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Rs 411 crore loan defaulters flee country, SBI complains to CBI after 4 years

The CBI had recently booked Ram Dev International and its directors Naresh Kumar, Suresh Kumar and Sangita, for defrauding Rs 414 crore




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Research Headlines - Boosting mobility for better health

The sedentary nature of modern life has had a noticeably detrimental effect on both physical and mental health. An EU-funded project has highlighted how to boost the wellbeing of Europeans by linking transport and health policies.




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Fighting COVID-19 with facts not fear: How India can get back to work after coronavirus lockdown

Under complete lockdown less than a quarter of India's $2.8 trillion economy is functional. We are expected to lose over Rs 32,000 crore ($4.5 billion) every day during the lockdown




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Tax-News.com: Inmarsat Hails Progress Towards Truly Global Internet

Inmarsat, together with Global Marine Networks and Network Innovations, announced on February 22 that the trial of Fleet Xpress in Antartic waters was a success. The service – the world's first globally available high-speed broadband service from a single network operator – was installed on board the adventure cruise ship Ocean Nova.




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Tax-News.com: London On-Water Boat Show To Open In May

The organizers of last year's St Katharine Docks On-Water Exhibition have announced that they are planning an event this year, on May 4-7, that will be double the size of last year's, renamed as "The London On-Water Yacht and Boat Show."




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Tax-News.com: Hong Kong, Russia DTA Enters Into Force

The comprehensive double taxation agreement between Hong Kong and Russia, which was signed in January this year, entered into force on July 29, 2016, and will be in effect in Hong Kong for any year of assessment beginning on or after April 1, 2017.




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Coronavirus: Indigo implements pay-cuts again after rolling back decision

Coronavirus impact: IndiGo CEO Ronojoy Dutta told the employees that they are left with no option but to implement pay-cuts. The airline had earlier rolled back its decision to cut pay




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SBI slashes interest rates for fixed deposits; check new rates

SBI FD interest rates for senior citizens have been slashed by 20 bps as well. For tenor 7 days to 45 days, State Bank of India has changed the rates from 4 per cent to 3.80 per cent, while it has been changed to 4.80 per cent from 5 per cent for 46 days to 179 days tenor




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ICICI Bank Q4 earnings today: Key parameters to watch out for

Dalal Street expects ICICI Bank to report healthy earnings in Q4




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Tax-News.com: Singaporean Emitters Seek Progressive Carbon Tax Regime

Singapore is engaging businesses on tweaking the design of its new carbon tax, which is proposed to be in place by 2019.




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Tax-News.com: Malaysia Explains New Cap On Interest Expense Deductions

The Inland Revenue Board of Malaysia has released new guidance on restrictions to the deductibility of interest expenses.




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Tax-News.com: IMF Advises Luxembourg On Coping With International Tax Changes

The IMF has welcomed Luxembourg's efforts to meet international tax standards but cautioned that international tax reform could hit the country's tax base.




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Tax-News.com: New Zealand To Better Track Taxpayers' Property Transactions

New Zealand's Inland Revenue has announced that those who buy and sell property will be required to provide their IRD number on land transfer documentation, to improve the agency's ability to enforce the tax rules on property speculation.




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Tax-News.com: Ecuador, Serbia Ratify OECD's Multilateral Tax Cooperation Pact

The OECD on September 2, 2019, announced that Ecuador and Serbia have ratified the multilateral Convention on Mutual Administrative Assistance in Tax Matters.




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Tax-News.com: Overseas Suppliers To NZ Urged To Register For GST

New Zealand's tax agency has urged overseas businesses who sell goods valued at NZD1,000 (USD629) or less to register for GST ahead of the December 1, 2019, deadline.




