Indians with undisclosed foreign assets and offshore bank accounts will be in for a shock this Budget if the finance ministry clears a proposal empowering income tax authorities to reopen assessments up to 16 years as against 6 years now.  The proposed amendment, the ministry feels, may not only act as a deterrent, but also put pressure on people to declare their wealth stashed away in Swiss banks and tax havens.  In...

Worried at the prospect of having to match the arbitrary minimum wage rate fixed by the states, the central government is considering changes in the law to specify a separate wage norms for its flagship rural employment guarantee scheme that is undergoing a complete makeover under minister Jairam Ramesh.  The centre has already contested in the Supreme Court a Karnataka High Court interim order directing it to align wage rates under...

The recommendations of the Planning Commission’s High Level Expert Group on Access to Universal Healthcare are significant because they make explicit the need to contextualise health within the rights. However, the problem with the report is that it does not ask why many of the same recommendations that were made by previous committees have not been implemented. The HLEG neither recognises the problems, constraints and compulsions at the national, state...

ForMer plant director backs demands for compensation and jobs Agitating residents of villages in the vicinity of the Kaiga atomic power station have got support from unexpected quarters. The forMer project director of the plant, Paramahamsa Tewari, who helped to set up the installation in the early 1990s, has expressed support for the demands of the ‘struggle committee of villagers within five km of Kaiga plant,' whose protest at Karwar entered the...

In the past week the media has been reporting that the SIT has filed a closure report that gives a “clean chit” to Gujarat Chief Minister Narendra Modi on the grounds that there is no prosecutable evidence against him. However, Tehelka has now scooped amicus curiae Raju Ramachandran’s explosive confidential report that had told the Supreme Court that Modi should be chargesheeted and prosecuted for serious criminal offences like promoting religious...