-The Times of India The UPA government is likely to reintroduce the Land Acquisition Bill with a mammoth 157 amendments in the budget session of Parliament. Out of the 26 'substantive' measure the government plans to push through includes a provision that in case of acquisition for urbanization purposes, 20% of the developed land would be reserved and offered to the original owners at a price equal to the cost of acquisition...
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Budget 2013: CPI(M) Slams Tax 'Concessions' to the Rich
-Outlook The CPI(M) today castigated the government for foregoing over Rs 5.73 lakh crore as tax revenues by granting tax concessions to the rich, saying the amount was Rs 53,000 crore more than the fiscal deficit. "The budget proposals will further enrich the rich and impoverish the poor," senior CPI(M) leader Sitaram Yechury told reporters while reacting to the 2013-14 Budget. Quoting data presented in the budget, he said the aggregated revenue foregone...
More »Unblock URLs about IIPM: Court
-The Times of India BHOPAL: Additional district judge RN Chandra in a Dabra court near Gwalior on Thursday issued orders to unblock over 70 URLs related to Arindam Chaudhuri's Indian Institute of Planning and Management (IIPM). The URLs were earlier blocked on orders of the court following a petition filed by Ruchiv Sharma. The blocking of the URLs had elicited massive online outrage, with many websites reproducing the blocked content. Sharma, who runs...
More »Ignore mercy pleas of rapist-murderers: Panel -Vishwa Mohan
-The Times of India Two months after questioning the rationale behind commuting death sentences of five rape-murder convicts to life imprisonment during then President Pratibha Patil's tenure, a Parliamentary committee has now suggested that the mercy petitions should not be by and large considered for such criminals. Though the Committee is not in favour of completely knocking out the provision of mercy plea for convicts like those on death row, it wants...
More »Budget 2013: Super rich to pay more but no changes in income tax rates or slabs
-CNN-IBN Finance Minister P Chidambaram plans to get more income for the government by taxing the super-rich and the corporate sector even though he left untouched income tax rates and slabs. Chidamabaram allowed some relief for those who earn between Rs 2-5 lakh per year by announcing that they would be granted a tax credit of Rs 2000 and left most of the items untouched by not tinkering too much with...
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