-The Times of India The new occupant of Rashtrapati Bhavan will have to be more transparent in making donations. For, the Delhi high court on Thursday, in a significant ruling, held that under the Right to Information Act, every citizen is entitled to know the donations given by the President of India, as these are made out of public funds. "Every citizen is entitled to know as to how the money, which is...
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Increase duty on diesel cars up to Rs 2.5 lakh: Jaipal Reddy-Sanjay Dutta
If the government accepts oil minister S Jaipal Reddy's proposal, the price of small diesel cars could soon rise by Rs 1.7 lakh while medium-to-large guzzlers could become costlier by Rs 2.55 lakh a piece. The proposal to impose additional excise duty on diesel cars is bound to trigger protests from automakers, who have seen sales growing at the slowest pace in seven months in May. Domestic car sales declined 24%...
More »Excise levy may be raised on diesel cars-Amrit Raj
Finance ministry asks automobile sector to submit a report on the impact of such a move within a week’s time The government appears to have made up its mind to increase excise duty on diesel cars to neutralize the advantage of the state subsidy that has prompted motorists to increasingly favour vehicles powered by the fuel that’s Rs.30 a litre cheaper at the pump than petrol. Indications that the government is leaning...
More »Planning Commission splurges Rs 35 lakh to upgrade 2 toilets-Himanshi Dhawan
The Yojana Bhavan toilets are causing a stink of a different kind. The Planning Commission, which estimated a poverty line figure of Rs 28 per day per person, lavished Rs 35 lakh on refurbishing two toilets in its headquarters. For good measure, the commission has admitted in an RTI response, it has spent Rs 5.19 lakh in installing an access control system in the toilets. The facility, installed while the toilets...
More »High-level meet to discuss tax on diesel cars-Amrit Raj
A day after the Central Board of Excise and Customs (CBEC) said finance minister Pranab Mukherjee was considering an increase in excise duty on diesel cars, a consensus seems to be building within the government, with the oil ministry supporting the move. Following this, key stakeholders involved in taking a decision on increasing excise duty on diesel vehicles are likely to meet on Wednesday, according to three people, including a top...
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