-The Financial Express The finance ministry today said income tax dues from 12 individuals, including stud-farm owner Hasan Ali Khan, account for 90 per cent of the total income tax outstanding. "The amount of outstanding income tax dues is a dynamic figure. As on September 30, 2010, about 90 per cent of the outstanding personal income-tax demand were due from 12 individual taxpayers," Minister of State for Finance S S Palanimanickam said...

-The Indian Express The Samajwadi Party’s sweep in India’s biggest state, Uttar Pradesh, and Congress’s defeat in Punjab and Goa will further shrink the elbow room the Congress-led UPA government at the Centre has to push through key initiatives such as foreign direct investment (FDI) in multi-brand retail, pension reforms and legislation such as the goods and service tax (GST) that require support from states. The Centre had postponed some of these...

-The Times of India Government agencies fear that terror funds are flowing into the real estate sector, apart from a substantial part of the black money generated within the country finding its way into the housing industry. An assessment prepared by revenue intelligence agencies and reviewed by the finance minister recently reveals that the highest component of undisclosed money detected by the income tax department was from the real estate sector. Officials suspect...

-Pragativadi.com The Odisha government on Thursday declared 13,032 villages, which suffered a crop loss of 50 percent, in 19 districts as drought affected and announced a special package for farmers.  The drought areas are spread over 133 blocks and 156 wards of 34 urban local bodies in 19 of the 30 districts of the state, revenue and disaster management minister Surya Narayan Patra told reporters here after attending a high-level review meeting...

Trinamool Congress government’s policies in West Bengal are leading to suicides of small farmers, a reign of terror in the Jangalmahal area and a curbing of academic and trade union rights. Its student activists beat up students and teachers who do not profess loyalty to the party. Will the CPI(M) which led the previous Left Front government for 34 years and paid the price for its insolence and corruption...