The Supreme Court dismissed the government’s review petition in the Vodafone tax case on Tuesday, affirming its January ruling that put overseas transfers of shares outside the Indian tax net. The review petition and last week’s budget proposals seeking retrospective changes have revived the uncertainty over tax laws, according to government officials, the Planning Commission and businesses. If Parliament passes the budget in its current form, the judgement in the Vodafone case...

Almost a month ago, when the Jayalalithaa-appointed state expert panel gave a clean chit to the Kudankulam Nuclear Power Project (KKNPP), Firstpost had stated that the agitation was practically over. It was only a matter of time before the protesters were either asked to vacate the plant site or were forcibly removed. Since then, the PMANE (People’s Movement Against Nuclear Energy) and the local struggle committee were essentially waging a losing...

For a district feted by the state as the best performer in the Mahatma Gandhi National Rural Employment Guarantee Act (NREGA) scheme, Aurangabad has perfected the art of graft. For, the Sillod taluka in the district has thrown up a case where nearly 800 tribal migrants, labouring since 2009, have not been paid a single rupee in wages, which have allegedly been siphoned off by the zilla parishad officials in...

Tamil Nadu chief minister J. Jayalalithaa, who had recommended the suspension of operations at the Koodankulam nuclear power plant until people’s concerns had been allayed, said on Monday that work on the plant should resume immediately. The state cabinet based its decision on a report submitted last month by an expert committee that gave the project the all-clear, she said. “As per the state cabinet consensus, I (order) that the process for...

At a time when economic wisdom is seen as lying in allowing unrestrained play of economic power and cutting social sector spending, here is a report emphasising the economic sense in addressing hunger, especially child malnutrition. It also brings out the positive impact of employment guarantee scheme, which has been a thrust area of the UPA government but has seen a cut in allocation in Budget proposals for 2012-13. The report...