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Need for early amendment of DTAA regulations to stop the double taxation of Indian IT firms

New Delhi: Minister of State (MoS) for Commerce & Industry Anupriya Patel has stressed the need for an early amendment of the regulation pertaining to the ‘Double Taxation Avoidance Agreement’ (DTAA) to stop the taxation on the offshore income of Indian firms providing technical support. Patel held a meeting with the visiting Deputy Premier of Western […]

Australian PM announces $74 mln in military aid to Ukraine

New Delhi: Australian Prime Minister Anthony Albanese announced further military aid to Ukraine in a statement released on Monday. “Following President of Ukraine Vladimir Zelensky’s request for further support, Australia will provide the following new package of assistance to Ukraine: AU$99.5 million in military assistance, including 14 armored personnel carriers, 20 Bushmaster protected mobility vehicles, and […]

QUAD Starts Fellowship for Bright Minds, the program will sponsor 100 students

New Delhi: On September 24, 2021, Quad partners Australia, India, Japan, and the United States announced the Quad Fellowship: a first-of-its-kind scholarship program designed to build ties among the next generation of scientists and technologists. Schmidt Futures, a philanthropic initiative, will operate and administer the fellowship program in consultation with a non-governmental task force, comprised of […]

Australia slaps sanctions on 110 citizens of Russia, LPR, and DPR

New Delhi: Australia’s government introduced targeted economic sanctions against 110 citizens of Russia, the LPR, and DPR over the situation in Ukraine, Australian Minister for Foreign Affairs Marise Payne said in a statement published on Wednesday on the ministry’s website. The Australian top diplomat noted that new sanctions lists “include 34 senior members of the Russian-led […]

QUAD summit to take place on May 24

New Delhi: The summit of leaders of the Quadrilateral Security Dialogue (QUAD) nations – the United States, Australia, Japan, and India – will be held in Tokyo on May 24. US President Biden will visit Japan on May 22-24, and he will meet Japanese Prime Minister Fumio Kishida on May 23 and take part in the […]

Australia imposes sanctions against 14 Russian companies and Organizations

New Delhi: Australia’s government has imposed economic sanctions against 14 Russian companies and organizations over the situation in Ukraine, Australia’s Department of Home Affairs said on Thursday. Falling under Australia’s sanctions are fuel and energy companies Gazprom, Gazprom Neft, and Transneft, truck manufacturer Kamaz, diamond mining company Alrosa, Ruselectronics holding company, Rostelecom, hydroelectricity company RusHydro, United […]
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