The Finance Ministry has begun its maiden investigation into over 100 offshore "financial structuring deals" undertaken by Indian business entities in foreign tax havens to allegedly evade the taxman's net. The multi-pronged probe has been undertaken by the international taxation wing of the Income Tax department and the foreign taxation unit in the Central Board of Direct Taxes (CBDT). A number of investments and deals to the tune of billions of rupees...
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Human Rights Day 2010: The state of human rights in eleven countries of Asia
For the Human Rights Day in 2010 the Asian Human Rights Commission presents the reports on the state of human rights in eleven countries in Asia; Bangladesh, Burma, Cambodia, India, Indonesia, Nepal, Pakistan, the Philippines, Thailand, South Korea and Sri Lanka. The general picture that emerges is one of the failures of the states to carry out their obligations for the protection of people.Serious defects are evident in the area...
More »Tribal activists see REDD in Cancun
India has agreed to allow a market mechanism in a forestry scheme, Reduced Emissions from Deforestation and Degradation (REDD), though critics claim this may weaken the traditional forest rights of tribals.However, environment minister Jairam Ramesh insisted REDD schemes would have no impact on India as most of the money will go to Brazil and Indonesia. “We will receive a negligible amount,” he said, while noting India didnot oppose the market...
More »Emerging economies have the worst records of underage workers
The Child Labour Index and map, produced by global risks advisory firm Maplecroft, rates 68 countries as ‘extreme risk’ with Bangladesh, China, India, Nigeria and Pakistan amongst those with the most widespread abuses of child workers.According to the ILO, there are 215 million children working throughout the world, many full-time. Of these, 115 million are exposed to hazardous forms of child labour. The index evaluates 196 countries on the prevalence,...
More »Right to privacy or the right to do business with UID database?
Industrialist Ratan Tata has the capacity to challenge a breach of his privacy in the Supreme Court. But what about the nearly 60 crore Indian residents who don’t know what will become of the biometric data being collected by UIDAI? The leak of the Niira Radia tapes in India and thousands of US classified documents on WikiLeaks, has stirred up again the debate on privacy. Earlier this week, Tata group chairman...
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