India, Switzerland had signed a protocol to amend the DTA last year It is expected to help India get details about illicit wealth India may have to wait till at least next year for information from Switzerland on the possible black money trail to Swiss banks, as a treaty for the same might come into force only by the end of 2011. The treaty needs to be ratified by various authorities in India...
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Work on slush cash data by Jayanta Roy Chowdhury
The Centre has signed deals or is in talks with 78 countries besides Switzerland to amend double taxation avoidance treaties to facilitate information-sharing on slush funds held by Indians abroad. These countries include Mauritius, Brazil, Canada, Italy, the UK, the US, the UAE and the Channel Islands. The Swiss parliament is set to ratify the tax treaty with changes which will allow India to gain access to information on black money held...
More »Jaitapur hearing takes place without opponents
Maharashtra Chief Minister Prithviraj Chavan on Tuesday made an emotional appeal for the Jaitapur nuclear power project saying that he would never tolerate an unsafe project for Maharashtra at any cost. Speaking at an “open house” on the project at the Y. B. Chavan auditorium here, the Chief Minister said that in setting up this project about 60 to 65 per cent of the work would be done by Indian companies....
More »Mumbai set to go the Manhattan way? by Meena Menon
New CRZ notification sparks off fears, upsets fisherfolk The new Coastal Zone Regulation (CRZ) 2011 which has opened up construction along the sea has sparked off fears of Mumbai being ringed with high rises and mutating into a ‘desi' Manhattan. It has triggered furious debates on development and upset the fisherfolk who are planning to hit the streets across the country to agitate for better coastal protection. Since 1991 when the first...
More »MoEF notification upsets fishermen
The National Fishermen's Federation (NFF) has expressed displeasure over the Coastal Regulation Zone Notification (CRZ), 2011, in its present form, and accused Union Minister of Environment and Forests (MoEF) Jairam Ramesh of having taken the organisation for a ride by not incorporating some of the provisions that had been agreed upon in the talks between the Ministry and NFF representatives ahead of the notification. Matanhy Saldanha, chairman of the NFF, on...
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