-The Times of India MUMBAI: Tax authorities will intensify their efforts to crack down on unaccounted-for money stashed overseas by seeking information from their counterparts in other countries. A recent letter issued by the Chairperson, Central Board of Direct Taxes (CBDT) bears testimony to this intention. To ensure that Indian tax authorities have access to information from other countries and can thus tackle the menace of black money and tax avoidance, several...

-The Indian Express Kolkata: West Bengal's notification for the panchayat elections marks a flash point in an ongoing tussle between the Mamata Banerjee government and the state election commission. The government notification, issued last week independently of the election authorities, has declared polls in two phases, on April 26 and 30. The election commission, headed by Meera Pandey, has been insisting on three phases. On Monday, the commission wrote to the government...

-The Business Standard Defying the Election Committee's suggestion last week, the state announced a two-phase election to be held in April The tug-of-war between the West Bengal government and State Election Commission over Panchayat poll schedule may head for a legal battle, with both sides showing no sign of compromise. After a three-hour long meeting at its office here, the state election commission today refused to accept government-announced panchayat poll dates and sent...

-The Economic Times Extreme poverty afflicts more than one in five people, according to the World Bank. The institution's new president, Jim Yong Kim, speaks of the need to "bend the arc of history in order to eliminate extreme poverty and achieve shared prosperity". At a time when his bank's resources as well as the budgetary resources of governments are limited, Brazil offers important lessons on how to eliminate extreme poverty and...

-The Times of India The government has provided a back-door entry for contractors and the food industry to corner the lucrative ICDS food supply budget through the National Food Security Bill - a move that had seen controversy earlier too but could now become part of the law if passed by Parliament. In a footnote to one of the three schedules of the bill, the government has provided that children between 6...