Posts tagged ‘Government of India’

07/04/2015

Cairn India takes authorities to court over $3.3 billion tax demand | Reuters

Cairn India Ltd(CAIL.NS), India’s largest private-sector oil producer, said on Monday it had moved the Delhi High Court against a $3.3 billion tax demand from Indian authorities related to its listing in 2007.

Cairn India employees work at a storage facility for crude oil at Mangala oil field at Barmer in Rajasthan August 29, 2009. REUTERS/Parth Sanyal/Files

The company, a unit of London-listed Vedanta Resources Plc (VED.L), said it had filed a writ petition seeking “quashing/setting aside” of the order passed by the tax authorities.

Cairn India received last month the demand of about 204 billion rupees from Indian tax authorities for an alleged failure to deduct withholding tax on capital gains made by its former parent, Cairn Energy Plc (CNE.L), during a reorganisation ahead of its market listing. Vedanta said last month it would file a notice of claim against the Indian government under the UK-India bilateral investment treaty.

Cairn Energy, which received a tax demand of more than $1.6 billion related to the same case, has also filed a notice of dispute under the bilateral investment treaty.

Cairn India shares had gained 0.3 percent in morning trade on Tuesday in a broader market that was up about 0.2 percent.

via Cairn India takes authorities to court over $3.3 billion tax demand | Reuters.

29/01/2015

India’s Vodafone decision eases tax worries for Shell, others | Reuters

This action demonstrates the new pro-business attitude of Modi’s government.

“India’s decision to drop a tax dispute with Vodafone Group Plc(VOD.L) is likely to mean relief for Royal Dutch Shell PLC(RDSa.L) and others caught in similar, protracted battles, as the government tries to attract much-needed foreign investment.

A Shell logo is seen at a petrol station in London January 31, 2013. REUTERS/Luke MacGregor/Files

India’s image as an investment destination has been tarnished by a reputation for red tape, unpredictable rules and a tax office long seen as over zealous in its pursuit of foreign firms. Prime Minister Narendra Modi‘s government, seeking to reboot a slowing economy, has sought to change that.

Late on Wednesday, the government said it would not appeal a Bombay High Court ruling in favour of Vodafone, the biggest foreign investor in India.

“It’s a departure from the past when all the high-value tax cases were always litigated,” said Himanshu Shekar Sinha, a partner at law firm Trilegal.

“With this, the government has sent a clear direction that appeals should not be filed routinely.”

Tax lawyers said they expected cases such as those involving IBM (IBM.N), Nokia Oyj (NOK1V.HE), Microsoft Corp (MSFT.O) and others could now be resolved instead through negotiation.”

via India’s Vodafone decision eases tax worries for Shell, others | Reuters.

28/01/2015

Bill and Melinda Gates Receive Indian Civilian Award – India Real Time – WSJ

Bill and Melinda Gates received one of India’s highest civilian awards for their work to promote global health and development. The Gates are among four foreigners and 16 Indians to receive the Padma Bhushan award “for distinguished service of high order,” according to a statement from India’s Ministry of Home Affairs.

“We are honored to receive the Padma Bhushan award for social work alongside so many distinguished awardees,” said Mr. and Mrs. Gates in a statement Wednesday

Their foundation, the Bill & Melinda Gates Foundation, started work in India in 2003 to prevent HIV/AIDS. It has since expanded its work to areas including vaccines, maternal and child health, sanitation and agricultural development and has an office in New Delhi. The foundation has an asset trust endowment of $42 billion.

“Our work is guided by the belief that all lives have equal value. We are excited to see the extraordinary progress that India is making in improving the lives of its people,” said the Gates’ statement. “We applaud the government of India’s commitment and look forward to continuing to partner with them to build an equitable system where women and children survive, thrive and reach their full potential.”

The Padma Bhushan is conferred on Jan. 26, Republic Day, each year by the president of India  for service in fields including  art, social work, public affairs, science and engineering, trade and industry, medicine, literature and education, sports and civil service.

Other winners this year include political commentator Swapan Dasgupta, Supreme Court lawyer Harish Salve and filmmaker Jahnu Barua from the northeastern state of Assam.

The Padma Vibhushan, a higher award conferred on the same day, was awarded to nine people including Bollywood superstar Amitabh Bachchan and BJP co-founder L. K. Advani.

via Bill and Melinda Gates Receive Indian Civilian Award – India Real Time – WSJ.

25/11/2014

India to Double Renewables in Energy Mix, Minister Says – Businessweek

India plans to more than double the share of renewables in the mix of fuels it consumes, an effort to reduce the dominance of coal.

Renewables such as solar and wind may account for 15 percent of India’s energy supply in the next five years, up from 6 percent currently, said Piyush Goyal, a government minister in charge of power, said at a conference in New Delhi.

“While coal will continue to dominate our energy mix for sometime, we are taking steps to protect the environment,” Goyal said today. “Neither India nor the world has the luxury of time when it comes to protection of the environment.”

