News Update

Cabinet greenlight for 3 more semiconductor units; construction to begin in 100 daysSC Constitution Bench reverses own decision on automatic expiry of HC stay orders after 6 monthsCabinet okays plan to set up rooftop solar units for one crore householdsGDP likely to grow by 8.4% in Q4: GovtCabinet okays proposal to set up International Big Cat AllianceCore sector rises by 3.6% in Jan monthNational One Health Mission - Cabinet okays creation of Director-level post at National Institute of One Health, NagpurService Matter - Claim for compassionate appointment not to be considered as regular mode of appointment; is intended to address penurious situation in immediate aftermath of breadwinner passing away: SCDespite several wins NDA short of 3 seats of majority in Rajya SabhaCus - Liability incurred by noticee company which merged with petitioner company cannot stand extinguished on account of its merger: HCSEBI urges Mutual Fund operators to protect small, midcap investors amid surge in inflowCus - Merger or amalgamation of companies is not a tool under law to either facilitate avoidance and evasion of tax liability already incurred by a transferor company - SCN proceeding cannot be scuttled: HCCustoms Department recovers 206-year old smuggled telescope used by British East India Company, hands over to ASIST - Classification of services - Only remedy available is to file an appeal before the Supreme Court u/s 35L of the CEA, 1944 - Petition is dismissed as withdrawn: HCSC scotches plea to reopen Thoothukudi Sterlite copper plantGST - Cancellation of registration - Order records that petitioner did not reply to SCN or appear in person, however, counsel for revenue submits otherwise - Matter remanded - In the meantime, petitioner will not enjoy benefits of registration: HCSandeskhali row - TMC leader Shahjahan nabbed; sent to 10-day police custodyGST - Section 107 operates as a complete code in itself, explicitly delineating limitation periods for filing appeals and implicitly excluding the application of general limitation provisions: HCFrench Senate votes to make abortion a Constitutional rightGST - Cancellation of registration - Cryptic notices and orders - Respondent authorities will not be able to exercise revisional powers, hence orders set aside and matter remanded: HCDomicile of Origin vs Domicile of Choice: No visits to temple may prove fatal! (See TII 'Edit')Trump's return to Oval Office! China sweating like just out of heated hammam!India on Pakistan at UN: ‘Can’t pay heed to a country soaked in Red’I-T - Share premium received by issuance of shares is on capital account and gives rise to no income: HCFrench Senate okays move to make abortion a constitutional rightGovt notifies certain provisions of SEZ Act & Rules to apply to notifications issued under IFSCA Act, 2019‘Mob Rule’ replacing democracy in UK: Sunak warns copsSolar-powered US Moon Lander to be ‘put to sleep’ for 3 weeks and to be switched on after lunar nightsAnti-dumping duty on Acetone: Notification amended to change name of M/s INEOS Phenol Singapore Pte
 
5Gs - Growth, good governance, grit, genuine trust and green technologies taking India forward: Goyal

By TIOL News Service

NEW DELHI, DEC 01, 2023: POWER of 30 is driving India today - the dream of adding 30 trillion US dollars to our economy in under 30 years with the efforts of an under 30 population. This was stated by Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal whileaddressing the Bahrain Chapter of The Institute of Chartered Accountants of India today. He added that India is a global bright spot for investors, where our market capitalization has just touched 4 trillion dollars 2 days back.

Goyal pointed out that today India engages with the world with confidence and with an unparalleled, indomitable spirit of confidence, not arrogance. He said that India is an economy where the port capacity has been doubled in 10 years, where the airport's functional commercial airports have doubled from 74 to 150 over the last nine years, and expected to further grow to 225 in the next five years, where 140 new inland waterways have been started to supplement the big network of railways and highways of modern high quality. He remarked that the beautiful infrastructure that we see in other parts of the world is now being created in India.

He also urged the audience to come and spend some time in Delhi and see the new parliament house or visit Bharat Mandapam where international exhibitions of high quality are being organized. He asked them to witness a prosperous, vibrant economy, a system that is taking care of the people of India and giving them a good future, a quality of life with ease of living opportunities. He saidIndia today is at the forefront of 5Gthrust - growth, good governance, grit, genuine trust and green technologies that reflects sustainability.

Goyal said that Chartered Accountants are the largest organised professional body of Indians in Bahrain, with over 450 plus members. He said that they are playing an important role in the growth story of Bahrain, with their unwavering commitment to high integrity, high morals and hard work.He added that Chartered Accountants are India's Ambassadorsacross the world and in Bahrain. He thanked them for the wonderful work that they are doing and for thier contribution with ideas and said that as our ambassadors to Bahrain, they make India proud with their commitment, dedication, integrity, hard work and passion. He also complimented them for organizing the discussion on leadership, sustainability, geopolitics, human potential, Healthy Living - things which are contemporary and things which are necessary.


POST YOUR COMMENTS
   

TIOL Tube Latest

Shri Shailendra Kumar, Trustee, TIOL Trust, giving welcome speech at TIOL Awards 2023




Shri M C Joshi, Former Chairman, CBDT




Address by Shri Buggana Rajendranath, Hon'ble Finance Minister of Andhra Pradesh at TIOL Awards 2023