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Below is an extract of significant tax proposals by Bihar, Chhattisgarh, Delhi, Goa, Himachal Pradesh, Jammu and Kashmir, Maharashtra, Meghalaya, Rajasthan and Uttarakhand States in their State Budget announced in March, 2011:
The CBI today informed the Supreme Court that telecom companies – Swan Telecom and Loop Telecom – were used as front companies by established telecom players to get 2G spectrum illegally during the tenure of former Telecom Minister A Raja. The agency, which filed a status report in a sealed envelope before a bench of Justices G S Singhvi and A K Ganguly, said Raja will face charges of “cheating, forgery, and corruption”.
With the telecom sector becoming a potential security threat due to use of imported equipment, the government has proposed that service providers employ only Indian nationals in sensitive positions like Chief Technical Officer and Chief Information Security Officer.
The Telecom Ministry will take a final decision on 2G spectrum pricing and on those holding airwaves beyond contracted limit of 6.2 Mhz, based on recommendations of TRAI, within next three months before seeking Telecom Commission’s approval. “Decision on 2G spectrum pricing is expected in next 3 months. DoT internal committee is finalising it. After we get it we will send the same to Telecom Commission,” Department of Telecommunications (DoT) Secretary R Chandrasekhar told reporters here.
The Supreme Court today allowed a two-day extension to the CBI to file on April 2 its charge sheet against former Telecom Minister A Raja and others in the 2G spectrum allocation case even as the agency said it was readying an 80,000-page document for submission.
After a long wait by the industry, the government is likely to sanction tomorrow additional Rs 7,000 crore for interest subsidy to the textile units for modernisation. The proposal is expected to come up before the Cabinet Committee on Economic Affairs, sources said.
Parliament’s Public Accounts Committee has summoned corporate lobbyist Niira Radia and Tata Group Chairperson Ratan Tata on April 4 to discuss their role in the 2-G Spectrum allocation case. Sources said the PAC will meet on April 4 and 5 to discuss the 2-G spectrum allocation case which had led to the resignation of Telecom Minister A Raja. He was later arrested and is still in custody.
In a bid to help pro-democracy campaigners, the US government is developing a mobile phone with a ‘panic button’ that can wipe out its address book and send emergency alerts. The new technology also includes a special application that can be activated if the smart phone is confiscated by security authorities. The US wants to equip the activists with the new tools to fight back the repressive governments and is targeting countries ranging from the Middle East to China, the Daily Mail reported.
The British government on Wednesday said that first-time house buyers in the United Kingdom will be offered interest free loans to help them get a foot on the housing ladder. Up to 10,000 people will receive loans of up to 20 per cent of the value of new properties, Chancellor George Osborne said, while presenting the Budget for 2011-2012 in the House of Commons.
Orissa will hereafter be called ‘Odisha’ and the Oriya language will be known as ‘Odia’ with Parliament giving approval to amendment of the Constitution and also passing the related bill. The Rajya Sabha passed the Orissa (the Alteration of Name) Bill and adopted the Constitution (113th) Amendment Bill after a brief debate with members from all parties hailing the move as “historic” for people of the state.
