Category: International Affairs
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FATCA: Yet another weapon in India’s war against Tax Evasions and Black Money
By Shruti Sharma, Campus Law Centre, Delhi University. The Foreign Accounts Tax Compliance Act, better known as FATCA, is an Act which was enacted in the year 2010 by the United States Congress; it can also be called as American Global Tax law. FATCA basically requires Foreign Financial Institutions (FFIs) to report to the Internal Revenue System…
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Implications of Competition Act, 2002 on Cross-border Mergers and Acquisitions
By Apoorva Mandhani, Symbiosis Law School, Pune. Cross border mergers and acquisitions have significantly increased over the past decade, fuelled by the era of globalization, as a response to the pressures of an increasingly consolidating world economy. Cross border mergers and acquisitions now pose as an elementary feature of the global business landscape.
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Double Taxation Avoidance Treaty between India and Thailand
By Mohammad Anas, Aligarh Muslim University, Kerala. In order to write about what a Double Taxation Avoidance Treaty is, first let me throw some light upon the meaning of Double Taxation. Double Taxation occurs when an individual is required to pay two or more taxes for the same income, asset or financial transaction in different countries. It may…
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BCIM Economic Corridor Project: An Analysis
By Tanya Shrivastava, University of Petroleum and Energy Studies, Dehradun. The dream started way back around 1848 when Lord Dalhousie wanted to build a route in South Asia extending from Singapore to Constantinople. It was continued by Lord Curzon who dreamt of building a route between Bengal, Myanmar and China. Many attempts have been made ever since.…
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East–West Freight Corridor: An Analysis
By Afreen Hashmi, National Law University, Jodhpur. The Cabinet Committee on Economic Affairs recently approved a revised cost estimate for the much delayed ambitious project of building the eastern and western dedicated freight corridor (DFC). Dedicated freight lines are rail lines whose planned use is restricted to freight trains only. A dedicated rail freight network would consist…
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Theological Peace Movement warped into an International Conflict: Saudi Arabia-Iran Rivalry
By Anaida Kuthiala, Army Institute of Law, Mohali. A reminiscent of the “Great Game”1 played out in Afghanistan, between the Great Britain and Russia which was a strategic rivalry and conflict for attaining supremacy in central Asia, more than a thousand years ago, was the rivalry between Saudi Arabia and Iran engaged in their own decade-long strategic…
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Delhi-Dhaka Agreement Pact: A Triumphant Scenario?
By Surbhi Agrawal, University of Petroleum and Energy Studies, Dehradun. With the recent Agreements, India has embarked upon a mission to maintain peace with its neighbor country, Bangladesh. This step of the countries will help improve ties and will boost trade between both the countries. Bangladesh and India are not just neighbors, but the nations are bound…
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India-Sweden Ties: An Analysis
By Ashish, Faculty of Law, The ICFAI University. Earliest contact between India and Sweden dates back to medieval times. The Swedish East India Company formed in 1731, was dubbed to be one of the most successful business entities of those days until its existence. Modern day bilateral relations were initiated with the 1957 visit of Prime Minister…
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The Indo-Dutch MoU on Vaccine Production : A Study
By Anjali Bisht, Law College Dehradun. The present government launched various propaganda since it rose to power. In order to contribute to the country’s development , ‘Make In India’ was introduced for the furtherance of this cause and this policy initiated by the Modi Government has garnered a well deserving hype all over the world. Mr…
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The USA Freedom Act: Balanced, et al?
By Surbhi Agrawal, University of Petroleum and Energy Studies, Dehradun. USA Freedom Act is the Legislation designed to place strict limits on the National Security Agency (NSA) Surveillance, passed by Barack Obama on June 2, 2015. It stands for “Uniting and Strengthening America by Fulfilling Rights and Ending Eavesdropping, Dragnet- collection and Online Monitoring Act.” The enactment…