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Tax-News.com: BRICS Summit Ends With Tax Commitment

The BRICS countries – Brazil, China, Russia, India, and South Africa – closed out a recent summit with an agreement on supporting one another, and developing nations, with tackling tax evasion and plugging opportunities for tax avoidance.




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Investment Avenues (Aparna)

Helloi want to compare the various investment avenues using risk and return as the two parameters. Please tell me the methods that can be used for comparison...




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Michael Vaughan's cheeky comment to Ravindra Jadeja's swordsmanship post

As all-rounder, Ravindra Jadeja shared a video to show-off his swashbuckling swordsmanship, former England skipper Michael Vaughan left a cheeky comment on the Instagram post.

Jadeja had shared a video on Instagram on Sunday to show off his trademark swordsmanship. However, taking the note of the grass in Jadeja's lawn, Vaughan replied: "Your grass needs a mow rockstar".

On Sunday, the left-handed Jadeja was displaying various moves with the sword in the video posted on Instagram.

 
 
 
View this post on Instagram

A “SWORD” MAY LOOSE IT’S SHINE,BUT WOULD NEVER DISOBEY IT’S MASTER. #rajputboy

A post shared by Ravindra Jadeja (@royalnavghan) onApr 12, 2020 at 6:45am PDT

The cricketer is very-well trained in swordsmanship and he has also made it popular by swinging his bat like a sword in cricket matches whenever he crosses the mark of 50 or 100.

Last week, Australian batsman David Warner had also shared a throwback video from the last year's Indian Premier League (IPL) in which he was swinging his bat like a sword.

The SunRisers Hyderabad skipper was swinging the bat like a sword for a commercial and he immediately broke into laughter once the director said cut.

Warner had also asked the fans to give their opinion on as to how he did as compared to Jadeja.

With the country battling COVID-19, all sporting activities have been either postponed or stand cancelled. The upcoming Indian Premier League (IPL) has also been suspended till April 15.

Jadeja is part of the IPL franchise Chennai Super Kings and he would have been in action if the tournament had started as planned on March 29.

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India qualify for 2021 ICC Women's World Cup

Indian women's cricket team has qualified for the International Cricket Council (ICC) Women's ODI World Cup 2021, the cricket governing body announced on Wednesday. "The ICC Women's Championship Technical Committee (TC) has decided that teams will share points in all three series in the ICC Women's Championship that did not take place during the competition window," the ICC said in a statement.

The series between India and Pakistan could not be played because of a 'Force Majeure' event after the Board of Control for Cricket in India (BCCI) demonstrated that it was unable to obtain the necessary government clearances to allow India to participate in the bilateral series against Pakistan that forms part of the ICC Women's Championship.

Also, the coronavirus pandemic forced the cancellation of two series. South Africa was to host Australia and Sri Lanka was to host New Zealand in the last round of matches. New Zealand, the hosts of the World Cup 2021, and four highest-placed team on the ICC Women's Championship points table, has qualified for the premier tournament.

Australia topped the table with 37 points followed by England (29), South Africa (25) and India (23). Pakistan (19), New Zealand (17), West Indies (13) and Sri Lanka (5) completed the table. The ICC Women's Cricket World Cup Qualifier is scheduled to be played from 3-19 July in Sri Lanka, this is subject to review due to the COVID-19 pandemic.

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Kris Srikkanth: Michael Clarke's 'sucked up to Kohli' statement is ridiculous

Asserting that sledging cannot help teams win matches, former India batsman Krishnamachari Srikkanth has rubbished Michael Clarke's claims that the Australian team were being nice to Virat Kohli's men during the 2018/19 Test series Down Under. "You do not win matches just by sledging. Aussie's loss is a loss, his (Clarke) statement was ridiculous I would say," Srikkanth said while speaking on Star Sports 'Cricket Connected' show. "If you ask Nasser Hussain or Sir Vivian Richards who are experienced players, you can never score runs or get wickets through sledging.

"You need to play good cricket and showcase determination; you need to bowl well to get wickets and bat well to achieve targets. Sledging cannot help in any way according to my opinion," he added. Clarke had also said current Australian players were too scared to "sledge" Kohli and in order to protect their million dollars IPL deals, they "sucked up" to the India captain which resulted in their cricket becoming "soft".

However, former India batsman VVS Laxman feels players can't win an IPL contract by just being nice to a particular player. "Just by being nice to someone doesn't get you a place in IPL. Any franchise will look at the player's calibre and value add to the team, which gives them desired results by winning matches/tournaments," Laxman said while speaking on the same show.

"These are the kind of players who get IPL contracts. So just being nice to someone will not earn you a spot in the IPL," he added.

Kohli's men had become the first-ever Indian team to register a Test series win in Australia in 2018-19. It was the first time since 1947, that India were able to register a Test series victory in Down Under as they defeated the Tim Paine-led side 2-1 in the four-match rubber.

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Stats man Mohandas Menon's discovery is worth looking into

YouTube is becoming more than just a great ally during the Coronavirus-caused lockdown. On Friday, ace cricket statistician Mohandas Menon stumbled upon something that could force a change in the record books if dug deeper.

Menon happened to watch a Pathe Films news clip of the 1936-37 Ashes Test in Brisbane, where Gubby Allen’s Englishmen were in early trouble against Don Bradman’s Australia on a sticky wicket.

Arthur Fagg, who came in at the fall of TS Worthington’s wicket, is seen being caught by a short midwicket fielder. However, in the scorecard of that Test, Fagg is mentioned as caught behind by Bert Oldfield off Ernest McCormick for four.

Worthington departed, caught by Oldfield off the first ball in the Test.


Arthur Fagg

“While watching the 1936/37 #Ashes series - the 1st Test at Brisbane (4 Dec 1936), I find that England’s Arthur Fagg in the first innings was caught by a fielder at short mid-wicket and not by wicketkeeper Bert Oldfield. But all sources since then, ie in the last 83-and-a-half years have recorded it in the scorebooks as ‘caught Oldfield’. Time to change this error,” wrote Menon on his Facebook page. When this writer asked Menon what made him compare the footage to the scorecard, he replied: “Usually, when I watch old film clippings, I keep the scorecard ready so I can match the unknown players who are batting, bowling or fielding.”

There is a small possibility that the producers of the newsreel may have got the batsman wrong and the scorecard is right, but with Australians being no slouches when it comes to digging up archives (one Aussie recently found coloured footage of Bradman’s last competitive game at the Sydney Cricket Ground in February 1949 in his garage), this case is worth digging up. If the footage is right, will there be a change in Oldfield’s 130 Test dismissals?

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Aaron Finch prepared for T20 World Cup postponement

Australia's limited-overs captain Aaron Finch feels the dreaded COVID-19 pandemic might lead to a postponement of this year's T20 World Cup by up to three months.

The T20 World Cup is scheduled in Australia from October 18 to November 15. Finch doesn't see that holding up given the current health crises affecting lakhs of people worldwide. "I think we might have to get our heads around a T20 World Cup that might be postponed for a month, two months, three months, whatever it has to be," Finch told 'SEN Radio'. Finch said he wouldn't mind seeing the game resuming without fans once the pandemic is brought under control.

"But as long as we can get live sport up and running. Whether that's with crowds or not, I don't think that makes any difference to the players. "We played one ODI against New Zealand with no crowd (and it) was really strange for first four or five overs, but then you got into your work," he said. Apart from the T20 World Cup, Australia is also set to host India for a bilateral series which includes a four-Test rubber. The ICC's Chief Executives Committee (CEC) is meeting on Thursday to discuss the financial implications of COVID-19 and also the contingency planning for all ICC global events, including the T20 World Cup, over a conference call. Finch feels authorities will need to be "creative" while rejigging the international schedule.

"I think we might have to get a little bit creative with how we do that (as part of a new-look schedule). Whether that's setting up and playing two Test matches in one hub or something like that," he said. Fast bowler Josh Hazlewood had suggested that the entire Border-Gavaskar Trophy be held at one venue -- the Adelaide Oval -- to ensure that the rubber does go ahead. Cricket Australia is exploring options to save the series in the wake of the pandemic which has led to global travel restrictions as well.

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Sachin Tendulkar's birthday: Relive some moments with the master

Across the 22 yards for 24 years, Sachin Ramesh Tendulkar almost single-handedly captivated the beautiful game of cricket. Be it in his debut match against Pakistan on November 15, 1989, to his swansong at the Wankhede Stadium in 2013, the legend from Mumbai became an image of inspiration, an idol of reverence and a man of honour! It was Tendulkar who was solely responsible to transform the game into a religion in a land of diverse faiths and beliefs. The game eventually grew richer with chants of ‘Sachin Sachin’ reverberating across every venue worldwide as SRT soon became a phenomenon that would only grow stronger.

To celebrate a glorious career on the Little Master’s 47th birthday on Friday, April 24th, 2020, Star Sports, India’s leading broadcaster, has lined up a day-long list of programmes that would make any Sachin or cricket fan salivate. From his historic innings on his debut as an opener in ODIs, to his last interview at the Wankhede weeks after he played his final match, get ready to walk down memory lane with the best of Sachin Tendulkar!

2003 India vs Pakistan World Cup match – When Sachin Tendulkar tamed the likes of Wasim Akram, Waqar Younis and Shoaib Akhtar

It seems only yesterday, but it’s been 17 years since Tendulkar’s iconic 98 guided Team India to yet another victory over Pakistan at the Centurion on March 1, 2003. Pakistan captain Waqar Younis called it right at the toss on that fateful day and opted to bat. Bombastic opener Saeed Anwar’s scintillating century powered Pakistan to 273 for 7 which was a formidable target in those days.

Then came an epic chase where Virender Sehwag and Sachin Tendulkar opened the innings for Team India. After a few nervy moves, Tendulkar smashed Wasim Akram past cover for a boundary. What was special about that shot was Tendulkar’s footwork, a backfoot punch that was pure class! Sehwag too got into the act and launched a few lusty blows before being dismissed for 21 off 14. Up came Mohammad Kaif, who turned out to be the perfect partner for Tendulkar. Despite suffering a bout of cramps, Tendulkar stitched a 100-run partnership, with Kaif scoring 31, as the duo put Team India in total control. Tendulkar’s cramps became unbearable and Sehwag soon was called to be his runner, but it was short-lived as he ended up on 98 in what was a valiant innings decorated with 12 boundaries and a six. India won that match by 6 wickets and Tendulkar received his Man of the Match award. It’s been more than a decade, but the discussions still exist! Watch this entire match from 11 AM IST.

Following an exciting contest, viewers can get a chance to understand what was going on in Sachin’s mind as he doles tales about his retirement in a special interview shot at the Wankhede Stadium weeks after his final match. Watch this interview from 6.30 PM.

Sachin open's again! Revisit his iconic debut opening in ’94 against New Zealand

A stunning tactical move by then captain Mohammad Azharuddin to promote Sachin Tendulkar to open the innings along with Ajay Jadeja led to a significant turning point in the Master Blaster’s career. The day: March 27, 1994. It was in the 5th match of the series against New Zealand in Auckland when Azhar pulled off a stunning move and asked Tendulkar to open because India's regular opener Navjot Sidhu had a stiff neck. The rest is history! Tendulkar took the Kiwi bowling attack - Danny Morrison and Chris Pringle to the cleaners, as he smashed 82 off 49 balls, with a whopping 15 boundaries and 2 sixes to his credit. Team India won the match by 7 wickets with 160 balls to spare. Watch highlights of this memorable knock at 7 PM IST.

Celebrate Master Blaster Sachin Tendulkar’s birthday on 24th April from 11 am onwards only on Star Sports

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VVS Laxman conducts first online session for Bengal batsmen

Former India player VVS Laxman on Tuesday conducted his first online session for batsmen of Ranji Trophy runners-up, Bengal, and to start with, he focussed only on the mental aspect. During his two separate 45-minute sessions with Abhishek Raman and Kazi Junaid Saifi, Laxman also had in attendance Bengal coach Arun Lal, cricket operations manager Joydeep Mukherjee, and state U-23 coach Sourasish Lahiri. Bengal opener Raman, who frittered away a bright start last season, was given lessons on how to deal with failures and ways to regain confidence. "We talked about our last season. What were my mindset through the season."

A session with lot to learn from and how to prepare the mindset during ups and downs of the season," Raman said in a statement issued by the Cricket Association of Bengal. Raman started the season with successive hundreds, against Kerala and Andhra, but eventually aggregated 406 runs at 25.37 from 10 outings. Laxman talked about how to control the mind in order to avoid playing loose shots, importance of batting in the the first one hour of play on bowling friendly pitches. Rookie batsman Kazi, who made his debut and went on to play two matches, was told about how to ensure a seamless transition from age-group to senior cricket. "It was a very useful and important session today. Laxman sir was sharing his experience with me, how it is normal to be nervous, to be doubtful but at the same time one need to keep faith in himself and his abilities.

"What I learnt is that cricket is a learning process and you have to be consistent in your thought and preparation," Kazi said. The CAB will continue with its online classes with focus being on their top-order batsmen, their biggest letdown in an otherwise eventful season when they reached their first Ranji Trophy final in 13 years. But their dream to lift the title for the first time since 1989-90 remained unfulfilled with the team's top-order batting failing to rise to the occasion against Saurashtra. CAB president Avishek Dalmiya said this exercise is the way forward at a time when the world is under lockdown owing to the COVID-19 pandemic. "Our cricketers are at home yet working out under the guidance of the trainers. We also need to keep them in the proper frame of mind. "And the right way to do it was to engage them with mentors and coaches who would analyse their performances from the previous season and chalk out ways to overcome the challenges," he said.

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Defamation case, criminal proceedings against Shoaib Akhtar for comments

Shoaib Akhtar has yet again landed himself into trouble after PCB legal advisor Tafazzul Rizvi filed a criminal as well as defamation suit against the former fast bowler for his allegedly inappropriate comments against him in a YouTube show. Rizvi, the long serving legal advisor of the board, made it clear he had initiated defamation and criminal proceedings against Akhtar and also lodged a complaint with the Federal Investigation Agency under its cyber crime laws.

In the legal notice sent to Akhtar, Rizvi highlighted legal charges and punishments awarded to the former fast-bowler throughout his career. He also demanded that he retracts his statements, tendean unrs conditional apology, pays PKR 100 million in damages and refrains from repeating and making defamatory remarks against the lawyer in the future. Akhtar, who did a video on the three year ban imposed on the controversial Umar Akmal has also ended up irking the Pakistan Bar Council which in a statement cautioned him to be careful with his words while talking about the legal fraternity. The council in particular said it was disappointed to hear the comments Akhtar had made about Rizvi, a respected member of the legal fraternity. "Shoaib Akhtar should be very careful in his discussions on matters pertaining to the legal community," the statement said. The Pakistan Cricket Board said it was disappointed with Akhtar's poor choice of words while commenting about its legal department.

"The language used by Akhtar was highly inappropriate and disrespectful, and cannot be condoned in any civilised society. The PCB's legal advisor, Mr Taffazul Rizvi, in his own discretion, has initiated defamation and criminal proceedings against Shoaib Akhtar, while the PCB too reserves its rights." Akhtar, who has also got into trouble in the recent past because of his YouTube channel, defended Umar in his video and criticised the three-year ban on him imposed by the PCB Disciplinary Panel. He also mocked Tafazzul Rizvi and questioned his legal experience, claiming he (Tafazzul) always only complicated matters between the board and players.

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That's the Mahi way! Rishabh Pant talks about mentor MS Dhoni

Calling MS Dhoni his mentor, wicketkeeper batsman Rishabh Pant said the World Cup-winning skipper has his own way of helping the younger crop as he never provides a full solution to a problem, encouraging them to look for answers. Pant, was heir apparent to Dhoni until KL Rahul emerged as a wicketkeeper-batsman in the limited overs format, making the southpaw no more a certainty in the playing XI.

Mentor MSD

"He [Dhoni] has been like a mentor to me, on and off the field. I can approach him freely with any problem I may be facing, and he will never give me the entire solution for it," Pant said in an Instagram live session with his IPL team Delhi Capitals. "This is so that I don't become entirely dependent on him, he gives me hints only that helps me solve the issue myself. He's also one of my favourite batting partners, though we don't bat together often.

Perfect planning

"If Mahi bhai is at the crease, you know things are sorted. He's got a plan in his head, and all you need to do is follow it!" Dhoni, who has not played competitive cricket since July, was supposed to make a much awaited comeback with the IPL, which has now been postponed indefinitely due to the COVID-19 pandemic.

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Stuart Broad: Cricket's return depends on UK government

England fast bowler Stuart Broad said that the UK government will have a big role to play in dictating the return of cricket in the country post the coronavirus pandemic. Broad however said that he personally does not feel nervous about playing whenever he is needed to.

"Cricket will literally be governed by the government. It's not as though the ECB (England and Wales Cricket Board) are going to have to be lone wolves and decide when we get back out there," Broad is quoted as saying by Daily Mail.

"The government will give the go-ahead and then us players will have to make sure we are in the physical capability to get match fit. I know how I feel about not seeing live sport and I know how much joy live sports brings me. So the players' responsibility is to make sure we are ready to go at the drop of a hat," he said.

Manchester City forward Sergio Aguero had said that many footballers were nervous to get back to playing because of the threat of the virus. Broad however said that he trusts medical staff fully and is not nervous because of that.

"I know everyone feels very differently about this. Sergio Aguero has been talking about how nervous the players would be. Personally, I wouldn't be," said Broad.

"I have huge faith in our medical team at the ECB. I have known Nick Peirce, the chief medical officer, for a long, long time and I have full faith in what he and his team believe is right for cricket.

"Yes, we all want to see cricket being played whether it is behind closed doors and just on TV or in front of spectators. And I know that the England doctors I've worked with over a long period of time would not cut corners to make it happen.

"So if one of Nick or Gurjit Bhogal, our current England team doctor, rings and tells me 'I think this is a good way to do it,' I will 100 per cent trust what they are saying."

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Pakistan legend Mohammad Yousuf picks his favourite Indian batsmen

Amidst the break from cricketing events due to the COVID-19 pandemic, legendary Pakistan cricketer Mohammad Yousuf picked his favourite Indian batsman of the current era.

During a recent Question and Answer session on social media with fans, Yousuf was asked to name his favourite Men In Blue cricketer.

The legendary middle-order batsman then picked Indian skipper Virat Kohli and swashbuckling batsman, Rohit Sharma, as his favorite cricketer.

Rohit, who is now the vice-captain of the ODI team, has played 224 ODIs, 108 T20Is, and 32 Tests so far. The limited-overs vice-captain has so far scored 14,029 runs across all formats.

In the longest format, he has also reinvented himself as the batsman started opening the batting in Test cricket last year. Rohit is the only player in the world to have three double tons to his name in ODI cricket.

He also holds the record for the highest individual score in the 50-over format as he played a knock of 264 runs against Sri Lanka at the Eden Gardens.

On the other hand, Kohli is widely hailed as the run-machine and has many records under his belt.

In 86 Test matches, he had 7,240 runs studded with 27 centuries and 22 half-centuries. In 248 ODIs, he has amassed 11,867 runs with an average of 59.33.

In the shortest format of the game, he has played 82 games in which he slammed 2,794 runs at an average of 50.80 with the help of 24 fifties.

Both Rohit and Kohli would have been in action for their respective franchise had the Indian Premier League (IPL) commenced from March 29.

However, the tournament has been suspended indefinitely due to the coronavirus pandemic.

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Shardul Thakur: I'm already there mentally

India pacer Shardul Thakur, 28, cannot remember when he last spent a summer break at his home in Palghar, where he is catching up with old neighbours and childhood friends thanks to the Coronavirus-caused lockdown. Thakur was in the Indian team for their last ODI series before the lockdown—three games in New Zealand—where the hosts won 3-0. In three games, Thakur claimed four wickets including 2-60 while opening the bowling in the second ODI at Auckland. It was in this game that he slammed a 15-ball 18 (3x4) at No. 8, but it couldn't help India cross their 274-run target; Virat Kohli's men falling short by 22 runs.

Thakur has played a solitary Test (against the West Indies at Uppal in 2018), but a groin strain restricted his participation to just 10 balls. He has played 15 T20 internationals but has yet to establish himself in the team, partly due to injuries.

Apart from providing a lowdown on his lockdown schedule, Thakur opened up on his batting evolution, his aim of becoming a bowling all-rounder, the hot debate about applying saliva on the ball and his views on social media trolls.

Edited excerpts from the interview.

How are you dealing with the lockdown?

I can do sprints in my backyard. There are certain workouts that can be done inside, which I do regularly. In my verandah, I practise my action from just one or two steps. The purpose is to ensure my body and mind do not forget what I have been doing. When I step on the field, these drills will make it a bit easier to start again. It will be very difficult if I don't do anything during the lockdown.

You played some useful knocks during the T20Is against Sri Lanka and the limited-overs series in New Zealand. How has your batting evolved?

I have either batted at No. 9 or 10 for Mumbai. There were some guys, who never believed in my ability but when I played under coach Chandrakant Pandit, I made some useful contributions with the bat. He encouraged me to focus on my batting. But unfortunately, he left. I kept telling the Mumbai team management that I can bat at No. 8, so we don't need an extra batsman to increase the depth in the batting. But there are a lot of other factors that determine that [playing XI]. Honestly, I always feel I got very less opportunity with the Mumbai team to prove my worth as a batsman. To be a bowling all-rounder, I expect my state team to promote me. During the injury period [foot surgery], I decided to make a conscious effort to bat. I would visualise various situations to bat in and what would be my approach. In the Indian team, they always back me and I've been told that I will bat at No. 8.

