Thursday, August 21, 2014

FOR THE DAY Assorted e'flashes

On TOP
BL
Sept. 27




From the common viewpoint of both the company and its shares- and other -stake holders, let alone personal, by any standard, his career , in one's perspective,  deserves  to be regarded as no 'small' achievement  but a mission accomplished. Especially, if were to be  looked at bearing in mind the not-so-commendable state of affairs largely prevailing in today’s corporate world- to be precise, in the matter of 'good governance' in its profound sense.
Incidentally, apart from the two hitherto well known concepts of "IQ" and "EQ" , has come to be mooted lately yet another- known as "?” mooted anew and propagated through the media. That shows there is no dearth of scope for exploring further, - the “spiritual “ aspects of life and to learn the “art of living”; and extending it to the mundane world in general, the corporate world in particular.

Listen for enlightenment HERE:


(?) = “Pygmalion”

Read> What is your organisation's Pygmalion Quotient? | Business ...





itatonline


CBDT Issues Handbook To Explain How TDS Is Processed By CPC






Yahoo

GST implementation from April 2016 feasible: Official



BS


 







Repeal 72 obsolete laws, recommends law panel

The Law Commission on Friday gave an interim report to the ministry of law and justice, recommending repeal of 72 of 261 laws it has identified ...



OFFHAND
If perceived earnestly, and considered objectively, the task of repealing old /obsolete laws may have to be pushed to a second line of action.  For, apparently, even in the normal course of events, more so for historical reasons, or with efflux of time, etc. ; if not all, most of those would have become redundant on their own, having lost the teeth to bite / not really in force or being enforced. Instead, one thinks, the law commission must first frightfully engage itself and come out, on a top priority footing, with constructively practical  suggestions and effective solutions ,  to the governments, of the Union and the States, as to how best to give a fresh lease of life and give a hard push to implement and enforce more than one of those laws , not-so-old or obsolete, manly of the States, but nonetheless have been wantonly allowed to simply rest for long, as a ‘paper tiger’, within the bounds of the statute book. One such instance is the law(s) having post -independence origin; being the special law(s) with a laudable objective of regulating the realty sector; to be precise, the business of construction and sale of multi-storeyed buildings /comprising indivisible but ‘independent’ units (flats/Apartments).

The topmost need for doing so has been repeatedly underlined, of late dilated on, through material placed on devoted websites, but until now with no outcome worth a mention.The reported recent developments and related fresh moves from the Housing Ministry are not noted to have any immediate solutions to offer, to the multiple woes of the gullible buyers' community, being the victims of the 'villainy' foisted and perpetuated for long.


GOODREADS>





TG

CAs on warpath !

 CA Community Files PIL against Revised Tax Audit report in Delhi & Other HCs

TOI

PMO website relaunched with Modi's message, pictures






 

The term "social media", in its true /truthful sense, otherwise given the status of "THE FOURTH ESTATE"*, is a necessary concomitant of any democracy.

As said by a great man, a visionary, more so a social activist par excellence,- free press is as essential to a democracy to survive , as oxygen to human beings. Democracy without a free press is a contradiction in terms. it is not an optional extra. To get enlightened on a first hand basis, read the published speech, so titled* : Source Book , worth its weight in soulful wisdom - We, the Nation THE LOST DECADES.

 

 

 

Modi govt's use of social media illegal: Govindacharya - The ...



BL



Web
Do Browse >
 Is Fox a cunning or wise animal ? >

cunning marked by skill in deception "cunning men often pass for wise" ... n cunning The natural wit or instincts of an animal: as, the cunning of the fox or hare.




Animal Symbolism - Animal Totems - Animal Totem Jewelry ...


Think of "Fox" - to instantly be reminded of 'Sour Grapism" - A Philosophy BY Itself ?!

Read Below Related @ >>>>>
BL
Sept. 1


For The Day >
Vinay Mantha

The new-age CFO and his many avatars

Mid-career executives make a beeline for global degrees

How Bharat’s new CEO inspired on I-Day

EXECUTIVE SUMMARY: You’re in trouble!

