In a letter dated August 8, 2019, the Russian Federal Tax Service amended the rules for non-resident holding companies to be considered as the beneficial owner of Russia-sourced income.

Pakistan Cricket Board chairman Ehsan Mani has asserted that the PCB will not agree to cancelling the Asia Cup, scheduled in the UAE in September, to make room for the Indian Premier League, which has been postponed due to the COVID-19 pandemic. The IPL was to be held from March 29 to May 24 but has been postponed indefinitely because of a extended lockdown to combat the deadly virus in India. "I have read and heard about these speculations but right now just remember that having or not having the Asia Cup is not a decision between Pakistan and India it involves other countries as well," asserted Mani here on Tuesday.

Pakistan were to host the event but it was shifted to Dubai and Abu Dhabi after India expressed reluctance to come here owing to security concerns and the strained diplomatic ties between the two countries. "...it is important to have the Asia Cup if cricket activities resume by then because development of Asian cricket depends on funding from the tournament. It is important for many countries who are members of the Asian Cricket Council," he added in a podcast released by the PCB.

However, he also conceded that holding the Asia Cup this year is a big challenge because right now "we don't know if it can be held or not." "But if the conditions change and we can have the Asia Cup, it must be held as earnings from it are distributed as development funds to member countries for next two years," he said.
He said reports about the Asia Cup being hosted by Bangladesh or UAE were mere speculation at this stage.

Speaking about another big event, Mani warned that if the T20 World Cup, to be held in Australia in October-November, is postponed, the financial fallout will be big for many countries. "The financial impact will be felt by many countries if the ICC can't distribute their shares from the tournament. Many countries including Pakistan will feel the pinch," he admitted.

Mani confirmed that Pakistan was to receive around USD 7 to 8 million in June and January. "Pakistan is fortunate it has good financial controls in place and in short term, it will be better off than most countries if the lockdowns continue because of the coronavirus pandemic," he claimed. "We are to get 7 to 8 Million dollars from the ICC in June but we know they might not come so we have planned accordingly," he added.

On whether Pakistan's forthcoming tours to Holland, Ireland and England between late June and August will gohead, Mani said the PCB was prepared for disruptions.
But he ruled out resumption of international cricket in empty stadiums. "Empty stadiums also offer their big challenges as teams have to travel by air and stay in hotels so the risks start there. The logistical arrangements have to be manageable," he explained. Mani said Pakistan was prepared to show goodwill and flexibility and support the hosts of these tours.

"We wouldn't mind if two series are held at the same time like one team playing Tests and another white-ball cricket. In these difficult times we need to support each other," he said. Mani also revealed that Pakistan had shown interest in hosting several ICC tournaments to be held between 2023 and 2031, including the ICC Youth Cup and World Cups.

"Unfortunately the last time the cycle of ICC events were bid for the big three, India, Australia and England distributed all the main events among themselves. This time I can say there are more countries interested in hosting the events," he said.

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A shooting in Louisiana's capital city of Baton Rouge has left one police officer dead and a wounded colleague fighting for life Sunday, authorities said, adding a suspect was in custody after an hours-long standoff at a home. Baton Rouge Police Chief Murphy Paul told The Advocate the officers were shot in the northern part of the city, and one of the officers later died.

Police said the officers were responding to a call about reports of gunfire when they were shot. At a news conference Sunday evening, the police chief said the slain officer was a 21-year law enforcement veteran and that the wounded colleague had seven years of police work, according to WBRZ-TV. The chief did not identify the officers. The second wounded officer was hospitalized and ¿fighting for his life," Paul said, adding both officers were rushed earlier to a leading Baton Rouge hospital. Paul said a suspect was taken into custody after the standoff.

The police chief did not elaborate on any possible charges. Many details of events leading up to the shooting remained sketchy, and the chief said only that police continue to investigate. Later Sunday, dozens of officers gathered outside the hospital where the wounded officer was being treated, awaiting updates amid their impromptu vigil. A coroner's van was seen during the afternoon being escorted away by dozens of law enforcement vehicles as it left the hospital, according to media reports.

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The number of the novel Coronavirus cases in Russia has surpassed that of China, where the disease originated. The country on Monday reported 6,198 new confirmed infections, taking the tally to 87,147, reported the Moscow Times.

China has recorded 84,500 confirmed cases since the outbreak last year. The Russian authorities on Monday confirmed 50 deaths in the past 24 hours, taking the total toll to 794.

Russia is now the ninth country to be worst hit by the pandemic. The virus has spread to all of Russia's 85 regions, but has affected the capital, Moscow, the most. Of all the 6,198 new cases, 2,971 have been registered in Moscow, 576 in the Moscow region and 153 in the Nizhny Novgorod region.