Prime Minister Narendra Modi wants to speed up clean energy deployment in India as it tries to attract more than $100 billion of investment for the industry in the next four years. At present, coal generates 60 percent electricity in a nation that suffers from chronic blackouts.

The minister reiterated his previously stated view that renewables can’t count on government subsidies for too long. He said the industry should focus on convincing banks to make funding for projects as easily available as loans for cars.

Modi’s administration reintroduced a tax break for the wind industry earlier this year. Goyal said he hopes those will help turbine installers add 8 gigawatts of capacity every year, a level that would make India one of the biggest wind markets in the world.

India plans to require power purchasers and generators to include renewable energy in their suppliers and will penalize those that don’t, he said.

India will host a renewables conference from Feb. 15 to Feb. 17 to encourage growth in the industry.

via India to Double Renewables in Energy Mix, Minister Says – Businessweek.

20/06/2014

Ensure English is Used on Social Media, Jayalalithaa Writes to PM Modi: Full Text of Letter – NDTV

Tamil Nadu Chief Minister J Jayalalithaa has written to Prime Minister Narendra Modi to ensure the urgent amendment of an instruction that asks government departments to use Hindi for tweets and other social media posts.

Ensure English is Used on Social Media, Jayalalithaa Writes to PM Modi: Full Text of Letter

Following is the full text of her letter:

It has come to my notice that the Ministry of Home Affairs has issued two Office Memoranda, the first by the Official Language Department of the Ministry of Home Affairs (O.M.No.12019/03/2014-OL, dated 10.3.2014) and the second by the Co-ordination Division of the Ministry of Home Affairs (O.M.No.11020/01/2013-Hindi, dated 27.5.2014). These Office Memoranda direct that official accounts on social media like Facebook, Twitter, blogs, Google and You Tube which at present use only English should compulsorily use Hindi, or both Hindi and English,  with Hindi being written above or first. This makes the use of Hindi mandatory and English optional.

As you are aware, as per the Official Languages Rules, 1976, communications from a Central Government office to a State or Union Territory in Region “C” or to any office (not being a Central Government office) or person in such State shall be in English. This provision has been introduced following the introduction of a mandatory proviso to Section 3(1) of the Official Languages Act, 1963, by an amendment in 1968 which states as follows:-

“Provided that the English language shall be used for purposes of communication between the Union and a State which has not adopted Hindi as its official language”.

In this context, while the Office Memoranda have been primarily made applicable to Government of India officers and offices located in “Region A”, social media by their very nature are not only accessible to all persons on the internet but meant to be a means of communication to persons living in all parts of India including those in “Region C”.  People located in “Region C” with whom the Government of India communication needs to be in English, will not have access to such public information if it is not in English. This move would therefore be against the letter and spirit of the Official Languages Act, 1963.  As you are aware, this is a highly sensitive issue and causes disquiet to the people of Tamil Nadu who are very proud of and passionate about their linguistic heritage.

Hence, I request you to kindly ensure that instructions are suitably modified to ensure that English is used on social media.

via Ensure English is Used on Social Media, Jayalalithaa Writes to PM Modi: Full Text of Letter – NDTV.

08/06/2014

Chinese foreign minister Wang Yi holds talks with Sushma Swaraj – The Times of India

In the first high-level interaction with the new dispensation here, Chinese foreign minister Wang Yi on Sunday held talks with his Indian counterpart Sushma Swaraj and discussed ways to strengthen cooperation in key areas including trade and investment.

Wang, who is special envoy of Chinese President Xi Jinping, arrived in the wee hours to establish political contacts with the new Indian government amid hopes of an upswing in bilateral ties due to Prime Minister Narendra Modi‘s familiarity with China.

Both Wang and Swaraj were assisted by their delegations which comprised of senior officials from the foreign ministry.

via Chinese foreign minister Wang Yi holds talks with Sushma Swaraj – The Times of India.

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12/02/2014

India Among the Worst for Press Freedom – India Real Time – WSJ

The world’s largest democracy remains one of the most restrictive places for the press.

In a report published Wednesday, Reporters Without Borders, a Paris-based think tank, ranked India 140th out of 180 countries surveyed for the free speech it affords the media. This was a one-point jump from the country’s 2013 ranking, when it recorded its steepest fall on the annual-list since 2002.

On Monday, acting on an agreement chalked out by a Delhi court, one of India’s largest publishing houses withdrew a 2009 book that reinterprets Hinduism, the latest instance of a book being removed from circulation in the country.

The authors of Wednesday’s report singled out the insurgency in the disputed territory of Kashmir, where channels of communications, including telephone lines, satellite televisions and the Internet, are routinely suspended in response to unrest, as well as the killings of eight journalists in 2013, for India’s lowly press freedom ranking.  The killings included those of Jitendra Singh, a freelancer in the eastern state of Jharkhand, who documented Maoist activists in the state, and that of Rakesh Sharma, a Hindi newspaper reporter who was shot dead in Uttar Pradesh, India’s most populous state, in August.

