Showing posts with label India-Israel. Show all posts
Nov 28, 2015
India-Israel co-developed LRSAM missile successfully flight-tested
Long Range Surface-to-Air Missile (LRSAM) was on 27 November 2015 successfully flight-tested for the first time from an Israeli Naval Platform.
The trial test was undertaken by Israel Aerospace Industries (IAI) in the presence of Defence Research Development Organisation (DRDO) scientists. During the test the missile achieved the desired goal by hitting the incoming target.
About Long Range Surface-to-Air Missile (LRSAM)
- LRSAM is also called Barak 8 missile in Israel which in Hebrew language means Lightning.
- Barak 8 is an advanced, long-range missile defence , air defence system. and it's main features are long range, active radar seeker missile, vertical launch and multiple simultaneous engagements.
- For the LRSAM, DRDO has developed dual pulse propulsion system along with other safety arm mechanisms for Solid Propulsion system.
- The LRSAM programme consists of Missiles, Weapon Control System, MFSTAR (Radar), Vertical Launcher unit and two- way data link.
- It is capable to counter a wide variety of air-borne threats such as anti-ship missiles, aircraft, UAVs and drones as well as supersonic cruise missiles.
Oct 8, 2015
Union Cabinet gives nod to amendments to tax avoidance pacts with Israel, Vietnam
Union Cabinet has approved the Protocol amending the Double Taxation Avoidance Convention (DTAC) India-Israel and Double Taxation Avoidance Convention (DTAC) between India-Vietnam and.
Decision in this regard was taken by the Union Cabinet meeting chaired by the Prime Minister Narendra Modi in New Delhi.
These agreements seek for the avoidance of double taxation and for prevention of fiscal evasion with respect to taxes on income.
The Protocol provides
- International standards for effective bilateral exchange of information on tax matters including bank information and information without domestic tax interest.
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