Even as the details given by France on Swiss bank accounts of Indians continue to cause ripples back home, Denmark and Finland have passed information about another 2,000 bank accounts to India, prompting the I-T department to launch an investigation. Sources said the I-T department's Directorate of Criminal Investigation (DCI) has been asked to probe these accounts. This is the third instance when foreign countries have shared details with Delhi about Indian...
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Arrested with arms dealer, I-T officer back at work, promoted by Ajmer Singh
Three years after he was arrested by CBI from a Mumbai hotel along with an arms dealer, Indian Revenue Service officer Ashutosh Verma was reinstated by the Income Tax Department. Last month, he was promoted as Joint Commissioner, Income Tax. In March 2008, Verma was arrested together with arms dealer Suresh Nanda, his son Sanjeev and Nanda’s chartered accountant Bipin Shah. The arrests were made after a surveillance unit of the CBI...
More »Wave pullout card, enjoy local tax
-The Telegraph Mamata Banerjee today sprayed a cocktail of petrol price and other grievances on the Centre, warning that the Trinamul Congress could pull out of the UPA government if it “did not think about the masses” and listen to her party. Oil firms said they had little option but to roll back the price increase if the Centre issued such a directive. However, till late this evening, the Prime Minister appeared...
More »Press Council has failed: Justice Verma
-The Hindu J.S. Verma fires latest salvo in the war against Markandey Katju's comments The former Chief Justice of India and current head of the television news media's self-regulatory mechanism, J.S. Verma, has fired the latest salvo in the war of words following the recent controversial comments of Markandey Katju, the former Supreme Court judge and new head of the Press Council of India (PCI). “Everyone knows the Press Council has failed in...
More »Not BPL but Basic Income by Meghnad Desai
The fracas over R32 per day was amusing and sad. Obviously, none of the journalists and politicians had known that the level used to be even lower in previous years. In 2004-05, the level was R552 per person per month for an urban person and R363 for rural. So, that is about R17.5 (R12) per day. The stylised anger only revealed that India’s elite may protest about poverty but they...
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