New Delhi: The government today said there is no specific tax exemption on expenses incurred by companies under the Corporate Social Responsibility (CSR) activities.
The new companies law, which came into force from April 1, requires certain class of profitable corporate to shell out at least 2 per cent of their three-year annual average net profit towards CSR works. “…no specific tax exemption has been extended to expenditure incurred on CSR,” Corporate Affairs Minister, Arun Jaitley said in the Lok Sabha today.
However, he said that several activities that are part of Schedule VII of the Companies Act, 2013, already enjoy exemptions under the Income Tax Act, 1961. These activities include contribution to Prime Minister’s Relief Fund, scientific research, rural development and skill development projects. Schedule VII of the Act pertains to CSR.
“As regards contribution made by companies under CSR towards Swachh Bharat and Clean Ganga, no specific tax exemption has so far been made,” Jaitley said in a written reply. Responding to a query on whether the government has taken note of private sector companies trying to evade CSR on one pretext or the other, the minister said that information with regard to compliance would be available only after September 2015.
“This is the first year of implementation of CSR by companies under the Act. Information on compliance by companies in this regard will be available only after statutory annual returns on CSR are filed by companies, including private sector companies, which are due after September 2015,”
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Kreshnik Berisha, 20, has been jailed for three years and nine months in Germany.
Berlin: A German court today jailed a jihadist militant for three years and nine months in the country’s first trial of a member of the Islamic State group fighting in Syria and Iraq.
Kreshnik Berisha, 20, born near the business capital Frankfurt to a family from Kosovo, was found guilty of membership in a foreign terrorist organisation, said presiding Judge Thomas Lagebier.
Berisha had admitted in court to having joined IS and taken part in fighting in Syria.
The prosecution had called for a sentence of four years and three months, while the defence had urged a lesser term of three years and three months.
Federal prosecutors had told the court that Berisha travelled to Syria via Turkey in July 2013 with other Islamists planning to join the fight to create a “Caliphate” straddling Syria and Iraq.
He returned home for unclear reasons in December 2013 and was arrested at Frankfurt airport.
The trial opened in September.
DAVID BECKHAM is following in wife Victoria’s footsteps by launching his own label with Simon Fuller. The deal is with Global Brands – a subsidiary of the Hong Kong-based consumer brands supplier Li & Fung – who are also responsible for the distribution of Calvin Klein, Tommy Hilfiger and New Balance goods among others.
Global Brands has previously talked about its interest in “creating large-scale global brands in partnership with a select number of high-profile iconic sports and entertainment stars and rights holders,” reports WWD. It cited Beckham’s “star power and status as one of the world’s most famous sports and style icons,” and Fuller’s “deep understanding of consumers, talent, and sports and entertainment rights,” as the reasons for pushing ahead with the deal, which is said to be a men’s sportswear label.
Fuller, who has been a business partner and adviser to the Beckham family since the Spice Girls’ days, has steered the Victoria Beckham label to the global success that saw it win the British Brand award at this week’s British Fashion Awards.
A fusion of Broadway and classical Indian dance styles like Chahu, Odissi and Gumar was presented at the International Ancient Arts Festival, which brought back memories of the gruesome infamous 2012 Delhi gangrape.
“In our title program ‘Antaryatra’ we have showcased through yoga how a change in our nature can bring about a change in our actions towards society and human beings to bring about peace and prosperity,” Reela Hota, Odissi dancer and festival director said.
The two-day festival began here late last evening.
The first presentation ‘Antaryatra’ was a blend of different dance styles and according to Hota was aimed at making people gender sensitive by enlightening them about the yogic ‘Chakras’ and importance of attaining a higher ‘Chakra’.
“We tried to show the Nirbhaya gangrape case. The people acted in such a inhuman way because their ‘Mooladhara’ chakra was active, and so they acted the way they did,” Hota said.
According to yogic practise, a soul evolves from chakra to chakra. Each chakra has certain attributes and a man’s nature, as well as actions are governed by them. One can elevate oneself to a higher chakra, to be a better human being, and lead a more harmonious life. And that in turn can contribute towards creating a peaceful society.
In the dance, historical and contemporary figures have been depicted to show the physical manifestations and relevance of this seemingly esoteric theme.
“Yoga says that the chakra which we have which is our inner nature we act according to it. A human being has seven subtle chakras according to yoga. It is said the people who have an active ‘Mooladhara’ the human being is selfish, violent, stressed and angry,” Hota said.
The entire dance drama comprised seven acts showcasing the rise of man to the highest chakra of divinity which helps in building a better society for peace and prosperity.
“One needs to attain a higher chakra than ‘Mooladhara’ for instance emperor ‘Ashoka’ who was depicted by one of our artists from the United States using Broadway free style was very interesting. The emperor took lives because of his ego but changes after he sees the devastation he has caused and turns into a Buddhist and inner change takes place,” Hota said.
Chloe Chevaleyre, a contemporary ballet dancer from France who plays the role of Nirbhaya, the gangrape victim said,”I would like to tell you that the ancient arts project really matter to me. I also believe in the richness of the sharing between all form of art, that’s why I am visiting India for this project.”
Artists also showcased higher chakras like ‘Visuddhi’, ‘Sahasrara’ and ‘Mokshya’ which shed light on the paths taken by Meera Bai and Lord Buddha to enable them to become better human beings.
Questions over clinical data from at least two Indian manufacturers of generic medicines bought by the NHS threaten to undermine British public confidence, top inspector sIndian manufacturers of cheap generic drugs prescribed by the National Health Service may not be trusted because several have altered the testing data submitted to Britain’s regulator, according to the agency’s director of inspections.