The virus has affected the country's military as well. A total of 874 servicemen in the military have tested positive for COVID-19 since March, Russia's Defence Ministry has said. Four people are in grave condition, including one on a ventilator.

The vast majority of the country has been on lockdown since late March, with only essential businesses — grocery shops, pharmacies, banks — operating and people ordered to stay at home. Military units have already rehearsed the parade -- footage of these rehearsals showed hundreds of servicemen drilling outside Moscow without observing social distancing. A Kremlin spokesman said that the military had their own isolation and distancing protocols which allowed them more freedom.

Spain sees slight spike in daily cases

Spain recorded 331 new deaths in the past 24 hours, up from Sunday's 288, while the political and social debate focuses on the way out of the seven-week lockdown. The total death toll stands on Monday over 23,500, while the number of infections is over 2,00,000.From Friday, people of all ages will be allowed to go on walks or practice sports outdoors, Prime Minister Pedro Sánchez has announced.

Singapore records drop in new infections

The tally in Singapore, which for long recorded over 1,000 cases daily, reached 14,423 on Monday after 799 new infections were reported with majority of them being foreign workers residing in dormitories. Around 3,00,000 low-wage workers, mostly from South Asia, work in Singapore in construction and maintenance. Most of them live together in huge dormitory complexes.

Russia reported more than 10,000 new cases of coronavirus infections on Sunday, the first time the country's daily tally reached five figures."More than half of the 10,633 new cases reported were in Moscow, where concern is rising about whether the capital's medical facilities will be overwhelmed. Russia has recorded more than 1,34,000 coronavirus infections overall and 1,420 deaths."

150 test positive in Kabul
Afghanistan's public health ministry announced Sunday that 500 random Coronavirus tests in the capital revealed more than 150 positive results, raising fears that the virus may be spreading faster than originally thought.

Ministry spokesman Wahid Mayar called the results from Kabul "concerning" and said people must remain in their homes to slow the spread. He said the country's actual infection rate would likely increase as testing becomes more available. Afghanistan has thus far taken close to 12,000 samples, of which over 2,700 have been positive, and 85 have died.

Kabul and most other cities are in lockdown. Afghanistan has also received more than 250,000 refugees who have returned from Iran, the country hardest hit by coronavirus in the region. There are growing fears that the country's health care system, devastated by four decades of war, will be woefully unprepared for a major outbreak.

Pakistan's COVID-19 tally crosses 19,000

Pakistan's COVID-19 tally crossed 19,000 on Sunday after 989 new patients were diagnosed in the past 24 hours. The Ministry of National Health Services said 23 patients died in this period, taking the total toll to 440. The authorities so far have conducted 2,03,025 tests, including 8,716 in the last 24 hours. Prime Minister Imran Khan on Saturday said he was not sure when the anti-COVID-19 vaccine will be available and expressed fears that "we may have to live with the virus for six months or (even) a year". He said the war against the pandemic can be won by wisdom and not by using force to shut down the masses.

657 more infected in Singapore

Singapore on Sunday recorded 657 new cases, over 600 of whom are foreign workers, taking the total number of COVID-19 infections to 18,205. "The number of cases among migrant workers has been fluctuating in recent days due to clearance of backlogged cases by one laboratory," the Health Ministry said. Singapore will allow some businesses to reopen from May 12.

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Indonesia is to hike its air departure tax for Soekarno-Hatta Airport, by far the country's busiest, from March 1.

Indonesia's Ministry of Finance is preparing a legislative response to ensure the collection of VAT on electronically supplied services to Indonesian consumers.

Shares of Asian Paints closed 1.01 per cent lower at 1,577against previous close of Rs 1593 on BSE

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.

The European Free Trade Association states – Switzerland, Liechtenstein, Norway, and Iceland – and Indonesia have signed a Comprehensive Economic Partnership Agreement (CEPA), which will slash tariffs on a majority of industrial goods.

Malaysia's controversial tourism tax looks set to be introduced on August 1, according to reports.

Malaysian Transport Minister Liow Tiong Lai revealed on July 19 that the Government is considering introducing a more modern, innovative way of levying road tax.

Malaysia is to use targeted tax breaks to support certain industries in this year's budget and in particular small and medium sized businesses, according to a government minister.

Malaysia has decided to keep the crude palm oil export duty at 5.5 percent next month, despite higher Indian taxes on imports, which are expected to dent demand.

The Consumers Association of Penang (CAP) has called on the Malaysian Government to reintroduce inheritance tax in the Budget 2018.

Malaysian authorities are developing draft legislation to level the tax playing field between online retailers and domestic bricks and mortar retailers.

