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INTER GOVERNMENTAL AUTHORITY
Word of the day - InterdictionInterdiction means an official order or action that prevents something from happening. This term is used for bans on goods, restrictions on...- Trying our best for their early discharge: MEA on Indians working as support staff in Russian armyAccording to media reports, many Indians recruited as security helpers in the Russian military, have been forced to even fight with Russian...
- India readies for its 2020 FATF reviewA high-level inter-ministerial coordination committee has raised concern about absence of effective regulatory mechanism for gems & jewelle...
- India-US sign pact for exchange of reports to check tax evasion by MNCsThis agreement will enable both the countries to automatically exchange CbC reports filed by the ultimate parent entities.
- Air Force declines to share details on Rafale dealReplying to an RTI query, the Air Force said the details are held by it in fiduciary capacity.
- French have marginally reduced Rafale price: SourcesSources said the price for 36 Rafales, as per the UPA tender, keeping the cost escalation and dollar rate in view, comes to over over Rs 66...
- India for concrete measures to reinforce authority of UNGAThis is because it is widely perceived that the General Assembly has not fully lived up to its mandated role as the chief deliberative, pol...
- Give FATCA info by 31 Aug or face account freezeAll that fund houses want to know is whether investors pay taxes or have a tax residency in a country other than India.
- India receives financial info from US under FATCA: Finance MinistryFinance Ministry today said it has received information from the US under the financial information exchange pact FATCA in the last two mon...
- FATF flagged cash-driven terror funding pattern ahead of Paris attacksFATF also had information that “cash couriers” were being sent from Belgium. According to the report, “Cash continues to be a prevalent asp...
- India, US sign FATCA; pact to help detect and discourage offshore tax evasionThe Foreign Account Tax Compliance Act or FATCA was signed on Thursday by Revenue Secretary Shaktikanta Das and US Ambassador Richard Verma.
- Gearing up for Obama’s visit: Finance Ministry to rush Cabinet note to sign US FATCA by December 31Indian entities doing business in US & NRIs there risk facing a penal tax rate of 30% on any fund transfer to India if it doesn’t endorse F...
- Black money: Supreme Court order may impact other tax treatiesAny move to make the names public without prosecution may hamper signing of the Foreign Account Tax Compliance Act (FATCA) with the US.
- US plans to give up its control over Internet's domain name systemThe US govt sought to convene global stakeholders to develop a proposal to transition away from US government oversight of the Internet's d...
- US calls for immediate political talks in South SudanUS officials led by Secretary of State John Kerry have been trying to connect with leaders in Africa to solve ethnic and political violence.
- 'India yet to be largely compliant with international standards on NPOs'India's regulatory framework for non-profit organisations is yet to be "Largely Compliant" with international standards for curbing money l...
- China inks deal with ISA to mine polymetallic sulphide in Indian OceanChina signed a contract with the International Seabed Authority to explore polymetallic sulphide ore deposit in Indian Ocean over the next ...
- AEC chairman favours nuke deal with JapanThere are roadblocks, Japanese Constitution prohibits civil nuclear cooperation with a country which has not signed the NPT.
- 'Let civic bodies tap market for funds’Municipal bodies in the country are woefully short of funds, and they should be allowed to borrow from the market to finance local infrastr...
- India moots new regime to tackle valuation tiffsWith rules of origin turning out to be the most contentious issue in free trade agreements, India has mooted evolving an international valu...
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