News Update

Apple China tosses out WhatsApp & Threads from App store after being orderedChina announces launch of new military cyber corpsRailways operates record number of additional Trains in Summer Season 2024GST - Assessing officer took into account the evidence placed on record and drew conclusions - Bench is, therefore, of the view that petitioner should present a statutory appeal: HC1st phase polling - Close to 60% voter turnout recordedGST - Tax liability was imposed because petitioner replied without annexing documents - It is just and appropriate that an opportunity be provided to contest tax demand on merits, albeit by putting petitioner on terms: HCMinistry of Law to organise Conference on Criminal Justice System tomorrowGST - To effectively contest the demand and provide an opportunity to petitioner to place all relevant documents, matter remanded but by protecting revenue interest: HCGovt appoints New Directors for 6 IITsGST - Petitioner has failed to avail opportunities granted repeatedly - Court cannot entertain request for remand as there has been no procedural impropriety and infraction of any provision by assessing authority: HCNexus between Election Manifesto and Budget 2024 in July!GST - Classification - Matter which had stood examined by Principal Commissioner is being treated differently by Additional Commissioner - Prima facie , approach appears to be perverse: HCI-T- Denial of deduction u/s 80IC can create perception of genuine hardship, where claimant paid tax in excess of what was due; order denying deduction merits re-consideration: HCIsrael launches missile attack on IranEC holds Video-Conference with over 250 Observers of Phase 2 pollsGermany disfavours Brazil’s proposal to tax super-richI-T- If material found during search are not incriminating in nature AO can not made any addition u/s 153A in respect of unabated assessment: ITATGovt appoints Dinesh Tripathi as New Navy ChiefAFMS, IIT Kanpur to develop tech to address health problems of soldiersFBI sirens against Chinese hackers eyeing US infrastructureKenya’s top military commanders perish in copter crashCBIC notifies Customs exchange rates w.e.f. April 19, 2024Meta shares ‘Most Intelligent’ AI assistant built on Llama modelDengue cases soaring in US - Close to ‘Emergency situation’: UN Agency
 
Goyal launches Bharat Startup Ecosystem Registry and website and logo of Startup Mahakumbh

By TIOL News Service

NEW DELHI, FEB 28, 2024: UNION Minister of Commerce and Industry, Consumer Affairs, Food & Public Distribution and Textiles, Piyush Goyal, said that Startup Mahakumbh is reflective of the India growth story. While delivering the keynote address at the curtain raiser of 'Startup Mahakumbh' organised by Department for Promotion of Industry and Internal Trade (DPIIT) in New Delhi today, the Minister said that the startup sector has proved its capability to innovate with ideas across various sectors like mobility, food, textiles, etc.

Goyal stressed that 'Bharat Innovates' theme of Startup Mahakumbh showcases the intricate link between innovation and startups. He lauded the event in bringing together 57 diverse startup footprints across the country on a single platform. Goyal also launched Bharat Startup Ecosystem Registry and the website and logo of Startup Mahakumbh at the event.

Goyal while quoting Prime Minister Narendra Modi said that Indian startups are changing the rules of the game and therefore the startup sector is the backbone of the nation. He encouraged the well-known and developing startups across the country to participate in the Startup Mahakumbh. He said that it marks the beginning of an annual event that provides a platform to showcase the success stories and revolution of the startups ecosystem since its inception in 2016. The Minister urged DPIIT to continue efforts to promote startups present in various districts in the country through financial and logistical support and see that at least one startup from each district gets represented at the Startup Mahakumbh.  

The Minister expressed hope that the Startup Mahakumbh will involve students and the youth across the country with a bent of entrepreneurship, innovation and a spirit of inquiry. He said that integration of the aspirational India with the startup sector will propel India's economy in this Amrit Kaal to become a Viksit Bharat by 2047. He said that the 'can do' spirit of the youth will be reflected at the event and help them to take the story of India to the rest of the world.

Goyal said that the MICE (meetings, incentives, conferences and exhibitions) infrastructure at Bharat Mandapam has changed the way India thinks of organising mega events. The Minister said that large facilities like Bharat Mandapam makes convergence of all elements of an industry and showcase the India story as one possible.


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.