The Indian Newspaper Society, which petitioned PM Modi to grant a two-year tax holiday on media businesses, bump up DAVP advertisement rates and increase government's advertising outlay, has also urged the government to settle outstanding bills that central ministries owe to the Directorate of Advertising and Visual Publicity (DAVP), which in turn pays media organisations for running advertising campaigns for ministries.

Dues totalling more than Rs 350 crore have not been paid to DAVP by various central ministries despite repeated requests by the INS and the Association of Radio Operators of India, which have demanded release of outstanding money for the bleeding print and broadcast sectors.

Industry sources said some pending payments are related to ad campaigns nearly 4-5 years ago. The health ministry, sources said, owes over Rs 61crore to DAVP. The Advertising Agencies Association of India (AAAI) echoed INS's demand for a bailout package, requesting the government to allow advertisers to treat advertising money as investments and allow it to spread expenditure incurred in advertising over three years.

AAAI's demands for government intervention comes on the heels of persistent requests by media organisations to the Centre to clear outstanding DAVP dues and announce a bailout package for the industry. AAAI has sought the government's intervention to permit a loaded deduction of 200% on advertising expenditure, a move that is likely to encourage advertisers, both publicly listed and private, to advertise sooner and essay a faster economic recovery. In a letter to the Union government, the AAAI also demanded that the government clear its outstanding bills by way of income tax and GST refunds. To help the industry, AAAI said payments should not be taxed, and directions should be given to banks and advertising sector's debtors to provide cash flow to meet essential expenses.

Demands for relief packages have also been raised by Indian Broadcasting Foundation and News Broadcasters Association. While INS sought removal of 5% customs duty on newsprint, twoyear tax holiday for newspaper establishments, 50% increase in DAVP advertisement rates and 100% increase in budget spend for print media, NBA sought waiver of 18% GST on advertisements, or for it to be lowered to 5% to bring it on par with print media.

Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates.

Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news

The US-based National Bureau of Economic Research has released a new report that looks at which countries' taxpayers have the most wealth stored in so-called "offshore tax havens."

The South African Revenue Service has removed certain paper forms from its branches in an attempt to encourage more taxpayers to file tax returns electronically.

The European Parliament has begun its inquiry into the Panama Papers with a hearing with the investigative journalists behind the leak.

The total loss to EU member states from the schemes revealed in the Panama Papers could be in the region of between EUR109bn (USD119bn) to EUR237bn, according to a new study commissioned by the European Parliament's PANA committee.

French aircraft manufacturer Dassault Aviation has issued a statement on its tax arrangements in response to media coverage of the so-called "Paradise Papers."

Value-added tax avoidance will be considered by a new EU anti-tax avoidance committee, the creation of which is expected to be endorsed at an EU parliamentary plenary on March 1, 2018.

Pudumjee Paper Products Limited has informed the Exchange regarding 'Intimation regarding Operations Update of the Company under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.'.We would like......

To consider and approve the financial results for the period ended......

Company: HR Connect One Consultants
Experience: 10 to 20
location: Aurangabad
Ref: 24788218
Summary: we are looking for a person for paper sales for aurangabad location. a person should have good experience in paper sales and should from paper industry only.

This paper analyses the reform of Switzerland’s agricultural policy framework, which reoriented subsidies to better target policy objectives, including for biodiversity; and outlines the process involved in designing and implementing the reform as well as its environmental and socio-economic impacts. The country study draws on the 2017 OECD report The Political Economy of Biodiversity Policy Reform.

This study analyses publicly-mobilised private finance for climate action in South Africa, between 2010 and 2015. The mobilisation effect of public climate finance on private finance is estimated through an analysis and attribution of project-level co-finance data. A pilot-methodology then expands the analysis to also incorporate the mobilisation effect of financial support in two sectors: renewable energy and energy efficiency.

The Slovak Republic is a country with a limited natural resource base, an important manufacturing sector and rising materials consumption. Coherent polices that aim at increasing resource efficiency and achieving green growth are vital for sustainable growth and increased prosperity. This paper identifies a number of options for improving resource efficiency in the Slovak Republic.

Nitrogen run-off from farming and other land uses was threatening to undermine the pristine waters of Lake Taupo – New Zealand’s largest and most iconic lake – and to damage a range of economic and cultural activities. In 2011, the regional government introduced a water quality policy package. This bold policy experiment is unique: it is the only trading programme or market where diffuse sources of pollution operate under a cap.

This paper reviews the political economy of the Canadian province of British Columbia (BC) tax in three periods: its origins, its survival in the face of political backlash, and its longer-term prospects. The BC launched North America’s first revenue-neutral carbon tax reform. The tax, applied to all combustion sources of fossil fuels, was introduced at a rate of CAD 10 per tonne of CO₂.

