News Update

IndiGo orders 30 Airbus A350s for long haulsFiling of Form 10A & 10AB: CBDT extends due date to June 30RBI to issue fresh guidelines for banks to freeze suspected bank accounts being used for cyber crimesCPGRAMS recognized as best practice in Commonwealth Secretaries of public serviceIsrael-Iran War: A close shave for Global Economy but for how long?KABIL, CSIR ink MoU for Advancing Geophysical InvestigationsI-T - If income from stock-in-trade are held as investments, then provisions of section 14A would apply to such income: ITATTRAI recommends on Infra Sharing, Spectrum Sharing & Spectrum LeasingI-T- Revisionary powers u/s 263 can't be exercised when AO has neither assumed facts incorrectly nor there is incorrect application of law : ITATTechnology Board okays funding of Dhruva Space's Solar Array ProjectI-T- Issue of interest is debatable issue on which two views are possible and AO accepted one of views for which PCIT cannot assume revisional jurisdiction: ITATHealth Secy visits Bilthoven Biologicals, discusses production of Polio VaccineI-T - Estimation of profit element from purchases should be done reasonably if assessee could not conclusively prove that purchases made are from parties as claimed, in absence of confirmations from them: ITATStudy finds Coca-Cola accounts for 11% of branded plastic pollution worldwideI-T- Triplex flats purchased are interconnected and can be considered as 'a residential unit'' as per definition of section 54F of Act : ITATDelhi HC says conspiracy against PM is a crime against StateI-T- AO omitted to probe issue of cash payments made over specified limit; revisionary power u/s 263 is rightly exercised: ITATBrazil makes new rules to streamline consumption taxesI-T-Power of revision unnecessarily exercised where AO had no scope to examine creditworthiness & genuineness of assessee's creditors: ITATBiden signs rules mandating airlines to give automatic refunds for delayed or cancelled flightsI-T-As per settled law, in absence of enabling powers, no disallowance can be made : ITATBYD trying to redefine luxury for new EV variantsGST - On the one hand, the order states registration is liable to be cancelled retrospectively and on the other hand mentions that there are no dues - Order modified: HCSC asks EC to submit more info on reliability of EVMsRight to Sleep - A Legal lullaby
 
Commerce, urban affairs ministries to focus on on logistics planning in 50 cities

By TIOL News Service

NEW DELHI, JAN 21, 2021: THE Ministry of Commerce and Industry will work with the Ministry of Housing and Urban Affairs to focus on 50 cities for logistics planning, which will ultimately enhance their ease of doing business, an official statement on Wednesday said.

The Department of Commerce organised the National Conference with States on Logistics on Tuesday, with the objective of initiating a consultative and collaborative framework for the Central and State Governments to work in a coordinated manner in the logistic sector.

The ministry said the conference was attended by more than 175 participants from across India, the Central ministries and industry bodies.

"The conference emphasized that States have a key role to play in improving the country's logistics performance," it said.

A comprehensive 18-point agenda was presented to the States identifying the thrust areas for logistics improvements as city logistics, simplification of approvals for warehouses, facilitation for warehousing development, reducing burden on truck movement and addressing shortage of truck drivers.

The ministries of commerce and urban affairs were asked to work together on developing a plan to reduce the enforcement burden on truckers.

States appointed senior officials as nodal officers and agreed to establish State-level coordination committees on logistics. Central ministries looking after transportation were also asked to appoint state nodal officers for coordination.

"The Logistics Division of the Ministry of Commerce and Industry will embark on things on survey to assess and rank States on logistics performance. The State ranking will focus on data in addition to perspective on logistics performance," said the ministry, adding "Support will be provided to the States to improve the capacity for logistics coordination."

In his address Commerce and Industry Minister Mr Shri Piyush Goyal said that the National Logistic Policy, which is under consultation, will work as a template for better coordination and integrated development in logistics sector.

He said that the logistic team in the ministry is trying to integrate various means of transport, documentation and stakeholders through technology platforms, into a much-simplified way of working, which will enhance the ease of doing business.


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.