Popular Articles

Nothing new in taxing perks: Chawla
The Finance Ministry today said asking the employees to pay taxes on their perquisites is not new because such incentives were under the net even prior to the Fringe Benefit Tax (FBT).

Promoters make hay in bull market
Promoters of around 200 large- and mid-cap companies have sold parts of their holdings to raise a combined Rs 50,000 crore in the second quarter of this financial year (July-September), according to the shareholding pattern filed by these companies with stock exchanges.

News of the day

Steel PSUs' budgetary estimates may be inflated: Panel
A parliamentary panel has rapped the steel ministry for under-utilisation of funds by Public Sector Undertakings (PSUs) like SAIL and RINL, and said the Budgetary Estimates (BE) may be “inflated”.
Public Company

Declaration of assets by judges may serve as legal document

As corruption cases against members of the judiciary make the headlines, a proposed bill on judicial accountability has suggested that the declaration of assets made by judges will be treated as a "legal document" and can be used to investigate complaints against them. - Haryana Finance Corporation told to refund money - Vote them out: Sun Pharma tells Taro shareholders - Mahadayi Tribunal comes as a rude shock for farmers - Advocates call for Dinakaran transfer - M J Antony: Lending public money">M J Antony: Lending public money - RNRL renews attack The declaration of assets and liabilities will form part of the proposed Judges Standards and Accountability Bill. The details in the declaration would be compared with the actual assets of a judge found during investigation of misconduct, sources said. "It will make the process of tracing disproportionate assets easier during investigations," the sources added. Law minister M Veerappa Moily had said the bill would be tabled in the winter session of Parliament which concludes today. "The draft has been revised eight times incorporating various suggestions to ensure that the final draft is comprehensive...It is a lengthy process and the final draft may take some time," sources said. Declaration of assets by members of the higher judiciary was part of the Judges Assets Bill which the Government failed to table in the Rajya Sabha in the last session in August. The Opposition was against clause 6, which said that assets declared by judges cannot be put in public domain. But with Supreme Court judges declaring their assets on the apex court website, the issue is said to be resolved.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):