How did the Indian team management come to know about your batting ability?

I practised in the nets. The team management believed that I could bat and always encouraged me. They saw my potential, my hunger, and backed me. There was a conscious effort in the nets, genuinely wanting to contribute in other depart-ments for the Indian team.

Are you aiming for an all-rounder's role?

In my head, I am already a bowling all-rounder, but I have to dish out some strong performances for the people to recognise it. I will have to go out there and prove it. That's the plan.

What's your view on avoiding the use of saliva or sweat on the ball as a Coronavirus-related precaution?

I am pretty okay avoiding saliva on the ball for some time, till COVID-19 [pandemic] settles down completely. The dynamics of bowling will definitely change, there is no doubt about it. But the sport has always evolved, so I am sure some new ideas will come up; within the rules of the game of course.

You were trolled after going for 227 runs in the three ODIs v NZ. This happened after a decent performance in the T20I series [eight wickets in five matches v Kiwis]…

I am new to the international circuit; I'm learning. It has been an up and down curve, but what I get to learn from it is important. I have no problem with people criticising me, but there are our family members, near and dear ones on social media as well and they also read the abuse and harsh language against us [players]. The family gets affected the most as they are not used to it. So, they [trollers] should think twice before writing anything on social media.

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Mumbai groundsmen, umpires, scorers continue to receive help

Help continues to flow for virtually out-of-work cricket groundsmen in the city knocked down by the Coronavirus-caused lockdown.

Former Mumbai left-arm spinner and current Mumbai under-19 coach Rajesh Pawar, a product of maidan cricket, was at Shivaji Park on Thursday, distributing grocery packets to 16 groundsmen. "I spoke to a few of them over the phone, learnt about their situation and decided to do something about it. It's a small help from my side," Pawar told mid-day.

"I got a lot of calls after my friend Mandar Phadke [ex-Mumbai batsman] posted a picture of me distributing the packets on social media. Some said they are willing to help and I think we should all come forward to help the groundsmen and needy persons in this crisis," remarked Pawar. Each groundsman got four kilos of rice, a kilo of tur dal, two kilos of sugar, one litre of cooking oil and 250 gms of tea powder.

Mumbai Cricket Association (MCA) Apex Council member Nadim Memon also distributed groceries to groundsmen at Dadkar Maidan in Matunga, Azad Maidan, Cross Maidan and Oval Maidan. He also provided them financial assistance. Memon handed out cooking oil, wheat and other essentials that will last the groundsmen a month.

Meanwhile, a group of match officials headed by former Mumbai Cricket Association (MCA) managing committee member and BCCI umpire, Ganesh Iyer, who has been providing financial assistance to umpires and scorers ever since the lockdown began, helped a further 32 officials with Rs 1,500 each. Last month, 62 needy individuals (47 umpires and 15 scorers) were given Rs 3,000 each. Financial help in two more installments were granted to needy umpires and scorers apart from groceries. According to Iyer, the total expenditure towards this cause is around R4,78,000. "We thank all our contributors. Without their benevolence and support, we could not have done our bit," said Iyer.

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'Governments should support news media as essential service'

The UNESCO has said news media should be recognised and supported by all governments as an "essential service" to stop the COVID-19 "disinfodemic" that is putting lives at risk. "There seems to be barely an area left untouched by disinformation in relation to the COVID-19 crisis, ranging from the origin of the coronavirus, through to unproven prevention and 'cures', and encompassing responses by governments, companies, celebrities and others," Guy Berger, Director for Policies and Strategies regarding Communication and Information at the UN educational, Scientific and Cultural Organization (UNESCO), said in an interview with the UN News.

According to the UN, unreliable and false information is spreading around the world to such an extent that some commentators are now referring to the new avalanche of misinformation that's accompanied the COVID-19 pandemic as a "disinfodemic". Berger said UNESCO is particularly urging governments "not to impose restrictions on freedom of expression that can harm the essential role of an independent press, but to recognise journalism as a power against disinformation even when it publicises verified information and informed opinion that annoys those in power. "There is a strong case to be made that the media deserves to be recognised and supported by governments as an essential service at this time." He stressed that the need of the hour is to improve the supply of truthful information and ensure that the demand is met.

"We are underlining that governments, in order to counter rumours, should be more transparent, and proactively disclose more data, in line with Right to Information laws and policies. Access to information from official sources is very important for credibility in this crisis. "However, this is not a substitute for information supplied by the news media, so we are also intensifying our efforts to persuade authorities to see free and professional journalism as an ally in the fight against disinformation, especially because the news media works openly in the public sphere, whereas much disinformation is under-the-radar, on social messaging apps," Berger said. The UNESCO official also pointed to a more harmful example of disinformation: encouraging the taking of medication, approved for other purposes, but not yet clinically proven as being effective against COVID-19. He said unfortunately some have capitalised on the pandemic, to spread disinformation for the purposes of advancing their own agendas.

"The motives for spreading disinformation are many, and include political aims, self-promotion, and attracting attention as part of a business model. Those who do so, play on emotions, fears, prejudices and ignorance, and claim to bring meaning and certainty to a reality that is complex, challenging and fast-changing," Berger said. He said in a time of "high fears, uncertainties and unknowns", there is "fertile ground for fabrications to flourish and grow". The big risk is that any single falsehood that gains traction can negate the significance of a body of true facts.

