-PTI The CIC cannot leave the disposal of complaint filed by an RTI applicant on the public authority as it is obligatory for the panel to decide on merit of the plea, Delhi High Court has held. Hearing a complaint filed by an activist, Justice V K Jain said it was obligatory for the Central Information Commission to decide a complaint on its merit instead of simply directing the Central Public Information...
More »SEARCH RESULT
Total Matching Records found : 122
Finance Ministry agrees to Rs 1 lakh cr diesel, LPG subsidy for FY'13
-PTI NEW DELHI: Finance Ministry today agreed to dole out a record Rs 100,000 crore towards diesel and cooking fuel subsidy in 2012-13 but wants pricing formula to be changed from current year to cut down the outgo. Finance Ministry, which had previously given out cash subsidy of Rs 55,000 crore, agreed to give Rs 40,000-45,000 crore more to cover for unmet revenue losses on fuel sale in the fiscal year ending...
More »No wealth tax on farm land, says Chidambaram
-The Hindu Minister relaxed tax benefit-related residency norms for foreign investors Finance Minister P. Chidambaram on Tuesday allayed apprehensions over the imposition of wealth tax on agricultural land within urban area limits to provide a big relief to farmers, especially in Haryana and Punjab. Mr. Chidambaram relaxed the tax benefit-related residency norms for foreign investors routing funds through countries such as Mauritius and lowered the withholding tax rate to five per cent from...
More »The feeding frenzy of kleptocracy-P Sainath
-The Hindu Since 2005-06, taxes and duties for the corporate world and the rich have been written off at the rate of Rs.7 million a minute on average. Duties waived on gold and diamonds in the last 36 months equal the 2G scam amount Forbes has just added an “errata” to Union Finance Minister P. Chidambaram’s budget speech. The Minister had found a mere 42,800 people in the country with a taxable...
More »KV Thomas, Food Minister interviewed by Sanjeeb Mukherjee
-The Business Standard For the first time, the Union Budget for 2013-14 made a provision of Rs 10,000 crore for rolling out UPA-2 most ambitious social security programme--the proposed Food Security Law. This is over Rs 80,000 crore as normal food subsidy. Food Minister K V Thomas tells Sanjeeb Mukherjee that the Budget provision of Rs 90,000 crore as food subsidy will be enough to roll out the Bill in its...
More »
