Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Make Most of Text Search
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  6. Text Search
  7. The system will try to fetch results that contains ALL your words.
  8. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  9. Text Search
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 News - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ----
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ----
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
RelevanceDefaultDate
    No Records Found
    ❯❯
    MaximizeMaximizeMaximize
    0 / 200
    Expand Note
    Add to Folder

    No Folders have been created

      +

      Are you sure you want to delete "My most important" ?

      NOTE:

      News
      Showing Results for :
      Reset Filters
      Results Found:
      AI TextQuick Glance by AIHeadnote
      Show All SummariesHide All Summaries
      No Records Found

      News

      Back

      All News

      Showing Results for :
      Reset Filters
      Showing
      Records
      ExpandCollapse
        No Records Found

        News

        Back

        All News

        whatsappJoin Channel
        Showing Results for : Reset Filters
        Case ID :
        News and Press Release

        Workshop on Government E-Marketplace (GeM) for Suppliers for E-Procurement

        August 29, 2016

        📋
        Contents
        Note

        Note

        -

        Bookmark

        print

        Print

        Login to TaxTMI
        Verification Pending

        The Email Id has not been verified. Click on the link we have sent on

        Didn't receive the mail? Resend Mail

        Don't have an account? Register Here

        The one-day hands on training workshop on GeM for vendors was inaugurated today by Smt Rita Teaotia, Commerce Secretary. The training program has been jointly organized by DGS&D, National Institute of Financial Management (NIFM), National e-Governance Division (NeGD), CII, FICCI, Assocham and MAIT.

        The training session was attended by more than 200 suppliers from sectors such as Information Technology, Electrical goods, transport services etc, from across the country. Smt Radha Chauhan CEO of NeGD (MeitY) in her address mentioned about the concept of GeM and how it has been developed. She emphasised the fact that payment process has been simplified and made time bound in GeM, thereby making it easy for suppliers to get their payment from buying Government organizations on time.

        Sh Binoy Kumar, DG(S&D) in his address stated that GeM is a completely online and end-to-end integrated e-procurement portal for products and services and has been designed keeping in mind the need for Ease of Doing Business as well as transparency & efficiency. He stated that more training sessions are planned for both Government buyers as well as sellers in the coming days and the details of scheduled training programs shall be available on the GeM portal.

        In his address, Sh Charanjit Banerjee, DG CII complimented the Department of Commerce and DGS&D for having come up with a completely online portal for Government procurement, which would benefit not only the Government organizations but also the suppliers in particular and industry in general. Sh Banerjee stated that GeM has been welcomed by the industry and would encourage more and more entrepreneurs to start doing business with the Government organizations.

        In her Keynote address, Smt Rita Teaotia highlighted that the fact that GeM has been developed within a short span of 5 months owing to the collaborative efforts of DGS&D, NeGD, Finance Ministry and several other Government agencies. Secretary Commerce stated that owing to the transparency, ease, efficiency and time-bound payment offered by GeM, it is the way forward and would very soon become the standard mode of procurement by Government agencies. Secretary Commerce also stated that GeM would be a game changer in public procurement and would give an impetus to Make in India by removing the entry barriers for doing business with the Government. Smt Teaotia stated that although it has been made mandatory on GeM to make payment to the vendors within 10 days of receipt of goods/services, efforts should be made to further reduce this time span as time is money and ultimately the cost of delayed payment is born by the Government. Secretary also stated that GeM will enable Government buyers to bypass the cumbersome tendering system and instead procure using a system that offers ease of operation similar to e-commerce sites.

        Time-bound payment obligations streamline supplier payments and expand mandatory online government procurement through GeM portal. The Government implemented a fully online e procurement portal as an end to end electronic marketplace emphasising transparency, efficiency, ease of operation, supplier access, and mandatory time bound payment obligations; rollout includes training for suppliers and buyers, portal disclosures of schedules, and mechanisms to enable procurement that can bypass traditional tendering to support domestic industry.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Time-bound payment obligations streamline supplier payments and expand mandatory online government procurement through GeM portal.

                                The Government implemented a fully online e procurement portal as an end to end electronic marketplace emphasising transparency, efficiency, ease of operation, supplier access, and mandatory time bound payment obligations; rollout includes training for suppliers and buyers, portal disclosures of schedules, and mechanisms to enable procurement that can bypass traditional tendering to support domestic industry.





                                Note: It is a system-generated summary and is for quick reference only.

                                Topics

                                ActsIncome Tax
                                No Records Found