The recently filed Finance Bill intends to amend the Customs Act by introducing a new section that would publish “any information relating to the value, classification or quantity of goods exported from or imported into India, or the exporter or importer”.
In this case, our lead editor pointed out that if the intent is to protect transaction-level information, that should be specified. Instead, the amendment’s wording is unusually broad, leaving plenty of room for malicious interpretations by investigating agencies.
The post-budget rise in Indian bond yields is more due to pipeline challenges than lack of savings, Neelkanth Mishra wrote.
CKG Nair and MS Sahoo believe that an empowered and well-funded solutions agency is urgently needed to strengthen the financial sector.
Complete News Source : Business Standard
