Demonetisation: Can the Supreme Court intervene?

It has always been accepted in various apex court rulings that economic policy is not justiciable. It can intervene only if the legislation is seen to violate fundamental rights says Sukumar......

Missing IAF AN 32 flight was not fitted with underwater locator

The missing AN 32 aircraft, which had flown multiple times over the Bay of Bengal carrying military personnel and equipment, did not have an underwater locator system, making it difficult for......

Probe team to visit YSR chopper crash site

A four member team of the Directorate General of Civil Aviation, led by R K Tyagi, will visit the site in dense Nallamalla forest on Thursday where the Bell-430 helicopter, carrying Andhra Pradesh......

Has the black box survived?

Bad weather, low visibility compounded by hilly terrain poses one of the greatest risks to flying. Pilots have to constantly veer past bad weather patches and often have to deviate from a......

Give input some credit, please

Millions of "input" tax credits are taken every day by manufactures and traders under the Cenvat Credit Rules for the purpose of paying and adjusting duty.Now, the very concept of input is in......

Taxpayers' right to be taxed the least

There are so many exemptions that one sometimes finds overlapping exemptions and two exemptions for the same item with slightly different nomenclature and conditions, says Sukumar Mukhopadhyay. The......

Proposed Customs law changes important

The Finance Bill proposes some changes in the Customs laws, two of which are noteworthy. One relates to refund of duty on imported goods found to be defective and the other relates to retrospective......

Exim matters: Transaction value is supreme

One of the bold proposals in the Finance Bill, 2007, is amendments in the law relating to valuation of imported and export goods. Apparently, the intention is to make the Indian Customs valuation......

Punjab in command

Punjab were in a commanding position against Maharashtra on the opening day of the Ranji Trophy Elte Group B match in Mohali on Saturday.After bowling out the visitors for a meagre 123 in 41.3......