The central government on Saturday set up a committee to examine ways to tighten laws to curb black money generation. The panel is to submit its report within six months after consultations with the stakeholders. The panel headed by thw Central Board of Direct Taxes (CBDT) chairman will study ways to prevent the transfer of black money abroad, besides recovering such illegal assets. The committee will also examine the existing legal and...

Generates 83.83 lakh man-days during 2010-11 as against budget for 78.46 lakh Chandigarh: Haryana has generated 83.83 lakh man-days during 2010-11 as against the approved budget for 78.46 lakh man-days under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). The information was given at a meeting of the Committee of Secretaries on Rural Development chaired by State Chief Secretary Urvashi Gulati here on Friday. Ms. Gulati said that of the total man-days...

Weighed down by an unending season of corruption, the political leadership of ruling the United Progressive Alliance (UPA) has stepped in to rescue the regime’s flagship rural employment guarantee scheme from discredit due to mounting allegations of endemic irregularities. The National Advisory Council of the UPA, headed by Sonia Gandhi, on Wednesday asked the Manmohan Singh government to expedite notification of the much-awaited rules that would allow public scrutiny of the...

When it comes to increasing wealth, legislative experience, it turns out, beats the best investment planning hollow. An analysis of the assets of re-contesting legislators certainly suggests that – with the growth in their assets being more than what investing in gold, mutual funds or fixed deposits would yield. According to analysis of affidavits done by the Association for Democratic Reforms and National Election Watch, the percentage rise in assets of...

Tihar jail today has the largest collection of charged or convicted top officials, a powerful ex-minister, sundry politicians and officials. Maharashtra had a teflon-coated chief minister who was ‘sacked’ to a cabinet post in Delhi after being long untouched by many scandals. Another just exited. A former Jharkhand chief minister is in jail on charges of looting his state treasury and accumulating funds abroad. The powerful founder of the Nationalist...