-The United Nations About a billion people, if they wanted to buy a pack of cigarettes, are facing some pretty off-putting and sometimes gruesome graphics on the package cover, the United Nations World Health Organization (WHO) said today, marking the success of its warning campaign. In its third annual report on the global tobacco epidemic, launched today in Montevideo, Uruguay, the agency said more than one billion people in 19 countries...
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Finance min asked to probe assets of former CJI
-The Times of India The home ministry has asked the finance ministry to conduct a probe into the assets of former Chief Justice of India, K G Balakrishnan, in what could possibly lead to action against him for allegedly possessing wealth disproportionate to his income. Sources said the ministry has written to the revenue secretary, asking him to institute an inquiry through the Central Board of Direct Taxes. "The inquiry would be...
More »That seventies feeling by Pratap Bhanu Mehta
The government is returning to a 1970s mentality. This mentality used a presumptive distrust of citizens as an excuse for enhancing state power. It sought accountability, not through intelligently designed transparency norms, but greater discretionary power in state officials. And finally, it sought to curb citizens’ freedoms, not by directly assaulting them, but by embedding them in a structure of regulation that deters free expression. This mentality connects three recent sets...
More »Experts oppose move for draconian tax law by Surojit Gupta
The government's move to make tax evasion a criminal offence has drawn strong criticism from former policymakers and commentators, who say if such a move is implemented it will hurt economic activity, undo years of tax reforms and increase harassment. A panel headed by Central Board of Direct Taxes chairman Prakash Chandra, which held its first meeting on Thursday, will examine the proposal. The proposal appears to have been made because...
More »Committee on black money to seek comments from public by Sujay Mehdudia
-The Hindu The High Level Committee appointed for tracing black money stashed away abroad and unearthing such ill-gotten wealth in the country, on Thursday decided to seek public comments on the issue. The committee, headed by Central Board of Direct Taxes chairman Prakash Chandra, held its first meeting and discussed laws that need to be amended to tackle the menace. It was set up by Union Finance Minister Pranab Mukherjee last...
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