DMPQ: What is Base erosion and profit sharing? Discuss the provisions of the Base erosion and profit sharing project? (Economy)

Base erosion and profit sharing is a tax avoidance strategy by multinational companies, where in profits are shifted from shifted from jurisdiction that have high taxes to jurisdiction that have low tax. Base erosion and profit shifting project is a joint initiative between G20 countries and the OECD , towards the development of a coherent … Read more

River Water Sharing

 MANAGEMENT AND DEVELOPMENT OF WATER RESOURCES   The Central Government shall, on and from the appointed day, constitute an Apex Council for the supervision of the functioning of the Godavari River Management Board and Krishna River Management Board.   The Apex Council shall consist of: (a) Minister of Water Resources, Government of India—Chairperson … Read more