News Update

Jio turns world’s top telco in terms of data trafficIndia takes part in 'Institutionalization of SMART Government for Improving Service Delivery' in LondonGadkari faints during campaign; Heat takes toll on his health'Sunflowers were the first ones to know' - film by FTII student selected at CannesSARFAESI Act - Award of interest on auction money at rate applicable to fixed deposits is not a correct view and rate of interest deserves to be enhanced: SC (See 'TIOLCorplaws')ST - Chit Funds - Tax was not paid under mistake of law but upon demand by tax authorities - Refund not having been filed within time was rightly rejected: HCSC asks EC to submit more info on reliability of EVMsGST - Without considering reply on merits, proper officer has held that reply is unsatisfactory and, therefore, he is left with no alternative but to create demand - Order set aside: HCGST - Cancellation of registration retrospectively - Show Cause Notice and the impugned order are bereft of any details, accordingly the same cannot be sustained: HCGST - Registration could not have been cancelled retrospectively for the period for which returns were filed and taxpayer was compliant: HCGST - Notfn 11/2017-CTR amended by 03/2022 - Work contracts executed before 18 July 2022 - Petitioners should file refund claims before respondent agitating grievance and same be examined and orders passed within 4 months: HCItaly imposes USD 10 mn fine on Amazon for unfair business practicesGST - Entire tax liability has been realised by appropriating the amount from the petitioner's bank account, therefore, Revenue interest stands fully secured - Since tax proposal was confirmed without participation of petitioner, order set aside and matter remanded: HCCaste Census is my mission, says RahulRight to Sleep - A Legal lullabyUS warns Pak of punitive sanctions against trade deal with IranI-T- Income surrendered before approaching Settlement Commission not covered u/s 115BBE, where this provision did not exist during relevant AYs: HCChinese companies decry anti-subsidy probe by EUI-T- Entire interest expenditure is allowable as deduction if loan funds is not diverted for non-income earning activities/personal purposes : ITATUK to send military aid package worth USD 619 mn to UkraineUS regulator bans non-compete agreements by employeesAir India, Nippon Airways join hands for travel between India and JapanSC grills Baba Ramdev & Balkrishna in misleading ad case
 
e-Marketplace for public procurement hurting vested interests; Congress supporting them: Sitharaman

By TIOL News Service

NEW DELHI, APR 24, 2017: UNION Minister for Commerce and Industry Nirmala Sitharaman sustained the topicality of Government e-Marketplace (GeM) as yet the most transparent, accountable and efficient public procurement portal and which has saved crores of rupees for the Government. In a press conference held today, the Minister strongly rebutted charges levelled against GeM by the Congress Party.

The Congress Party spokesperson, Mr Randeep Surjewala, had levelled charges of irregularities against the GeM, based on alleged letters written by a Union Minister and few BJP MPs to the Union Commerce & Industry Minister.

Mr Ajay NiMrad, MP(LS) has already denied in writing for having written the said letter to the Commerce & Industry Minister and has instead complimented her for setting up a transparent portal for public procurement. As per the official Press Release, it may be noted that the letters of Mr. NiMrad and Mr AMrok M Nete (MP)(LS) are exactly similar. Moreover, the letters written by 6 MPs (LS), Mr Hari, Mr Dwivedi, Mr Arjun Lal Meena, Mr Alok Sanjar, Mr RajeMr Verma, Mr RadheMryam Biswas and Mr KauMral KiMrore, have all put in a similar request of extension of Software, Storage, Networking, Security items on DGS&D Rate Contract. Mr Faggan Singh Kulaste, MoS Health and Family welfare, in his letter to Commerce and Industry Minister has in fact, forwarded the representation of a company which lost out a big order due to timely intervention by GeM.

From the aforementioned facts, it is clear that vested interests are at work behind the smear campaign against GeM. This, in all likelihood, may be attributed to certain interested parties who have been badly hit owing to discontinuation of RC and development of a transparent platform. It is unfortunate that the Congress Party should be supporting an opaque system and oppose transparency in public procurement and good governance, besides allowing its spokesperson to level unfounded allegations against GeM, she added.


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.