Ga onbeperkt met Magzter GOLD

Ga onbeperkt met Magzter GOLD

Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts

$149.99
 
$74.99/Jaar

Poging GOUD - Vrij

India’s sunshine law: Clouded by the data privacy bill

Mint Mumbai

|

October 22, 2025

In March 2003, the Supreme Court passed a historic verdict that filled a legislative gap.

- AJIT RANADE

It made the disclosure of wealth details and criminal records of election candidates mandatory, via self-sworn affidavits. It based its verdict on the right of voters to know, so that they could make informed decisions. These affidavits would have self-declared information that was far more reliable than the grapevine and press reportage; unless reported by a candidate, any data dissemination could potentially attract defamation charges. Politicians eventually welcomed the change after a few grumbles that the judiciary had invaded the legislative turf. One senior politician and minister, who was known to be wealthy and had a clean image, protested that the revelation of his wealth would expose him to extortion. But that was a mild protest. Everyone agreed that such disclosures were in the public interest and that, on balance, this outweighed the privacy protection concerns of individual candidates. Politicians are in public life, and their privacy claims do not have priority over public accountability. After all, transparency and accountability are the very foundation of good governance and robust democracy. So, although the right to vote is not a fundamental right, the right to know about candidates has acquired constitutional status.

The Right to Information (RTI), a landmark law that codified a constitutional right, was born two years later in October 2005. As we observe its 20th anniversary this month, there is alarm that its potency has gotten significantly diluted in practice.

MEER VERHALEN VAN Mint Mumbai

Mint Mumbai

Mint Mumbai

Murky underworld where Louvre thieves take stolen jewels

After a group of thieves brazenly broke into Paris’s Louvre Museum and snatched eight pieces of jewelry that form part of France’s crown jewels, the chase is on to find them before they filter into the black market.

time to read

4 mins

October 22, 2025

Mint Mumbai

Mint Mumbai

US deal may cut tariff to 15%, trim Russian crude

Higher imports of US corn, ethanol likely; deal may be announced at Asean summit

time to read

4 mins

October 22, 2025

Mint Mumbai

Small stores on slow track in passing on GST rate cut

It has been nearly a month since the government's latest Goods and Services Tax (GST) rate cuts came into effect, but chances are some packaged goods may still be sold at old prices in small retail stores.

time to read

2 mins

October 22, 2025

Mint Mumbai

Mint Mumbai

DECODING THE BUYBACK PUZZLE: WHY EVEN A PREMIUM PRICE CAN HURT RETURNS

Till 30 September 2024, acompany buying back shares paid 10% tax while shareholders were exempt. From | October 2024, tax laws were amended, making any amount received bya shareholder forselling shares back to the company taxable as dividend income. The cost of bought-back shares is allowed asa capital loss.

time to read

3 mins

October 22, 2025

Mint Mumbai

Oil imports in Oct rise as GST cuts boost demand

India’ crude oil imports are likely to increase in October compared to the past few months, as refineries return to operating at higher capacity after scheduled maintenance and the recent goods and services tax (GST) cuts boost economic activity and consumer demand, said experts.

time to read

1 min

October 22, 2025

Mint Mumbai

Mint Mumbai

Despite abstemious Gen Zs, the booze industry is going strong

The Lucky Saintin central London looks like any other pub. Big wooden barrels double as tables. Bartenders pull pints, But thisisn’t a regular watering-hole.

time to read

3 mins

October 22, 2025

Mint Mumbai

GIFT City funds want tax removed

The regulator of GIFT City, short for Gujarat International Finance Tec City, has relayed a key demand from fund companies operating there to the Union finance ministry that tax collected at source, or TCS, be exempted on investments made by Indians in the international financial services centre (IFSC).

time to read

2 mins

October 22, 2025

Mint Mumbai

Mint Mumbai

HOW ALTMAN TIED TECH'S BIGGEST PLAYERS TO OΡΕΝΑΙ

Dealmaking blitz has convinced Silicon Valley’s giants to tether fates to his firm, essentially making it too big to fail

time to read

9 mins

October 22, 2025

Mint Mumbai

Mint Mumbai

Power, realty are bright spots amid capex gloom

While corporate India remains flush with capital, new investments are not keeping pace.

time to read

3 mins

October 22, 2025

Mint Mumbai

UltraTech fires up expansion, north peers left in the cold

Pan-India focused UltraTech Cement announced the fourth phase of its capacity expansion alongside its September quarter (Q2FY26) results last week.

time to read

1 mins

October 22, 2025

Listen

Translate

Share

-
+

Change font size