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Centre close to cracking shell firm puzzle; panel decides 18 parameters -Shrimi Choudhary

-Business Standard The task force also highlighted that companies had been misused to channel unaccounted cash after demonetisation in November 2016 Mumbai: The government’s task force has arrived at a formula to define a ‘shell company’, a move critical for enforcement agencies to crack down on dubious entities exploiting the regulatory framework. According to sources, the task force has listed 18 key parameters, including beneficial ownership and the nature of business dealings, to...

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Farmers take back NiMo land

-PTI Mumbai: Farmers have "reclaimed" 125 acres in Maharashtra's Ahmednagar district, claiming that bank fraud accused Nirav Modi had acquired their plots at prices below the market rate. A group of over 200 farmers, who arrived in bullock carts at Khandala in Karjat tehsil, symbolically reoccupied the land, ploughing a part of it using a tractor. The farmers said they would start cultivation on the entire tract soon. They said the plots had...

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Why India continues to use lethal pesticides -Sonam Taneja

-Down to Earth Death of cotton farmers due to pesticide poisoning in the Vidarbha region raises vital questions about the government's attitude towards regulation of toxic pesticides One more evil has reared its ugly head in Maharashtra’s arid Vidarbha region, which has so far been infamous for farmer suicides. Some 35 farmers in the region have died of pesticide poisoning in last four months. Most of them were working in cotton and...

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Paradise Papers: Seven Steps Modi Must Take Against Black Money -Prashant Bhushan and Yogendra Yadav

-TheWire.in Given his government’s record of inaction, however, the latest disclosures are also likely to sink without a trace. The ‘Paradise Papers’ expose carried out by the Indian Express in collaboration with a German newspaper and the International Consortium of Journalists (ICIJ) once again reveals the extent of the black money menace and the lack of political will to take it on. By now it is clear that the Narendra Modi government...

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SIT on blackmoney under the RTI Act: CIC

-PTI The SIT was set up on the orders of the Supreme Court in 2014 through a government notification to suggest methods to curb black money in the economy. The Supreme Court appointed Special Investigation Team on black money is answerable under the RTI Act, the Central Information Commission has held. Bringing SIT under the RTI Act, Information Commissioner Bimal Julka said every action of the government must be actuated in...

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