Find sources, bring back black money: Apex court tells Govt
Fearing that black money stashed in foreign banks could be the proceeds of crime and arms deals, Supreme Court on Thursday asked the government to ascertain its source instead of just looking at the problem from a tax evasion angle.
Questioning solicitor general Gopal Subramanium about action taken against those who'd illegally parked their money abroad, the court directed the government to file a detailed report by Thursday. It was hearing a petition filed by former law minister Ram Jethmalani and other prominent citizens.
Observing that those on the list of alleged tax offenders were Indians amenable to Indian law, the court asked: "What steps have you taken? Have you set the law in motion?"
Subramanium told the court the government was taking all possible steps under the Double Taxation Avoidance Agreement and investigations were on.
However, terming it a "serious matter", the court said: "You know the names, where the money is lying, still you're just talking about double taxation issue… Why are you looking only at tax evasion issue… That is the most dangerous part of the story. Have you done anything?"
For the uninitiated, Dhan Mill Compound, a former granary and a cluster of warehouses, has morphed into the city’s modish food, fashion, design and lifestyle destination. Its streets are lined with art cafes, home décor outlets, ateliers, art galleries, pottery studios, dance halls and high-end boutiques, whose facades and interiors are as interesting and experimental as the wares they deal in. Interestingly, all of these fancy establishments are housed in re-purposed warehouse buildings, which still have metal roofs.
According to a Delhi government official, a break-up of the total jobs, including the list of employers and the number of people they hired, will be shared “in a couple of days”. Notably, the government portal was launched by chief minister Arvind Kejriwal on July 27, 2020, to help entry-level and blue-collar job seekers connect with employers at a time when the Covid-19 induced lockdown left many people unemployed.
“Manufactures, and start-ups which are working on alternatives to single-use plastic have to pay more GST for raw material. Hence, the Delhi government will write to the Centre and request a reduction in GST rates,” Delhi environment minister Gopal Rai said.
Safdarjung, Delhi’s base weather station, recorded 0.1mm of rainfall between 8:30am and 5:30pm on Sunday. The Capital recorded 1.9mm of rainfall on Saturday and 117.2mm on Friday, making the monthly total 119.2mm so far. The normal monthly average for July is 210.6mm, said weather experts.
Monsoon elevates Adam Khan’s tomb into an emergency sanctuary for passersby (and dogs) speared by sudden showers. Perched atop a Mehrauli hillock, the monument overlooks the Qutub Minar, which appears totally bechara and defenceless in the heavy rain.