North and South Korean troops exchanged fire along their tense border on Sunday, the South’s military said, blaming North Korean soldiers for targeting a guard post.

The Swiss Federal Tax Administration has confirmed that it has transmitted its first spontaneous information reports on advance tax rulings to exchange of information partner states.

India head coach Ravi Shastri and his counterparts with the A and junior teams discussed future plans for their respective sides in an online interaction, making use of their time at home amid a national lockdown. National Cricket Academy (NCA) head Rahul Dravid was the man behind the initiative and senior team support staff comprising Shastri, bowling Bharat Arun and fielding coach R Sridhar were a part of this interaction last week.

"It wasn't an online coaching class. You can say it was an interaction where you give ideas and listen to the mindset and plans of other coaches. There has only been one such session but it is likely to be a regular affair," an NCA official told PTI. The online session was also attended by junior and NCA coaches including Paras Mhambrey, Narendra Hirwani, Abhay Sharma and Sitanshu Kotak.

"If senior coaches like Shastri, Arun and Sridhar are also part of the interaction, you are bound to learn something from their rich international experience," the official said. "At the moment, it is a lockdown so it was easier to organise this. It remains to be seen how often it can be done when things are normal and the Indian team is on duty," the official added.

The aim was to bring in more synergy in the work of national teams (senior, India A and under-19). All global sporting activity has come to a standstill due to the COVID-19 pandemic. There is no clarity when the Indian team will take the field next, having played last in New Zealand in the first week of March.

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North and South Korean troops exchanged fire along their tense border on Sunday, the South's military said, the first such incident since the rivals took unprecedented steps to lower front-line animosities in late 2018.

Violent confrontations have occasionally occurred along the border, the world's most heavily fortified. While Sunday's incident is a reminder of persistent tensions, it didn't cause any known casualties on either side and is unlikely to escalate, observers said. The Joint Chiefs of Staff in Seoul said in a statement that North Korean troops fired several bullets at a South Korean guard post inside the border zone. South Korea responded with a total of 20 rounds of warning shots on two occasions before issuing a warning broadcast, it said.

A preliminary South Korean analysis showed that the North firing wasn't likely a calculated provocation, though Seoul will continue examining whether there was any motivation for the action, a South Korean defense official said. The firing came a day after the North broadcast a video of Kim Jong Un reappearing in public after a 20-day absence.

S Korea refutes surgery rumour

North Korean leader Kim Jong Un did not undergo surgery or any other medical procedure, a South Korean official said on Sunday, amid speculation about his health that continues to linger even after he reappeared publicly. He refused to provide the basis for the intelligence assessment.

Glad Kim is back and well, says Trump

US President Donald Trump said Saturday he was "glad" about the reappearance of Kim Jong Un and that he is apparently healthy. "I, for one, am glad to see he is back, and well!" Trump tweeted, following Kim's first public appearance in nearly three weeks after rumours that he was seriously ill or possibly dead."

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This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever

Singapore has announced that it has activated automatic exchange of information relationships with a total of 61 territories, as part of global efforts to tackle tax evasion and fiscal crime.

Singapore's tax agency has made two announcements recently concerning the automatic exchange of information on foreign taxpayers' affairs, on the Common Reporting Standard and the US Foreign Account Tax Compliance Act.

Macau's Chief Executive has issued an order authorizing signature of the OECD Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information.

The Bermuda Government on January 31, 2018, updated the lists of the countries with which it will exchange country-by-country reports filed in Bermuda in 2018 and in 2019.

Malta's Commissioner for Revenue on January 2, 2020, issued a single set of guidelines on the automatic exchange of financial account information.

Switzerland is to amend its domestic framework for the automatic exchange of information, in line with recommendations made by the Global Forum on Transparency and Exchange of Information for Tax Purposes.

The OECD has reported on the progress achieved to improve tax transparency internationally under the new Common Reporting Standard (CRS), ahead of the meeting of G20 finance ministers in Fukuoka, Japan.

In a recent update, the Internal Revenue Service has announced that it has agreed a bilateral competent authority agreement with authorities in Spain to exchange country-by-country reports.

The Isle of Man Government has committed to enhancing the effectiveness of arrangements to share "beneficial ownership" information with the United Kingdom.

More than 20 jurisdictions have signed up to a pilot project to exchange data held on beneficial ownership registers and registers of trusts, according to UK Chancellor George Osborne.

The Swiss Federal Council has launched a consultation on a proposed new Ordinance on the International Automatic Exchange of Information in Tax Matters.

