Offshore financial centers: Offshore financial centers (OFCs) are jurisdictions that provide tax and regulatory advantages to businesses and individuals. These are centres that are primarily tax havens for wealth management and global tax management rather than providing the fully array of international financial services. Examples include the Cayman Islands, Bermuda, and the British Virgin Islands. These centers offer low taxes, minimal regulation, and strict secrecy laws that make them attractive to those seeking to reduce their tax burden or conceal their financial activities. However, OFCs have faced criticism for facilitating tax evasion and money laundering.
DRDO and IAF flight tested helicopter-launched SANT missile from Pokhran ranges on 11 December 2021.
What is the full form of SANT?
The lighthouse of the Mediterranean Sea is-
In which year was the Indian national anthem sung for the first time at the Indian National Congress Session?
The Red Fort Complex in New Delhi was inscribed on the UNESCO World Heritage List in the year _______.
Which of the following books is an autobiography of the Indian politician LK Advani?
Who among the following Indian women freedom fighters popularly known as Grand Old Lady?
The Union Cabinet's approval for the Pradhan Mantri Awaas Yojana-Gramin (PMAY-G) for the period FY 2024-25 to 2028-29 includes financial assistance for ...
When was the National Institution for Transforming India (NITI) Aayog was formed?
Which state's renowned craft of 'Chandi Tarakasi,' also known as silver filigree, has been officially recognized with a Geographical Indication (GI) tag?
Consider the following statements:
Statement I:
In India, Central Government determines the inflation target, in consultation with Re...