News Update

Sale of building constructed on leasehold land - GST implicationI-T - If assessee is not charging VAT paid on purchase of goods & services to its P&L account i.e., not claiming it as expenditure, there is no requirement to treat refund of such VAT as income: ITATBengal Governor restricts entry of State FM and local police into Raj BhawanI-T - Interest received u/s 28 of Land Acquisition Act 1894 awarded by Court is capital receipt being integral part of enhanced compensation and is exempt u/s 10(37): ITATCops flatten camps of protesting students at Columbia UnivI-T - No additions are permitted on account of bogus purchases, if evidence submitted on purchase going into export and further details provided of sellers remaining uncontroverted: ITATTurkey stops all trades with Israel over GazaI-T- Provisions of Section 56(2)(vii)(a) cannot be invoked, where a necessary condition of the money received without consideration by assessee, has not been fulfilled: ITATGirl students advised by Pak college to keep away from political eventsI-T- As per settled position in law, cooperative housing society can claim deduction u/s 80P, if interest is earned on deposit of own funds in nationalised banks: ITATApple reports lower revenue despite good start of the yearI-T- Since difference in valuation is minor, considering specific exclusion provision benefit is granted to assessee : ITATHome-grown tech of thermal camera transferred to IndustryI-T - Presumption u/s 292C would apply only to person proceeded u/s 153A and not for assessee u/s 153C: ITATECI asks parties to cease registering voters for beneficiary-oriented schemes under guise of surveysST - Since Department itself admits that service carried out by appellant is that of 'Mining Services' w.e.f. 01.06.2007, thus demand for earlier period has been made only to fasten excess Service Tax demand on appellant which cannot sustain: CESTATICG rescues fisherman with head injury onboard IFB St. Francis off the Gujarat coastCX - When physical stock verification carried out by Officers was not fool proof and there were anomalies, benefit of doubt should be extended to assessee, duty demand confirmed on alleged clandestine removal is not sustainable: CESTAT
 
El Niño threatens 60 mm people in high-risk developing countries: WHO

By TIOL News Service

NEW YORK, JAN 26, 2016: El Niño threatens at least 60 million people in high-risk developing countries – the World Health Organization (WHO) and its partners announced yesterday. They predicted a major global increase in health consequences of emergencies this year due to El Niño.

El Niño is a warming of the central to eastern tropical Pacific Ocean which affects rainfall patterns and temperatures in many parts of the world but most intensely in the tropical regions of Africa, Asia-Pacific, and Latin America which are particularly vulnerable to natural hazards. Typically, some places receive much more rain than normal while others receive much less.

“From Ethiopia to Haiti to Papua New Guinea, we are seeing the damage from El Niño, and we believe the impact on public health is likely to continue throughout 2016, even after El Niño winds down,” said Dr Richard Brennan, Director of WHO's Emergency Risk Management & Humanitarian Response Department, in a press release .

“To prevent unnecessary deaths and illnesses, governments must invest now in strengthening their preparedness and response efforts,” he highlighted.

According to a new report by WHO, severe drought, flooding, heavy rains and temperature rises are all known effects of El Niño that can lead to food insecurity and malnutrition, disease outbreaks, acute water shortages, and disruption of health services.

The health implications are usually more intense in developing countries with fewer capacities to reduce the health consequences. The current El Niño from 2015 to 2016 is predicted to be the worst in recent years, and comparable to the El Niño in 1997-1998 which had major health consequences worldwide.

In Eastern Africa, as a result of the El Niño in 1997-1998, WHO found that rainfall patterns were unusually heavy and led to serious flooding and major outbreaks of malaria, cholera and Rift Valley Fever.


POST YOUR COMMENTS
   

TIOL Tube Latest

Shri N K Singh, recipient of TIOL FISCAL HERITAGE AWARD 2023, delivering his acceptance speech at Fiscal Awards event held on April 6, 2024 at Taj Mahal Hotel, New Delhi.


Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.