"When disinformation is repeated and amplified, including by influential people, the grave danger is that information which is based on truth, ends up having only marginal impact," he said. Berger noted that some people believe, wrongly, that young people or those of African descent are immune (some disinformation has a racist, or xenophobic, tone), and that those in warm climates or countries where summer is on its way, do not need to worry too much. The likely consequence, he said, is complacency, which could fuel more premature deaths. However, not everyone responsible for spreading untruths is doing so maliciously and well-intentioned people are also uncritically circulating dubious content, the UNESCO official said.

"These different motives require different responses, but we should not lose sight of the fact that, irrespective of intention, the effect of sharing falsehoods is to disinform and disempower the public, with deadly potential," he said. UNESCO has underscored that the rights to freedom of expression and access to information are the best remedies to the dangers of disinformation. These rights "enable governments and the public to take evidence-based decisions about reality, and to put in place responses that are founded on both science and human rights values, and which can get us through the pandemic in the best way", Berger said.

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Saudi Arabia to put an end to flogging as a form of punishment: SC

Saudi Arabia is to abolish flogging as a form of punishment, according to a directive from the Kingdom's Supreme Court, adding that flogging will be replaced by imprisonment or fines.

The directive issued on Friday says this was an extension of human rights reforms brought by King Salman and his son, the country's de facto ruler Crown Prince Mohammed bin Salman, reports the BBC.

The last time that flogging in Saudi Arabia hit the headlines was in 2015 when blogger Raif Badawi was subjected to the punishment in public, reportedly after being convicted of cybercrime and insulting Islam.

He had been due to receive 1,000 lashes in weekly beatings but global outrage and reports that he nearly died put a stop to that part of his sentence.

This comes as campaigners have said that Saudi Arabia has one of the worst records for human rights in the world, with freedom of expression severely curtailed and critics of the government subject to what they say is arbitrary arrest, the BBC reported.

Earlier on Friday, the most prominent Saudi human rights campaigner died in jail after a stroke which fellow activists say was due to medical neglect by the authorities.

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Boris Johnson: Moment of maximum risk, be patient

Prime Minister Boris Johnson on Monday warned against relaxing the Coronavirus restrictions too soon as the country was still facing a moment of "maximum risk", in his first remarks since returning to work after contracting the disease that has killed over 20,000.

While declaring that the tide is being turned on the pandemic in the country, he urged the public to contain their impatience against the lockdown. "We are beginning to turn the tide. There are real signs we are passing through the peak," said Johnson, 55, on returning to Downing Street after recovering from the virus.


Boris Johnson

He promised "maximum transparency" on the decisions to be taken as the UK enters phase two of the Covid-19 fightback, which will involve one by one firing up the "economic engines" of the UK economy.

Johnson said the UK has "so far collectively shielded our National Health Service" and "flattened the peak" — but he could not yet say when or which restrictions would be lifted.

4K domestic abuse arrests
The House of Commons' Home Affairs Committee on Monday called for urgent action from the government over a surge in domestic abuse cases amid the lockdown, with London alone registering 4,093 arrests in the six weeks up to April 19. The panel found that calls and contacts to the helpline run by the charity Refuge were 49 per cent higher in the week prior to April 15, than the average prior to the pandemic.

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Israel's biological Institute completes development phase of COVID-19 antibody

Israeli Defence Minister Naftali Bennett on Monday said he witnessed a "significant breakthrough" by the country's biological research institute in developing an antibody to COVID-19 infection. Bennett visited the labs of the Israel Institute for Biological Research (IIBR), a secretive unit that works under the Prime Minister's Office, in Ness Ziona and was briefed by the research team, who revealed that the development phase of COVID-19 antibody or passive vaccine that attacks the virus and neutralizes it in the body has been complete, his office said in a statement cited by The Jerusalem Post.

IIBR is now working to patent its antibody and secure a contract for its commercial development. All legal procedures will be coordinated with the Defence Ministry. "I am proud of the Biological Institute staff, who have made a major breakthrough," Bennett was quoted as saying. "The Jewish creativity and ingenuity brought about this amazing achievement," he added.

Last month, IIBR announced that it had begun testing its antibody-based vaccine prototype on rodents. IIBR is also involved in plasma collection from people who have recovered from infection with the new coronavirus, in the hope that this might help research, the Post reported further.

A second Israeli research team, MigVax, has also reported that it is close to completing the first phase of development of a coronavirus vaccine. Last week, it secured a USD 12 million investment from OurCrowd to accelerate the path to clinical trials.

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Top UK government scientist behind lockdown move breaks rules, quits

A top UK government scientist, who was behind the country's strategy to impose strict lockdown measures to curb the spread of coronavirus, has resigned after a media report revealed that he broke the rules and allowed a woman he was said to be in a relationship with to visit his home during the lockdown. Professor Neil Ferguson, an epidemiologist whose modelling convinced Prime Minister Boris Johnson to press ahead with a UK-wide lockdown, quit the Scientific Advisory Group for Emergencies (SAGE) after allegations emerged in The Daily Telegraph. He admitted that he had allowed a woman Antonia Staats to visit him at his London home after travelling across the UK capital from her home, which she shares with her husband and children, on at least two occasions.

The movement goes against the very strict stay at home and save lives advice of the government, put in place by British Prime Minister Boris Johnson prompted by the scientific team led by Ferguson. The incidents took place soon after the 51-year-old leading epidemiologist from Imperial College London had completed a two-week spell self-isolating after testing positive for coronavirus. "I accept I made an error of judgement and took the wrong course of action. I have therefore stepped back from my involvement in SAGE, said Ferguson after the report.

