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Showing posts from February, 2017
TRAFFIC  MANAGEMENT       It is necessary to rearrange traffic pattern on existing streets & reduce accidents.    Some human activities are responsible for many disgusting accidents and rest are for animals,road construction,breakfailure etc. Advantages                        1.Accident reduces                     2.Journey time reduces                      3.Increases vehicle capacity                     4.Closed side streets are used for parking                     5.At morning time max. no of lanes are reserved taffic moving towards the city centre.                     6.At evening time,max no. of lanes are re...
I NDIA,SWITZERLAND sign pact to swap bank   info  :- Now india is ready to demolish black money.India has done well to sign a pact with Switzerland for automatic exchange of information(AEOI) to access details on Indians hiddi ng their money in SWISS BANK.Both countries will adopt rules prescribed by the Organisational for economic Co-operation and development (OECD) to obtain and share financial information  ,helping established audit trails.AEOI  will be implemented based on  Multilateral Competent Authority Agreement (MCAA) which is based on the international standard for the exchange of information developed by the OEC D.    AEOI is powerful tool to identify early  enough undesirable trends in cross-border transaction and can be helpful in identifying errant taxpayers and certain schemes to take remedial action through enforcement and policy intervention. Switzerland  used to be known for very strong secrecy walls till a fe...