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KGF makers to take legal action against Telugu TV channel for illegally playing Yash-starrer

A Telugu local channel named Every^ is caught illegally playing Yash and Srinidhi Shetty's KGF: Chapter 1. The makers are now preparing to take legal action against the channel.




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Fact Check: Did Ratan Tata buy 50% stake in Mumbai teen's pharmacy chain?

Ratan Tata has issued a clarification in regards to media reports stating that he has bought up to 50% stake in Mumbai teen's pharmacy chain called Generic Aadhar.




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OECD takes aim at software technologies used by businesses to evade taxes

The OECD has released a study to help all countries understand and address the risks of sales suppression software. It describes some of the most common electronic sales suppression techniques and shows how these methods can be detected by tax auditors. The report also considers the approaches already adopted by countries in combating this risk and highlights a number of best practices.




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OECD issues communication on engagement with stakeholders

The timeline of the OECD/G20 BEPS Project is extremely ambitious, with the first outputs expected for September 2014 and the completion of the project by the end of 2015. Input from relevant stakeholders is essential as the BEPS Project moves forward to develop the measures envisaged in the BEPS Action Plan.




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Switzerland takes important step to boost international cooperation against tax evasion

Switzerland has today become the 52nd jurisdiction to sign the Multilateral Competent Authority Agreement, which will allow it to go forward with plans to activate automatic exchange of financial account information in tax matters with other countries beginning in 2018.




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The OECD takes further steps to putting an end to offshore tax evasion

The OECD today releases three new reports to help jurisdictions and financial institutions implement the global Standard for automatic exchange of financial account information.




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Greenland takes key step in implementing automatic exchange of financial account information

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.




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Senegal takes key steps towards improving tax transparency

Senegal today signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. Senegal is the 11th country of the African continent to sign the Convention and the 93rd jurisdiction to join it. Simultaneously to signing the Convention, Senegal today also became the 32nd signatory of Multilateral Competent Authority Agreement for the automatic exchange of Country-by-Country reports (CbC MCAA).




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International organisations take major step to boost global co-operation in tax matters

The main international organisations working on taxation – the IMF, OECD, UN and WBG – have announced today further details on how they will act together through a Platform for Collaboration on Tax as a response to the growing importance of taxation in the international financing for development debate to achieve the UN Sustainable Development Goals.




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Heads of tax administrations take big step forward in global tax co-operation

Delivering on the OECD/G20 international tax agenda, through implementation of the Base Erosion and Profit Shifting (BEPS) Project and the Common Reporting Standard (CRS) for the automatic exchange of financial account information, took centre stage when Heads of Tax Administration met on 11-13 May in Beijing, China.




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Kuwait takes key steps towards improving tax transparency

Today, Kuwait joined the 83 current signatories to the CRS Multilateral Competent Authority Agreement ("CRS MCAA"), the key international framework agreement for putting in place the automatic exchange of information on offshore financial accounts foreseen by the OECD Common Reporting Standard (CRS).




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First automatic Common Reporting Standard exchanges between 49 jurisdictions set to take place this month; now over 2000 bilateral exchange relationships in place

At present, 102 jurisdictions have publicly committed to implement the Common Reporting Standard, with 49 being committed to start exchanges this month and a further 53 taking up exchanges in September 2018.




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The Bahamas takes strong steps forward to join international efforts against tax evasion and avoidance

Today, at the OECD Headquarters in Paris, The Hon. Kevin Peter Turnquest, Deputy Prime Minister and Minister of Finance of the Bahamas signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (“the Convention”) in the presence of OECD Secretary General Angel Gurria.




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Jurisdictions take action to address the potential misuse of RBI/CBI schemes for CRS-circumvention purposes

The OECD is pleased to announce that jurisdictions are taking further action to prevent the misuse of RBI/CBI schemes by account holders by putting in place an exchange of information mechanism that will ensure that the information on applicants of RBI/CBI schemes will be made available to their jurisdiction(s) of tax residence.




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As the pace of tax reform slows, countries are urged to take bolder action

Tax Policy Reforms 2019 describes the latest tax reforms across all OECD countries, as well as in Argentina, Indonesia and South Africa. The report identifies major tax policy trends and highlights that fewer countries have introduced comprehensive tax reform packages in 2019 compared to previous years.