Syringe exchange programs prevented 12,483 new cases of HIV over a ten-year period, saving millions of dollars every year in Philadelphia and Baltimore, according to a new study.

Community health information exchanges can help the members of the community by providing information useful to a particular patient. They have also been

The Joint Chiefs of Staff in Seoul issued a statement saying that North Korean troops fired several bullets at a South Korean guard post inside the border zone at 7:41 am today.

Among four Naxals, were two women, who were also killed when a team of security forces was out on a counter-insurgency operation.

In a boost for international efforts to strengthen co-operation against offshore tax evasion, seven new countries have joined the agreement to exchange information automatically under the OECD/G20 standard.

In a boost for international efforts to strengthen co-operation against offshore tax evasion, seven new countries have joined the agreement to exchange information automatically under the OECD/G20 standard.

We no longer talk about commitments to change; today, we are making change happen. We are implementing the now universally accepted international standard of transparency and exchange of information, said OECD Secretary-General.

Ms. Monica Bhatia has been appointed Head of the Secretariat of the Global Forum on Transparency and Exchange of Information for Tax Purposes. She will take up her duties on 1 April 2012.

Furthering its efforts to strengthen international tax co-operation, the OECD has issued two new reports on automatic exchange and tax confidentiality. The report on automatic exchange of information describes what it is, how it works, where it stands and what challenges remain. The report on confidentiality of information exchanged examines all aspects of ensuring the protection of information exchanged for tax purposes.

Guatemala has signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters allowing it to be removed from the list of countries that have not yet substantially implemented the internationally agreed tax standard.

The Global Forum on Transparency and Exchange of Information for Tax Purposes (referred to as "the Global Forum"), has released its peer review reports for Belize, Finland, Iceland, Nauru, Poland, Portugal, Sweden and Turkey.

OECD Secretary-General Angel Gurria has presented a report to G20 Finance Ministers and Central Bank Governors that highlights measures to ensure that all taxpayers pay their fair share.

The Global Forum is looking for a Tax Policy Analyst

The OECD has presented to G8 leaders the steps needed to create a fairer and more transparent global tax system.

The Global Forum on Transparency and Exchange of Information for Tax Purposes has released peer review reports assessing the tax systems of 13 jurisdictions for information exchange.

Vast amounts of money are kept off-shore and go untaxed. The more we do to combat tax fraud and evasion, the more resources we will have to finance growth-enhancing public investment, restore the health of public finances, and put the euro area economy back on a sustained and long-term recovery, said OECD Secretary-General.

The international community has taken new steps to strengthen transparency and boost the comprehensive exchange of information between governments worldwide.

Offshore tax evasion remains a serious problem for countries and jurisdictions worldwide, with vast amounts of funds deposited abroad and sheltered from taxation when taxpayers fail to comply with obligations in their home countries.

OECD Secretary-General Angel Gurría has welcomed moves by more than 40 countries – reinforced by EU leaders - to commit to a detailed timetable to step up the fight against tax evasion.

Bank secrecy for tax purposes is coming to an end as countries and major financial centres commit to automatic exchange of information between jurisdictions.

Andorra has become the 48th signatory to an OECD Declaration that commits countries to end bank secrecy for tax purposes.

Taking an important step towards greater transparency and putting an end to banking secrecy in tax matters, the OECD today released the full version of a new global standard for the exchange of information between jurisdictions.

The new OECD/G20 standard on automatic exchange of information was endorsed today by all OECD and G20 countries as well as major financial centres participating in the annual meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes in Berlin. A status report on committed and not committed jurisdictions will be presented to G20 leaders during their annual summit in Brisbane, Australia on November 15-16.

In a boost for international efforts to strengthen co-operation against offshore tax evasion, seven new countries have joined the agreement to exchange information automatically under the OECD/G20 standard.

Keeping tax transparency high on the agenda of Governments and taking steps to ensure a worldwide level playing field will top the agenda during the 8th meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes, in Bridgetown, Barbados on 29-30 October 2015.

On 17 December 2015 Greenland signed the Multilateral Competent Authority Agreement‎, re-confirming its commitment to implement automatic exchange of financial account information in time to exchange in 2017.

Malaysia today signed the Multilateral Competent Authority Agreement‎, re-confirming its commitment to implement automatic exchange of financial account information in time to commence exchanges in 2018.

In a continued effort to boost transparency in international tax matters, the OECD has today released its standardised electronic format for the exchange of Country-by-Country (CbC) Reports between jurisdictions – the CbC XML Schema – as well as the related User Guide.