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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What the Amicus really told the Supreme Court: Prosecute Modi! by Ashish Khetan
In the past week the media has been reporting that the SIT has filed a closure report that gives a “clean chit” to Gujarat Chief Minister Narendra Modi on the grounds that there is no prosecutable evidence against him. However, Tehelka has now scooped amicus curiae Raju Ramachandran’s explosive confidential report that had told the Supreme Court that Modi should be chargesheeted and prosecuted for serious criminal offences like promoting religious...
More »After RTI…..? by Raman Sharma
Transparency is okay, but what about accountability! With each passing day, the most talked and obviously powerful civil right, i.e. Right to Information Act is gaining momentum in Jammu and Kashmir State and helping the citizens to get the information from the government and administration. In this process of obtaining information many RTI users have been able to unearth major scams in the state. Now, the officers, the Public Information Officers...
More »Rs 565 cr stashed in Geneva accounts: Report by Ritu Sarin
The government’s draft report on black money — that has been circulated to members of the high level committee on black money for final comments — confirms that details of the HSBC accounts in Geneva have given the country its biggest black money trail. Citing this as an instance where the government has moved fast in tracing the coded account holders, the report states that the receipt resulted in information...
More »Long on Aspiration, Short on Detail by Sujatha Rao
The recommendations of the Planning Commission’s High Level Expert Group on Access to Universal Healthcare are significant because they make explicit the need to contextualise health within the rights. However, the problem with the report is that it does not ask why many of the same recommendations that were made by previous committees have not been implemented. The HLEG neither recognises the problems, constraints and compulsions at the national, state...
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