FACTA: Expect the unexpected (and the worst) in tax treatment and disclosure of offshore assets, particularly for Indian assets
By Parag Patel in NRI Tax From The Economic Times On July 9, 2015, India and the US signed an agreement to implement the Foreign Account Tax Compliance Act (FATCA) that will facilitate exchange of information between the two countries…
India and the Cayman Islands combine forces to promote medical tourism in the Caribbean
By Josefina Josepha From Caribbean News Now WILLEMSTAD, Curacao — Dr Chandy Abraham, CEO of Health City Cayman Islands, paid a strategic visit to the Dutch Caribbean islands of Aruba on Thursday, followed by a visit to Curacao on Friday….
For Ganga, inspiration flows from Rhine, once among dirtiest rivers
By Vishwa Mohan, TNN From Times of India Kanpur drain hurdle for clean Ganga, IIT roped inCentre’s claim on Ganga remains unfulfilled: Experts20K crore to clean Ganga‘Tame Sisamau nullah to check Ganga pollution’No sanction to any new dam on Ganga…
Mood of the nation poll: It’s now or never for Modi on black money
By Anshuman Tiwar From daily O Indian investors are bringing illegal funds on a large scale through P-notes into the Indian market via tax havens. Having declared from the ramparts of the Red Fort that he would bell the black…
Nepal earthquake: Dozens die in new tremor near Everest
From BBC A major earthquake has struck eastern Nepal, near Mount Everest, two weeks after more than 8,000 people died in a devastating quake. At least 37 people have been killed and more than 1,000 injured, officials say. At least…
Windies leave for South Africa series in wake of controversy
From Jamaica Observer ST JOHN’S, Antigua (CMC) – For the first time since the ill-fated tour of India last month, a West Indies squad will leave the Caribbean for an international assignment, when the Test team heads to South Africa…
The Commonwealth’s battle for relevance
By Kayode Soyinka from Jamaica Observer Where is the Commonwealth these days? The multi-lateral organisation of nations who are bound together by a similar colonial past, as colonies under British rule, has lost its sparkle and it’s rarely heard of…
How the Navy’s latest anti-submarine aircraft sees under the waves
By Pierre Bienaimé Boeing’s P-8A Poseidon has been a part of the US Navy for a year this month. The converted airliner brings the latest in anti-submarine capabilities, reaching greater altitude and speed than its predecessor (without the nausea factor…
Around the world, discarded tires tread again
By Ken Wysocky From BBC It may seem incongruous to think of discarded rubber car tires as the source of fetching but functional footwear or fashion-forward furniture. But from Kenya to India to Detroit to Sweden, clever and eco-minded niche…
Black money probe gets trickier as trail goes beyond Switzerland [inc. Cayman Islands]
From Business Today The information collected by the Special Investigation Team (SIT) on black money stashed abroad is throwing up cash trails that go beyond Swiss banks into various other financial centres like Dubai, Singapore and Luxembourg and tax haven…
