-The Times of India NEW DELHI: A detailed audit by the Comptroller and Auditor General of India of some major trusts run by business houses and sports bodies has allegedly revealed misuse of income tax exemptions granted to them. Among them are at least two Tata trusts and a number of state cricket associations. The audit report, one of the first to be signed by the new CAG, S K Sharma,...
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Developing countries call for easing IPR costs of clean technologies-Nitin Sethi
-The Hindu The issue of easing the costs of intellectual property resources on clean technologies takes centre stage For the developed countries it was a devil buried at the climate negotiations last year at Doha. At the Warsaw talks, the developing countries, including India, resuscitated the devil - easing the costs of intellectual property rights (IPR) on clean technologies - back to life, by demanding that a funding mechanism be set up...
More »Jayanthi Natarajan, Union Environment and Forests Minister interviewed by Nitin Sethi
-The Hindu "The most important milestone to be set at Warsaw is on climate finance," says Jayanthi Natarajan, Union Environment and Forests Minister, in an interview ahead of the climate negotiations beginning November 11. * What are your thoughts on the view that historical emissions should not play a role in deciding responsibilities under the 2015 agreement? India has consistently held the view that historical emissions are a very important pillar of issues...
More »Inflation in goods used by rich higher than those by poor: PHD
-PTI Inflation during the current festive season is impacting the rich more than poor as the goods used by them have seen a higher price rise a report by a industry body said. "The impact of price rise as measured by the Wholesale Price Index (WPI) is found higher on rich class at around 9.3 per cent as compared with the poor class at around 8.4 per cent," PHD Chamber of Commerce...
More »Punjab to bolster cancer relief fund with cess on basmati -Amaninder Pal Sharma
-The Times of India PATIALA: After generating much-needed revenue from sale of government properties and taxes on sale of tobacco products in the state, Punjab is now set to pump money for its cancer relief fund from a cess on the sale of basmati rice. In a notification issued recently, the Punjab government has decided that 0.25% of the total revenue generated from the purchase of basmati in the state would be...
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