Financial Transparency Coalition

RANCHI: Shortly after assuming the charge as Jharkhand governor, Kateekal Shankaranarayanan issued a veiled threat to corrupt and lethargic bureaucrats of the state.

New Delhi (PTI) India is negotiating with Switzerland and other countries to revise the secrecy clause in bilateral treaties like double taxation avoidance agreements to get information on matters like black money.

Finance Minister Pranab Mukherjee on Tuesday said that New Delhi has initiated a dialogue with Swiss authorities to obtain information on Indian black money stashed away in banks there — an issue that had raised much political heat during the elections with BJP leader L K Advani making it a major poll plank.

Kolkata: Although the government failed to lay down a concrete roadmap on ways to reduce the huge fiscal deficit in the Union Budget 2009-10, the changes made in the tax structure, both direct and indirect taxes, were a welcome measure and could have a positive impact on the economy, felt industry experts.