COMPTROLLER and Auditor General of INDIA: 90% of I-T arrears owed by just 12 people
The Comptroller and Auditor General has said that 90% of the country's income tax (I-T) arrears are owed by just a dozen individuals, led by Pune-based stud farm owner Hasan Ali Khan.
Government auditor CAG also noted in a report that these demands are 'unrealisable 100 per cent'.
Khan, with a tax arrear demand of Rs 50,345.73 crore is followed by Chandrika Tapuriah, wife of his associate Kashi Nath Tapuria, with an outstanding of Rs 20,540.83 crore, while late stock broker Harshad Mehta owes Rs 15,944.38 crore in arrears.
"The demand against individuals is highly skewed, with 12 individuals (4.3 per cent of the total cases) accounting for 90 per cent of the arrear demand. One individual Hasan Ali Khan accounts for 43 per cent of the total arrear demand... interestingly all of this demand is categorised as unrealisable," CAG said in the report tabled in Parliament. The government, in August this year, had also disclosed the names of the "top 10 individual defaulters" for Income Tax assessment year 2009-10.
Apart from Hasan Ali and Harshad Mehta, they included Kashinath Tapuriah (Rs 602.80cr), A D Narrotam (Rs 5,781.86cr), Hiten P Dalal (Rs 4,200.04cr), Jyoti H Mehta (Rs 1,739.57cr), Ashwin S Mehta (Rs 1,595.51cr), B C Dalal (1,535.89cr), S Ramaswamy (Rs 1,122.48cr) and Uday M Acharya (Rs 683.22 cr).
CAG slams PM-led body for failing in its objective :
NEW DELHI: In its latest report on water pollution in rivers and lakes, the Comptroller and Auditor General has blamed the National River Conservation Authority, headed by the prime minister, for failing to effectively monitor projects.
The CAG report, tabled in Parliament on Friday, said the NRCA failed to hold any review meeting in the last eight years though it was suppose to conduct a six-monthly review of projects. Chief ministers are members of the high-level committee. However, the last meeting of NRCA was held on June 16, 2003, CAG said.
The report blamed the government for lack of financial planning and its failure to evaluate whether the money was effectively used. "Out of Rs 3,042 crore released to 20 states, 87% or Rs 2,660 crore was allocated to eight states - Andhra Pradesh, Delhi, Haryana, Maharashtra, Punjab, Tamil Nadu, UP and West Bengal," the report said.
The CAG was also critical of the Planning Commission and the environment and forests ministry in its findings. "Monitoring committee headed by member, environment and Planning Commission was to conduct quarterly review of progress of scientific and technical aspects of the programme as well as the impact of works on the river water quality. However, we observed that the last meeting of the committee was held in April 2002," the report said.
Even the standing committee headed by the Union environment minister was to review performance of projects on a quarterly basis. The fourth and last meeting of the committee was held in March 2003, the report said.
Of the 20 states in which rivers have been included under central projects, eight states - Bihar, Goa, Maharashtra, Odisha, Rajasthan, Sikkim, TN and Uttarakhand -- planned to address complete reduction of pollution, the report said.
The CAG found that only Bihar, Goa, Odisha and Punjab had conducted surveys to quantify pollution caused by sewage in the towns and cities situated on banks of rivers flowing through the state.
Review of performance of sewage treatment plants in selected cities revealed that the national Capital treated only 62% of sewage generated. The corresponding figure in Bangalore was 10%, Patna 29%, Kanpur 38% and Hyderabad 43%. In the case of Ahmedabad, it was observed that the city had enough capacity to treat the entire sewage being generated.
The Comptroller and Auditor General has said that 90% of the country's income tax (I-T) arrears are owed by just a dozen individuals, led by Pune-based stud farm owner Hasan Ali Khan.
Government auditor CAG also noted in a report that these demands are 'unrealisable 100 per cent'.
Khan, with a tax arrear demand of Rs 50,345.73 crore is followed by Chandrika Tapuriah, wife of his associate Kashi Nath Tapuria, with an outstanding of Rs 20,540.83 crore, while late stock broker Harshad Mehta owes Rs 15,944.38 crore in arrears.
"The demand against individuals is highly skewed, with 12 individuals (4.3 per cent of the total cases) accounting for 90 per cent of the arrear demand. One individual Hasan Ali Khan accounts for 43 per cent of the total arrear demand... interestingly all of this demand is categorised as unrealisable," CAG said in the report tabled in Parliament. The government, in August this year, had also disclosed the names of the "top 10 individual defaulters" for Income Tax assessment year 2009-10.
Apart from Hasan Ali and Harshad Mehta, they included Kashinath Tapuriah (Rs 602.80cr), A D Narrotam (Rs 5,781.86cr), Hiten P Dalal (Rs 4,200.04cr), Jyoti H Mehta (Rs 1,739.57cr), Ashwin S Mehta (Rs 1,595.51cr), B C Dalal (1,535.89cr), S Ramaswamy (Rs 1,122.48cr) and Uday M Acharya (Rs 683.22 cr).
CAG slams PM-led body for failing in its objective :
NEW DELHI: In its latest report on water pollution in rivers and lakes, the Comptroller and Auditor General has blamed the National River Conservation Authority, headed by the prime minister, for failing to effectively monitor projects.
The CAG report, tabled in Parliament on Friday, said the NRCA failed to hold any review meeting in the last eight years though it was suppose to conduct a six-monthly review of projects. Chief ministers are members of the high-level committee. However, the last meeting of NRCA was held on June 16, 2003, CAG said.
The report blamed the government for lack of financial planning and its failure to evaluate whether the money was effectively used. "Out of Rs 3,042 crore released to 20 states, 87% or Rs 2,660 crore was allocated to eight states - Andhra Pradesh, Delhi, Haryana, Maharashtra, Punjab, Tamil Nadu, UP and West Bengal," the report said.
The CAG was also critical of the Planning Commission and the environment and forests ministry in its findings. "Monitoring committee headed by member, environment and Planning Commission was to conduct quarterly review of progress of scientific and technical aspects of the programme as well as the impact of works on the river water quality. However, we observed that the last meeting of the committee was held in April 2002," the report said.
Even the standing committee headed by the Union environment minister was to review performance of projects on a quarterly basis. The fourth and last meeting of the committee was held in March 2003, the report said.
Of the 20 states in which rivers have been included under central projects, eight states - Bihar, Goa, Maharashtra, Odisha, Rajasthan, Sikkim, TN and Uttarakhand -- planned to address complete reduction of pollution, the report said.
The CAG found that only Bihar, Goa, Odisha and Punjab had conducted surveys to quantify pollution caused by sewage in the towns and cities situated on banks of rivers flowing through the state.
Review of performance of sewage treatment plants in selected cities revealed that the national Capital treated only 62% of sewage generated. The corresponding figure in Bangalore was 10%, Patna 29%, Kanpur 38% and Hyderabad 43%. In the case of Ahmedabad, it was observed that the city had enough capacity to treat the entire sewage being generated.
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