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India calls for restoration of Appellate Body at ongoing WTO meetCus - Revenue cannot be permitted to enrich itself at the cost of the petitioner - It is under obligation to grant interest on whole amount and not just on pre-deposit amount: HCDelays in flight arrivals decline at Mumbai AirportSouth Korea hopes to seal revised FTA with India this yearCX - Matter remanded by Tribunal to adjudicating authority to consider Board Circular 97/2007-ST - Appellant does not press the appeal, hence same is disposed of without entering into the merits: HCSunil Mittal conferred honorary Knighthood by King CharlesGST - Input Tax credit allegedly wrongly availed/utilized is totalling Rs.20 lakhs - Superintendent, CGST adjudicating this case is without jurisdiction in terms of Circular 31/2018- GST: HCNCB & Indian Navy seize 3300 kg drugs from down near Gujarat coastGST - Since petitioner has filed reply to SCN, he is relegated to approach respondent authority for redressal of grievance: HCJapan population shrank in 2023; Births at record lowGST - Production of invoice & E-way bill after interception cannot absolve petitioner from liability of penalty - Very purpose of imposition of penalty is to act as deterrent: HCCached Cash and GSTI-T - If motive of assessee was to acquire land to earn profit through activity of development of land through his own partnership firm as builder, he is not eligible for exemption u/s 54F on LTCG: ITATFormer CBDT Chairman Sushil Chandra appointed as Member of LokpalI-T- Deduction in respect of delayed deposit of amount collected towards employees' contribution to PF cannot be claimed evenwhen deposited within due date of filing of return: ITATAuto component industry to target USD 100 bn exports by 2030: GoyalPM to launch of first hydrogen fuel vessel developed indigenously at Cochin ShipyardI-T- In absence of contrary proved by Revenue and following decision of coordinate benches, on identical circumstances, addition made u/s 68 is rightly deleted: ITATComputer & memory sticks containing security plan for Paris Olympic stolen from trainGoyal launches Bharat Startup Ecosystem Registry and website and logo of Startup MahakumbhPFRDA notifies amendments to Retirement Adviser regulationsI-T- Application for registration need reconsideration as its rejection was against Circular no. 6 of 2023 issued by CBDT: ITAT
 
FM chairs Pre-Budget consultation with State FMs

By TIOL News Service

NEW DELHI, NOV 26, 2022: UNION Finance Minister held the pre-budget consultations with the Finance Ministers of States and Union Territories (with Legislature) here yesterday. The meeting was attended by Union Ministers of State (Finance), Chief Ministers, Deputy Chief Ministers, Lt. Governor of Jammu & Kashmir, Finance Ministers, Ministers and Senior Officers from the States/Union Territories and the Union Government.

The Secretary, Department of Economic Affairs, Ministry of Finance, welcomed all the participants to the meeting and informed the importance of this particular consultation for the ensuing Budget.

Most of the participants thanked the Union Finance Minister for financially supporting their States/Union Territories by enhancing borrowing limits, providing two advanced devolution installments and  through Special Assistance for capital expenditure. The participants also gave numerous suggestions to the Union Finance Minister for inclusion in the Budget Speech.  Union Finance Minister thanked the participants for their inputs and suggestions towards Budget 2023-24 and assured  to examine each of the proposals.


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