The government's efforts to widen the tax base are not paying off. New tax payers added over the past three years show a decline, while a staggering 89% of existing assessees are bunched in the lowest income bracket of Rs 5 lakh or less a year. Numbers point to a worrying trend the government would want to reverse as while 17,84,709 assessees were added in 2008-09, the figure slid to 16,75,069...
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Media cannot reject regulation-Markandey Katju
I have not read the Private Member's Bill on media regulation that Meenakshi Natarajan was scheduled to move in Parliament last week so I am not in a position to comment upon it, but I am CERTainly of the opinion that the media (both print and electronic) needs to be regulated. Since my ideas on this issue have generated some controversy they need to be clarified. I want regulation of the...
More »Ban & seize: Congress MP Bill out to gag media by Maneesh Chhibber
The private member’s Bill that Rahul Gandhi’s close aide and Congress MP Meenakshi Natarajan was scheduled to introduce in Parliament last week lays down a draconian set of rules clearly aimed to gag and threaten the media in the name of “protecting national interest”. Called the Print and Electronic Media Standards and Regulation Bill, 2012, it provides for a media regulatory authority — part selected by the I&B minister and three...
More »Indians don't feel 'engaged' at work: Survey
-The Economic Times A record high of 31% of Indian adults - or about 240 million Indians - rate their lives poorly enough to be considered 'suffering', according to the 2012 Gallup research released Monday at the Behavioral Economics Forum in New Delhi. This is against 24% "suffering" in 2011. Engagement in Indian workplaces is also a concern, with 8% of Indians who are employed for an employer being engaged, versus 32%...
More »Italy's compromise with kin of killed fishermen illegal, says Supreme Court
—PTI Describing Italy's compromise with the kin of the two Indian fishermen who were shot dead by its marines as “illegal” and “astonishing,” the Supreme Court said on Monday that they were “playing” with the Indian process of law and felt Kerala should have filed an objection. A Bench of justices R.M. Lodha and H.L. Gokhale was perturbed that the compromise reached between the parties was placed before the Lok Adalat and...
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