CRISIS MANAGEMENT

Longevity is the name of the game for a successful career

To move ahead fast, learn lifelong


prev.



The Supreme Court’s reminder that the executive needs to observe “constitutional propriety” while... »      3 comments



itatonline

CBDT To AOs: Respect Taxpayer’s Time And Don’t Make Them Wait


"Time Management" -

What is Time Management? - Blogspot.com‎


BL

Walking the thin line

As is quite commonly observed in our times, increasingly so in very recent decades, there is nothing even in theory , forget in practice, as is being regarded or truly perceived as 'the thick line'. It is always a thin line - call it a line of distinction, or demarcation, or whatever. Consider for instance,- 'line of control' between two countries ; the three distinct, or so meant, functionaries for good governance as envisaged in the nation's basic charter, being legislature, judiciary and executive . In pith and substance, what ultimately one is speaking of is the objective line of distinction between RIGHT and WRONG in the original (at the inception) sense of the two concepts; which has been, to suit the majority mindset of the Homo sapiens, unwittingly or otherwise continued to be rendered thinner and thinner. So much so, the prospects of even such a ever thinning line eventually becoming totally extinct cannot at all be ruled out.
This is an area, for ostensible reasons, left only is those still surviving 'philosophers' and 'humanists', if any, amongst the modern time 'wonders' walking the planet earth, to devoutly devote time and mind to embark on an applied research of such a subject, simply for academic purposes,- though not expected to serve any utility purpose (to be of earthly use, so to say).


TG

 ICSI Presidents Message – August 2014

TOI



8600 cases pending in family court 


<> Offhand


The media has, in its unmistakable zest and unquenchable thirst  for anything truly or believed to be sensational, gone on to give publicity to the update of statistics in relation to a matter , - 'family' – once upon a time righteously regarded as a ‘sacred institution’; which, if some insightful thought is given may be realized, has nothing sensational about it. On the contrary brings to surface the growing irrational outlook of man and woman, who have opted to and joined in wedlock. According to a counter-view lately gaining currency and being canvassed in the virtuous circles, howsoever limited that be, the striking worrisome inquiry must be - why at all litigation should be encouraged; for that matter, why at all, you should keep on opening more and more avenues - courts, judges, lawyers , w ho, in the ultimate analysis,  cannot be imagined or expected to have an absolutely 'objective view' – should betterment of ‘societal welfare” be given priority and kept upfront. Instead, perhaps, every such court should have in its front gate a sign board loudly cautioning /stressing something on these lines, – United be if to survive, Divided be if to perish ?! Alternatively, the dubious concept of ‘judicial separation’ ought to be given a go by ; instead, separation, if so decided determinedly and irrevocably bent upon, must be made much easier (- the formula of "balance- of convenience" is, after all, not unknown or unfamiliar but off and on chosen to be adopted on the drop of a hat, so to say) - just as, proclaiming ‘talaqh’ 3 times, before the close (?)  ‘relatives’ (??) of both the man and woman.

<><> KEY note:

"....a whopping 8,600 cases are pending, with the oldest one dating back to 2003."




                

< Lesson- seek separation (to rhyme with 'catch young'), while young and have a clear and sure balance of lifeline left.
<< Another alternative, especially to those who believe in formalization or legalization, the doors of the "REGISTRAR " are ajar anyway !




CD

ACROSS THE BORDER


Battles Rage for a Better World | Your Week In Review
Common Dreams


'Not for Shale': UK Protesters Launch Widespread Actions Against Fracking
by Lauren McCauley
Targeting both industry and government, series of direct actions kicks off week-long anti-fracking camp in Blackpool, England.



'This is the Story of Power in this Country': Ferguson, Institutionalized Racism and the Militarization of Police
by Nadia Prupis
The Center for Investigative Reporting found in 2011 that more than $34 billion in federal grants have gone to stocking police forces with tanks, riot gear, and assault weapons.


Within..
TOI



Times of India ‎- 20 hours ago
The NDA govt had to face tough moments in SC over the denial of LOP status to Cong in the Lok Sabha, with a bench led by Chief Justice R M ...