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Knox Bought G-string and Sollecito Fantasized Hot Sex - Day After Meredith was Killed

The day after British student Meredith Kercher was killed, her housemate Amanda Knox and the latter's Italian boyfriendRaffaele Sollecitowere spotted




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Plug-in Interface Will Soon Usher in New Generation of Compact Medical Devices

UC Davis researchers have designed a plug-in interface which will usher in the new generation of compact medical devices. "We think there is a huge




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Program of Protected Time for Sleep Improves Morning Alertness for Medical Interns: Study

A study to determine whether a protected sleep period of 5 hours is feasible and effective in increasing the time slept by interns on extended duty overnight shifts was conducted by Kevin G.




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39 Dengue Cases Reported in Delhi, Union Health Minister J.P. Nadda Holds Meeting

Dengue fever is a vector-borne tropical disease caused by the dengue virus. 39 dengue cases have been reported in Delhi so far, a civic body report said.




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Dengue, Malaria Cases Drop in Haryana in 2016: Health Minister Anil Vij

Tens and thousands of people in India are being affected by mosquito-borne diseases like dengue, malaria and chikungunya. However, dengue and malaria




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Patna: Fear of Dengue Outbreak in Waterlogged Areas

In waterlogged Patna with 640 patients being tested positive mostly in the last four days, fear of a dengue outbreak is looming large, revealed sources.




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Is It Safe to Have a Second IVF Baby After Fertility Treatment for the First?

Highlights: Women can successfully have a second in vitro fertilisation (IVF)baby IVF is also known as assi




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Tax-News.com: New EU Agency To Pursue VAT Fraudsters

Twenty EU member states have reached a deal on the establishment of a new European Public Prosecutor's Office that will have the power to investigate and prosecute criminal cases affecting the EU budget.




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Tax-News.com: USITC Confirms Countervailing Duties On Tubing From China, India

The United States International Trade Commission will issue countervailing duty orders on imports of cold-drawn mechanical tubing from China and India, after determining that they are causing material injury to US manufacturers.




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Tax-News.com: Hong Kong To Soon Join OECD's Multilateral Tax Compact

Hong Kong on February 2, 2018, ratified an Ordinance to enable the territory to soon join the OECD's Multilateral Convention on Mutual Administrative Assistance in Tax Matters and thereby more simply and more broadly agree to exchange tax information with other countries' tax authorities.




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Tax-News.com: China Sets Out How To Determine Beneficial Owner For Treaties

On February 3, 2018, China's State Administration of Taxation set out new rules on the disallowance of tax treaty benefits where an entity fails to demonstrate it is the beneficial owner of Chinese assets from which passive income is derived.




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Tax-News.com: Macau To Sign OECD Multilateral Information Exchange Treaty

Macau's Chief Executive has issued an order authorizing signature of the OECD Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information.




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Tax-News.com: China Pledges Tax Support For 'Belt And Road Territories'

The tax agencies of China and Kazakhstan, with involvement also from the OECD, hosted a three-day tax conference to discuss the provision of capacity building support from China for those countries that will be involved in China's Belt and Road Initiative. It was attended by more than 250 delegates from 49 tax administrations, four international organizations, and five academic institutions.




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Cannabis can Help Fight Resistant Bacteria

Combination of cannabidiol (CBD) and bacitracin (BAC) can help in the treatment of infections with antibiotic-resistant Gram-positive bacteria. The findings




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Rivaroxaban Better in Preventing Blood Clots After Ortho Surgeries

Rivaroxaban lowers the chance of serious thromboembolism more in people recovering from orthopedic surgery requiring immobilization compared to Enoxaparin,




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Patients Taking Certain Steroids at High Risk for COVID-19

Asthma, allergy, arthritis patients using glucocorticoids on a routine basis are at high risk of getting infected with coronavirus, according to a new




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Chronic Use of Corticosteroids Increases Adrenal Gland Inflammation

Synthetic corticosteroid drugs, when used for prolonged duration of time, increase adrenal gland inflammation in response to bacterial infection. Synthetic




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Study Highlights Drug Usage Pattern From Old to Young

Drug overdose epidemic emerged abruptly among the Baby Boomers, shifted youth-ward for Generation X, and then soared to new heights among the Millennials, says a new study.




