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Anti-dumping duty on Methylene Chloride extended till Jan, 2021SC tosses out Chanda Kochhar’s petition questioning her removal from ICICI MD’s postGST collection crosses Rs 1 lakh crore in NovemberBoard of Trade meeting to discuss foreign trade policy, Atmanirbhar BharatJob Work - RedefinedST - New pleas can be raised for the first time before the Appellate Authority, if it is established that such grounds are bona fide and were not raised earlier for good reasons: CESTATTerrorism most important challenge faced by the region: India at SCOAdmission of additional evidences by CIT(A) without providing an opportunity of being heard to the AO while finalising the Block Assessment, is invalid: HCWhere a research project relating to scientific development, has received approval as per Rules 18D & 18DA of the I-T Rules, it is not open to the AO to question the approval so granted: HCRe-assessment proceedings are invalid if notice u/s 143(2) is issued beyond the prescribed statutory limit: ITAT30 lakh paddy farmers benefit from Kharif Marketing Season Procurement OperationsExpenditure incurred on replacement of Jigs and fixtures qualifes as revenue expenditure: ITATKVIC Honey Mission helps UP migrant workers earnDighawara-Bandikui railway route electrified between Ajmer and DelhiMilling of paddy - By-products form part of compensation but not consideration - Value of broken rice, bran and husk cannot, therefore, be treated as part of the consideration for levy of GST: HCGST - Orders of public servants, some of whom are quasi judicial authorities, which have far reaching effect on the life, liberty, property and welfare of the public must be based on cogent reasons: HCCAROTAR Rules, 2020 - Is the remedy worse than the disease? (See 'THE INSIGHT' in Taxongo.com)Modi seeks suggestions on regulatory process from teams working on COVID-19 vaccineRole of human scorer is a means to ensure reliability of specialised computer program called Automated Essay Scoring (AES), therefore, involvement of human element is well within realm of 'minimum human intervention' - Type-3 test is also an OIDAR service: AAARStoring finished goods in outside godowns - In current era of liberalisation and simplification of law and procedures, recovery of MOT is no longer warranted - refund ordered with interest: HCIncome tax raids IT SEZ developer; searches 16 premises in Chennai, Mumbai & HyderabadCommon businessman is admittedly having difficulty to understand GST Act and the procedures they have introduced - Interpretation should be done in a way to facilitate business and not in a perverse manner: HCGovt grants Rs 900cr to accelerate COVID-19 vaccine developmentDisallowance of R&D expenses claimed u/s 35(2AB) is untenable, where no reasons are recorded in respect of such claims: HCIncome tax raids IT SEZ developer; seaches 16 premises in Chennai, Mumbai & Hyderabad 
 
G-20 Anti-Corruption Working Group - MoS reiterates India's zero telerance policy

By TIOL News Service

NEW DELHI, OCT 23, 2020: INDIA yesterday reiterated its commitment for eradication of corruption. Speaking at the 1st ever Ministerial Meeting of G-20 Anti-Corruption Working Group, the MoS, Dr Jitendra Singh said that India is committed to the policy of zero tolerance against corruption and unaccounted money. In pursuance of this, he said, a range of initiatives have been taken by the Modi government over the last 6 years.

Dr Jitendra Singh referred to the India's Prevention of Corruption Act, 1988, which the Modi government amended after 30 years in 2018 to introduce a number of new provisions including criminalizing the act of giving bribe also in addition to taking bribe and at the same time putting in place an effective deterrence for such actions by individuals as well as corporate entities.

Dr Jitendra Singh said the present Act brought on the direction of Prime Minister aims at checking corruption in big places and striking hard against corporate bribery. It seeks to establish a vicarious liability so that the actual bribe giver is also exposed.

The commitment of the present government, said Dr Jitendra Singh is to bring in more transparency, more citizen centricity and more accountability in governance and is indicated by its decisive initiatives to operationalize the institution of the Lokpal in the country to check corruption at high places.

Reminding the G20 Meeting Delegation that the world is presently combating serious emerging challenges of Fugitive Economic Offenders and Assets which flee across national jurisdiction. He said, India's Fugitive Economic Offenders Act, 2018 empowers authorities for non-conviction based attachments and confiscation of proceeds of crime and properties as well as assets of a Fugitive Economic Offender.

"We have also ceased the issue of the accused taking shelter in the foreign country and concealing the proceeds of crime", said Dr Jitendra Singh and conveyed India's appreciation that the G20 Anti-Corruption Working Group together with the help of international organizations is taking this fight ahead in the right direction.

Lauding the efforts of G20 Anti-Corruption Working Group to organize the event under the shadow of Corona, Dr. Jitendra Singh said that even the COVID cannot deter our fight and crusade to eradicate corruption.

 


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