The Centre released Rs 1.08 lakh crore to states under the Mahatma Gandhi National Rural Employment Guarantee Scheme since February 2006 but did not carry out account auditing at any level, the government told the Supreme Court on Friday. This admission by the Union of India meant violation of the intent of Section 24 of the Act, which says, "The central government may, in consultation with the Comptroller and Auditor General...
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Black money black hole
Estimating black money has been a long time preoccupation of economists and tax collectors in India. Several books have been written and several government reports prepared. It is possible to suggest that the policy disincentives that may have contributed to black money generation, like high tax rates, have been moderated, if not eliminated, and that the incentive to declare income has gone up since the beginning of tax and policy...
More »Find source of black money: SC by Dhananjay Mahapatra
The Supreme Court on Thursday asked the government to widen the scope of its action on black money beyond the issue of tax evasion, questioning why it had not gone after those who had stashed huge amounts of money abroad or inquired about the source of the siphoned funds. The Centre explained the difficulty in revealing the names of foreign bank account holders who were in the zone of suspicion for...
More »Chennai safest for women, crime bureau data shows by Revathi Ramanan
Women in Chennai can feel safer about venturing out alone; government statistics are on their side. According to the National Crime Records Bureau (NCRB) report on crime in India in 2009, Chennai ranks 34th among 35 cities across the country when it comes to crimes and offences committed against women. While Delhi, Hyderabad , Ahmedabad, Bangalore and Mumbai take the top five slots, Chennai is penultimate on the list, followed by...
More »High Price for India’s Information Law by Lydia Polgreen
Amit Jethwa had just left his lawyer’s office after discussing a lawsuit he had filed to stop an illicit limestone quarry with ties to powerful local politicians. That is when the assassins struck, speeding out of the darkness on a roaring motorbike, pistols blazing. He died on the spot, blood pouring from his mouth and nose. He was 38. Mr. Jethwa was one of millions of Indians who had embraced...
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