-The Hindu Business Line   Wants PAN used in payments over ₹1 lakh, cap on amount of cash a person can keep Income Tax authorities have traced about ₹4,500 crore in undisclosed money in bank accounts overseas, a Special Investigation Team (SIT) probing the matter said in its second report to the Supreme Court. The report, released on Friday, said investigations are pending in 33 cases involving an amount of ₹14,957.95 crore, and that...

-AFP KOLKATA: Sex workers are being trained to identify counterfeit currency to prevent punters from conning them in the dimly-lit brothels of one of Asia's biggest red light districts. Prostitution is illegal in India, meaning the country's estimated three million sex workers cannot complain to police if they are paid with fake notes. But a campaign group known as the Committee for Indomitable Women has now begun a training programme in Kolkata's notorious...

-The Indian Express With the CBI making its first arrests in the Ishrat Jahan case, Ujjwala Nayudu and Rahul Tripathi look at past investigations, all of which have punctured holes in the Gujarat Police’s encounter theory When were Ishrat Jahan and three others killed? Was it in a police encounter on June 15, 2004, as the Gujarat Police’s records show, or a day earlier, on the evening of June 14, as subsequent...

-The Indian Express Until recently, we took a compartmentalised view of national security. Each threat to national security was neatly fitted into one compartment. The first, of course, was a war with Pakistan. That was fitted into a compartment and was meant to be deterred, or defended, through the might of our armed forces. A war with China was, and remains, unthinkable, and therefore that threat was fitted into another compartment...

The Election Commission's crackdown on candidates using black money in electioneering has forced politicians to come up with innovative methods. Two ATM vans, belonging to two private banks, were seized with nearly Rs 13 crore cash in poll-bound Uttar Pradesh last week by Income Tax's flying squad, a part of which has remained unclaimed for the last four days. The EC has written to RBI to instruct the two large private...