<><> ".....a more transparent alternative? 
As someone intelligently questioned, the heated debate set in fast motion, perhaps unmindful, is rather premature at this hour. But, if viewed with a different stroke, other points of common sense poser intriguingly are, among multiples, selectively these:- Is not 'more' transparent basically a wrong approach ? Any ideal , if not ideological, alternative, in own perspective, must either be transparent or not transparent; nothing neutral or mediocre (translucent having an ominous , and extensively undesirable, diffused foreboding) . But then, in today's context , is that not too much for any mortal, howsoever high or low by any conceivable measure he be, to even aspire for even in the wildest of anyone's dream or imagination, except if obsessed with illusion ? What is the 'balance', as an instrument, to be used - it it one as perfectly made by an honest and upright fabricator with a balanced mindset, or that tampered with as often used by a roadside vendor of edibles such as 'tarkari ? All seem to be so mind boggling as eventually land any commoner even if endowed with a balanced and unbiased mindset in a quandary , nay vicious circle !














BL



»
Restore balance: Appoint judges fairly. corgarashu / shutterstock.com
MS Ananth
All eyes are on the Supreme Court: it will decide on the validity of the Judicial Appointme... »      1 comment

< Administration of justice
While it is easy to examine the contribution of a judge to the jurisprudence of law, it is difficult to examine the (negative) effect of a particular judge on administration of justice without cogent evidence. While people are quick to make allegations of corruption against a judge, it is imperative that these objective standards be applied while examining such allegations. >

<> ".....a more transparent alternative " ? The solitary comment displayed as at the moment is seen to rightly raise a fundamental question calling for a mindful note. But, with a different stroke, other points of common sense poser are, among multiples, selectively these:- Is not 'more' transparent basically a wrong approach ? Any ideal , if not ideological, alternative, in own perspective, must either be transparent or not transparent; nothing neutral or mediocre (translucent having an ominous , and extensively undesirable, diffused foreboding) . But then, in today's context , is that not too much for any mortal, howsoever high or low by any conceivable measure he be, to even aspire for even in the wildest of anyone's dream or imagination, except if obsessed with illusion ? What is the 'balance', as an instrument, to be used - it it one as perfectly made by an honest and upright fabricator with a balanced mindset, or that tampered with as often used by a roadside vendor of edibles such as 'tarkari ? All seem to be so mind boggling as eventually land any commoner even if endowed with a balanced and unbiased  mindset in a quandary , nay vicious circle !



ICL
Aug 23


Posted: 22 Aug 2014 04:25 AM PDT
Q
Last week’s Schumpeter column in the Economist carries a provocative idea that involves a complete relook at the way boards of companies are structured and operated. It borrows a proposal from an article titled “Boards-R-Us: Reconceptualizing Corporate Boards” authored by two leading US corporate law academics. The column summarizes the proposal as follows:...
UQ


<> What is so radical about the idea, if not revolutionary! Even grating that be so, have all the required vital considerations been kept in focus and duly taken into account ?

As the write-up itself says,- it is an extension of the extant 'management consultancy' (engaged for appointment of key and other personnel) - a form of outsourcing but this time, of the very selection of the 'board' members, an essential arm, with a host of serious and burdensome fiduciary responsibilities, for corporate governance, hitherto remaining the prerogative of the shareholders. How about the conflict of 'vested interests’, mainly promoters and major shareholders ?

As of now, one's hunch , of course, rooted in irresistible 'pessimism', is, - may be for a few decades more, at best, serve as a spirited pastime for academicians / theoreticians / like species , across (outside of) the 'board' to keep selves engaged  in debating!