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Tax officials and stakeholders from Asia-Pacific meet in the Philippines to discuss proposals to address the tax challenges of the digitalisation of the economy

A regional meeting on tax and digitalisation for Asia and the Pacific , co-hosted by the Asian Development Bank (ADB) in collaboration with the Organisation for Economic Co-operation and Development (OECD), took place in Manila, the Philippines on 19-20 November 2019.




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Public consultation on the OECD Due Diligence Guidance for Meaningful Stakeholder Engagement in the Extractives Sector

This public consultation is being held to gather comments on the draft OECD Due Diligence Guidance for Meaningful Stakeholder Engagement in the Extractives Sector which provides practical guidance to mining, oil and gas enterprises in addressing the challenges related to stakeholder engagement. The deadline for comment is 5 June 2015.




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Azerbaijan should take strong and comprehensive measures to fight entrenched corruption

Azerbaijan has made progress in preventing corruption in several sectors, such as public services delivery, traffic police and public education, and reforms have started in customs and business licencing. However, serious and complex corruption challenges have yet to be tackled, says a new OECD report.




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The Czech Republic must take significant steps to enforce its foreign bribery laws, but demonstrates commitment to improve

The Czech Republic must strengthen its efforts to detect, investigate and prosecute foreign bribery. Seventeen years after ratifying the OECD Anti-Bribery Convention, the Czech Republic has yet to prosecute a case involving the bribery of foreign public officials.




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Inventory of investment measures taken between 16 February 2017 and 15 September 2017

The “Freedom of Investment" (FOI) process hosted by the OECD Investment Committee monitors investment policy developments in the 58 economies that participate in the process. This report covers investment measures taken between 16 February 2017 and 15 September 2017.




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Consultation with stakeholders on the Anti-Bribery Convention

This consultation with the private sector and civil society will focus on topics suggested by the stakeholders themselves as well as the WGB's new cross-country project on settlement arrangements.




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Australia takes major steps to combat foreign bribery, but OECD wants to see more enforcement

Australia has stepped up its enforcement of foreign bribery since 2012, when the OECD Working Group on Bribery last evaluated Australia’s implementation of the OECD Anti-Bribery Convention, with seven convictions in two cases and 19 ongoing investigations.




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Stakeholder engagement due diligence in extractive industries

When companies involve stakeholders, such as local communities, in their decision making, it enables them to identify, and account for the impacts of their activities, and contribute to positive social and economic development. To address the challenges raised when engaging with stakeholders, the OECD is preparing a user guide on how to undertake due diligence in engaging with stakeholders for mining, oil and gas enterprises.




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We must take better care of the elderly, say OECD and the European Commission

The number of people over 80 will double by 2050 rising from 3.9% of the population to 9.1% in 2050 across OECD countries and from 4.7% to 11.3% across 27 EU members. Estimates are that up to half of them will need help to cope with their daily needs. Yet even today governments are struggling to deliver high-quality care to elderly people with reduced physical and mental abilities, says a new OECD/EC report, A good life in old age? .




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Australia is in a strong position, but must adapt to take full advantage of rising Asia, OECD says

The Australian economy is robust and faces a solid short-term outlook, but it must continue adapting to ensure that its privileged place in the Asia-Pacific region contributes to long-term sustainable growth, according to the OECD’s latest Economic Survey of Australia.




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Australia takes major steps to combat foreign bribery, but OECD wants to see more enforcement

Australia has stepped up its enforcement of foreign bribery since 2012, when the OECD Working Group on Bribery last evaluated Australia’s implementation of the OECD Anti-Bribery Convention, with seven convictions in two cases and 19 ongoing investigations.




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Japan should do more to help young people take part in the labour market

Japan should step up efforts to improve young people’s job prospects and reduce the share of 15-29 year-olds who are not in employment, education or training (the “NEETs”), according to a new OECD report.




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Sony Kapoor: The OECD must take charge of promoting long-term investment in developing country infrastructure

This blog post by Sony Kapoor, Managing Director, Re-Define International Think Tank, gives his view on why the OECD – which uniquely houses financial, development, infrastructure and environmental expertise under one roof – must take charge of promoting long-term investment in developing country infrastructure.




