Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
Popular Search: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: Central Excise rule to resale the machines to a new company :: due date for vat payment :: ACCOUNTING STANDARDS :: form 3cd :: VAT Audit :: TAX RATES - GOODS TAXABLE @ 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: list of goods taxed at 4% :: VAT RATES :: articles on VAT and GST in India :: cpt :: TDS :: empanelment
« Budget Extravaganza »
 Why advancing the Union Budget date may not make much difference
 Govt keen 2017-18 budget should not clash with polls: Arun Jaitley
 Finance Ministry seeks industry suggestions on taxation for Budget
 Budget should focus on fiscal firm up
 Finance ministry keen to present Budget on February 2 or earlier
 Poor railway performance may mar merged Budget
 Cabinet’s formal nod to be sought for Budget on Feb. 1
 Finance Ministry may talk to EC before finalising Budget date
 Govt starts biggest ever overhaul of Budget
 How does an early budget impact you
 Welcome steps to overhaul the Budget

Cong hopes for smooth budget session of parliament after A Raja arrest
February, 03rd 2011

The arrest of A Raja , which had become inevitable after the deadline set by the Supreme Court for CBI to submit its progress report on the probe into the 2G spectrum scam , is expected to be used by the Congress-led UPA government to stem its slide in the popularity sweepstakes, besides attempting to take the sting out of the Opposition's campaign for a JPC probe.

The move, which comes ahead of the budget session of parliament, which commences on February 21, is being seen as a UPA's political damage-control exercise. The government obviously does not want the budget session to go the same way as the previous session was over the demand for a JPC probe.

The arrest of the DMK leader is certain to be used by Finance Minister Pranab Mukherjee to convince opposition leaders about the government's sincerity in exposing the string of scams that have scarred its image.

"Some of the underlying reasons for the demand for a JPC probe have gone now. The deadlock should also end with this," a senior Congress leader said.

Wary of the credibility-deficit that had come to haunt the government in the wake of scams, government managers are hoping to use its interventions in the Adarsh Housing Society and the Commonwealth Games scams to publicise its intention of undertaking some urgent measures to book the guilty.

Notwithstanding Raja's arrest, the move is expected to raise more difficult questions for the Congress in the coming days. Prime Minister Manmohan Singh had put up a concerted defence of Raja in Parliament for a long time and new Telecom Minister Kapil Sibal had said the CAG report on presumptive loss of Rs 1.76 lakh crore in 2G spectrum allocation was erroneous.

Congress sought to take the high moral ground over the arrest and said that the government and the prime minister's conduct are above board. It brushed aside suggestions that it was the Opposition pressure that led to Raja's arrest.

"All the doubting Thomases who doubted the sincerity of commitment to take action as per law should have been silenced. Law has taken its own course in the case.

We are not concerned about the innocence or guilt of the accused. All those who raised questions, should be silent by now. The credibility of the government stands enhanced,'' party spokesman Abhishek Manu Singhvi said on Wednesday.

Raja's arrest, however, will not affect Congress-DMK ties in Tamil Nadu and neighbouring Puducherry, even though Congress is expected to nudge its partner to part with more seats in the ensuing round of assembly polls.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Wholesale Silver Jewelry

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions