News Update

IGST Refund for July month - Rs 132 Cr sanctioned in 10 days out of Rs 753 Cr, says CBEC ChairpersonGST - Revenue Secretary favours overhauling of rate structureMumbai Customs clears pendency of over 1 lakh claims and disburses drawback payment of Rs 7500 CrorePM inaugurates RO-RO ferry service between Ghogha & Dahej in GujaratWorld Economic Forum says Indian economy is on ascendancySovereign Gold Bond - Issue price to be Rs 2971/- per gram for subscription period Oct 23-25RBI insists on bank accounts being linked to AadhaarNo proposal to change method of calculating ceiling prices of scheduled drugs: GovtGovt clarifies it fixes prices of only about 17% of total drugs being sold in marketSolicitor General Ranjit Kumar puts in his papersFormer President Pranab Mukherjee loses his 86-yr-old brother; to attend last rites at BolpurChidambaram raps EC for not announcing Gujarat election datesST - Errors in CESTAT order - Perplexing that instead of setting out paragraph from apex court order against assessee, Tribunal order in favour of assessee reproduced - non-application of mind: High CourtSuspension of Reverse Charge - Side EffectAnti-dumping duty on Soda Ash imported from China, Pakistan and Iran to continue till decision of Gujarat HC - Rescinding Notification to remain in suspensionImports and Exports to Democratic People’s Republic of Korea - Paragraph 2.17 of the FTP 2015-2020 updated to account for UNSC ResolutionsI-T - Rent received for permitting 'hoarding' inside vacant premises of a housing society, are equally eligible annual letting value, so as to claim Section 24 deduction: ITATST – Entire exercise is revenue neutral since service tax which was payable was available as a CENVAT Credit to the appellant themselves instantly after making the payment of service tax: CESTATCX - Soap noodles was sold by HLL to companies against form 'C' who manufactured branded soap - Rule 8 of CE Valuation Rules, 2000 can be resorted to only when transaction is not of sale: CESTATTaliban-sponsored suicide bombers kill 40 soldiers in Kandhar provinceGSTN makes available offline utility for GSTR-3BGST - 2.5% CGST rate notified for intra-State supply of food preparations in unit containers meant for free-distribution to weaker sections + notifies documents to be produced for deemed exports benefitsWhite House launches Signature Campaign to mobilise support for Trump-led tax reformGST - Is it going to be costly perestroika for BJP?Younger generations to face more inequality in old age than present retirees: OECDPower Exchange - Only 4% of about 3750 MU per day generation being tradedTIOL wishes All Netizens a very Happy DiwaliFrench Parliament passes controversial anti-terror law empowering authorities to shut places of worship and restrict freedom of movementGST - CBEC clarifies on movement of goods within State and from one to another on approval basis + also notifies officers empowered to accept or reject application for GST PractitionerLinking Aadhaar with UAN - EPFO launches service for speedy servicesPM interacts with 380 Directors & Dy Secretaries in Central Govt; advises them to break silos with innovative ways
 
Cabinet nod for India, Palestine MoU for IT, electronics & health

By TIOL News Service

NEW DELHI, JULY 12, 2017: THE Union Cabinet today has given its ex-post facto approval for signing a Memorandum of Understanding (MoU) between India and Palestine on cooperation in the field of Health and Medicine. The MoU was signed on May 16th, 2017.

Following areas of cooperation are covered by the MoU: -

i) Capacity building of health staff;
ii) Prevention and control of communicable diseases;
iii) Physiotherapy and rehabilitation;
iv) Drugs, pharmaceuticals and Medical Equipments; and
v) Any other area of mutual interest.

A Working Group will be set up to further elaborate the details of cooperation and to oversee the implementation of this MoU.

The Cabinet has also been apprised of the Memorandum of Understanding (MoU) between India and Palestine on Cooperation in the field of Information Technology and Electronics (IT&E). The MoU intends to promote closer co-operation in the areas of e-Governance, m-Governance, e-Public Services Delivery, cyber security, software technology parks, start-ups ecosystem etc.

The MoU shall come into effect from date of signature of the parties and shall remain in force for a period of 5 years. The MoU shall be implemented by establishing a Working Group on IT&E composed of representatives of the two Parties. Bilateral Cooperation in ICT domain both B2B and G2G will be enhanced. It envisages improving B2B collaboration leading to employment opportunities.

The MOU on cooperation in the field of IT&E was initiated during the 1st Session of JCM in November, 2016. After several negotiations draft MoU was finalized and signed during the VVIP visit from Palestine in May 2017.

 


POST YOUR COMMENTS