Page-4 of Current Affairs - January, 2016
India and Armenia sign Protocol amending the Double Taxation Avoidance Convention
India and Armenia has signed a Protocol to amend the existing Double Taxation Avoidance Convention (DTAC) to curb instances of tax evasion. The Protocol amends the Article on Exchange of Information for tax in the bilateral DTAC signed between India ..
Month: Current Affairs - January, 2016
India overtakes Thailand as World's largest Rice exporter
India has overtaken Thailand as the world’s largest rice exporter in the year 2015 by shipping (exporting) 10.23 million tonnes of rice. It was announced by the Bangkok based Thai Rice Exporters Association Chairman Charoen Laodhammatas. Key facts Thailand: The ..
Month: Current Affairs - January, 2016
Cognizant acquires KBACE Technologies
United States (US) based software services exporter Cognizant Technology Solutions (CTS) has acquired cloud-based computing firm KBACE Technologies. This acquisition will help Cognizant to strength and expands its digital capabilities from its critical business applications to cloud-based IT infrastructures. The ..
Month: Current Affairs - January, 2016
31 OECD members signed corporate tax avoidance deal
31 Organisation for Economic Co-operation and Development (OECD) members have signed corporate tax avoidance agreement in a bid to stem fiscal (tax) evasion by multinational companies (MNCs). The new agreement is about sharing information between members rather than a new ..
Month: Current Affairs - January, 2016
Scientists discover largest known solar system
Astronomers have discovered the largest known solar system in the form of gas giant located one trillion kilometres away. This solar system has large planet known as 2MASS J2126-8140 that takes nearly a million years to orbit its star. Key ..
Month: Current Affairs - January, 2016
India ranks 76 in 2015 Corruption Perception Index
India has been ranked 76th out of 168 countries in the recently released 2015 Corruption Perception Index (CPI). The 2015 CPI was the 21st edition of the annual index and was published by the Berlin-based corruption watchdog Transparency International (TI). ..