This report reviews the literature on the impact of real-time information provision on consumer decision-making. In addition, it describes the results of a study in which about 7000 households in Ontario, Canada were provided with in-home displays linked to smart meters that provided real-time feedback on electricity consumption.

A detailed explanation of the methodology used to build the OECD PMR indicators

This paper considers the influence of taxes on the financial incentive to invest in human capital and explores the tax treatment of private investment by individuals and employers in post-compulsory education and lifelong learning in 31 OECD countries, India and South Africa.

As part of its project on transfer pricing simplification, the OECD has released a White Paper on Transfer Pricing Documentation. Comments of interested persons are requested by 1 October 2013.

"Tax Policy Landscape Five Years after the Crisis" discusses how tax policies have responded to fiscal and macroeconomic developments over the past five years and these longer-term structural economic developments on. "Tax Reform in the People's Republic of China" compares the tax system in China with the tax system in OECD countries and the tax reforms China and OECD countries have implemented in the past.

This paper describes the features of the tax, recounts the story of its interplay between fiscal adjustment and helping meet the obligations to raise taxes, and implications for competitiveness and carbon leakage, environmental effectiveness and equity issues, and draws conclusions regarding why it happened, and provides tentative insights for other countries in a similar situation.

On 30 July 2013, the OECD invited comments from interested parties on the White paper on Transfer Pricing Documentation, released as part of its project on transfer pricing simplification. The OECD now publishes the comments received.

This case study describes the approach taken to reduce NOx emissions from combustion plants, the challenges encountered and the social, environmental and economic impacts. It concludes by discussing the wider lessons that are raised for other governments seeking to develop similar policy responses.

This paper sets out four possible approaches to addressing the concerns over the lack of data on transfer pricing comparables expressed by developing countries.

This page shows a full table of comments received from the public on the Interim Draft Paper on Transfer Pricing Comparability Data and Developing Countries.

Proposals to increase environmentally related taxes are often challenged on competitiveness grounds. The concern is that value creation in certain sectors might decline domestically if a country introduces environmentally related taxes unilaterally. This paper provides evidence on the short-term competitiveness impacts of the German electricity tax introduced unilaterally in 1999.

The “Panama Papers” revelations have shone the light on Panama’s culture and practice of secrecy. Panama is the last major holdout that continues to allow funds to be hidden offshore from tax and law enforcement authorities

Government officials from around the world have called on the OECD to convene a special project meeting of the Joint International Tax Shelter Information and Collaboration (JITSIC) Network to explore possibilities of co-operation and information-sharing, identify tax compliance risks and agree collaborative action, in light of the “Panama Papers” revelations.

A special project meeting of the Joint International Tax Shelter Information and Collaboration (JITSIC) Network took place at the OECD in Paris on Wednesday 13 April, bringing together senior tax administration officials from countries worldwide to discuss opportunities for obtaining data, co-operation and information-sharing in light of the “Panama Papers” revelations.

Israel’s growing population and rising incomes have seen consumption increase substantially, bringing with it considerable pressure on the environment. One of the main environmental pressures is from the ever-increasing transport activity, especially the use of private vehicles. Although travelling in a private vehicle brings benefits to the individual using it, this entails costs to society as a whole.

This paper analyses the tax treatment of different employment forms for a set of eight countries: Argentina, Australia, Hungary, Italy, the Netherlands, Sweden, the United Kingdom and the United States. The analysis includes labour income taxes, capital income taxes, social contributions, and non-tax compulsory payments.

This paper explores one distinctive form of the ‘big data’ of economics – individual tax record microdata – and its potential for tax policy analysis. The paper draws on OECD collaborations with Slovenia and Ireland in 2018 where tax microdata was used.

Imports of (bop) - Pulp and Paper Stock in Canada increased to 279.80 CAD Million in March from 261.30 CAD Million in February of 2020. Imports of (bop) - Pulp and Paper Stock in Canada averaged 205.94 CAD Million from 1988 until 2020, reaching an all time high of 316.80 CAD Million in January of 2019 and a record low of 74.30 CAD Million in July of 1988. This page includes a chart with historical data for Canada Imports of (bop) - Pulp And Paper Stock.

Imports of (bop) - Paper and Published Products in Canada increased to 624.50 CAD Million in March from 610.50 CAD Million in February of 2020. Imports of (bop) - Paper and Published Products in Canada averaged 631.59 CAD Million from 1988 until 2020, reaching an all time high of 848.40 CAD Million in November of 2008 and a record low of 248.60 CAD Million in February of 1988. This page includes a chart with historical data for Canada Imports of (bop) - Paper And Published Products.

