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: TDS :: ACCOUNTING STANDARDS :: VAT RATES :: articles on VAT and GST in India :: ACCOUNTING STANDARD :: cpt :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TAX RATES - GOODS TAXABLE @ 4% :: empanelment :: Central Excise rule to resale the machines to a new company :: list of goods taxed at 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: form 3cd :: due date for vat payment :: VAT Audit
 
 
« Indirect Tax »
 GST may lead to better operating profit margin for multiplex operators
 Indirect taxes must equal direct taxes
  Income Tax dept issues notices to ‘farmers’ claiming suspect agricultural income
 GST would match or be lower than the multiple indirect taxes on real estate
 Tax incidence under GST lower than current indirect taxes
 Here's the complete list of pre-GST discounts being offered by companies
 Applicability of Explanation 2 to Section 132B of the I.T. Act, 1961- reg.
 Here’s all you need to know about TDS and why it is deducted
 New indirect tax regime
 Income tax rates, tax-free limit to stay unchanged
 Revised tax reform bill to benefit consumers

Amendment to Income Tax Act better than RTI for transparency: Tewari
June, 10th 2013

Dismissing the CIC order on bringing parties under the RTI Act, Information and Broadcasting Minister Manish Tewari has said an amendment to the Income Tax Act would work better towards bringing transparency.

Congress has already rejected the CIC order, terming it as an "adventurist" approach that would "harm" democratic institutions,

Asked what was the party scared of if it is subjected to RTI, Tewari told Karan Thapar on Devil's Advocate programme on CNN-IBN, "I think you need to make a distinction out here. All donations which are above Rs 20,000, the donors are revealed to the Income Tax authorities."

On claims that most of their donations come under Rs 20,000, so they are hidden, he said, "Look at it in a broader perspective. Look at a party which has a presence across 6, 30,000 villages in this country...So, you have a lot of small donors who contribute out of political conviction."

Asked why the donations cannot be revealed to the country, the Minister said, "For that you don't need the RTI.

All that you need to do is make an amendment to the Income Tax Act."

On June 3, the Central Information Commission had held that political parties are answerable under the Right to Information Act.

A full bench of the Commission comprising Chief Information Commissioner Satyananda Mishra and Information Commissioners M L Sharma and Annapurna Dixit had stated that six parties--Congress, BJP, CPI-M, CPI, NCP and BSP--to whom RTI queries were directed, fulfilled the criteria of being public authorities under the Right to Information Act.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Sitemap

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