Rationalisation of taxation needed: BJP

The BJP Sunday stressed the need for rationalisation of taxation in India and promised reforms in this sector when it comes to power. “People here live and die under the burden of taxes,” Bharatiya Janata party (BJP) leader Arun Jaitley said at a programme organised by yoga guru Baba Ramdev’s Bharat Swabhiman Trust. “When we […]

China probes 36,907 officials for corruption

China has investigated as many as 36,907 officials suspected of corruption from January to November in 2013, a report said Sunday. The officials were allegedly involved in 27,236 cases, 21,848 of these being major and important, reported Xinhua citing a statement from the Supreme People’s Procuratorate. Major and important cases accounted for 80.2 percent of […]

Gurgaon tax officers booked for negligence

Excise and taxation employees, including two senior officers, were booked, police said Saturday. Umed Singh, an assistant excise and taxation officer and Inspector Bir Singh, with other employees, were booked for negligence. “The accused were booked on the complaint filed by deputy excise and taxation officer Aruna Singh,” police officer Arvind Kumar told IANS. The […]

Bhutan king, queen to begin India visit Jan 6

Beginning a five-day visit to India Jan 6, Bhutan’s King Jigme Khesar Namgyel Wangchuck and Queen Jetsun Pema have been invited by President Pranab Mukherjee to stay at the renovated Dwarka suite in the Rashtrapati Bhavan. The Bhutan king, 32, an Oxford graduate, is the first foreign head of state invited to stay at the […]

Tejpal’s judicial remand extended by 10 days

Tehelka editor-in-chief Tarun Tejpal’s judicial remand was Saturday extended by a further 10 days by a magistrate here. Tejpal, who has spent more than a month cumulatively in police and judicial custody, was presented before a court of a judicial magistrate. His defence argued that Tejpal should be released on bail because police had not […]

US economy to fare better in coming quarters: Bernanke

US Federal Reserve Chairman Ben Bernanke predicted that the US economy will fare better in coming quarters. He was addressing the annual meeting of the American Economic Association held in Philadelphia, the US state of Pennsylvania, Xinhua reported Friday. He said: “The combination of financial healing, greater balance in the housing market, less fiscal restraint, […]