This is yet another in the series of ultramodern ideas being floated around, simply for sake of it; to recall what a great renowned visionary said, - one is tempted to remind self that, the belief that man is the only rational living being was created by man and unto himself,  in one of those ebullient moments of "self-adulation" (something unknown or alien to the very original concept of 'adulation")

Over to ' think tanks' -the new innovative idea catching up with Homo- sapiens >


http://img1.blogblog.com/img/blank.gif

The concluding observation, verging on individual's conviction, by itself sounds too pessimistic to seriously consider whether at all any such idea could help in providing even remotely a starting point for deliberation. The uppermost genuine worry is this:  in the name of or attempt at "total overhauling", the job (akin to that of a car mechanic) ought not to leave anyone or more essential parts (ends) left out un-fitted, thereby endangering the basic objective of “corporate governance” itself .






For highlighted facets ref. >

http://vswaminathan-swamilook.blogspot.in/2014/08/corporate-law-old-and-new.html


CROSS refer >






@
http://yabaluri.org/TRIVENI/CDWEB/radhakrishnantheeducationistapr96.htm

< ‘Education’ in its profound sense is the most fundamental of all fundamentals , and the most essential  of all the necessities of life- that is, for living the way ought to be lived.  It is a national tragedy that has remained to be realized, and pushed to the back row, rather increasingly come to be unrealized with the passage of decades. In our so dubbed modern times, the basic scheme of things that ought or continue  to desirably have been in place, have been unwittingly  subjected  to violent changes, mainly in an unprecedented urge to keep in  tune with the changing mindset of humans.. To be precise,  regardless of the strata, society, family or any other  of life situation an individual belongs to, can only be classified into, and fall under ether of the  two types: Literate illiterates, or illiterate literates. To be precise, to call one ‘educated’ in its righteous sense is tantamount to self-deceit.

In such a disgustingly degraded or degenerated   scenario/  environments, perhaps, if earnestly wish for to bringing about any change for the better, whatever be its true measure,  the only solution can lie in reading and learning the first lessons, - not the traditional so called “3 rs “,from the life books of our venerated old generation,. One that instantly comes to mind is that of the  ‘Educationist’ (‘Educator ‘) par excellence -  A leaf from that real life book  is HERE:  http://yabaluri.org/TRIVENI/CDWEB/radhakrishnantheeducationistapr96.htm >


    @





























  1. The Fox and The Grapes! : Moral Stories : Short ... - English

    www.english-for-students.com/The-Fox-and-The-Grapes-1.html
    He wanted to eat the grapes. So, he jumped and jumped, but in vain. But he could not reach the grapes. So, the fox went away saying, “Those grapes are sour.!” ...


TG

Aug 22






Indirect Taxes Committee (IDTC), Direct Taxes Committee (DTC), Committee of International Taxation (CIT) and Committee on Public Finance and Government Accounting (CPFGA) jointly brought an E-Flash on Amendment made by Finance Act (No. 2), 2014 for the benefit of the members.

Indirect Taxes Committee (IDTC), Direct Taxes Committee (DTC), Committee of International Taxation (CIT) and Committee on Public Finance and Government Accounting (CPFGA) jointly brought an E-Flash on Amendment made by Finance Act (No. 2), 2014 for the benefit of the members (please click to open the link). - See more at: http://taxguru.in/income-tax/eflash-amendment-finance-act-2-2014.html#sthash.gITql5Sb.dpuf
Indirect Taxes Committee (IDTC), Direct Taxes Committee (DTC), Committee of International Taxation (CIT) and Committee on Public Finance and Government Accounting (CPFGA) jointly brought an E-Flash on Amendment made by Finance Act (No. 2), 2014 for the benefit of the members (please click to open the link). - See more at: http://taxguru.in/income-tax/eflash-amendment-finance-act-2-2014.html#sthash.gITql5Sb.dpuf
Indirect Taxes Committee (IDTC), Direct Taxes Committee (DTC), Committee of International Taxation (CIT) and Committee on Public Finance and Government Accounting (CPFGA) jointly brought an E-Flash on Amendment made by Finance Act (No. 2), 2014 for the benefit of the members (please click to open the link). - See more at: http://taxguru.in/income-tax/eflash-amendment-finance-act-2-2014.html#sthash.gITql5Sb.dpuf

 
No absolute right of an Advocate to have appearance in any Court – Gujarat HC

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