The government may make mandatory the disclosure of high-value purchases such as property and jewellery. Stung by growing public outrage over corruption, finance minister Pranab Mukherjee will on Monday spell out steps taken and planned to curb proliferation of black money. There are no clear estimates of the size of India’s black economy but the amount is pegged between $462 billion (Rs.22 lakh crore) and $1.4 trillion (Rs.77 lakh crore). Mukherjee...

Cabinet clears change in divorce law: Women to get part of husband’s property In a move that could be a setback to land acquisition for commercial use, a parliamentary committee unanimously recommended that the government should not acquire land for industrial, commercial or for-profit enterprises or private companies. Instead, the panel, which has proposed legislation favouring landowners, recommends that private companies and public-private partnerships would have to buy land in the open...

On March 29, 2011, a Right to Information application on AIIMS faculty members travelling abroad on official tours was filed. The applicant sought details of their reasons for the visits, money spent and sponsors of the trips. AIIMS public information officer Lalit Kumar replied six days later saying, “The information is not available. Presently there are 450 committee members. The details for permission of this kind of work, thus the...

The government's efforts to widen the tax base are not paying off. New tax payers added over the past three years show a decline, while a staggering 89% of existing assessees are bunched in the lowest income bracket of Rs 5 lakh or less a year.  Numbers point to a worrying trend the government would want to reverse as while 17,84,709 assessees were added in 2008-09, the figure slid to 16,75,069...

-The Hindu The e-waste (Management & Handling) Rules, 2011 will come into effect from Tuesday. The rules were notified in May 2011 and aim at reduction in the use of hazardous substances in electrical and electronic equipment by specifying threshold for use of hazardous material including lead, mercury and cadmium. These rules were notified in advance to give the various stakeholders adequate time to prepare themselves and also to put in place...