-CNN-IBN The Union Cabinet on Sunday cleared Food Security Bill. The bill will now be tabled in Parliament. Earlier, around 30 activists staged a protest outside Prime Minister Manmohan Singh's residence in New Delhi on Sunday evening demanding immediate passage of Right to Food Bill. A senior police official said the activists were detained and taken to police station. The meeting was originally scheduled for Monday but advanced to Sunday evening, sources said. The...
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Black money trail: Govt may move against HSBC, Rs 80 cr mopped up by Ritu Sarin
The Government is contemplating legal action against HSBC Bank for what is being described as the “active’’ role of their executives in persuading Indian account-holders to open accounts to park undeclared money in their branch in Geneva. The Central Board of Direct Taxes (CBDT) has sought the opinion of the Law Ministry for this and underlined that a similar course of action has been taken by other countries who, like India,...
More »Tax exemptions for rich costs govt Rs 4.6L cr
-The Times of India The subsidy for the poor is dwindling, but this has not deterred the government from lining up corporate houses' pockets. Last year, the Centre gave away potential revenue of Rs 4.6 lakh crore on account of various tax exemptions and incentives to industrialists, compared to the Rs 1.54 lakh crore on subsidy to poor and farmers. There are direct tax incentives and exemptions to businesses in the corporate...
More »Food grain availability on the decline
-PTI Daily food grains availability per person in India has dropped by nearly 7 grams in the last five years, Parliament was informed on Friday. Per capita availability of food grains stood at 438.6 grams per day in 2010 compared to 445.3 grams per day for a citizen in 2006, Minister of State for Agriculture Harish Rawat said in a written reply to the Rajya Sabha. It was 442.8 grams per day in...
More »Need safeguards to put PM under Lokpal: Jaitley
-Express News Service Bharatiya Janata Party (BJP) leader Arun Jaitley on Saturday said his party has told activist Anna Hazare’s camp that proper safeguards must be put in if the Prime Minister were to be brought under the ambit of the proposed Lokpal. Jaitley said the BJP has refused to accept Hazare camp’s demand to include the Prime Minister unconditionally, saying a lot of conditions and safeguards are required so that...
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