Architects must blend traditional wisdom & modern science, with eye on sustainability: Naidu (See 'TOG News')PM to launch 10K FPOs today (See 'TOG News')Krishi Vigyan Kendras to uplift small & marginal farmers: Tomar (See 'TOG News')TP - PSUs do not operate merely with profit motive & have other social objectives too - hence they cannot be adopted as comparables to private companies: ITAT (See 'TOG Latest')I-T - Interest income from Savings Bank a/c does not qualify for grant of deduction u/s 80P(2)(a)(i), if it is claimed by a cooperative credit society, which is not a cooperative society: ITAT (See 'TOG Latest')Customs - Orders passed by lower authorities are not sustainable if passed after relying on Circular which was subsequently superseded: CESTAT (See 'TOG Latest')VAT - Even if CBIC notification is not binding upon authorities under GVAT Act, interpretation of entries made by the CBIC cannot be ignored for classification of products: HC (See 'TOG Latest')Govt entices Japanese investment in Steel industry (See 'TOG News')Machine Learning & AI can add 1.3% to India's GDP: Kant (See 'TOG News')INTL - Issue regarding attribution of global profit @ 35% instead of 75% in respect of Indian PE settled in assessee's favor in its own case for past period - no reason to adopt differing view: HC (See 'TOG Latest')I-T - Exercising power of revision is sustained where AO overlooked the fact that assessee under-stated its revenue from mining operations: ITAT (See 'TOG Latest')Central Excise - 100% credit availed on capital goods in same FY instead of 50% but excess credit was not utilised - no requirement to pay interest: CESTAT (See 'TOG Latest')Customs - Role of Customs Broker had not even begun as the goods (red sanders) were apprehended well before they reached port - hence, no penalty imposable: CESTAT (See 'TOG Latest')Coast Guard inducts state-of-the-art patrol vessel (See 'TOG News')New Return - RET-1 - Taxpayers would 'bless' if GST Council defers it! (See 'THE COB(WEB)' in TIOL)Payment received from employees for Notice Period - no ST/GST (See 'THE INSIGHT')
Tax on Go
Budget 2015
Click the banner to download Documents


Indo - France Strategic Partnership an important pillar of India's foreign policy: Naidu
By TOG News Service
Sep 10, 2019

TOG NEWS SERVICE, NEW DELHI, SEPT 10, 2019: THE Vice President of India, Mr M. Venkaiah Naidu had described India-France Strategic Partnership as an important pillar of India's foreign policy and said that India and France could act as harbingers of peace and stability. Interacting with a delegation of French Parliamentarians led by Mrs. Sophie Primas, the Chair, and Senate Standing Committee for Economic Affairs, in New Delhi yesterday, Mr Naidu called for closer cooperation between India and France to promote peace and harmony in the world. The Vice President said that India always believed in peaceful co-existence with all countries, including its neighbours. "We don't want anybody to interfere in the internal affairs of our country, nor do we interfere in the affairs of other countries", he told the delegation.

Observing that India valued its partnership with France on defence cooperation, maritime security, counter-terrorism, space co-operation, economic partnership, and the other areas, the Vice President suggested the setting up of Indo-French Parliamentary Friendship Group to promote closer ties between the two nations. He also expressed happiness over France's decision to partner with India under the Smart Cities initiatives. India's development needs require massive investments in urban renewal and clean energy, he added. Calling for greater trade, technology, and capital flows between the two nations, Mr Naidu said the bilateral trade momentum needs to be multiplied to reach the set target of trade in goods to 15bn Euros by 2022.

Stating that Climate Change was an article of faith for the Indian government, Vice President reaffirmed India's commitment to Paris Agreements and said that India was on way to achieve the goals well in advance. He commended France on the initiatives in this regard and in particular, for holding the One Planet Summits.

Mr Naidu also recollected his visit to France during the centenary of World War I Armistice held in November 2018 where he had inaugurated the first Indian War Memorial in Villers Guislain in the memory of more than 9,000 Indians, who sacrificed their lives in that war. Referring to the longstanding and multifaceted space cooperation between India and France through ISRO and CNES, he said, "India is committed to carrying forward this cooperation".