News Update

World Energy Congress 2024: IREDA CMD highlights need for Innovative Financing SolutionsVoter turnout surpasses 50% by 4 PM in Phase 2 pollsST - Amendment made to FA, 1994 on 14.05.2015 making service tax applicable retrospectively on chit-fund business is only prospective - Refund payable of tax paid between 01.07.2012 to 13.05.2015: HCXI tells Blinken - China, US ought to be partners, not rivalsST - SVLDRS, 2019 - Amnesty Scheme, being of the nature of an exemption from the requirement to pay the actual tax due to the government, have to be considered strictly in favour of the revenue: HCCX - Issue involved is valuation of goods u/r 10A of CE Valuation Rules, 2000 - Appeal lies before Supreme Court: HCCus - Smuggling - A person carrying any article on his belonging would be presumed to be aware of the contents of the articles being carried by him: HCCus - Penalty that could be imposed for smuggling 3.2 kg of gold was Rs.88.40 lakhs, being the value of gold, but what is imposed is Rs.10 lakhs - Penalty not at all disproportionate: HCCus - Keeping in mind the balance of convenience and irreparable injury which may be caused to Revenue, importer to continue indemnity bond of 115 crore and possession of confiscated diamonds to remain with department: HCCus - OIA was passed in October 2022 remanding the matter to adjudicating authority but matter not yet disposed of - Six weeks' time granted to dispose proceedings: HCI-T - High Court need not intervene in matter involving factual issues; petitioner may utilise option of appeal: HCChina asks Blinken to select between cooperation or confrontationI-T - Unexplained cash credit - additions u/s 68 unsustainable where based on conjecture & surmise alone: ITATHonda to set up USD 11 bn EV plant in CanadaImran Khan banned from flaying State InstitutionsI-T - Income from sale of flats cannot be computed in assessee's hands, where legal possession of flats had not been handed over to buyers in that particular AY: ITATPro-Palestine demonstration spreads across US universities; 100 arrestedI-T - Investment activities in venture capital which are not covered in negative list under Schedule III to SEBI Regulations, qualifies for deduction u/s 10(23FB): ITATNATO asks China to stop backing Russia if keen to forge close ties with WestNY top court quashes conviction of Harvey Weinstein in rape case
 
Dr Harsh Vardhan launches 'Wood is Good' Campaign

By TIOL News Service

NEW DELHI, SEPT 12, 2017: EMPHASISING the need to create an enabling environment through small steps such as planting more trees, Union Minister of Environment, Forest and Climate Change, Dr. Harsh Vardhan has said that new and innovative ways must be thought of, to bring more areas under forest and tree cover. Inaugurating a two-day conference on “Sustainable landscapes and forest ecosystems: Theory to Practice” here today, the Environment Minister urged the gathering to deliberate and come out with out-of-the-box ideas and solutions on increasing the forest cover much beyond the stipulated 33 per cent. “Innovation is the need of the hour. Innovation co-efficient now is more important than any other co-efficient”, Dr. Harsh Vardhan said.

Reiterating the Government's commitment to increase the country's forest cover from 24% to 33% of the geographical area and creating an additional carbon sink of 2.5 to 3 billion tons of CO2 equivalent in forests, as reflected in Nationally Determined Contribution, Dr. Harsh Vardhan said that the target is proposed to be achieved through a number of planned afforestation drives and initiatives. The Minister advocated the balancing of environmental and developmental concerns and also urged the gathering of scientists and foresters to devise a solution to the problem of weeds.

Referring to the forests being an integral part of Indian culture and tradition, the Environment Minister said that India has managed to successfully conserve and enhance its forest resources. He reminded the gathering that our ancestors had given us clean air and clean water and we must make efforts to preserve them for the future generations.

Dr. Harsh Vardhan launched the “Wood is Good” campaign on the occasion. Wood is a climate-friendly material, as it is a renewable resource, having zero carbon footprint.

The Partnership for Land Use Science (Forest-Plus) is a joint programme by the United States Agency for International Development (USAID) and Ministry of Environment, Forest and Climate Change (MoEF&CC) to strengthen capacity for REDD (Reducing Emissions from Deforestation and Forest Degradation) implementation in India. The programme brings together experts from India and the United States to develop technologies, tools and methods of forest management to meet the technical challenges of managing forests for the health of ecosystem, carbon stocks, biodiversity and livelihood. Some of the objectives of the conference include – exploring issues and opportunities for ecosystem approach to land management in India; discussing how the approaches and tools developed under the Forest-PLUS programme can be used to improve forest management in India and to document and disseminate that learning with a wider group.


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.