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  • Pandora Papers outage brings call for action on tax haven scrutiny

    Pandora Papers outage brings call for action on tax haven scrutiny

    The latest release of offshore financial information has revealed little illegal activity, and will lack much of the punch that previous leaks enjoyed. However, it could still have significant consequences. While little direct regulatory action is in the offing, tighter reporting and disclosure of property holdings is the most likely outcome. The world was presented with yet another major offshore data leak on 3 October, 2021, courtesy of the International Consortium of Investigative Journalists. Branded the Pandora Papers by the media, the release contains 11.9 million files from various companies hired by wealthy clients to create structures and trusts in a range of offshore centres. While the cast of affluent individuals and high-profile politicians spans the world, there is little suggestion that the leak has revealed much in the way of illegal tax evasion. As such, there will likely be little direct impact on the wealth management industry or cases for tax authorities to prosecute.

    The release does highlight the ability for affluent investors to use the offshore financial system to shelter assets from scrutiny - particularly property. The OECD’s Common Reporting Standard and the US’s FATCA have largely pealed back the secrecy surrounding financial accounts and securities. However, they have done little to force disclosure of non-financial assets such as property. Almost all of the high-profile disclosures in the Pandora Papers involve property in some shape or form. Many examples noted in the media involve property held via opaque offshore companies or trusts that shelter the beneficial owners from prying eyes, as well as saving them hefty tax bills. It is this entirely legal activity that is likely to grate the sensibilities of the average citizen - even if tax authorities are less exercised over it. Indeed, GlobalData’s 2021 Global Wealth Managers Survey found that property is the third most popular asset class among high net worth (HNW) offshore inv

    By VARINDIA| 10 views

  • Cut in corporate tax rate, labour reforms important for investments: CEA KV Subramanian

    Cut in corporate tax rate, labour reforms important for investments: CEA KV Subramanian

    New Delhi: Chief Economic Advisor KV Subramanian including top economists attended ‘India Economic Forum’ at Constitution Club of India in Delhi on Nov 29. While addressing the event Chief Economic Advisor to Government of India, KV Subramanian said that cut in corporate tax rate is important for investments.
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    Watch Cut in corporate tax rate, labour reforms important for investments: CEA KV Subramanian With HD Quality

    By Catch News| 303 views

  • CEA Subramanian on economy: No reason for pessimism, will see results in 6 to 8 months

    CEA Subramanian on economy: No reason for pessimism, will see results in 6 to 8 months

    No reason for pessimism, will see results in 6 to 8 months: Chief Economic Adviser K V Subramanian in conversation with ET NOW's Nikunj Dalmia.

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    Watch CEA Subramanian on economy: No reason for pessimism, will see results in 6 to 8 months With HD Quality

    By The Economic Times| 266 views

  • CEA Subramanian on PSU banks: Tech disruption needs to be taken on board for efficient performance

    CEA Subramanian on PSU banks: Tech disruption needs to be taken on board for efficient performance

    Tech disruption needs to be taken on board for efficient performance: Chief Economic Adviser K V Subramanian in conversation with ET NOW's Nikunj Dalmia.

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    Watch CEA Subramanian on PSU banks: Tech disruption needs to be taken on board for efficient performance With HD Quality

    By The Economic Times| 184 views

  • CEA Subramanian on proposed Direct Tax Code: Sabr ka phal meetha hota hai

    CEA Subramanian on proposed Direct Tax Code: Sabr ka phal meetha hota hai

    Sabr ka phal meetha hota hai: Chief Economic Adviser K V Subramanian on proposed Direct Tax Code while talking to ET NOW's Nikunj Dalmia.

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    Watch CEA Subramanian on proposed Direct Tax Code: Sabr ka phal meetha hota hai With HD Quality

    By The Economic Times| 227 views

  • CEA Subramanian on tradewars and global slowdown: We must compete to increase our trade share

    CEA Subramanian on tradewars and global slowdown: We must compete to increase our trade share

    We must compete to increase our trade share: Chief Economic Adviser K V Subramanian in conversation with ET NOW's Nikunj Dalmia.

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    Watch CEA Subramanian on tradewars and global slowdown: We must compete to increase our trade share With HD Quality

    By The Economic Times| 137 views

  • CEA Subramanian on govt support for pvt sector business: Need to support but not create cry babies

    CEA Subramanian on govt support for pvt sector business: Need to support but not create cry babies

    Need to support but not create cry babies, says CEA Subramanian on govt support for pvt sector business while talking to ET NOW's Nikunj Dalmia.

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    Watch CEA Subramanian on govt support for pvt sector business: Need to support but not create cry babies With HD Quality

    By The Economic Times| 190 views

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  • न्यूयॉर्क की सड़कों पर मुस्लिमों ने सड़क जाम कर पढ़ी नमाज... || SudarshanNews

    न्यूयॉर्क की सड़कों पर मुस्लिमों ने सड़क जाम कर पढ़ी नमाज... || SudarshanNews

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    न्यूयॉर्क की सड़कों पर मुस्लिमों ने सड़क जाम कर पढ़ी नमाज...

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    न्यूयॉर्क की सड़कों पर मुस्लिमों ने सड़क जाम कर पढ़ी नमाज... || SudarshanNews

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  • Bigg Boss 17 LIVE | Tissue Ko Lekar Isha Ne Samarth Se Kiya Jhagda

    Bigg Boss 17 LIVE | Tissue Ko Lekar Isha Ne Samarth Se Kiya Jhagda

    Bigg Boss 17 LIVE | Tissue Ko Lekar Isha Ne Samarth Se Kiya Jhagda


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    Bigg Boss 17 LIVE | Tissue Ko Lekar Isha Ne Samarth Se Kiya Jhagda

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  • Press Conference by Union Minister of Jal Shakti Shri Gajendra Singh Shekhawat at BJP HQ.

    Press Conference by Union Minister of Jal Shakti Shri Gajendra Singh Shekhawat at BJP HQ.

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    Press Conference by Union Minister of Jal Shakti Shri Gajendra Singh Shekhawat at BJP HQ.

    By Bharatiya Janata Party Delhi| 73845 views

  • Rajasthan Chunav 2023: कांग्रेस उम्‍मीदवारों की चौथी सूची, क्‍या धारीवाल, राठौड़ व जोशी का टिकट कटा?

    Rajasthan Chunav 2023: कांग्रेस उम्‍मीदवारों की चौथी सूची, क्‍या धारीवाल, राठौड़ व जोशी का टिकट कटा?

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    Rajasthan Chunav 2023: कांग्रेस उम्‍मीदवारों की चौथी सूची, क्‍या धारीवाल, राठौड़ व जोशी का टिकट कटा?

    By DPK NEWS| 29 views

  • Dehradun Live | विधानसभा में बोले रहे सीएम पुष्कर सिंह धामी उत्तराखंड विधानसभा सत्र का आगाज

    Dehradun Live | विधानसभा में बोले रहे सीएम पुष्कर सिंह धामी उत्तराखंड विधानसभा सत्र का आगाज

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    Dehradun Live | विधानसभा में बोले रहे सीएम पुष्कर सिंह धामी उत्तराखंड विधानसभा सत्र का आगाज

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  • My interview with Jan Man India

    My interview with Jan Man India

    Here is my interview with Shri Sudhir Raval on Jan Man India Channel.


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  • Technical Session V, Q&A

    Technical Session V, Q&A

    Global Summit 2020 "Mission 5 Trillion – CMA as a Cryogenic Force"

    Watch Technical Session V, Q&A With HD Quality

    By ICMAI| 898581 views