Country by Country Report

The Director General of Income Tax (Risk Assessment) has designated the Joint Director of Income Tax (Risk Assessment) as the Income Tax Authority as given by the Income Tax Act. About CbC Report The ‘Country by Country’ report or the ..

Cabinet approves Double Taxation Avoidance Agreement between India-Chile

Union Cabinet has approved the signing of Double Taxation Avoidance Agreement (DTAA) and Protocol between Republic of India and Republic of Chile. This will help in elimination of double taxation as well as prevention of fiscal evasion and avoidance with ..

Month: Current Affairs - November, 2019

International Energy Agency releases World Energy Outlook, 2019

The Paris based International Energy Agency recently released its report on World Energy Outlook. The Agency has projected that the installed solar power in the world will increase by 3,142 GW by 2040. According to the report, the currently the ..

Month: Current Affairs - November, 2019

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” ..

Month: Current Affairs - November, 2019

India to attend GFSEC ministerial meeting

Minister of Petroleum and Natural Gas and Steel Shri Dharmendra Pradhan is to visit Russia and Japan between October 22 and October 26 2019. This is a follow up visit of PM Modi for the Eastern Economic Forum in September ..

Month: Current Affairs - October, 2019

Pakistan blacklisted by Asia-Pacific Group of FATF for its failure to comply with terror funding standards

The Asia-Pacific Group (APG) of the Financial Action Task Force (FATF) is a global watchdog for terror financing and money laundering. It has recently put Pakistan in the Enhanced Expedited Follow Up List (Blacklist) for its failure to meet its ..