-The Hindu The scheme also shuts out ‘innocent’ taxpayers who filed returns on time but whose cases were chosen for scrutiny to verify claims. Tax payers, whose returns were picked for random scrutiny by the authorities in recent years, would not be eligible to turn concealed income into ‘white’ under the Income Declaration Scheme (IDS), announced in the Union Budget to bring black money into the tax net. Experts believe this may...

-The Times of India MUMBAI: The 100% tax waiver announced in the Union Budget on `small flats' to encourage affordable housing can lead to builders laughing all the way to the bank. Take a hypothetical case: Nothing stops a developer from constructing tiny 300square-foot apartments in tony Napean Sea Road in south Mumbai, selling them at, say, Rs 70,000sq ft, and getting a total tax waiver on profits. Experts say no law...

-TheWire.in Action now shifts to the states which will have the first real opportunity to react to a new, and still evolving fiscal landscape One of the most dynamic features over the last three budgets has been the apparent consolidation of centrally sponsored schemes (CSS) — schemes like MGNREGA and National Health Mission, which are formulated by the Union Government on subjects from the State List to encourage states to prioritise on...

-The Telegraph New Delhi: The Union environment ministry has reclassified industries depending on their pollution potential, ranging from 60 "red" category units prohibited from ecologically fragile and protected areas to 36 "white" industries that will not require any environmental clearance. The list released today after a year-long internal exercise is intended to appropriately reflect the pollution potential of India's diverse industrial units taking into account their emissions, effluents, hazardous wastes and consumption...

-Frontline Higher education has been growing from strength to strength in recent years, with State public and private universities dominating the scene. CENTRAL universities are suddenly in the eye of a storm in the country. First it was the University of Hyderabad, where the suicide of Dalit research scholar Rohith Vemula led to nationwide student protests and drew universal condemnation of the authorities, and now the nation is gripped by the...