-The Indian Express The Supreme Court on Friday protected sociologist Ashis Nandy from arrest over his allegedly casteist remark, but also censured him for irresponsibly expressing “ideas” that could hurt people. A bench led by Chief Justice Altamas Kabir stayed Nandy’s arrest in all criminal proceedings arising out of the statement he made at the Jaipur Literature Festival on January 26. The court, however, described the remarks as “unacceptable”, and told the...
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Shell India accused of tax evasion-Utpal Bhaskar, Remya Nair and Amrit Raj
-Live Mint Income-tax department says firm had underpriced intragroup share transfer by Rs 15,000 cr and evaded taxes consequently The Indian arm of Royal Dutch Shell Plc , Shell India Pvt. Ltd, has been accused by the income-tax (I-T) authorities of underpricing an intragroup share transfer by ` 15,000 crore and consequently evading taxes, said a person familiar with the development. Following the notice, which is one of the biggest transfer pricing orders...
More »One more step towards food security-Himanshu
-Live Mint Parliamentary committee’s proposals on the food security Bill are an improvement over the original The standing committee of Parliament, set up to examine the National Food Security Bill (NFSB), has finally given its recommendations. With this, the Bill has moved one step closer to seeing daylight. The recommendations, which are not binding on the government, will now be considered by the Union cabinet before being put to vote in Parliament. The...
More »Don’t join retail queue but cut diesel taxes, Moily tells States-Sujay Mehdudia
-The Hindu OMCs will revise price every month until losses are wiped out The Centre is seized of some State governments’ directive to their transport undertakings (STU) to line up at retail outlets for refuelling following the removal of subsidy for bulk consumers of diesel, Petroleum Minister M. Veerappa Moily said on Friday. Talking to reporters here, Mr. Moily said he had heard that States such as Gujarat and Tamil Nadu had asked...
More »How To Waive Crores Goodbye -Lola Nayar and Panini Anand
-Outlook UPA’s populist trumpcard of 2008—the farm loan waiver—has fallen short of its intended target, as a CAG audit throws up The Scheme 2008 Union finance minister P. Chidambaram announces farmer debt waiver and relief scheme in budget; PM Manmohan Singh writes to beneficiaries “seeking their support” Rs 52,275 cr Total money that was disbursed to eligible farmers across the nation as part of loan waiver scheme Rs 50,000 The loan...
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