-Live Mint Income-tax department says firm had underpriced intragroup share transfer by Rs 15,000 cr and evaded taxes consequently The Indian arm of Royal Dutch Shell Plc , Shell India Pvt. Ltd, has been accused by the income-tax (I-T) authorities of underpricing an intragroup share transfer by ` 15,000 crore and consequently evading taxes, said a person familiar with the development. Following the notice, which is one of the biggest transfer pricing orders...
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Bedi welcomes ordinance on sexual assault, women groups call it diluted-Arunima
-CNN-IBN While the Cabinet has approved a new law after examining Justice Verma Committee recommendations on punishing sex offenders, women groups have called the ordinance a dilution of the Verma panel recommendations. This came as the ordinance passed by the Cabinet remained silent on the Armed Forces Special Powers Act. Reports say that women groups will protest against the ordinance in the capital. Meanwhile, former IPS officer and activist Kiran Bedi welcomed...
More »Centre trying to dilute Lokpal Bill: Jaitley
-The Hindu Says rejection of the Select Committee’s two key recommendations will weaken it Leader of the Opposition in the Rajya Sabha Arun Jaitley has charged the government with attempting, yet again, to dilute the Lokpal Bill now pending in the Rajya Sabha. In a statement a day after the Cabinet approved some amendments to the Bill, which would be moved when it comes up for consideration and passage, Mr. Jaitley claimed that...
More »Report in, action awaited -Brinda Karat
-The Indian Express The deafening silence from official circles on the Verma committee recommendations is in sharp contrast to the widespread well-deserved appreciation that the committee has received. It is common for governments to form such committees to buy time and take the heat off themselves. Perhaps that was the government’s intention when it set up the committee at the height of the protests in the wake of the brutal gangrape...
More »Supreme Court gives relief and an earful to Ashis Nandy -Dhananjay Mahapatra
-The Times of India The Supreme Court on Friday disapproved of social scientist Ashish Nandy's controversial remarks on corruption among backward sections at the Jaipur Literature Festival but gave him protection from arrest following a spate of FIRs in several states. Though the court entertained Nandy's petition and issued notices to the Union home ministry and states where police have registered FIRs — Rajasthan, Maharashtra, Bihar, Uttar Pradesh and Chhattisgarh — it...
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