Thursday , June 11, 2026 |   06:18:14 IST
INTL TAXATION INTL MISC TP FDI LIBRARY VISA BIPA NRI
About Us Contact Us Newsletters
 
NEWS FLASH
 
I-T - Subscription-based access to journals, e-magazines or databases is not FTS, unless content is specifically rendered for user's individual requirements: ITAT (See Breaking News) TP - Revenue-neutral related party payments do not justify transfer pricing adjustment where there is no tax arbitrage: ITAT (See Breaking News) I-T - Payments made to foreign telecom operators for data transmission services outside India are not royalty under DTAA so as to trigger withholding u/s 195: ITAT (See Breaking News) TP - Persistent losses in three successive assessment years is sufficient ground for exclusion of comparable: ITAT (See Breaking News) TP - Failure to first issue a draft assessment order renders final assessment order invalid & without jurisdiction: ITAT (See Breaking News) I-T - Once established that assessee had sufficient explained foreign income & remittances are duly sourced from such income, consequent investment in immovable property cannot be deemed unexplained merely because certain payments were not fully verifiable at assessment stage: ITAT (See Breaking News) DTAA - Payment made for offshore supply cannot be construed as FTS in absence of make available clause or no transfer of technology: ITAT (See Breaking News) TP - Capital contribution to wholly owned subsidiary cannot be re-characterized as loan in absence of debt-like features: ITAT (See Breaking News) I-T - Internal allocation of expenditure by one branch/head office to another branch of same enterprise cannot be disallowed u/s 40(a)(i) in absence of payment so as to trigger Sec 195: ITAT (See Breaking News) I-T - Non-obstante clause u/s 144C(13) does not exclude operation of Sec 153 as whole: ITAT (See Breaking News) Industrial dole-outs reach a new peak since global financial crisis: OECD (See TII Brief) I-T - Time limit prescribed u/s 153 has to be adhered to and both Section 144C and 153 are mutually inclusive and interdependent: ITAT (See Breaking News) I-T - Presence of notwithstanding clause in Section 144C(13) would not exclude operation of Section 153: ITAT (See Breaking News) I-T - Receipts from sale of Renewable Energy Certificates are capital receipts and are not taxable as revenue income: ITAT (See Breaking News) TP - Section 94B applies only when debt is from non-resident AE and no corresponding restriction exists for resident AE borrowings: ITAT (See Breaking News) TP - Functional dissimilarity, turnover filter, and abnormal profit calls for exclusion of comparable: ITAT (See Breaking News) TP - TPO cannot question commercial expediency once expenditure is shown to have been incurred for business purposes; assessee must nevertheless establish that services were indeed rendered: ITAT (See Breaking News) TP - Comparables selected in previous assessment years need to be included in current year as well, in identical facts & circumstances: ITAT (See Breaking News) TP - Adjustment on account of interest paid on NCDs cannot be made by ignoring internal CUP: ITAT (See Breaking News)
 
TII SEARCH
 
 
   
Home >> News Brief
 

Transformative policies needed to manage risks of new emerging technologies
By TII News Service
Apr 25, 2024 , Pairs

    

SCIENCE and technology ministers have highlighted the need for governments to develop co-ordinated approaches to harness the opportunities of new and emerging technologies, while better managing future risks, at their ministerial-level meeting at the OECD. 

Participants in the OECD Science and Technology Policy Ministerial 2024 – which drew high-level representatives from more than 50 countries – agreed on the need for policies to foster the development of and adaptation to technologies such as neurotechnology, synthetic biology and quantum technology. 

In their final Declaration, Ministers called for transformative Science, Technology and Innovation (STI) policies to accelerate sustainability transitions and the embedding of shared values in international co-operation and technology governance, alongside policies to make STI more inclusive. 

"The OECD has helped shaped digital policy agendas for decades, through evidence-based recommendations and extensive multilateral and multi-stakeholder cooperation,” OECD Secretary-General Mathias Cormann said. “Today, Ministers have reaffirmed the key role for the OECD to play in supporting policy makers with evidence-based analysis to design and implement transformative policies, in reinforcing shared values in international governance, and in promoting diversity and accessibility for careers in research and innovation.” 

