000-tobecategorised

$1 trillion in the shade – the annual profits multinational corporations shift to tax havens continues to climb and climb https://theconversation.com/1-trillion-in-the-shade-the-annual-profits-multinational-corporations-shift-to-tax-havens-continues-to-climb-and-climb-200034 : February 23, 2023.  By our reckoning, corporations shifted nearly US$1 trillion in profits earned outside of their home countries to tax havens in 2019, up from $616 billion in 2015, the year before the global tax haven plan was implemented by the group of 20 leading economies, also known as the G-20. 

The Organization for Economic Cooperation and Development, a group of 37 democracies with market-based economies, developed a plan that consisted of 15 tangible actions it believed would significantly limit abusive corporate tax practices. These included creating a single set of international tax rules and cracking down on harmful tax practices. ..

following leaks like the Panama Papers and Paradise Papers – which shed light on dodgy corporate tax practices – public outrage led governments in the U.S. and Europe to initiate their own efforts to lower the incentive to shift profits to tax havens.

Our research shows all these efforts appear to have had little impact.

Adani and Modi | The Full Story of Fraud Allegations | Dhruv Rathee https://www.youtube.com/watch?v=sDEZSFNQmP0

 2=3=2023. Prime Minister Narendra Modi has always been accused of having links with Adani. People claim that Modi has provided favours to Adani multiple times. But what are the exact allegations? Why do people connect Modi to Adani? And is there any truth behind these claims? Watch this video by Dhruv Rathee to find out as he deep dives into these claims and explains the truth behind them.

2:44 Adani’s contribution to country? https://www.youtube.com/watch?v=sDEZSFNQmP0&t=164s

5:40 Land Scam? https://www.youtube.com/watch?v=sDEZSFNQmP0&t=340s

8:18 Airport Scam? https://www.youtube.com/watch?v=sDEZSFNQmP0&t=498s

12:12 Coal Scam? https://www.youtube.com/watch?v=sDEZSFNQmP0&t=732s 15:32 Sri Lankan Port project https://www.youtube.com/watch?v=sDEZSFNQmP0&t=932s

16:55 Alleged Tax Evasion https://www.youtube.com/watch?v=sDEZSFNQmP0&t=1015s

20:05 Shell Companies https://www.youtube.com/watch?v=sDEZSFNQmP0&t=1205s

Surveillance & Clampdown: 'NGOs to be linked to central data hub with unique ID' https://www.newindianexpress.com/nation/2023/mar/02/surveillance--clampdown-ngos-to-be-linked-to-central-data-hub-with-unique-id-2552166.html
The MHA has directed the DGPs and IGPs of states and union territories to assign teams that are working in coordination with the central government wing to expedite the process of unique ID allocation

 02nd March 2023

In India, while the NGOs registered under the Foreign Contribution Regulation Act (FCRA) are monitored by the MHA through a dedicated division, there are nearly 35 lakh NGOs which are not registered under the FCRA and are governed by nearly 40 different laws like the Society registration Act, The Companies Act, Public Trust Act and others, and are usually governed by the laws of the states.

“There have been instances, however, where both categories of NGOs have been indulging in violations like diversion of funds and money laundering,” ministry sources claimed.

As a result, the regulatory mechanism for all FCRA and non-FCRA are also being relooked into at the moment, while the process to link them centrally is being worked out.