Indians with undisclosed foreign assets and offshore bank accounts will be in for a shock this Budget if the finance ministry clears a proposal empowering income tax authorities to reopen assessments up to 16 years as against 6 years now. The proposed amendment, the ministry feels, may not only act as a deterrent, but also put pressure on people to declare their wealth stashed away in Swiss banks and tax havens. In...
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Teesta Setalvad of Citizens for Justice and Peace interviewed by Anupama Katakam
Interview with Teesta Setalvad of Citizens for Justice and Peace. TEESTA SETALVAD, through her organisation Citizens for Justice and Peace, has been at the forefront of the fight for justice for the victims of the 2002 communal riots in Gujarat. She has also worked extensively on many other issues affecting minority communities in the State. In this interview to Frontline, she speaks about Chief Minister Narendra Modi's new tactics and the marginalisation...
More »Colour of poriborton? TMC to use MP funds only to paint Kolkata blue
-The Times of India Kolkata may be crying for better hospitals and roads, but Trinamool Congress MPs representing the city will now spend their allotted development funds only on beautification. This directive came from Kolkata South MP Subrata Bakshi and was circulated among party councillors on Tuesday, leaving many of them fumbling for words. The Kolkata Municipal Corporation is already on a frenzied drive to paint Kolkata blue - because chief minister...
More »Muslim board intensifies campaign for demands by Khalid Akhter
The All India Muslim Personal Law Board (AIMPLB), the apex body of Indian Muslims, is venting its ire against the Congress-led UPA government after it got no response to its demands for amendments in Right to Education (RTE) Act, Waqf Property and Direct Taxes Code Bills. Though the board has been holding meetings across the country to mobilise public opinion since June 2011, the campaign has been intensified in the poll-bound...
More »Laureate for govt land role by Devadeep Purohit
Nobel laureate economist Joseph Stiglitz today said he was aware of the problems industry was facing in acquiring land in Bengal and suggested that government role in facilitating acquisition could help reduce the difficulty. “I talked to some people and they said it’s (land acquisition) a problem here,” said Stiglitz, a professor of economics at Columbia University, during an interaction with journalists. The former chief economist at the World Bank expressed his...
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