Public financial institutions (PFIs) are well-positioned to act as a key leverage point for governments’ efforts to mobilise private investment in low-carbon projects and infrastructure. This study identifies the tools, instruments and approaches used by five PFIs to directly support and scale-up domestic private sector investment in sustainable transport, energy-efficiency and renewable energy in OECD countries.

One of the more startling findings in the OECD Foreign Bribery Report, is that some level of corporate management was involved in over 50% of the cases sanctioned. This paper by Leah Ambler, published in the Journal of Business Compliance (01/2015), examines what went wrong and why from a corporate governance and compliance perspective.

This paper explores the role of state-owned enterprises (SOEs) in the low-carbon transition in OECD and G20 countries. It tracks GHG emissions and energy investments and analyses the impact of on investments in renewable electricity. A descriptive analysis of SOEs’ role in the electricity sector shows the importance of SOEs, including investments in both renewables and fossil-fuel-based electricity generation.

Improving labour market participation of people with mental health problems requires well-integrated policies and services across the education, employment, health and social sectors. This paper provides examples of policy initiatives from 10 OECD countries for integrated services.

Exports of Wood Pulp Paper & Paper Products in South Africa decreased to 1469.83 ZAR Million in March from 1976.95 ZAR Million in February of 2020. Exports of Wood Pulp Paper & Paper Products in South Africa averaged 1477.56 ZAR Million from 2014 until 2020, reaching an all time high of 2105.93 ZAR Million in August of 2016 and a record low of 623.79 ZAR Million in February of 2019. This page includes a chart with historical data for South Africa Exports of Wood Pulp Paper & Paper Products.

Imports of Wood Pulp Paper & Paper Products in South Africa decreased to 2195.04 ZAR Million in March from 2770.94 ZAR Million in February of 2020. Imports of Wood Pulp Paper & Paper Products in South Africa averaged 1943.22 ZAR Million from 2014 until 2020, reaching an all time high of 3987.84 ZAR Million in November of 2019 and a record low of 1030.39 ZAR Million in April of 2017. This page includes a chart with historical data for South Africa Imports of Wood Pulp Paper & Paper Products.

This report advances a “green investment policy framework” taking infrastructure investment as a starting point and looking only at climate change mitigation and adaptation. It highlights the significant opportunities and many challenges that exist today in both developed and developing countries to transition to low-carbon, climate-resilient (LCR) development through investment in both renovated and in new infrastructure.

This paper addresses several broad issues for governments aiming to encourage private sector investment in low-carbon climate resilient (LCR) infrastructure, in both developed and developing world contexts.

This paper analyses the effects of government policies on flows of private finance for investment in renewable energy. It also examines whether direct provision of public finance for a project increases the volume of private finance raised. The analysis covers 87 countries, six renewable energy sectors (wind, solar, biomass, small hydropower, marine and geothermal).

This working paper offers an evaluation of the performance of the ports of the Seine Axis (Le Havre,Rouen, Caen and Paris).

This paper is part of the regional development working paper series covering water governance in Latin America and the Carribbean (LAC) countries.

Investment treaties are often thought to be silent on investors’ responsibilities to host societies and on their contributions to sustainable development. This paper establishes a factual and statistical basis for understanding the relationship between investment treaty law and governments’ ability to advance the sustainable development agenda and promote responsible business conduct.

This paper examines shareholder claims for reflective loss under investment treaties in light of comparative analysis of advanced systems of corporate law; considers the impact of allowing shareholder claims for reflective loss on key characteristics of the business corporation; and explores possible responses by different categories of investors to the availability of shareholder claims for reflective loss under investment treaties.

One of the more startling findings in the OECD Foreign Bribery Report, is that some level of corporate management was involved in over 50% of the cases sanctioned. This paper by Leah Ambler, published in the Journal of Business Compliance (01/2015), examines what went wrong and why from a corporate governance and compliance perspective.

Exports of Pulp, Paper & Paper Products in Germany decreased to 1603631 EUR THO in February from 1617908 EUR THO in January of 2020. Exports of Pulp, Paper & Paper Products in Germany averaged 1470095.23 EUR THO from 2000 until 2020, reaching an all time high of 1819091 EUR THO in October of 2018 and a record low of 1002490 EUR THO in January of 2000. This page includes a chart with historical data for Germany Exports of Pulp, Paper & Paper Products.

Imports Intra Eu - Paper & Paperboard & Related Articles in the United Kingdom decreased to 281.39 GBP Million in February from 338.68 GBP Million in January of 2020. Imports Intra Eu - Paper & Paperboard & Related Ar in the United Kingdom averaged 897.65 GBP Million from 1996 until 2020, reaching an all time high of 85253.80 GBP Million in March of 2015 and a record low of 262.45 GBP Million in December of 2000. This page includes a chart with historical data for the United Kingdom Imports of Intra EU - Paper & Paperboard & Relate.