Tanzania and India signed an agreement for double taxation avoidance.
The Indian government signed on the double Taxation Avoidance Agreement (DTAA) with the United Republic of Tanzania. This agreement is meant for the prevention of fiscal evasion related to taxes on income to be payed. The agreement was signed on May 27th 2011 at Dar –es-Salaam. Shri K V Bhagirath, High Commissioner of India and Mr Pereira Ame Silima, Deputy Finance Minister of the Republic of Tanzania both are going to sign on the DTAA agreement on behalf of their respective countries.
The DTAA states that all the business profits will be taxable in the state if the activities constitutes for a permanent establishment in the respective state. This agreement will in providing stability of taxes between India and Tanzania. And this will help in increment of mutual economic cooperation between the two countries.
Mamata Banerjee sworn in as west Bengals 1st women C.M
Mamata Banerjee on Friday was sworn in as the 1st women Chief Minister of West Bengal. She was made head by the joint alliance of Trinamool and Congress party. Mamata Banerjee took the oath in Bengali, which was administered by Governor Mr M K Narayanan in Raj Bhavan. The council under Mamata Banerjee’s ministry consist of 43 members out of which 36 are from Trinamool congress while the rest are from Congress party. The list of members includes Amit Mitra, Manish Gupta, Abdul Karim Chowdhury, Partha Chatterjee, Upen Biswas, Subrata Mukherjee, Sabitri Mitra, Sandhan Pandey, Noore Alam Chowdhary, Bratya Basu and Madan Mitra.
India and US to discuss Homeland security
India and US will resume their homeland security talks on may 8th 2011. The delegation from the Indian side will be headed by Union home Minister P. Chidambaram and that from the US will be headed by the Secretary of Homeland Security Department, Ms Janet Napolitano. The main topic on interest that will be discussed comprise of coastal security, curbing illegal financing, counter terrorism, mutual investigation that includes Mumbai terror attacks etc.
Master blaster the leading cricketer of Widens 2010
The master blaster became the 7th recipient of the Wisden award joining the league of other recipient like Ricky Ponting, Shane Warne, Muttiah Muralitharan, Jacques Kallis, and Andrew W Flintoff etc. Wisden regarded as the Bible of cricket named India’s Master blaster Sachin Tendulkar as its seventh recipient. Sachin if the 2nd Indian cricketer after Virender Sehwag who’s also among the wisden awardees’ league. In February itself sachin became the 1st world cricketer to score a double 100 in one dayers and before this he became the 1st cricketer to score 50 test tons.
The 148th wisden edition was launched on Wednesday and this is the 1st time that master blaster has won this award since it began in the year 2004. Also sachin was even positioned at number 4 rank in the Wisden’s 2009 Test XI.
Annu Singh the Indian shooter to book berth for London’s Olympic
Annu Raj Singh became the 5th Indian shooter to book her berth for the London’s Olympic to be held next year. She qualified for the Olympic seat after winning a silver medal at the ongoing ISSF World Cup in Fort Benning for the 10m Air Pistol. Singh who never won the world cup earlier qualified for the finals with a maximum of 389 points win. After this Singh is ranked at number 33 in the world. She is the next Indian to join the league for the Olympics after shooters Gagan Narang, Hari Om Singh, Sanjeev Rajput and Ronjan Sodhi.
Her win was tied up with gold medallist Olena Kostevych of Ukraine.
Mary Kom strikes gold in Asian Cup
India’s five time world champion M C Mary Kom won 1st gold medal of the year by winning in the Asian Cup Women’s Boxing tournament in Haikou, china.
She won the medal for the 48Kg category. Kom became the winner after defeating Asian champion Kim Myong Sim of North Korea. The winning strike was lead by 4-3points in the finals. This was her 1st tournament since her bronze medal win at the 2010 Guangzhou Asian Games after which she made a place for herself in the weight division category after beating Kate Appari of Philippines.
Though her North Korean counterpart was a stiff challenge for her but it was her skill and the agility of the champion that she made her way through the finals and won the gold.
On the other hand another Indian in the line Pavitra (57kg) faced defeat in the finals against Tossamalee Thonalan of Thailand. She lost to her counterpart by 6-11 points.
IMF head arrested for sexual assault:
IMF (International Monetary Fund) head Dominique Strauss Kahn was arrested for sexually assaulting a maid at a Manhattan Hotel. Dominique who’s also a political figure in France was taken into custody at Kennedy International Airport. His arrest aroused a mixed sense of disbelief, anger and embarrassment among the masses in France. Dominique had a well formed reputation among the political Supremes.
Dominique was even considered as the next best candidate for presidential seat after the Nicolas Sarkozy. Following his arrest Strauss has resigned as the Managing Director of IMF. On may 19th Strauss was indicted with multiple charges like attempted to rape, sexual abuse amongst others.
Fear grows as EU suspends all aid to Syria
Almost 100 of people are about to lose their jobs as the EU has decided to cut down on all major aids to the Syrian government. Tishreen newspaper was quoted as saying that though the Syrian government will be affected by the aid cancellation but the common man will suffer the most as they will be on the verge to lose their jobs. It is said that in order to loosen up the stability of the Syrian government the stopping of aid is one such step by the European government.
Meanwhile the G-8 has announced support of around 40bn for the Arab countries. This support is meant in order to help the Arab countries to move towards a better Democratic government policy. Half of the sum from the 40bn support will be spent for the Tunisian and the Egyptian government reform.
Russian premier Dmitry Medvedev was quoted as saying that the Russian government is not going to back EU states and the US at the security council meet.
