News Update

PLI scheme for electronics manufacturing sees incremental investment of Rs 8,390 CrG20 finance leaders agree to tax super-rich but forum not yet readyDPIIT promotes green logistics industry balancing economic growth and environmentIndia, US ink pact to stymie illegal trafficking of cultural propertyRailways expands tracks by 31,180 kmFroth in Yamuna river: Delhi complains to Centre against UP and HaryanaGovt to enhance reach of Indian Digital Public InfrastructureFormer BJP Minister says BJP has totally failed as Opposition in KarnatakaGovt provides incentives to small tea growersEU penalises 5 countries for infringing budget rulesI-T-Transaction involving transfer of unutilised shares cannot be deemed to be sale of shares so as to attract levy of Long Term Capital Gain u/s 112: ITATChina says Relations with Japan at critical stageST - Once the activity of appellant that is of forfeituring the amount of earnest money is not a declared service, question of retaining said money as consideration for rendering such service becomes absolutely redundant: CESTATEU medicines regulator disapproves Alzheimer’s new drugSC says no restrictions on voluntary name banners along Kanwar route eateriesFM favours debt reduction but sans affecting economic growthKargil Victory Day: PM warns Pak against practising terrorismChina pumps in subsidies worth USD 41 bn into car sectorMisc - Payments made to Government cannot be deemed to be a tax merely because statute provides for their recovery as arrears: SC CBMisc - Royalty not a tax; royalty is contractual consideration paid by mining lessee to lessor for enjoyment of mineral rights & liability to pay royalty arises out of contractual conditions of mining lease: SC CBMisc - Since power to tax mineral rights is provided for in Entry 50 of List II, Parliament cannot use its residuary powers in this subject matter: SC CBCus - Owner of goods has a liability to pay customs duty even after confiscated goods are redeemed on payment of fine - Interest follows: SC
 
Raipur hosts two-day G20 Framework Working Group

By TIOL News Service

NEW DELHI, SEP 18, 2023: THE fourth and final meeting of the G20 Framework Working Group (FWG) under the Indian G20 Presidency is set to take place in Raipur, Chhattisgarh, from September 18-19, 2023. The meeting will be chaired by Ms Chandni Raina, Adviser, Ministry of Finance, Government of India, and Ms. Sam Beckett, Chief Economic Adviser, HM Treasury, UK . More than 65 delegates from G20 members and invitee countries, and various international and regional organisations will participate in the meeting.

The FWG facilitates discussions on the latest global economic outlook and policy guidance on key macroeconomic issues. The deliverables from this working group under the 2023 Indian Presidency have been successfully concluded and are referred to in the New Delhi Leaders Declaration: G20 Report on Macroeconomic Impacts of Food and Energy Insecurity and G20 Report on Macroeconomic Risks Stemming from Climate Change and Transition Pathways. The upcoming meeting will take stock of the discussions in the FWG in 2023 and explore future areas of work.

On the sidelines of the meeting, t he Reserve Bank of India will host a series of Jan Bhagidari events, including panel discussions on digital banking and financial inclusion, financial literacy programmes, a G20 awareness programme, a painting contest and a slogan-writing contest.

Additionally, visits are scheduled to Nandanvan Zoological Garden which will feature a Jungle Safari, a Zoological Park, and a dedicated Rescue and Rehabilitation Centre. The delegates will also be hosted for ‘Ratri Bhoj Par Samvad' (Conversation over Dinner) and a cultural event which will enable the delegates to enjoy the unique cuisine and cultural richness of Chhattisgarh.


POST YOUR COMMENTS
   

TIOL Tube Latest

Dr. Shailendra Kumar, Chairman, TIOL Knowledge Foundation, addressing the gathering



Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.