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Tax-News.com: Exporters Urge Int'l Reform To Simplify VAT Compliance

The International Chamber of Commerce has warned that micro-, small-, and medium-sized businesses' growth prospects are being stymied by complex indirect tax regimes. It has released an issues brief that is intended to contribute towards international reform talks being led by the World Trade Organization.




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Tax-News.com: IRS Launches Gig Economy Tax Center

On January 9, 2019, the United States Internal Revenue Service announced the launch of a new Gig Economy Tax Center, which is intended to help taxpayers meet their tax obligations through more streamlined information.




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Tax-News.com: EU Finance Ministers Issue Joint Statement On Digital Taxation

The finance ministers of France, Germany, Italy, and Spain have put their names to a statement calling for countries to reach an agreement on solving the tax challenges of the digital economy by the end of 2020.




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Tax-News.com: Malta To Establish Beneficial Ownership Register

Malta's Minister for Finance, Edward Scicluna, told delegates to a recent law conference at the Old University in Valletta that beneficial ownership regulations will be published in the coming weeks.




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Tax-News.com: Nine EU Finance Ministers Call For Green Tax On Aviation

Nine EU member states have called on the European Commission to draw up proposals for an EU-wide aviation tax.




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Tax-News.com: Hong Kong To Soon Join OECD's Multilateral Tax Compact

Hong Kong on February 2, 2018, ratified an Ordinance to enable the territory to soon join the OECD's Multilateral Convention on Mutual Administrative Assistance in Tax Matters and thereby more simply and more broadly agree to exchange tax information with other countries' tax authorities.




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Tax-News.com: Swiss Tax Transparency Changes Enter Into Force

The Swiss Government has published guidance on the legislation that brings into force the recommendations made by the Global Forum on Transparency and Exchange of Information for Tax Purposes.




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Tax-News.com: Switzerland Announces COVID-19 Plan To Scrap Interest On Tax Arrears

The Swiss Government has announced that it will waive interest on late payments of tax, to allow companies to delay their tax payments.




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Tax-News.com: UAE VAT Authority Addresses Compliance Matters

The UAE's Federal Tax Authority has newly launched a number of VAT compliance tools and further confirmed how the value-added tax regime, introduced at the start of the year, should operate.




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Tax-News.com: UAE's First VAT Quarterly Filing Deadline April 29

The first quarterly value-added tax filing deadline of April 29 is fast approaching in the United Arab Emirates, with more than 90,000 taxpayers said to be affected.




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Tax-News.com: Australian Exporters Making The Most Of FTAs

Australia's free trade agreements are being widely used by Australian businesses, according to a new report commissioned by the Government.




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Tax-News.com: Korea To Ease Tax Rules For Exporters To Japan

South Korea's Government has announced that it will provide tax relief to small and medium size businesses that have been affected by Japan's decision to remove 159 South Korea products from its export "white list."




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Good Sleep Patterns Reduce Heart Disease Risk Despite Genetic Influences

Highlights: Healthy sleep patterns can reduce the risk of cardiovascular diseases (CVD) These sleep pat




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Bacteria Present in House Dust Can Spread Antibiotic Resistance

Highlights: Bacteria living in household dust particles have been detected These are capable of transmitting




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Early Genetic Signs can Detect Cancer Earlier and Faster

Highlights: Early genetic signs, years before diagnosis, could signal cancer development in the future




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Gut Bacteria can Secrete Carcinogen: Study

Highlights: A common intestinal bacterium has been identified that secretes a carcinogen The carcinogen produ




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Tax-News.com: Brexit: UK Rolls Out Transitional Simplified Procedures For Importers

HM Revenue and Customs (HMRC) has automatically registered 95,000 businesses for its simplified import procedures, allowing most UK traders up to six months to pay import duties and submit customs declarations, if the UK leaves the EU without a deal on October 31, 2019.