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Govt scraps ban on export of onionFormer Delhi Congress chief Arvinder Singh Lovely joins BJP with three moreUS Nurse convicted of killing 17 patients - 700 yrs of jail-term awardedGST - Payment of pre-deposit through Form GST DRC-03 instead of the prescribed Form APL-01 - Petitioner attributes it to technical glitches - Respondent is the proper authority to decide the question of fact: HC2nd Session of India-Nigeria Joint Trade Committee held in AbujaGST - Since SCN is bereft of any details and suffers from infirmities that go to the root of the cause, SCN is quashed and set aside: HC1717 candidates to contest elections in phase 4 of Lok Sabha ElectionsGST - Once Appellate Authority comes to the conclusion that SCN was issued by an officer who was not competent; reply was also considered by an incompetent authority and the Competent Authority had not applied its independent mind, Appellate Authority could not have assumed original jurisdiction and proceeded further with the matter: HC7th India-Indonesia Joint Defence Cooperation Committee meeting held in New DelhiGST - Neither the Show Cause Notice nor the order spell out the reasons for retrospective cancellation of registration, therefore, the same cannot be sustained: HCMining sector registers record production in FY 2023-24GST - If the proper officer was of the view that the reply is unclear and unsatisfactory, he could have sought further details by providing such opportunity - Having failed to do so, order cannot be sustained - Matter remanded: HCAnother quake of 6.0 magnitude rocks Philippines; No damage reported so farI-T - Initial burden of proof rested on assessee to substantiate his claim of having incurred expenditure on improvement of property: ITATTrade ban: Israel hits back against Turkey with counter-measuresI-T - Agricultural income can be treated by ITO as undisclosed income in absence of any substantial / corroborative material to prove same: ITATCanada arrests three persons in alleged killing of Sikh separatistI-T - Income from sale of property has to be classified & characterised only in manner of computation as per section 45(2): ITATCus - When there is nothing on record to show that appellant had connived with other three persons to import AA batteries under the guise of declaring goods as Calcium Carbonate, penalty imposed on appellant are set aside: HCCongress fields Rahul Gandhi from Rae Bareli and Kishori Lal Sharma from AmethiGST -Since both the SCNs and orders pertain to same tax period raising identical demand by two different officers of same jurisdiction, proceedings on SCNs are clubbed and shall be re-adjudicated by one proper officer: HCFormer Jharkhand HC Chief Justice, Justice Sanjaya Kumar Mishra appointed as President of GST TribunalSale of building constructed on leasehold land - GST implicationI-T - Interest received u/s 28 of Land Acquisition Act 1894 awarded by Court is capital receipt being integral part of enhanced compensation and is exempt u/s 10(37): ITATGirl students advised by Pak college to keep away from political events
 
Young CEOs Event - PM for less-cash society; says GeM has logged transactions worth Rs 1000 Cr

By TIOL News Service

NEW DELHI, AUG 23, 2017: WHILE interacting with Young CEOs at the 'Champions of Change - Transforming India through G2B Partnership' yesterday, the Prime Minister, Mr Narendra Modi, said that the Government e-Marketplace (GeM) which shows how small traders are competing successfully in provision of supplies to the Government, has recorded transactions worth Rs 1000 Crore and more than 28000 suplliers have participated on this platform.

The Prime Minister said people's participation is an important element of governance. Similarly, he said, this attempt at CEOs partnership with Government is aimed at enhancing their participation towards welfare of the people, and the nation. 

He said that today, development too, must become a mass movement. He said that a spirit should be created, whereby we all set targets for our contribution to India, by 2022. You are my team, and we need to work together to take India forward, the Prime Minister told the CEOs. 

Giving the example of value addition in agriculture, the Prime Minister said a multi-pronged approach is essential for achieving desired objectives such as doubling of agriculture incomes. Emphasizing the importance of food processing, the Prime Minister said lack of infrastructure is leading to huge losses in the agriculture sector. 

He said the Union Government has taken a number of decisions that have brought about fundamental transformation. He gave the illustration of decisions taken for urea availability and production - such as gas price pooling; remuneration for excess production etc. This led to additional production of 20 lakh tonnes of urea. He said Neem-coating of urea ended its large scale diversion. 

He said that the Government wants to move towards making India a less-cash society. He asked CEOs to partner with Government to build momentum in this regard. 

Similarly, he said that on occasions such as festivals, Khadi could be promoted through gifting etc - and this would greatly help the poor. He said an atmosphere must be created to take the poor along in every sphere of life. 

Six groups of young CEOs made presentations before the PM on themes such as Make in India; Doubling Farmers' Income; World Class Infrastructure; Cities of Tomorrow; Reforming the Financial Sector; and New India by 2022. 

Appreciating the new ideas and innovations envisaged in the presentations made by the CEOs, the Prime Minister thanked them for the valuable inputs and time devoted to ideation for the benefit of the country. 

He said the key decision making team of the Government has listened carefully to the presentations, and will surely benefit in their policy-making, from the 360 degree view of issues that have been presented. 


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