-PTI Seventy-four per cent Indians feel that the level of corruption in the country has gone up in the last three years and perceive politicians and police to be the most corrupt, according to a survey. The survey, released by Transparency International, found that 64% Indians bribed police for one reason or the other while 55% felt that the government was ineffective in the fight against corruption. Majority of Indians opined that politicians...
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FDI low in education, finger at bar on profit by Basant Kumar Mohanty
Foreign direct investment in education has been stuttering in India more than a decade after it was allowed, apparently because education is a not-for-profit sector where surplus revenue has to be ploughed back into expanding the institution. India’s education sector has witnessed significant expansion since the government approved FDI in April 2000, thus providing a huge opportunity for investment. Yet FDI remained zero in the first three years, increased till 2008-09...
More »Govt accepts Kejriwal's resignation after six years
-PTI The government has finally accepted the resignation of Team Anna member Arvind Kejriwal from the Indian Revenue Service (IRS), almost six years after he quit the job. The acceptance of resignation came 45 days after Kejriwal deposited over Rs 9 lakh as dues to settle the issue. "The government has finally accepted my resignation from the Income Tax Department. I received the letter today," Kejriwal told PTI. He had quit the IRS...
More »Tax exemptions for rich costs govt Rs 4.6L cr
-The Times of India The subsidy for the poor is dwindling, but this has not deterred the government from lining up corporate houses' pockets. Last year, the Centre gave away potential revenue of Rs 4.6 lakh crore on account of various tax exemptions and incentives to industrialists, compared to the Rs 1.54 lakh crore on subsidy to poor and farmers. There are direct tax incentives and exemptions to businesses in the corporate...
More »How to use the existing RTI Act of India to query the private sector by Veeresh Malik
Chances of a single answer to two opposing questions on the RTI Act means there is something to it which the rule-books don’t tell you about—but you can bowl googlies to them, too, when the system expects you to hold a straight bat to their bouncers Here is a single answer to two diametrically opposite questions—“Yes, you can file an application under the Right to Information Act of India 2005 (RTI...
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