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NHRC gives Rs 5 lakh to encounter victim's kin

-The Indian Express Ghuwati: The National Human Rights Commission (NHRC) has asked the Assam government to pay a compensation of Rs 5 lakh to the next of kin of one Rajib Basumatary of Doimoguri village in Sonitpur district, who was killed in an encounter between suspected NDFB militants and a joint patrol of Assam Police and CRPF personnel in June 2010. While the police claimed that Rajib was killed when it had...

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In recent times, every scam’s trail has led to dubious deals in real estate -Ravi Teja Sharma & Viney Sharma

-The Economic Times NEW DELHI and CHANDIGARH: It is not without reason that the quintessential real estate firm has become the epicentre in all scams in India in recent times. From Satyam to 2G, Vadra to Saradha and now Railgate - every scam's trail leads to fraudulent investments and dubious deals in the real estate sector. Not only does the barely regulated sector allows rampant transactions in black money allowing scamsters...

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Building euphoria-Himanshu Upadhyaya

-Frontline   But in Modi's Gujarat the difference between development and darkness is all too visible to those who care to see. NARENDRA MODI may have won three consecutive elections and ruled Gujarat for more than a decade after he was posted there almost as a night watchman, to borrow a cricketing expression. He may have mobilised a massive fan following that is shouting to catapult him into the Prime Minister's post,...

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No wealth tax on farm land, says Chidambaram

-The Hindu     Minister relaxed tax benefit-related residency norms for foreign investors Finance Minister P. Chidambaram on Tuesday allayed apprehensions over the imposition of wealth tax on agricultural land within urban area limits to provide a big relief to farmers, especially in Haryana and Punjab. Mr. Chidambaram relaxed the tax benefit-related residency norms for foreign investors routing funds through countries such as Mauritius and lowered the withholding tax rate to five per cent from...

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Different schemes built on different structures -Vinod Kothari

-The Hindu Even as thousands come to terms with the loss of life savings in the West Bengal "chit funds," it is interesting to find politicians promising new stern laws against such funds. Absence of laws is the least of the reasons for such schemes flourishing in the State. We are not short of such laws - in fact, we have plenty of laws that prohibit such schemes and provide for...

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