-The Hindu Property empire was built on soft loans handed out in unusual circumstances, documents show In February, as rumours of the ambitions of Congress president Sonia Gandhi’s son-in-law swirled amidst the heat and dust of the election campaign in Uttar Pradesh, her daughter Priyanka moved to scotch speculation about Robert Vadra’s possible political future. “He’s a successful businessman,” the younger Ms. Gandhi said of her husband, “who is not interested in changing...
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IT Returns, Performance Report Out of RTI Ambit: SC
-Outlook The Supreme Court has ruled that the details of a person's income tax returns and performance of an employee are "personal information" which cannot be divulged under the provisions of the Right to Information Act unless a larger public interest is involved. The apex court added that under the transparency law, information pertaining to the performance of an employee or officer cannot be made public as it is a matter between...
More »Rise of crony journalism and tainted money in media -R Jagannathan
-First Post A lot has been written in recent weeks about crony capitalism, but an important issue for the media to introspect over is this: can this happen without significant amounts of crony journalism? When media companies begin to think they can run coal plants, surely this compromises them (Lokmat Group, DB Corp). When political parties think they ought to own media houses or be aligned to one (YSR Congress’ Sakshi, the...
More »Anonymous donors 'run' political parties in India, Congress tops the list -Ashish Tripathi
-The Times of India LUCKNOW: The major source of the income of political parties in India is through donations and voluntary contributions. However, majority donations comes from undisclosed contributors. According to the study conducted by the Association of Democratic Reforms (ADR), an umbrella body of non-governmental organizations working across the country for transparency in political and electoral system, the top five political parties with the highest total income between financial year (FY)...
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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