-Live Mint Cabinet-approved Bill may stir up controversy after it left out a key proposal to bring CBI within its purview On the day that it approved the anti-graft Lokpal Bill, the first murmurs of dissent against finance minister P. Chidambaram’s call for expenditure cuts surfaced in the Union cabinet—over the seemingly piffling amount of `90.38 crore. The cabinet eventually overruled the finance ministry’s objections and approved the infusion of the money for...
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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 »Shell India accused of tax evasion-Utpal Bhaskar, Remya Nair and Amrit Raj
-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...
More »How To Waive Crores Goodbye -Lola Nayar and Panini Anand
-Outlook UPA’s populist trumpcard of 2008—the farm loan waiver—has fallen short of its intended target, as a CAG audit throws up The Scheme 2008 Union finance minister P. Chidambaram announces farmer debt waiver and relief scheme in budget; PM Manmohan Singh writes to beneficiaries “seeking their support” Rs 52,275 cr Total money that was disbursed to eligible farmers across the nation as part of loan waiver scheme Rs 50,000 The loan...
More »In slain Maoist’s village, nothing on the ground to back up government claims-Pavan Dahat
-The Hindu GADCHIROLI: A week ago, six militants of the Communist Party of India (Maoist) were shot dead by commandos of Maharashtra’s anti-Naxal C-60 force at Govindgaon, a village in Gadchiroli district. Shankar Anna alias Munneshwar Jagatu Lakada, 43, was leading the Maoist squad that organised a meeting on the night of January 19 at Govindgaon, villagers say. Gadchiroli police say Shankar Anna was secretary of the CPI (Maoist) Aheri area committee and...
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