"I acted in the belief that I was immune, having tested positive for coronavirus and completely isolated myself for almost two weeks after developing symptoms. I deeply regret any undermining of the clear messages around the continued need for social distancing," he said. The scientist, however, stressed that the government's advice on social distancing remains "unequivocal", adding that it was there "to protect all of us". UK Security Minister James Brokenshire said the senior scientist "made the right decision" and that the government will "continue to be informed" by SAGE.

"We have a range of experts that will continue to support ministers," he said. The first of the visits by Staats, 38, was on March 30, which coincided with a public warning by Prof Ferguson that the UK's one-week-old lockdown measures would have to remain until June. Staats, a left-wing campaigner, made a second visit on April 8 despite telling friends she suspected that her husband, an academic in his 30s, had symptoms of coronavirus, the newspaper report claims. He has peculiarly breached his own guidelines, and for an intelligent man I find that very hard to believe. It risks undermining the government's lockdown message," said Conservative Party MP and former minister Ian Duncan Smith.

Ferguson's resignation comes a month after Scotland's Chief Medical Officer, Dr Catherine Calderwood, had to resign when it was revealed she had broken lockdown rules by making two trips back and forth to a second home. Under the government's guidelines in the UK, people are expected to stay at home and allowed to move out only for one form of daily exercise and essential shopping.

The measures have been in place since March 23 to try and flatten the curve of the rising number of cases of COVID-19, the UK death toll from which reached 29,427 on Tuesday the highest number of virus deaths in Europe. However, figures from the Office for National Statistics (ONS), which includes deaths where the virus is suspected and not just where tests have been carried out, brings the total number even higher to 32,375.

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Tax-News.com: India Consults On Advance Pricing Agreement Regime Changes

India's Central Board of Direct Taxes has launched a consultation on changes to the country's tax ruling process and forms to enable the country to exchange information on tax rulings with other countries' tax authorities, as proposed by the OECD in its base erosion and profit shifting (BEPS) project.




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Tax-News.com: Switzerland, Netherlands Amend Double Tax Pact

Switzerland and the Netherlands have signed a protocol to their double tax agreement that will bring it into line with international standards.




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Tax-News.com: Netherlands-UK Synthesized Double Tax Agreement Text Released

The UK Government on January 6, 2020, released the synthesized text of the 2008 Netherlands-UK double tax agreement, as modified by the BEPS multilateral instrument.




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Tax-News.com: Dutch Tax Changes Confirmed In Coalition Agreement

A number of proposed tax changes intended to boost Dutch competitiveness and combat tax avoidance have been included in the official agreement between the four parties forming the next Government of the Netherlands.




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Tax-News.com: Fall-off Noted In German Environmental Tax Burden

Environmental tax revenue as a percentage of Germany's overall tax take has fallen to its lowest level in more than 20 years, according to the country's statistical agency.




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TUBE INVESTMENTS OF INDIA LTD Plunges by 5%; BSE CAPITAL GOODS Index Up 0.8%

Posted by Equitymaster
      

TUBE INVESTMENTS OF INDIA LTD share price has plunged 5% and is presently trading at Rs 375.

Meanwhile, the BSE CAPITAL GOODS Index is at 11,399 (up 0.8%).

Among the top losers in the BSE CAPITAL GOODS Index today is TUBE INVESTMENTS OF INDIA LTD (down 5.4%).

SKF INDIA (up 7.4%) and SADBHAV ENGINEERING (up 4.9%) are among the top gainers today.

Over the last one year, TUBE INVESTMENTS OF INDIA LTD has moved up from Rs 368 to Rs 375, registering a gain of Rs 7 (up 1.9%)..

The BSE CAPITAL GOODS has moved down from 17,932 to 11,399, loss of 6,533 points (down 36.4%) during the last 12 months.

The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were HONEYWELL AUTOMATION (up 14.0%).

One Stock Crorepati: The Biggest Money-Making Opportunity Available Right Now

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 1.3%). The top gainers among the BSE Sensex stocks today are ICICI BANK (up 3.7%). The most traded stocks in the BSE Sensex are SBI and INDUSIND BANK.

In the meantime, NSE Nifty is at 9,383 (up 1.4%). DR. REDDYS LAB (up 4.7%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 16.77%).



This article (TUBE INVESTMENTS OF INDIA LTD Plunges by 5%; BSE CAPITAL GOODS Index Up 0.8%) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.




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ITD CEMENTATION INDIA Surges by 11%; BSE REALTY Index Up 1.3%

Posted by Equitymaster
      

ITD CEMENTATION INDIA share price has zoomed 11% and is presently trading at Rs 38.

Meanwhile, the BSE REALTY Index is at 1,345 (up 1.3%).

Among the top Gainers in the BSE REALTY Index today is ITD CEMENTATION INDIA (up 10.8%).

SOBHA LIMITED and OMAXE LTD are among the top losers today.

Over the last one year, ITD CEMENTATION INDIA has moved down from Rs 115 to Rs 38, registering a loss of Rs 78 (down 67.5%).

On the other hand, the BSE REALTY has moved down from 1,983 to 1,345, loss of 638 points (down 32.4%) during the last 12 months.

One Stock Crorepati: The Biggest Money-Making Opportunity Available Right Now

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 1.6%).

The top gainers among the BSE Sensex stocks today are RELIANCE IND. (up 4.0%), ICICI BANK (up 3.8%) and BHARTI AIRTEL (up 3.1%). Other gainers include HUL (up 2.7%) and KOTAK MAHINDRA BANK (up 2.7%). The most traded stocks in the BSE Sensex are SBI and INDUSIND BANK.

