• IEEE CS and AT&T to Host Hackathon in Conjunction with Rock Stars of Cybersecurity
  IEEE Computer Society and AT&T will be holding an #ATTHACK Mobile App Hackathon on September 19-20 in Austin, Texas, in conjunction with the September 24 Rock Stars of Cybersecurity conference in Austin.
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• IEEE CS Board of Governors Approves New Executive Committee Members
  The IEEE Computer Society Board of Governors has approved the Executive Committee members who will serve under 2014 President Dejan Milojicic, who begins his term this month.
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• IEEE CS Collaborates with NetApp to Offer Storage and Data Management Education to Students
  NetApp® and IEEE Computer Society are collaborating to provide IEEE Computer Society Student members with the NetApp Certified Storage Associate (NCSA) certification for a reduced price.
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• IEEE CS Honors Accomplishments of Five Renowned Technologists
  Five prominent technologists working in areas ranging from computer security and parallel processing to pattern recognition and information retrieval have been named as recipients of IEEE Computer Society Technical Achievement Awards.
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• IEEE CS Journal Highlights Capabilities of Companion Technologies
  In the Academy Award nominated movie "Her," an operating system gains a man's love by promising to fulfill his every need. Such companion technologies are not just the subject of fiction, however. New systems in the rapidly evolving field are emerging everyday, indicating the companion technologies will soon become part of our every day home and work lives.
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• IEEE CS Special Technical Community on eGovernment Members to Present Tutorials at ITMC 2,014
  Two members of the IEEE Computer Society Special Technical Community on e-Government (e-Gov STC) will be holding tutorials on technology trends for open and smart government at the IEEE International Technology Management Conference on 12 June in Chicago.
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• IEEE CS's myComputer Personalized Content Tool Is Now Available to Enterprises
  myComputer, IEEE Computer Society's new personalized information tool that lets technology readers customize their experience and stay up to date on specific interests, is now available to enterprise customers.
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• IEEE Security & Privacy Magazine to Host CISO Viewpoint Panel at RSA
  Cigital CTO Dr. Gary McGraw will lead a panel of security industry leaders in a discussion of how established security principles operate in today's charged security environment during IEEE Security & Privacy magazine's panel at RSA Conference 2014.
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• IEEE-CS and ACM Recognize Charles Leiserson for Advances in Parallel Computing Systems
  Charles E. Leiserson of Massachusetts Institute of Technology (MIT) will receive the 2014 ACM-IEEE Computer Society Ken Kennedy Award for his influence on parallel computing systems and their adoption into mainstream use through scholarly research and development.
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• Income Tax Hike for Dormant Companies in Italy
  Dormant companies in Italy will be paying a higher corporate tax rate in 2012 as per the new Italian tax law. Companies that can be considered ‘dormant’ will have to pay 38% corporate income tax (IRES) tax rate next year compared to the current rate of 27.5%.
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• India Extends Due Date for Filing E-forms 23AC (Non-XBRL) and 23ACA (Non-XBRL)
  India has extended the due date for filing of e-form 23AC (Non-XBRL) and 23ACA (Non XBRL) with the issuance of General Circular No.38/2012 dated November 23, 2012.
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• India Imposes Restrictions on Currency Futures and Options Trading by Banks
  The Indian Central Bank, the Reserve Bank of India (RBI) has barred banks from trading in currency futures and exchange traded currency options market in a bid to stem the declining value of the India Rupee (INR).
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• India Introduces Changes to EEFC Account Norms
  The Indian Government has introduced changes to the Exchange Earners' Foreign Currency Account (EEFC) norms. As part of the revision, exporters or individual professionals who have an EEFC account will now have to convert 50 percent of their balances into rupee balances, and they will also be given permission to purchase foreign exchange by accessing the forex market only after extinguishing their existing EEFC account balances.
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• India Issues Draft Safe Harbour Rules on Transfer Pricing
  On 14th August, the Indian Government has issued draft provisions on safe harbour regulations, inviting comments from the public. The same will be accepted until August 26, 2013.
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• India Liberalizes Foreign Direct Investment in Various Sectors; Encourages Foreign Investors to Invest in India
  The government of India is liberalizing Foreign Direct Investment (FDI) in various sectors for economic growth. As indicated by the government, the reforms in multi-brand retail trade, single brand retail trade, civil aviation and broadcasting sectors will encourage foreign investments and increase growth.
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• India Likely to Amend Labour Laws
  The Planning Commission of India has recommended an overhaul of the existing labour laws in order to give a boost to the sagging manufacturing sector, says Nair & Co. which provides global HR services for companies setting up foreign operations.
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• India Passes Finance Bill for 2013-14: Updates from International Tax Consulting Team
  The Indian parliament cleared the Finance Bill on April 30, 2013. It has issued a clarification regarding Tax Residency Certificates (TRC) issued by a foreign government.
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• India Publishes Tax Amnesty Application Procedure for Service Tax Defaulters
  Further to the announcement of the Service Tax Voluntary Compliance Encouragement Scheme, 2013 (referred to as ‘Service Tax Amnesty Scheme’), the Indian Government has recently published a detailed application process for making an application under the scheme.
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• India Releases Final Version of MCA XBRL Validation Tool
  Indian Ministry of Corporate Affairs has released the final version of MCA XBRL Validation Tool. Effective since October 14th, 2012, XBRL filings of financial statements have been enabled on Ministry of Corporate Affairs website for accounting years beginning on or after April 1st, 2011.
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• India Revises Tolerance Band for Transfer Pricing: Updates from International Tax Consulting Team
  The Indian government in a recently issued notification has modified the “tolerance band” for the Assessment Year 2013-14 which will ascertain arm’s length pricing for international payments between related parties.
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