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PM-STIAC discusses accelerating Industry-Academia Partnership for Research and InnovationIndia, Singapore hold dialogue over cyber policy44 bids received under 10th Round of Commercial Coal Mine AuctionsCops arrest former Dy PM of Nepal in cooperative fraud casePuri highlights India's Petrochemical potential at India Chem 2024UN reports record high cocaine production in ColombiaMinister unveils 'Aviation Park' showcasing India's Aviation HeritageED finds PFI wanted to start Islamic movement in IndiaBlocking Credit - Rule 86ASEBI says investors can use 3-in-1 accounts to apply online for securitiesI-T- Penalty u/s 271(1)(b) need not be imposed when assessee moved an adjournment application & later complied with notice u/s 142(1): ITAT4 Kanwariyas killed as vehicle runs over them in Banka, BiharI-T- Accounting principles do not prescribe maintaining of a day-to-day stock register, and the books of accounts cannot be rejected on this basis alone: ITATUN food looted and diverted to army in EthiopiaCus - Alleged breach of conditions for operating public bonded warehouse; CESTAT rightly rejected allegations, having found no evidence of any such breach: HCUS budget deficit surges beyond USD 1.8 trillionST - Onus for proving admissibility of Cenvat Credit rests with service provider under Rule 9(6) of the Cenvat Credit Rules, 2004: CESTATIf China goes into Taiwan, Trump promises to impose additional tariffsRussians love Indian films; Putin lauds BollywoodCus - Classification of goods is to be determined in accordance with Customs Tariff Act & General Interpretative Rules; Country-of-Origin Certificate may offer some guidance, but cannot solely dictate classification: CESTATCus - Benefit of such Country-of-Origin certificates cannot be denied if all relevant conditions are met under the applicable Customs Tariff rules: CESTATCuban power grid collapses; Country plunges into darknessCus - As per trite law, merely claiming a classification or exemption does not constitute mis-declaration or suppression - any misclassification does not equate to willful intent to evade duty: CESTATKarnataka mulling over 2% fee on aggregator platforms to bankroll gig worker welfare fundCus - Extended limitation cannot be invoked in case of assessee who is a regular importer with a consistent classification approach: CESTAT
 
FM taking off today for Japan on 6-Day Official Visit; Mission is to coax Investors for Investment in India

By TIOL News Service

NEW DELHI, MAY 28, 2016: THE Union Finance Minister, Mr Arun Jaitley, is leaving today on 6-day official visit to Japan from 29th May to 4th June, 2016. On arrival in Tokyo, he will have meetings with CEOs of Japanese Companies (Soft Bank/JBIC).

Tomorrow, Mr Jaitley will attend the 22nd International Conference on The Future of Asia organized by Nikkei Inc. In the afternoon the Finance Minister will have Bilateral Meetings with the Prime Minister of Japan Mr. Shinzo Abe, METI Minister (Economy, Trade & Industry) and Health Minister.

On 31st May, 2016, the Union Finance Minister will have meeting with Chairman, Suzuki Motor Corporation Mr. Osamu Suzuki in the morning. Thereafter, he will participate in 22nd International Conference on “The Future of Asia” organized by Nikkei Inc. In the afternoon he will deliver Keynote Address at the Roundtable on National Investment & Infrastructure Fund (NIIF). In the evening Mr Jaitley will have meetings with President, GPIF (Government Pension Investment Fund) Mr. Norihiro Takahashi and President and CEO, JOIN (Japan Overseas Infrastructure Investment Cooperation for Transport and Urban Development) Mr. Takuma Hatano.

In the morning on 1st June 2016, the Finance Minister have meeting with CEOs organized by JIBCC (Japan-India Business Cooperation Committee). He will also hold meetings with President, JICA (Japan International Cooperation Agency) Mr. Shinichi Kitaoka and Chairman, Hitachi, Mr. Hiroaki Nakanishi (Chair, Committee on South Asia, Keidanren). In the afternoon, Mr Jaitley will attend IIES Symposium on Indian Economy and deliver Keynote Speech there and afterwards he will leave for Osaka. On arrival at Osaka the Finance Minister will meet Indian organizations at India Club.

On 2nd June, 2016, he will deliver a Lecture on India: Political, Social and Economic Change (TBC) at Osaka University. In the evening the Finance Minister will participate and address the Make In India- Investment Promotion Seminar. Thereafter he will meet select Japanese CEOs and CII delegation.

On 3rd June, 2016 Mr Jaitley will leave for Kyoto in the morning. He will reach Tokyo in the evening from Kyoto where he will hold various meetings like meetings with President, ICIJ (The Indian Commerce & Industry Association Japan), Sr. MD, SMBC (Sumitomo Mitsui Banking Corporation), CEO, Eastspring Investments etc.

The Finance Minister will leave for back home on 4th June, 2016 and will arrive in national capital in the evening.


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