While presenting the 2015-16 Wholesale Aluminum Frying Pan for sale Budget, Finance Minister Arun Jaitley had said Parliament needs to take a view soon on a procurement law.The government will soon bring a new law on public procurement to check corruption and domestic black money, Prime Minister Narendra Modi said on Monday, while seeking greater global cooperation for return of illicit money stashed abroad.He said he looks forward to collective action to implement the Automatic Exchange of Information initiative.G20 must continue to give priority on combating corruption, Modi said, while appreciating the efforts by the private sector in promoting transparency and integrity. The bill aims at ensuring transparency, accountability and probity in the procurement process, fair and equitable treatment of bidders, promote competition, enhance efficiency and economy, and maintain integrity and public confidence in the process.The PM also said that International Monetary Fund (IMF) should remain a quota based institution and not depend on borrowed resources. We will soon bring out a legislation on public procurement," he said.
"I hope that the ratification of the reforms of 2010 in the United States would be completed at the earliest," he said. To strengthen international efforts, all countries should implement the Common Reporting Standard based on Automatic Exchange of Tax Information," he said.Further, the PM appreciated the Turkish Presidency for delivering the Base Erosion and Profit Shifting (BEPS) package within the agreed timeframe.Currently procurements made by the central government are regulated by executive instructions in the form of General Financial Rules and manuals and procedures issued thereunder.
A further 36 jurisdictions have committed to share by 2018, including jurisdictions which have beneficial tax regime.Telegram, which was launched in 2013, has become popular among activists and ordinary Iranians because it is seen as being more secure than its rivals.Whilst the likes of Ben Williams, director of operations at AdBlock Plus argue that ‘No one ever opted in for advertising online.3 million downloads a week. From a user and publisher perspective perhaps this is a more preferable route to educating the industry. So we will see an increase, from an already high revenue base, for search marketing and paid social media – which can’t be blocked.Given that situation, exactly what damage can ad-blocking cause to the industry, both publishers and advertisers alike.TechCrunch highlighted recently that ad-blocking software such as Disconnect, doesn’t block all ads, as it is focused on privacy.According to PageFair and Adobe, there are now 198 million ad blocker users, up from 21 million in 2010.