Organisation for Economic Co-operation and Development Current Affairs, GK & News

Organisation for Economic Co-operation and Development  Current Affairs, GK & News

India, Switzerland Automatic Exchange of Financial Account Information kicks in

Automatic Exchange of Information (AEOI) Regime between Switzerland and India kicked off from September 1, 2019. Under this mechanism, India will start receiving information on all financial accounts held by Indian residents in Switzerland, for the year 2018. Central Board of Direct Taxes (CBDT) has hailed this move as a significant step in the government’s ..

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Multilateral Convention to Implement Tax Treaty Related Measures (MLI)

India has ratified the Multilateral Convention to Implement Tax Treaty Related Measures (MLI) and deposited the instrument of ratification to Organisation for Economic Co-operation and Development (OECD). Multilateral Convention to Implement Tax Treaty Related Measures The Multilateral Convention to Implement Tax Treaty Related Measures aims to Prevent Base Erosion and Profit Shifting (BEPS). It seeks ..

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Counterfeit, Pirated Goods and Global Trade

The assessment  by EU Intellectual Property Office (EUIPO) and the Organisation for Economic Co-operation and Development (OECD) carried out based on data from almost half a million customs seizures by international enforcement agencies highlights the following: Global sales of counterfeit and pirated goods have increased to USD 522 billion a year, amounting to a whopping 3.3 per ..

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The Future of Rail Report: Key Facts

The Future of the Rail Report was prepared by the International Energy Agency (IEA) in association with the International Union of Railways (UIC). Findings of the Report The report provides a specific focus on India, The important findings of the Future of Rail Report are: Indian railways will account for nearly 40% of total global rail ..

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