Page-2 of Vijay Mallya Current Affairs, GK & News

Ethics Committee in Parliament

Each of the two Houses of Parliament has an ethics committee. They deal with the members’ conduct. These panels were recently looking into complaints against Amethi MP Rahul Gandhi and Rajya Sabha MP Vijay Mallya. Role of Ethics Committees Besides overseeing the moral and ethical conduct of members, ethics committee also prepares a Code of ..

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CBDT forms Working Group to assess tax risks of High Net Worth Individuals migrating abroad

The Central Board of Direct Taxes (CBDT) has constituted 5-member working group (committee) to examine taxation aspects related to High Net Worth Individuals (HNWIs) who are migrating abroad to other jurisdictions. The Working Group will be headed by Pragya Sahay Saksena, a joint secretary with Foreign Tax & Tax Research Division of CBDT. Key Facts ..

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Cabinet approves Fugitive Economic Offenders Bill, 2018

The Union Cabinet has approved introduction of Fugitive Economic Offenders Bill, 2018 in Parliament. The bill proposed by Finance Ministry aims to curb practice of evading criminal prosecution by economic offenders (wilful defaulters) who flee from country to evade clutches Indian law by remaining outside jurisdiction of Indian courts. Features of Bill It defines fugitive ..

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India sgns pacts with UK on illegal migrants’ return

India and the United Kingdom (UK) have recently signed two agreements on return of Indians, who are living in Britain as illegal migrants and sharing criminal records and intelligence. The development comes close on heels of India seeking UK’s help in early extradition of liquor tycoon Vijay Mallya from Britain to face the law at ..

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Law Ministry approves Fugitive Economic Offenders Bill, 2017

The Union Law ministry has approved Fugitive Economic Offenders Bill, 2017 to empower government to confiscate property of economic offenders and defaulters who flee India. The Bill seeks to deter economic offenders from evading the process of Indian law by fleeing the country. It was drafted in pursuance of Finance Minister Arun Jaitley’s 2017-18 Budget ..

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