In the meantime, NSE Nifty is at 9,383 (up 1.5%). The top gainers in the NSE Nifty include RELIANCE IND. (up 4.1%), ICICI BANK (up 3.8%) and DR. REDDYS LAB (up 3.7%). Other gainers include BHARTI AIRTEL (up 3.3%) and HUL (up 2.7%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 16.56%).



This article (ITD CEMENTATION INDIA Surges by 11%; BSE REALTY Index Up 1.3%) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.




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Tax-News.com: Luxembourg Vulnerable To International Tax Developments, Says IMF

International tax developments could have a negative impact on Luxembourg's tax revenues and economy, the International Monetary Fund has said in its latest Luxembourg country report.




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Tax-News.com: Luxembourg Ratifies BEPS Multilateral Instrument

Enhancements to Luxembourg's network of double tax agreements to mitigate base erosion and profit shifting will become effective from August 1, 2019.




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Tax-News.com: OECD Urges International Tax Reform Of Savings, Investments

"While countries do not necessarily need to tax savings more, there is a lot of room to improve the way countries tax savings," according to Pascal Saint-Amans, Director of the OECD Centre for Tax Policy and Administration.




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Tax-News.com: South Africa Invites Comment On VAT Zero-Rate Review

South Africa's National Treasury is inviting the public to contribute to a review of the list of items zero-rated for value-added tax purposes.




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Tax-News.com: Swiss Gov't Approves BEPS Multilateral Instrument

The Swiss Federal Council has approved an OECD multilateral convention designed to prevent BEPS-related abuse of the international tax treaty system.




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Coronavirus vaccine update: List of countries that are closest to finding a treatment

Coronavirus vaccine: World leaders and organisations, except the United States, have already pledged $8 billion to research, manufacture and distribute a possible vaccine and treatments for COVID-19 apart from the individual efforts taken by the countries and its pharmaceutical firms




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Coronavirus impact: Smartphone shipments to dip 48% in June quarter

COVID-19 will lead to fundamental, and possibly, permanent behavioural changes in the way people shop, consume media and how they regard the brands they do business with, said Prabhu Ram of CMR




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Franklin Templeton issues 'unconditional apology' to SEBI on global chief's comments

The fund house said the remarks made by Jenny Johnson, president and CEO, Franklin Templeton during their quarterly earnings call were quoted "out of context" by media outlets




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Tax-News.com: German Government Approves Climate Plan

On October 1, 2019, the German Federal Cabinet approved financing of EUR54bn (USD59bn) for the Climate Protection Program 2030, which includes the introduction of carbon pricing, as well as other tax measures intended to encourage the use of cleaner forms of transport.




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Coronavirus outbreak: Credit flow to MSMEs needs to grow 20% from 2% to address growing unemployment

A cluster-based approach to lending is likely to be the best strategy for optimal results in the shortest possible time to accelerate credit flow to the MSME sector




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Tax-News.com: Nautilus Welcomes Progress On Maritime Labour Convention Amendment

Nautilus, an international trade union for maritime workers, has welcomed the outcome of top-level talks on updates to the Maritime Labour Convention to include measures to address bullying and harassment and to safeguard seafarers' wages when they are held captive.




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Tax-News.com: Greek Shipowners Agree Extra Tax Payments

The Greek shipping industry has agreed to renew a tax agreement under which shipping companies pay additional tax to the Government.




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Tax-News.com: India To Amend GST Rates On Oil, Gas Industry

India's Goods and Services Tax Council has proposed new GST rates for the oil and gas industry.




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Tax-News.com: European, African States To Review Free Trade Agreement

The European Free Trade Association states (Iceland, Liechtenstein, Norway, and Switzerland), and the South African Customs Union have begun negotiations to review their existing free trade agreement.




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Tax-News.com: Swiss Government Signs Off On Tax, Trade Issues

Switzerland's Government has recently decided on a number of trade matters and reviewed its plans for changes to how it administers vehicle taxes.




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Coronavirus: Indigo implements pay-cuts again after rolling back decision

Coronavirus impact: IndiGo CEO Ronojoy Dutta told the employees that they are left with no option but to implement pay-cuts. The airline had earlier rolled back its decision to cut pay




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Tax-News.com: Singapore, Germany Add BEPS Amendments To DTA

Singapore and Germany have signed a protocol to their double taxation agreement, which brings the treaty into line with international standards and amends the maximum withholding tax rates that may be charged.




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Tax-News.com: TPP11 Explore Plan B Agreement In Japan

Following agreement reached by the remaining signatories to the Trans-Pacific Partnership earlier this year to push ahead following US President Donald Trump's withdrawal of the United States from the pact, Japan has taken the lead with regard to formulating a plan B for the agreement.




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Tax-News.com: Malaysia Updates Mutual Agreement Procedure Guidelines

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.




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Tax-News.com: Finnish Government Reaches 2019 Budget Agreement

A number of incentives have been included in the Finnish Government's 2019 Budget to encourage investment in the shares of both small and listed companies.




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Tax-News.com: German Government Submits 2020 Budget

On September 10, 2019, German Finance Minister Olaf Scholz presented to the lower house of parliament, the Bundestag, the Government's draft Budget for 2020, which includes tax reduction measures.




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Tax-News.com: Hungarian Government Submits Tax Bill

On November 12, 2019, Hungary's Ministry of Finance announced that it has submitted to parliament the seventh and final part of its Economic Action Plan, which includes various tax measures.




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Tax-News.com: Ireland Implements New Exit Tax Regime

Ireland's 2018 Finance Bill legislates for a new exit tax regime compliant with the EU's Anti-Tax Avoidance Directive.