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Black money: ₹4,500 cr lying in bank accounts abroad, says SIT

-The Hindu Business Line   Wants PAN used in payments over ₹1 lakh, cap on amount of cash a person can keep Income Tax authorities have traced about ₹4,500 crore in undisclosed money in bank accounts overseas, a Special Investigation Team (SIT) probing the matter said in its second report to the Supreme Court. The report, released on Friday, said investigations are pending in 33 cases involving an amount of ₹14,957.95 crore, and that...

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Committee for revamp of forest clearance -Somesh Jha

-Business Standard TSR Subramanian committee for altering procedures under key laws to speed up decisions on applications from or for industries The T S R Subramanian committee has recommended a massive revamp of various forest laws, to expedite the processing of industrial applications. These range from the way forests are defined to cutting the procedures in attaining forest clearance for industrial projects. At present, three laws - Indian Forests Act (IFA) of 1927, Forest...

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With no CIC, RTI appeals pile up -Rukmini S

-The Hindu When a new Chief Information Commissioner is appointed, he or she will find a mammoth 10,000 Right to Information appeals pending. The new government's delay in appointing a new chief has led to the pendency shooting up, much of it surrounding new policy decisions taken by the government. The Chief Information Commissioner heads the Central Information Commission, the body that hears appeals from information-seekers who have not been satisfied...

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Solution glosses over key problem: farmers are landless -Sreenivas Janyala

-The Indian Express Oorugonda/ Warangal: Twenty -two kilometres from Warangal, a narrow road from National Highway 202 leads to Oorugonda, a village of around a thousand farmers in Atmakur mandal. An eerie silence hangs around it, with a few middle-aged men sitting under a tree looking up inquisitively at visitors. They are not done grieving for 40-year-old Modanti Krishnamma. Last week, she killed herself after the cotton crop she and her husband...

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From January 2015, life-saving drugs to show govt-fixed rates in bold red -Sushmi Dey

-The Times of India NEW DELHI: All life saving drugs from January 2015 will come with a bold red strip on their packs highlighting price as fixed by the government and also specify if they are under price control. Signaling a New Year gift for consumers, the government is set to make it mandatory for regulated drugs to print on their packs 'DPCO Scheduled Drug' in black ink on a bold...

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