Indian American nominated as OECD Envoy by the US President Trump

On May 6, 2020, the US President Donald Trump appointed Indian American Diplomat Manisha Singh as his envoy to OECD (Organization for Economic Cooperation and Development). Highlights Manisha Singh was the secretary of State for Economic and Business Affairs. She will now act as US representative to OECD. She had also served as secretary of ..

Month: Current Affairs - May, 2020

Category: International Current Affairs

Topics: IBRD • IFC • India-OECD • International Centre for Settlement of Investment Disputes • International Development Association • OECD • US President Donald Trump • World Bank

OECD: Economic Outlook for South East Asia

The Organization for Economic Co-operation and Development released its report in Economic Outlook for South East Asia. The report was presented at the ASEAN summit, 2019. This year the title of the report is “Reponding to Environmental Hazards in Cities” Highlights India’s GDP will grow at the rate of 6.6% in the years 2020-2024. This ..

Month: Current Affairs - November, 2019

Category: Reports & Indexes Current Affairs

Topics: ASEAN • Energy • india-asean • India-OECD • OECD • Regional Economic Outlook

India ratifies OECD’s convention to check Tax Evasion

India has ratified Multilateral Convention to Implement Tax Treaty Related Measures (MLI) to prevent Base Erosion and Profit Shifting (BEPS). It will pave way for amendments to double taxation avoidance agreements (DTAA) with countries signatories to convention to plug revenue leakages. The provisions enshrined in framework will come into effect from fiscal year 2020-21 for ..

Month: Current Affairs - July, 2019

Category: Economy & Banking Current Affairs

Topics: Base Erosion and Profit Shifting • BEPS • BEPS project • Covered Tax Agreements • double taxation avoidance agreements • Dtaa • G20 • India-OECD • Multilateral Convention to Implement Tax Treaty Related Measures • OECD • Tax avoidance