The Indian government signed on the double Taxation Avoidance Agreement (DTAA) with the United Republic of Tanzania. This agreement is meant for the prevention of fiscal evasion related to taxes on income to be payed. The agreement was signed on May 27th 2011 at Dar –es-Salaam. Shri K V Bhagirath, High Commissioner of India and Mr Pereira Ame Silima, Deputy Finance Minister of the Republic of Tanzania both are going to sign on the DTAA agreement on behalf of their respective countries.
The DTAA states that all the business profits will be taxable in the state if the activities constitutes for a permanent establishment in the respective state. This agreement will in providing stability of taxes between India and Tanzania. And this will help in increment of mutual economic cooperation between the two countries.
Mamata Banerjee sworn in as west Bengals 1st women C.M
Mamata Banerjee on Friday was sworn in as the 1st women Chief Minister of West Bengal. She was made head by the joint alliance of Trinamool and Congress party. Mamata Banerjee took the oath in Bengali, which was administered by Governor Mr M K Narayanan in Raj Bhavan. The council under Mamata Banerjee’s ministry consist of 43 members out of which 36 are from Trinamool congress while the rest are from Congress party. The list of members includes Amit Mitra, Manish Gupta, Abdul Karim Chowdhury, Partha Chatterjee, Upen Biswas, Subrata Mukherjee, Sabitri Mitra, Sandhan Pandey, Noore Alam Chowdhary, Bratya Basu and Madan Mitra.
India and US to discuss Homeland security
India and US will resume their homeland security talks on may 8th 2011. The delegation from the Indian side will be headed by Union home Minister P. Chidambaram and that from the US will be headed by the Secretary of Homeland Security Department, Ms Janet Napolitano. The main topic on interest that will be discussed comprise of coastal security, curbing illegal financing, counter terrorism, mutual investigation that includes Mumbai terror attacks etc.
Master blaster the leading cricketer of Widens 2010
The master blaster became the 7th recipient of the Wisden award joining the league of other recipient like Ricky Ponting, Shane Warne, Muttiah Muralitharan, Jacques Kallis, and Andrew W Flintoff etc. Wisden regarded as the Bible of cricket named India’s Master blaster Sachin Tendulkar as its seventh recipient. Sachin if the 2nd Indian cricketer after Virender Sehwag who’s also among the wisden awardees’ league. In February itself sachin became the 1st world cricketer to score a double 100 in one dayers and before this he became the 1st cricketer to score 50 test tons.
The 148th wisden edition was launched on Wednesday and this is the 1st time that master blaster has won this award since it began in the year 2004. Also sachin was even positioned at number 4 rank in the Wisden’s 2009 Test XI.
Annu Singh the Indian shooter to book berth for London’s Olympic
Annu Raj Singh became the 5th Indian shooter to book her berth for the London’s Olympic to be held next year. She qualified for the Olympic seat after winning a silver medal at the ongoing ISSF World Cup in Fort Benning for the 10m Air Pistol. Singh who never won the world cup earlier qualified for the finals with a maximum of 389 points win. After this Singh is ranked at number 33 in the world. She is the next Indian to join the league for the Olympics after shooters Gagan Narang, Hari Om Singh, Sanjeev Rajput and Ronjan Sodhi.
Her win was tied up with gold medallist Olena Kostevych of Ukraine.
Mary Kom strikes gold in Asian Cup
India’s five time world champion M C Mary Kom won 1st gold medal of the year by winning in the Asian Cup Women’s Boxing tournament in Haikou, china.
She won the medal for the 48Kg category. Kom became the winner after defeating Asian champion Kim Myong Sim of North Korea. The winning strike was lead by 4-3points in the finals. This was her 1st tournament since her bronze medal win at the 2010 Guangzhou Asian Games after which she made a place for herself in the weight division category after beating Kate Appari of Philippines.
Though her North Korean counterpart was a stiff challenge for her but it was her skill and the agility of the champion that she made her way through the finals and won the gold.
On the other hand another Indian in the line Pavitra (57kg) faced defeat in the finals against Tossamalee Thonalan of Thailand. She lost to her counterpart by 6-11 points.
IMF head arrested for sexual assault:
IMF (International Monetary Fund) head Dominique Strauss Kahn was arrested for sexually assaulting a maid at a Manhattan Hotel. Dominique who’s also a political figure in France was taken into custody at Kennedy International Airport. His arrest aroused a mixed sense of disbelief, anger and embarrassment among the masses in France. Dominique had a well formed reputation among the political Supremes.
Dominique was even considered as the next best candidate for presidential seat after the Nicolas Sarkozy. Following his arrest Strauss has resigned as the Managing Director of IMF. On may 19th Strauss was indicted with multiple charges like attempted to rape, sexual abuse amongst others.
Fear grows as EU suspends all aid to Syria
Almost 100 of people are about to lose their jobs as the EU has decided to cut down on all major aids to the Syrian government. Tishreen newspaper was quoted as saying that though the Syrian government will be affected by the aid cancellation but the common man will suffer the most as they will be on the verge to lose their jobs. It is said that in order to loosen up the stability of the Syrian government the stopping of aid is one such step by the European government.
Meanwhile the G-8 has announced support of around 40bn for the Arab countries. This support is meant in order to help the Arab countries to move towards a better Democratic government policy. Half of the sum from the 40bn support will be spent for the Tunisian and the Egyptian government reform.
Russian premier Dmitry Medvedev was quoted as saying that the Russian government is not going to back EU states and the US at the security council meet.
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