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Australia is in a strong position, but must adapt to take full advantage of rising Asia, OECD says

The Australian economy is robust and faces a solid short-term outlook, but it must continue adapting to ensure that its privileged place in the Asia-Pacific region contributes to long-term sustainable growth, according to the OECD’s latest Economic Survey of Australia.




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Labour share developments over the past two decades: The role of technological progress, globalisation and "winner-takes-most" dynamics

Over the past two decades, real median wage growth in many OECD countries has decoupled from labour productivity growth, partly reflecting declines in labour income shares.




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Take the Government at a Glance Quiz

Taking a ruler to our rulers: Government at a Glance Quiz




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6th Expert Meeting on Measuring Regulatory Performance: Evaluating Stakeholder Engagement in Regulatory Policy

Workshop held in The Hague on 17-18 June 2014 to evaluate stakeholder engagement in regulatory policy




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Take the money and run: the uses and abuses of political funding

Blog article asks if our democratic processes are more responsive to the rich than they are to the poor and the middle class?




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Public consultation on the draft OECD Best Practice Principles on Stakeholder Engagement in Regulatory Policy

Comments on the draft OECD Best Practice Principles on Stakeholder Engagement in Regulatory Policy are to be sent to regstakeholders@oecd.org by 15 March 2017.




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Public consultation on the OECD Due Diligence Guidance for Meaningful Stakeholder Engagement in the Extractives Sector

This public consultation is being held to gather comments on the draft OECD Due Diligence Guidance for Meaningful Stakeholder Engagement in the Extractives Sector which provides practical guidance to mining, oil and gas enterprises in addressing the challenges related to stakeholder engagement. The deadline for comment is 5 June 2015.




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Stakeholder engagement due diligence in extractive industries

When companies involve stakeholders, such as local communities, in their decision making, it enables them to identify, and account for the impacts of their activities, and contribute to positive social and economic development. To address the challenges raised when engaging with stakeholders, the OECD is preparing a user guide on how to undertake due diligence in engaging with stakeholders for mining, oil and gas enterprises.




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A nudge or a shove? What will it take to push responsible business conduct?

On the occasion of the release of the OECD Due Diligence Guidance on Responsible Business Conduct, the OECD’s Tyler Gillard looks at how governments can encourage international standards of responsible business conduct in business activities and supply chains.




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Multi-stakeholder sports integrity taskforces established

The International Partnership against Corruption in Sport (IPACS), a recently established multi-stakeholder platform, agreed to set up three taskforces to help tackle corruption in sport at its meeting at the OECD in Paris on 14 to 15 December 2017.




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UKFast founders exit as private equity firm takes control

Inflexion has become majority shareholder following sexual assault allegations against former CEO




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Colombians take to the streets in countrywide protests

Marches come as discontent grows over labour reform, pensions and corruption




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Saudi Arabia takes £350m shot at Newcastle United

Fans cheer prospect of Ashley exit but obstacles remain to getting deal across line




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Saudi Arabia’s PIF takes 8.2% stake in cruise operator Carnival 

Rare sign of investor confidence in industry battered by coronavirus pandemic




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Schroders demands executives take pay cuts and ‘share the pain’

City investor will back ailing groups looking to raise capital but warns of difficult decisions




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Sleaze and racism in Netflix’s Hollywood take shine off ‘golden age’

New period drama about an aspiring actor pulls back the curtain on postwar Tinseltown




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Activist fund set to double stake in banknote maker De La Rue

Crystal Amber’s move shows sign of confidence in struggling UK group




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Andrew Tinkler dumps Stobart stake

Former CEO and fifth-largest shareholder severs ties with group that sacked him




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Take long lunches, go home at four: tips for the modern boss

Simon Kuper on how a new generation of CEOs has a different approach to life at the top




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A new garden at Kew takes a step back in time

The Evolution Garden takes visitors on a chronological walk through plant life, with some surprising associations




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BC Camplight: Shortly After Takeoff

Brian Christinzio’s vocals have the singsong flow of Brian Wilson




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Tennis takes a swing at making players’ earnings fairer

The new chair of the association that runs men’s tennis wants to share out wealth more evenly