The People’s Liberation Front of India, a naxalite group, claimed responsibility for Mr. Singh’s death in April. A probe into the shooting of Mr. Sharma is ongoing.

“Those responsible for threats and physical violence against journalists, who are often abandoned by the judicial system and forced to censor themselves, include police and security forces as well as criminal groups, demonstrators and political party supporters,” the think tank said in the report.

The Indian government has also been under fire in recent years for its clampdown on social media.

India’s Supreme Court for instance is currently hearing a defamation suit against tech giants Google and Facebook, a case that’s been pending before courts since 2011. And in 2012, the government sought to block Twitter accounts of some prominent journalists and news organizations, arguing the content was stoking communal tensions. The same year, a Mumbai court charged cartoonist Aseem Trivedi, who likened the national Parliament to a toilet on his website, with sedition, a charge that was later dropped. These, among other reasons, led to India slipping nine places to 140th in Reporters Without Borders’s 2013 press ranking, which surveyed 179 countries.

via India Among the Worst for Press Freedom – India Real Time – WSJ.

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05/02/2014

Britain says it had role in 1984 India temple raid – Businessweek

Britain has acknowledged advising the Indian government ahead of its 1984 raid on the Golden Temple in Amritsar, an admission that links the U.K. — India\’s former colonial master — with one of the bloodiest episodes in the subcontinent\’s recent history.

Hamandir Sahib or Darbar Sahib (also known as ...

Hamandir Sahib or Darbar Sahib (also known as the Golden Temple). The holiest shrine in Sikhism located in the city of Amritsar, India. (Photo credit: Wikipedia)

Foreign Secretary William Hague told Parliament on Tuesday that British military advice was \”purely advisory\” and had only a \”limited impact\” on the operation.

\”A single U.K. military officer provided some advice. But critically, this advice was not followed, and it was a one-off,\” Prime Minister David Cameron said in a video message to the Sikh community in Britain.

Still, the acknowledgement of any link to the deadly attack that killed hundreds if not thousands at Sikhs\’ holy temple will be disturbing to many.

The storming of the Golden Temple in Amritsar was one of the most contentious episodes in the Indian government\’s battle against Sikh separatists, whose violent campaign for an independent homeland in the Punjab region smoldered into the 1970s and 80s.

\”It is awkward,\” said Sumit Ganguly, an Indiana University professor and the co-author of a book on Amritsar. \”The evidence that the British government might have provided some assistance in terms of the planning of this event is once again going to stoke old memories, memories that had long been buried.\”

via Britain says it had role in 1984 India temple raid – Businessweek.

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01/02/2014

UPDATE 5-U.S. FAA downgrades India aviation rating; Air India, Jet hit | Reuters

U.S. authorities have downgraded India\’s aviation safety rating, citing a lack of safety oversight, meaning the country\’s carriers cannot increase flights to the world\’s biggest aviation market and face extra checks for existing ones.

Seal of the United States Federal Aviation Adm...

India said it expected to resolve by March all concerns raised by the U.S. Federal Aviation Administration, including appointing an adequate number of flight operation inspectors, and would ask the U.S. regulator to review its decision.

\”The FAA has determined that India at this time is not in compliance with the international standards for aviation safety oversight,\” the U.S. regulator said in extracts from a communication released by the Indian government on Friday.

via UPDATE 5-U.S. FAA downgrades India aviation rating; Air India, Jet hit | Reuters.

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16/01/2014

India Is Polio-Free for 3rd Year, but It Can’t Afford to Be Complacent | TIME.com

Good news does not always flow freely in India. Too many children still go hungry. Violence against women endures. Inflation is soaring, and gay sex was just criminalized, again.

india_polio_ap0112

But today India got a boost: Jan. 13 marks the country’s third year of being free of polio, the highly infectious disease that attacks the nervous system of children in particular and can paralyze within hours. The last child to be crippled by polio in India was a 2-year-old girl in West Bengal, whose case was confirmed on Jan. 13, 2011. The fact that none have been found since is a stunning turnaround from 2009, when India hosted nearly half the world’s cases. That polio has been wiped from this vast, crowded country is arguably one of the greatest achievements in modern public health — and a stirring reminder that sheer determination can, in fact, change lives.

People used to say that ridding India of polio simply couldn’t be done. The virus has used the subcontinent as an incubator for centuries, and some experts argued that the slow process of vaccinating every child could never outpace the rapid transmission of the disease. Happily, they were wrong. Teaming up with groups like Rotary International, the Bill & Melinda Gates Foundation and the World Health Organization (WHO), the Indian government launched yearly national vaccination drives carried out by millions of volunteers and, eventually, backed up by sophisticated disease-surveillance and population-monitoring systems. In 2002, there were 1,600 polio cases in India. By 2009, there were 741. Today, there are none.

via India Is Polio-Free for 3rd Year, but It Can’t Afford to Be Complacent | TIME.com.

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