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Showing posts from June 5, 2012

Strategy to Tackle the Issue of Black Money Stashed Abroad

INFO-NUGGETS FINANCE Shamima   Siddiqui *                  The Government has adopted a five-pronged strategy to tackle the sensitive issue of Black Money – Joining the Global Crusade  Against  Black Money ·            Issues of tax evasion and Exchange of Information have been incorporated in G 20 communiqué due to efforts of India in the recent ministerial meetings. ·            India is playing a key role in Global Forum on Transfer Pricing and Exchange of Information for tax purpose, as Vice Chairman of Peer Review Group. ·            Joined FATF, Task Force on financial integrity and Economic Development and Eurasian Group. ·            India is participating in policy groups of OECD and UN on Exchange of Information, International Taxation and Transfer Pricing as observer and member respectively. Creating an Appropriate Legislative Framework ·          Started renegotiation with 75   countries to broaden the scope of Article concerning Ex

World Environment Day

Following is the address by Hon’ble Minister of State (I/C) for Environment & Forests, Smt. Jayanthi Natarajan on World Environment Day Celebration today. The Minister alongwith Delhi Chief Minister Smt. Sheila Dikshit flagged off Science Express – Biodiversity Special train at Safdarjang Railway Station in New Delhi “This is indeed a very important day to celebrate in recognition of the value of the environment around us and its significance for our lives.               The World Environment Day is celebrated every year, to not only create awareness but also to reaffirm our commitment to protect and safeguard the environment for us and our future generations. It’s a call for a positive environmental action to save our planet from further degradation. As so rightly said:  "Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children."(Ame

Vice Admiral DK Joshi Will be the Next Navy Chief

The Government has appointed Vice Admiral DK Joshi, presently Flag Officer Commanding-in-Chief (FOC-in-C) Western Naval Command, as the next Chief of the Naval Staff with effect from afternoon of August 31, 2012. The present Chief of the Naval Staff, Admiral NK Verma retires from service on Aug 31, 2012. Born on July 04, 1954 Vice Admiral Joshi was commissioned on April 01, 1974 in the Executive Branch of the Indian Navy. During his long and distinguished Service spanning nearly 38 years, he has served in a variety of Command, Staff and Instructional appointments. Vice Admiral Joshi`s Sea Command includes Guided Missile Corvette Kuthar, Guided Missile destroyer Ranvir and the Aircraft Carrier Viraat. Before taking over as FOC-in-C Western Naval Command, he has served as the Deputy Chief of Naval Staff, Commander- in-Chief of A&N Command (CINCAN) and the Chief of Integrated Defence Staff to Chairman, Chiefs of Staff Committee (CISC). Vice Admiral Joshi is a distinguished gradu

‘World IPv6 Launch Day’ and IPv6 Implementation in India

                                                                                                                                               Today, the traditional communication networks are undergoing a big change and are converging into packet based Next Generation Networks (NGN) which run on Internet Protocol (IP). The Internet Protocol is basically a communications protocol   used for relaying   packets   of data across a network. The current version of the Internet Protocol IPv4 is about 27 year old l having many limitations. It is to be replaced by   Internet Protocol version   6 (IPv6) to overcome the limitations. On the occasion of the ‘World IPv6 Launch Day’ tomorrow  (on 6 th  June 2012), major Internet Service Providers, networking equipment manufacturers and web companies around the world are coming together to permanently enable IPv6 for their products and services. This day, being organized by Internet Society, represents a major milestone in the global de