More »Safal shows the way by Latha Jishnu & Jyotika Sood
Mother Dairy’s retail model helps farmers but is under pressure from chains Call it the Safal model. For close to 25 years, a large chunk of households in the National Capital Region have had access to fresh fruits and vegetables at affordable prices—at rates much lower than what the local vegetable and fruits market or the handcart vendor would charge. This was made possible by standing the concept of buying on...
More »I-T searches unearthed Rs 18700 crore in last 2 years
More than Rs 18,700 crore of unaccounted wealth has been unearthed across the country after searches were conducted by the income tax officials in the last two years, the Central Board of Direct Taxes said on Friday. The body has, however, denied any harassment has been caused to any industrialist or business establishment anywhere in the country due to I-T search and survey operations. "Search and seizure is conducted on the basis...
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