Malaysia's Inland Revenue Board has denied allegations that it is more aggressively pursuing taxpayers affiliated with opposition political parties or their supporters.

The Malaysian Government in its Budget 2018 announced numerous tax changes, including an income tax cut, incentives for women to return to work, and tax relief for property investors and venture capital firms.

Prime Minister Najib Razak has defended the Government's decision to introduce a goods and services tax, claiming that the levy "saved" Malaysia from the fall in oil prices.

The Malaysian tax agency on December 1 released guidance on whether gifts provided for no consideration can be excluded from the goods and services tax net.

Malaysia's Inland Revenue Board on January 11, 2018, released guidelines on applying for the resolution of double tax cases through the Mutual Agreement Procedure.

Malaysia's tax agency has released Public Ruling No. 1/2018, setting out the goods and services tax rules concerning the sale of buildings on commercial land that are used for both residential and commercial purposes.

On March 26, 2018, Malaysia's tax agency announced that businesses can newly challenge late-payment penalties in respect of goods and services tax (GST) via the tax agency's online portal.

Malaysia has suspended its MSC Malaysia tax regime, pending changes to bring it into line with recommendations from the OECD's Base Erosion and Profit Shifting initiative.

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

Malaysia's 2019 Budget contains plans for an overhaul of sales and service tax rules and a corporate tax cut for small- and medium-sized enterprises.

Nearly three quarters of the sample reported having been "humorously" accused of promoting death; for example, being called "Dr. Death," in a recent survey of palliative care medicine practitioners.

Dengvaxia, manufactured by French pharmaceutical giant Sanofi, secured its first regulatory approval in Mexico a fortnight ago and is currently being

Indonesia has one of the highest burdens of dengue fever, in the world. Dengue fever has infected over half of all children in urban areas by the age of 5.

Asian tiger mosquito has been neglected as a source of Zika and dengue virus, as the threat was measured right after one feeding on infected blood. However,

Following the release of the 2020 Budget, the Indonesian Government has explained in greater detail its plans to reform the tax code to foster increased investment by foreign and domestic businesses.

Indonesia has reportedly tabled draft legislation in the House of Representatives to make wide-ranging changes to the tax system, including lowering the corporate tax rate and modernizing rules for digital economy players.

A culturally tailored multilevel strategy designed by scientists significantly increased human papillomavirus (HPV) vaccine uptake among low-income, mostly

New report underlines vulnerability of agriculture to climate hazards.

The International Rice Research Institute (IRRI) South Asia Office in India, convened a multi-sectoral panel discussion on - “Creating Sustainable Value Chains for Transforming Food Systems” on 4 Feb 2020, at the National Agricultural Science Complex in Delhi.

Countries in south Asia are bracing themselves for an onslaught of climate disasters, as if managing the novel coronavirus disease (COVID-19) pandemic is not enough.

Strengthening DFAT and AWP’s partnership with IWMI provides the opportunity for working more closely together on critical water challenges facing the region

What does male migration have to do with water scarcity in Central Asia?

About 60 percent of the region’s people are employed by the agricultural sector, which depends almost entirely on irrigation.

IRRI, WorldFish and IWMI have signed a 5-year agreement that provides the framework for cooperative research.

A study across 15 cities in South Asia, Africa and South America shows that water is inaccessible and unaffordable.

Mystery illness kills around 12 people in Malaysia, and death investigation is underway. Finding out the cause of death as soon as possible could save many lives.

Countries in south Asia are bracing themselves for an onslaught of climate disasters, as if managing the novel coronavirus disease (COVID-19) pandemic is not enough.

To fight extreme forms of female genital mutilation, a pair of American gynecologists suggested a controversial compromise to legally permit immigrant

A new Louisiana law was to require doctors at abortion clinics to obtain a formal affiliation with a local hospital. The Supreme Court has blocked these

In 2002, Belgium legalized the intentional ending of life by a physician at the patient's explicit request. The government introduced safeguards to protect

New genetic signature combining specific maternal and fetal gene variants are associated with a higher risk of preeclampsia, reports a new study. The

How isoflurane weakens the transmission of electrical signals between neurons at junctions called synapses is revealed in study published in the iJournal

A USAID-funded program has managed to reduce childbirth related deaths in Indonesia. A U.S.-funded initiative to improve quality of care and referrals

Key Highlights Most Impacted Factors During COVID-19 Common Measures During COVID-19 (>80% of the surveyors) Reduce Shift/Work Hours Freeze Hiring Encourage Employees to Take Annual Leave Reduce Operational Hours of F&B Outlets Suspension/Delay of C...