Ministers and high-level representatives from OECD countries, the European Union and partner economies welcomed a new OECD Framework for Anticipatory Governance of Emerging Technologies that promotes responsible innovation and offers tools to help governments identify and address the ethical, social, and legal implications for technological developments before they become entrenched. The Framework also offers governments and innovators pathways to promote and embed key values in technology development through upstream technology assessment, early deliberation and stakeholder engagement, agile regulatory approaches and international scientific co-operation. 

They also welcomed a new Agenda for Transformative Science, Technology and Innovation Policies designed to drive responsible and equitable research, development and innovation. The Agenda offers practical guidance for policymakers to formulate and implement Science, Technology and Innovation reforms. It also outlines key policy actions, including accelerating the productivity of research through AI and automation in science, investing in building digital expertise and specialised skills, and aligning national Science, Technology and Innovation priorities and co-ordinate funding for research and innovation activities to address global challenges. 

The Framework and the Agenda both draw on prior OECD work and legal instruments, and are designed to equip governments and other innovation actors to anticipate and get ahead of governance challenges and build longer-term capacities to shape innovation more effectively. 


Ministers called on the OECD to develop tools for monitoring education and training to promote talent, inclusivity, mobility and careers in research and innovation, including through the launch of a new observatory on research and innovation careers. They also called for strengthening the evidence base for STI strategies and policies, through statistical improvements and strategic intelligence and foresight that will support the implementation and evaluation of both the transformative STI policy agenda and anticipatory governance framework.

 
 
INTL TAXATION INTL MISC TP FDI LIBRARY VISA BIPA NRI TII
  • DTAA
  • Circulars (I-T Act, 1922)
  • Limited Treaties
  • Other Treaties
  • TIEAs
  • Notifications
  • Circulars
  • Relevant Sections of I-T Rules,1962
  • Instructions
  • Administrative Orders
  • DRP Panel
  • I-T Act, 1961
  • MLI
  • Relevant Portion of I-T Act,1922
  • GAAR
  • MAP
  • OECD Conventions
  • Draft Guidelines
  • DTC Bill
  • Committee Reports
  • FATCA
  • Intl-Taxation
  • Finance Acts
  • Manual on EoI
  • UN Model Taxation
  • Miscellaneous
  • Cost Inflation Index
  • Union Budget
  • Information Security Guidelines
  • APA Annual Report
  • APA Rules
  • Miscellaneous
  • Relevant Sections of Act
  • Instructions
  • Circulars
  • Notifications
  • Draft Notifications
  • Forms
  • TP Rules
  • APA FAQ
  • UN Manual on TP
  • Safe Harbour Rules
  • US Transfer Pricing
  • FEMA Act
  • Exchange Manual
  • Fema Notifications
  • Master Circulars
  • Press Notes
  • Rules
  • FDI Circulars
  • RBI Circulars
  • Reports
  • FDI Approved
  • RBI Other Notifications
  • FIPB Review
  • FEO Act
  • INTELLECTUAL PROPERTY
  • CBR Act
  • NBFC Report
  • Black Money Act
  • PMLA Instruction
  • PMLA Bill
  • FM Budget Speeches
  • Multimodal Transportation
  • Vienna Convention
  • EXIM Bank LoC
  • Manufacturing Policy
  • FTDR Act, 1992
  • White Paper on Black Money
  • Posting Policy
  • PMLA Cases
  • Transfer of Property
  • MCA Circular
  • Limitation Act
  • Type of Visa
  • SSAs
  • EPFO
  • Acts
  • FAQs
  • Rules
  • Guidelines
  • Tourist Visa
  • Notifications
  • Arbitration
  • Model Text
  • Agreements
  • Relevant Portion of I-T Act
  • I-T Rules, 1962
  • Circulars
  • MISC
  • Notification
  • About Us
  • Contact Us
  •  
     
    A Taxindiaonline Website. Copyright © 2010-2025 | Privacy Policy | Taxindiainternational.com Pvt. Ltd. OPC All rights reserved.