-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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Nagri still in gridlock-Suman K Shrivastava
-The Telegraph Ranchi, Sept. 2: The state government is expected to cut a sorry figure before Jharkhand High Court tomorrow when it presents the status of construction of three educational institutions in Nagri. The court, while hearing the case on August 6, had granted the state time till September 2 to begin construction of National University for Study and Research in Law (NUSRL), IIM-Ranchi and IIIT campuses at the spot, which advocate...
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 »Getting India’s health care system out of the ICU -Gita Sen
-The Hindu Brazil, Mexico and Thailand have done it. Many countries with a sound understanding of development look at Universal Health Coverage as a vital requirement to achieve it. India is at a crossroads. Introducing UHC in the 12th Plan can transform the lives of Indians, create new jobs and galvanise the economy. Most people would agree that one’s income or caste or gender should not bar one’s ability to get decent...
More »I-T dept to cancel ‘charitable’ status of Ramdev trust, withdraw exemptions -Ritu Sarin
-The Indian Express The Income-Tax department is set to cancel the registration of yoga guru Baba Ramdev’s trust as a charitable organisation and withdraw all exemptions provided to it. This follows a final order passed on August 24 by the Income-Tax (exemption) unit in the case of his principal charitable organisation, the Patanjali Yogpeeth Trust, for the year 2009-10, after a scrutiny revealed that it was involved in a host of...
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