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Raising the issue of black money during the G20 Summit meeting in Brisbane, Prime Minister Narendra Modi on Sunday stated that India supports all initiatives which facilitates automatic exchange of information among nations that ultimately helps in tracing unaccounted money and its eventual repatriation. In series of tweets, Ministry of External Affairs (MEA) official spokesperson, Syed Akbaruddin’s twitter handle revealed Prime Minister Modi’s intervention on issues of tax evasion at the G20 Summit. “We support new global standard on automatic exchange of information. It would be instrumental in getting information at unaccounted money hoarded abroad and enable its eventual repatriation. I support all initiatives to facilitate exchange of information and mutual assistance in tax policy and administration,” Akbaruddin tweeted. Prime Minister Modi also stressed on co-ordinated decision making in tackling the challenge of tax avoidation and profit shifting and urged nations which are tax havens to share information for tax purposes in accordance with treaty obligations. “Need for policy coordination among major economies remains strong. Although we each have our domestic priorities, co-ordinated decisions may help us all in the long run. Increased mobility of capital and technology have created new opportunities for avoiding tax and profit shifting. Urge every jurisdiction, especially tax havens, to provide information for tax purposes in accordance with treaty obligation,” Akbaruddin's Twitter handle revealed. "Base Erosion and Profit Shifting (BEPS) system would fully address concerns of developing and developed economies,"Akbaruddin tweeted quoting Prime Minsiter Modi's speech at G20 Summit. Akbaruddin’s twitter handle further wrote about Prime Minister Modi pointing to the growing cyber threat in addition to black money that posed a security challenge in areas like terrorism, drug trafficking and arms smuggling. “Close coordination is important not just for also addressing the challenge of black money, but also security issues like terrorism, drug trafficking, arms smuggling. Resilience of our financial system will also depend on cyber security,” Akbaruddin further tweeted. Earlier on Sunday Prime Minister Modi began his day by meeting German Chancellor Angela Merkel. He is slated to meet Spanish Prime Minister and also unveil a Gandhi statue among others later in the day. On Saturday, Prime Minister Modi had a packed schedule, meeting leaders of BRICS, and having one-on-one interactions with leaders from France, Canada and Saudi Arabia. During his meetings with BRICS leaders, Prime Minister Modi reiterated his priority of repatriating black money deposited by indians in foreign banks, and also underlined the need for fast tracking the establishment of a BRICS development bank. Prime Minister Modi was accorded a red-carpet welcome by his Australian counterpart Tony Abbott upon his arrival at the Queensland Parliament for the G20 Summit. He also met with the U.S. President Barack Obama. After attending the G20 Summit in Brisbane, Prime Minister Modi is scheduled to travel to Sydney, where he will attend a reception organized by and for the Indian Diaspora. Prime Minister Modi will then travel to Canberra and address the special joint sitting of the Australian Parliament on November 18. He will also address an Indian community event in Melbourne before travelling to Fiji. from : http://www.hindustantimes.com
The Shaukeens is a story of three oldies - KD, Lali and Pinki. These lusty old men plan a trip to Mauritius after it becomes difficult, rather life-threatening for them to get some action in Delhi. In Mauritius the trio stay with a young fashion designer Ahana (Lisa Haydon). Ahana, a huge Akshay Kumar fan, is nursing a broken heart. Akshay Kumar (playing himself), is an alcoholic superstar desperately wanting to win the National Award. He is stuck between a Bengali director who gives him tips on method-acting and a secretary, hell bent on getting his superstar boss focus on Rs.200-cr club. Rang Rasiya is a biopic based on a novel of the infamous, avant-garde 19th century painter Raja Ravi Verma. Infamous because he was all too easy with his physical affection in a time of puritan values and scandalously (for the time) gave faces to the the Gods he painted. Avant-garde because he had the guts to invest every last penny into a printing press so that the common man could own a prized painting of the Gods with a face. The story begins with a court trial where the painter is being accused of hurting religious sentiment, promoting pornography in the name of art and corrupting society. An argument we are all too familiar with 150 years later, which is scary. As the trial progresses we dip in and out of Raja Ravi Verma's life and his many loves starting in Kilimanoor in Kerala and spreading to Bombay and Baroda.
She enjoys star status in filmdom, but Priyanka Chopra says she missed having a guiding light in her journey. Now as a producer the former beauty queen plans to promote fresh talent. She calls herself a "baby producer", but the 32-year-old wants to launch new talent in the film world with small, but good projects. Talking about a producer's role, Priyanka told IANS: "I didn't know I was going to produce films. I want to do make small movies and introduce new talent."
Prime Minister Narendra Modi on Sunday promised to get back every penny of the black money stashed abroad, days after his government was accused of making a U-turn on the issue. He said the efforts to bring back black money stashed abroad are on the "right track" even as he acknowledged that there was no correct estimate about how much money is kept illegally in foreign countries. In an address to the nation over radio, he said that bringing back black money from outside the country is an "article of faith" for him and nothing will be lacking in his efforts to do so.