News Update

World Energy Congress 2024: IREDA CMD highlights need for Innovative Financing SolutionsVoter turnout surpasses 50% by 4 PM in Phase 2 pollsST - Amendment made to FA, 1994 on 14.05.2015 making service tax applicable retrospectively on chit-fund business is only prospective - Refund payable of tax paid between 01.07.2012 to 13.05.2015: HCXI tells Blinken - China, US ought to be partners, not rivalsST - SVLDRS, 2019 - Amnesty Scheme, being of the nature of an exemption from the requirement to pay the actual tax due to the government, have to be considered strictly in favour of the revenue: HCCX - Issue involved is valuation of goods u/r 10A of CE Valuation Rules, 2000 - Appeal lies before Supreme Court: HCCus - Smuggling - A person carrying any article on his belonging would be presumed to be aware of the contents of the articles being carried by him: HCCus - Penalty that could be imposed for smuggling 3.2 kg of gold was Rs.88.40 lakhs, being the value of gold, but what is imposed is Rs.10 lakhs - Penalty not at all disproportionate: HCCus - Keeping in mind the balance of convenience and irreparable injury which may be caused to Revenue, importer to continue indemnity bond of 115 crore and possession of confiscated diamonds to remain with department: HCCus - OIA was passed in October 2022 remanding the matter to adjudicating authority but matter not yet disposed of - Six weeks' time granted to dispose proceedings: HCI-T - High Court need not intervene in matter involving factual issues; petitioner may utilise option of appeal: HCChina asks Blinken to select between cooperation or confrontationI-T - Unexplained cash credit - additions u/s 68 unsustainable where based on conjecture & surmise alone: ITATHonda to set up USD 11 bn EV plant in CanadaImran Khan banned from flaying State InstitutionsI-T - Income from sale of flats cannot be computed in assessee's hands, where legal possession of flats had not been handed over to buyers in that particular AY: ITATPro-Palestine demonstration spreads across US universities; 100 arrestedI-T - Investment activities in venture capital which are not covered in negative list under Schedule III to SEBI Regulations, qualifies for deduction u/s 10(23FB): ITATNATO asks China to stop backing Russia if keen to forge close ties with WestNY top court quashes conviction of Harvey Weinstein in rape case
 
Naidu to visit Germany to promote investments in smart cities

By TIOL News Service

NEW DELHI, MAY 30, 2016: MINISTER of Urban Development M.Venkaiah Naidu, will attend a three day conference on India's Smart City Mission to be held in Berlin, Germany from tomorrow with the objective of furthering cooperation with Germany and promoting investments.

Mr Naidu will hold detailed talks with his German counterpart and senior officials on the roadmap for developing Bhubaneswar in Odisha, Kochi in Kerala and Coimbatore in Tamil Nadu as smart cities with German assistance. These three cities were identified for German collaboration further to Inter-Governmental Consultations between Prime Minister Mr Narendra Modi and German Chancellor Dr Angela Morkel in October, 2015 in New Delhi. Detailed presentation on smart city plans of these 3 cities will be made at the conference.

The Berlin visit of Mr Naidu is aimed at intensifying high-level engagement for identifying new opportunities for German companies in the urban development sector offered by the initiative of development of 100 smart cities.

Dr. Barbara Hendricks, Minister of Environment, Nature Conservation, Buildings and Nuclear Safety will also participate in the conference.

The Smart City Conference in Berlin enables dialogue and exchange of information, sharing of knowledge and ideas in respect of technology, innovation and best practices in the area of smart cities.

As a part of the Smart Cities Conference and Metropolitan Solutions-2016 being held concurrently, exhibitions and 20 theme conferences on the issues of urban energy, urban management, urban mobility and logistics, urban water and waste management and urban buildings and public spaces will be held.

During his three day visit, Mr Naidu will meet Speaker of Germany's Parliament and members of Inter-Parliamentary Group.

Mr Venkaiah Naidu leaves for Berlin tonight. He is accompanied by Dr Samir Sharma, Additional Secretary and Mission Director of Smart City Mission.



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.