Monday, February 4, 2013

Justice fast-tracked, death for rapist-killer in 9 days


President Pranab Mukherjee giving his nod to the Ordinance on sexual assault, and the new law coming into effect immediately is the lead story in most papers of the day.

"Justice fast-tracked, death for rapist-killer in 9 days", under that headline Hindustan Times reports of a Bihar court taking just nine days to send a man to the gallows for raping and murdering his four-year old niece.

"Defence clears new corps on China Border", is the headline of an Indian Express report which says that after much back and forth, the Defence Ministry has cleared the setting up of a Mountain Strike Corps along the China border, signalling its intent to press ahead with plans to strengthen offensive military capabilities.

"Indian Paisa League roars back" opines Mail Today, and writes that strategic buying at IPL auction gets players up to 30 times their base price.

"Taxmen widen black cash trail", says Mail Today. The paper writes that all contracts of a value exceeding 1,00,000 rupees for sale or purchase of securities, and payments of 50,000 rupees or more for a mutual fund, share or bond transaction are being seen as potential areas to park black money.

And finally, "FM to sweeten home loans with tax break", writes Hindustan Times. The paper says that the Government is considering hiking the tax deduction limit on home loan interest from the present 1.5 lakh rupees to more than 2 lakh rupees per annum.

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