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Tax details not out of RTI ambit

-PTI   Information given to income tax authorities by assessees does not come under any fiduciary relationship and cannot be denied to an RTI applicant on this ground, the Central Information Commission has ruled. Hearing the plea of Rakesh Kumar Gupta, who sought information on estimated tax evasion figures, the panel rejected the income tax department’s argument about such a relationship. Information commissioner Annapurna Dixit said the fiduciary relation exists when there is scope...

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Supreme Court notice to anna hazare following PIL

-The Economic Times   The Supreme Court has issued notices to social activist Anna Hazare on a public interest litigation, seeking direction to CBI to investigate 'financial irregularities' in his trust. The court also sought response from Hazare on the plea seeking his prosection for alleged siphoning of funds. A bench comprising Justice Aftab Alam and Justice Ranjana Desai also sought responses from the Centre, CBI and the Maharashtra Government on the...

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CBDT cell to track poll expenditure

-The Economic Times   The Central Board of Direct Taxes (CBDT) will soon have a dedicated cell to monitor election-related expenditure by political parties and donations made to them. "A special cell is being created under CBDT to look at election funding," said a finance ministry official. The new cell will be headed by a commissioner rank officer of the I-T department and will monitor election-related expenditure and political funding and enforce...

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‘Landgrab' overseas by Jayati Ghosh

The global 'farmland grab' in Ethiopia and the rest of Africa has become competitive, with companies from Asia, including India and China, joining it. AN extraordinary new process has been at work in the past few years: the aggressive entry of Indian corporations into the markets for agricultural land in Africa. At one level, this process is simply following the hoary old tradition in global capitalism of firms (often supported...

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Job hubs to exclude labour reform

-The Telegraph   Labour laws will not be eased for the proposed national manufacturing investment zones (NMIZs), and there will be administrative arrangements for quick relief to workers in case a unit is closed. The government plans to generate 100 million jobs within a decade in these proposed zones. Proposals of flexible labour laws in these zones, which may have allowed hire-and-fire policies, had come under criticism from trade unions and as a...

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