-Live Mint Income-tax department says firm had underpriced intragroup share transfer by Rs 15,000 cr and evaded taxes consequently The Indian arm of Royal Dutch Shell Plc , Shell India Pvt. Ltd, has been accused by the income-tax (I-T) authorities of underpricing an intragroup share transfer by ` 15,000 crore and consequently evading taxes, said a person familiar with the development.   Following the notice, which is one of the biggest transfer pricing orders...

-Outlook UPA’s populist trumpcard of 2008—the farm loan waiver—has fallen short of its intended target, as a CAG audit throws up The Scheme     2008 Union finance minister P. Chidambaram announces farmer debt waiver and relief scheme in budget; PM Manmohan Singh writes to beneficiaries “seeking their support”     Rs 52,275 cr Total money that was disbursed to eligible farmers across the nation as part of loan waiver scheme     Rs 50,000 The loan...

-Live Mint The food security Bill could be taken up by Parliament in the first part of the budget session, which is set to start next month The politically sensitive food security Bill could be taken up by Parliament in the first part of the budget session, set to start next month, after the food ministry took a remarkably brief one week to consider and accept almost all the recommendations on the...

-The Hindu Confessions by politicians to EC belie claims of innocence by top newspapers The political class is more honest than the media when it comes to ‘paid news’ during elections, judging by the fact that several poll candidates have owned up to this corrupt practice. At least, after the Election Commission and the Press Council of India shot off notices to them and held inquiries into the matter. They have acknowledged...

-The Hindu Unless the government regulates the growth of the private sector and makes it accountable, the worn-down public health infrastructure cannot be revitalised The absence of a well thought out policy framework for strengthening the health system is the most important issue facing the health sector in India. In the government, there is no clarity on what the nation’s health system should be 10 years hence. Should it be a public...