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Corporate karza maafi at Rs. 36.5 trillion -P Sainath

-PSainath.org The revenues foregone in 2013-14 could fund the rural jobs scheme for three decades or the PDS for four and a half years.  It was business as usual in 2013-14. Business with a capital B. This year's budget document says we gave away another Rs. 5.32 lakh crores to the corporate needy and the under-nourished rich in that year. Well, it says Rs. 5.72 lakh crores but I'm...

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'Civil society recommends rejection of Parliamentary Committee report on amendment of RTI Act'

-Association for Democratic Reforms Press Release   New Delhi: The amendment made in the RTI Act by the Parliament that proposed to keep political parties outside its ambit has been approved by the Parliamentary Committee, entrusted with the task of reviewing it despite much opposition from civil society organizations and citizens. In a landmark decision on June 3, 2013, the Central Information Commission (CIC) pronounced that the political parties (INC, BJP, CPM,...

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CAG questions Rs 3,000 crore of investments by two Tata trusts -Josy Joseph

-The Times of India NEW DELHI: A detailed audit by the Comptroller and Auditor General of India of some major trusts run by business houses and sports bodies has allegedly revealed misuse of Income Tax Exemptions granted to them. Among them are at least two Tata trusts and a number of state cricket associations. The audit report, one of the first to be signed by the new CAG, S K Sharma,...

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Rs 3,000cr lost as tax rebates to NGOs, trusts: CAG

-The Times of India NEW DELHI: The government has given away more than Rs 3,000 crore by way of tax exemptions to some non-deserving big charitable organizations and trusts. The revelations were made in a Comptroller and Auditor General (CAG) report which was submitted to the government for tabling in the monsoon session of Parliament but it was deferred by the government. Sources said the auditor has covered almost all big trusts and...

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Let's All Come To The Party-Anjali Bhardwaj, Amrita Johri and Shekhar Singh

-Outlook Transparency promotes democracy, more the reason for political parties to come under RTI Act's purview There was great public outrage when legislators in Mumbai beat up an assistant police inspector because he stopped an MLA's car for speeding on the Bandra-Worli sealink. The sentiment was: What arrogance! How can lawmakers have so little respect for the laws they themselves made? How­ever, the amendment in Parliament aimed at removing political parties...

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