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RTI usage sees 10-fold rise by Mathang Seshagiri & Anil Kumar M

Have right, will ask. That's the spirit of the growing number of information seekers in the state who are increasingly using the Right to Information (RTI) Act to know who's spending taxpayers' money — and how. Enacted in the summer of 2005, the RTI Act has seen a dramatic rise in its users with Karnataka registering a 10-fold increase in just four years. Latest figures by the Karnataka Information Commission, the...

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Four weeks for Centre to clarify stand on CBI probe into ‘misuse' of MGNREGA funds: court by J Venkatesan

The Supreme Court on Monday granted four weeks to the Centre to take a clear stand regarding a CBI probe into alleged misuse of funds allocated to the States. The court was dealing with a petition alleging misappropriation of funds under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in Orissa. In an interim order on the writ petition filed by the Centre for Environment and Food Security, a three-Judge Bench,...

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Two Indias in the making: IPL India and BPL India, says Yechury

Opening the reply to the President's Motion of Thanks on behalf of the Left parties in the Rajya Sabha on Wednesday, Communist Party of India (Marxist) leader Sitaram Yechury, demanded the stopping of the “loot” of public money in the form of concessions to corporates and high-end taxpayers. This relief, worth several lakhs of rupees, should be used to narrow the rich-poor divide, he added. Calling upon the government to shift policy...

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‘Study group' on black money set up by Sujay Mehdudia

Four-pronged approach to understand compliance issues from taxpayers' perspective Challenge is to develop focussed programmes to reduce compliance costs Seeking to tackle the issue of black money in a proactive manner, the Finance Ministry has set up a “study group” to improve voluntary compliance and address the issue of revenue leakage by suggesting appropriate measures to motivate tax evaders to disclose their unaccounted income. The decision comes in the backdrop of Finance Minister...

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Black money black hole

Estimating black money has been a long time preoccupation of economists and tax collectors in India. Several books have been written and several government reports prepared. It is possible to suggest that the policy disincentives that may have contributed to black money generation, like high tax rates, have been moderated, if not eliminated, and that the incentive to declare income has gone up since the beginning of tax and policy...

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