-Outlook The Income Tax Department today said it is investigating cases of black money holders on the basis of information furnished by foreign countries and will initiate prosecution proceedings wherever required. The department has taken a similar action against those individuals who figured in the LGT bank accounts list. "These cases are spread across the length and breadth of the country according to the Assessing Officers (AO) having jurisdiction. "They (AO) are quasi-judicial authorities...
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Black money: Lack of inputs hurdle for top eco intel agency
-The Indian Express A year after it was mandated to create a database of financial crimes and issue alerts to enforcement agencies about black money, the country's top economic intelligence organisation CEIB is groping in the dark for want of good snoop information. Top sources in the Finance Ministry said the CEIB, in the last six months, has sent a number of reminders to agencies like the I-T department, ED, IB, CBI,...
More »Private health care no panacea -Aarti Dhar
-The Hindu India ranks among the lowest in the world in public spending on health, but the private spending is one of the highest. The National Sample Survey Organisation’s report (2006) shows over 35 per cent of people who are hospitalised fall below the poverty line because of the expenses that follow, and over 40 per cent have to borrow or sell assets to pay for their care. Private sector provision...
More »Managed care -TK Rajalakshmi
-Frontline Health activists say the health chapter of the Twelfth Plan document exaggerates the role of the private sector in providing health care. The draft chapter on health for the Twelfth Five Year Plan document not only is grossly inadequate in its approach but exaggerates to unrealistic levels the role of the private sector in providing health care. It invokes the concept of universal health care (UHC), but, critics say, it...
More »Government shreds entire Radia tapes, tells Supreme Court it’s difficult to find who leaked excerpts to media
-The Economic Times The trail of those who leaked the Niira Radia tapes could have been lost forever had not the Supreme Court decided to keep a copy with itself. The Centre on Thursday informed the Supreme Court that it has destroyed the entire Radia tapes, publication of excerpts from which threw the spotlight on ways of doing business as well as the tendency of security agencies to violate privacy of...
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