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OECD News

11 Oct 2022

OECD develops new global crypto asset reporting framework

CARF will be presented to G20 Finance Ministers and Central Bank Governors for discussion at their next meeting. The new transparency initiative, developed together with G20 countries, comes against the backdrop of rapid adoption of the use of crypto-assets for a wide range of investment and financial uses.

Nirmala Sitharaman

30 Jun 2021

Nirmala Sitharaman, US Treasury Secretary discuss 'global minimum tax'

The treasury department said that Yellen stressed the importance of partnership with India in the G20. G7 economies have come to a preliminary agreement to set a global minimum corporate tax rate of 15%. The proposal will next go to the OCED and G20 countries.

06 Apr 2021

Indian economy to grow at historic 12.5%: IMF

With the unprecedented growth rate projection of 12.5 percent not seen in modern times, India also regains its status as the world`s fastest-growing economy, according to the WEO. The WEO projected India`s gross domestic product (GDP) growth to moderate to 6.9 percent in the next fiscal year, while still retaining the top growth rate spot. The IMF growth rate projection for India is nearly in line with the 12.6 percent from the Organization for Economic Cooperation and Development (OECD) last month.

20 Sep 2019

Global growth to hit 11-year low: OECD

The Paris-based organization had previously expected global growth to accelerate by 3.2 per cent this year and by 3.4 per cent next year.

02 Aug 2019

822 million suffer from chronic malnutrition, FAO says

New Director-General of the Food and Agriculture Organization (FAO), Qu Dongyu, faces the challenge of mobilizing more public and private efforts against malnutrition, in a clear rise in the world for the last three years.

20 Nov 2017

PM Modi-led BJP government third most-trusted government in world: Report

Nearly 74 percent Indians expressed confidence in the Modi government.

14 Jul 2017

PM Modi-led NDA third most trusted government in world with support of 73% Indians

In what can be called as a good news for Prime Minister Narendra Modi, 73 per cent Indians still have faith in NDA government, according to the latest report released by the Organisation for Economic Co-operation and Development (OECD).

21 Mar 2017

Pollution pushing New Zealand to environmental limits: Report

The report from the Organisation for Economic Co-operation and Development (OECD) said New Zealanders enjoyed a high environmental quality of life and access to pristine wilderness, Xinhua news agency reported.

27 Oct 2016

Panama becomes member of global convention on tax transparency

Panama on Thursday became the member of a global convention that aims to combat cross-border tax evasion by sharing foreign taxpayer details with other governments, a move considered by 'Panama Papers' leak affected nations like India as positive in unravelling the financial irregularities.

02 Jun 2016

India's growth to remain 'strong'; to hover around 7.5% in FY17

Remaining one of the fastest growing economies, India is projected to see a growth of around 7.5 percent in the current financial year even as the world economic growth is "stuck in a low-growth trap", says OECD.

Tax avoidance agreement in China

13 May 2016

China signs pact aimed at fighting multinational tax avoidance

China said it has signed a multilateral agreement to share tax information on multinational companies, paving the way for it to join the fight on global tax avoidance.

11 May 2016

Panama commits to automatic exchange of tax data for 1st time

Global economic body OECD on Wednesday said Panama, along with few other jurisdictions, has committed to the internationally accepted norm of "automatic" sharing of financial and tax data with other countries, a development coming in the backdrop of the 'Panama Papers' offshore assets leaks where at least 500 Indian names have also figured.

27 Apr 2016

Britain would be less well off after Brexit: OECD

Britons would be less well off if they voted to leave the European Union than if they stayed, the head of the Organization for Economic Cooperation and Development (OECD) said Wednesday.

18 Apr 2016

Panama president vows tax cooperation with OECD

Visiting Panamanian President Juan Carlos Varela told a Japanese news agency today that his country would cooperate with an OECD initiative to share tax information in the wake of the "Panama Papers" scandal.

13 Apr 2016

OECD holds meet on 'Panama Papers'; nations pledge cooperation

A number of countries, including India, Wednesday exchanged views and "explored" mechanisms for cooperation on the issue during a special meeting called by global economic body OECD on 'Panama Papers' disclosure here.

13 Apr 2016

Panama Papers Leak: Global tax authorities probe scandal

The leak of 11.5 million confidential offshore financial documents from Panamanian law office Mossack Fonseca offered international tax officials meeting in Paris an unprecedented trove of data to delve into alleged wrongdoing, officials said.

Panama Papers leak

09 Apr 2016

OECD calls special session on Panama Papers on Apr 13; India may join

With an objective to firm up cooperation between nations in the wake of `Panama Papers` disclosures, the Organisation for Economic Cooperation and Development (OECD) has called a special session of countries, including India, on April 13 in Paris, which India is also likely to join.The meeting will bring together senior tax administration officials from countries across the world, said an OECD statement.

08 Apr 2016

Panama Papers: OECD calls special meeting of member countries including India on April 13

Global economic body OECD has called a special session of countries, including India, on April 13 here to firm up cooperation between nations in the wake of the 'Panama Papers' disclosures in which about 500 Indians have figured for holding offshore assets in the tax haven nation.

05 Apr 2016

Germany should boost services sector: OECD

Germany must beef up its services sector if its economic backbone of manufacturing is not to weaken, the Organisation for Economic Co-operation and Development (OECD) said in a report Tuesday.

India's economic growth

18 Feb 2016

Indian economy to grow robustly at 7.4% next fiscal: OECD

The Organisation for Economic Cooperation and Development (OECD) has raised India's growth forecast compared to 7.3 percent expansion projected in November 2015.

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