At least two Indian pharmaceutical firms which supply British chemists and hospitals had either failed to submit original data from tests on the drugs or actually changed the data on which the regulatory body decides whether they meet the required manufacturing standards and can remain on sale in Britain.
The disclosure was made by Gerald Heddell, director of inspections at the Medicines and Healthcare Products Regulatory Agency which inspects all plants manufacturing drugs for use in Britain, in an interview with the Economic Times of India.
His comments follow the recall of five drugs manufactured by Wockhardt, one of India’s largest producers of cut-price generic medicines. They also follow the record fine against Ranbaxy, the largest Indian supplier of generics to Britain, by the United States’ Food and Drugs Administration (FDA) earlier this year.
Generic drugs are cut price versions of branded medicines and their increasing use in Britain saves the National Health Service billions of pounds every year. Around 20 per cent of medicines sold in Britain are generics from India.
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Their use however has come under intense scrutiny since Ranbaxy, the largest Indian supplier to Britain, was fined £330 million by the FDA – a record for a generic manufacturer – earlier this year. It accepted seven charges of selling improperly prepared drugs, failing to report that its drugs did not meet specifications and submitting false information. The FDA and Britain’s MHRA had been alerted by a whistleblower who revealed that the company had used a testing lab which submitted falsified data on the shelf-life of the medicines. Britain’s MHRA also found significant deficiencies in its Indian operations including poor test record keeping, mixing different strengths of tablets and failing to properly test for storage conditions and shelf-life.
In the interview, Mr Heddell said while the British public had not lost confidence in Indian medicines it might yet if its manufacturers do not become more transparent in their handling of testing data and avoid further controversies.
According to the Economic Times, Mr Heddell said there had been concerns about 90 products made by Wockhardt, one of the largest Indian medicines suppliers to Britain, and that 60 of them were recalled.
“The issue, the biggest single issue that we are concerned about, is the degree to which we can trust their data which they produce. There are other GMP (good manufacturing practice) non-compliances, but the thing that concerns us the most, at the top of the list is, that can we trust data from this company?” he told the paper.
There had been cases where the firms had rewritten damaged test data documents and submitted them as clean copies, he said. “You cannot do that. You have to retain original records. So it went on from just being wanting to please to actually changing some of the data. It was not just the Wockhardt case, but an earlier case. So yes, there is an element of wanting to please. But the best way to please us is to recognise that there is an issue, to deal with it, and to prevent it from recurring and make sure everybody has confidence on those documents,” he added.
His mission in India was in part to encourage its drugs manufacturers to operate more openly and honestly and “don’t just tell us what we want to see”, he said.
Both Ranbaxy and Wockhardt have insisted that they have not misled the British regulator nor put British patients’ health and safety at risk. They noted that regulators had confirmed they had found no evidence that the medicines concerned were unsafe or defective. However Ranbaxy pleaded guilty in May to violations of US federal drugs safety regulations and agreed to pay a $500 million fine.
Yes, India now has a minister of yoga — and he and his government want their cultural bliss back.
Indian yogic tradition appears in Hindu texts written thousands of years ago. But the discipline bears scant resemblance to the popular exercise regime that has become a multibillion-dollar industry in the West, home of $90 Lululemon stretch pants and Mommy and Me fitness classes.
In recent weeks, Indian officials have begun efforts to reclaim yoga for the home team, making plans for a broad expansion of the wellness practice into all facets of civic life — including more than 600,000 schools, and thousands of hospitals and police training centers. They are spearheading efforts to promote and protect India’s most famous export, even quietly weighing a “geographical indication” for yoga, a trade protection normally given to region-specific goods such as Champagne from France or oranges from Florida.
“There is little doubt about yoga being an Indian art form,” Naik said. “We’re trying to establish to the world that it’s ours.”
Prime minister, Narendra Modi, is pushing the effort. The 64-year-old premier rises at 5 a.m. daily for yoga stretches and deep breathing, and he credits this regimen with his ability to sleep just a few hours each night.
“I am equally energetic from morning till night,” Modi told fans during a Google Hangout. “I guess the secret behind it is yoga and [breathing exercises]. Whenever I feel tired, I just practice deep breathing and that refreshes me again.”
Modi’s devotion to the practice is so heartfelt that during his first speech to the United Nations General Assembly as prime minister in September, he discussed peace, global development — and International Yoga Day.
This disappointed some of his followers, who had hoped that he would use the grand occasion to say something more significant; also, there already was a World Yoga Day. But more than 130 countries have signed on to Modi’s proposal, which the U.N. General Assembly is set to consider Dec. 10.
Although yoga has been a part of India’s heritage for centuries and Westerners flock to the country’s ashrams for enlightenment, it was only in the past two decades or so that yoga became trendy in India, with studios opening and Bollywood celebrities making fitness videos.
Some of the credit goes to Baba Ramdev, the saffron-robed guru who popularized yoga and what he says are its health effects — he claims it can reverse homosexuality and cure cancer and swine flu — on a morning TV program watched by millions. Baba Ramdev also is a close ally of Modi’s.
“The saints and gurus practiced in the Himalayas but never took it to the general public,” Naik said. “Only Baba Ramdev knew how to take it to the people. Now it’s our turn to promote it more vigorously.”
India’s new embrace comes during an ongoing public debate over the genesis of yoga and whether the bastardized and secular versions practiced in the West — nude yoga, rave yoga, kickboxing yoga — are even yoga at all. The discussion was fueled by The Washington Post’s On Faith blog in 2010, when a board member of the Hindu American Foundation (HAF) exhorted Hindus to “take back yoga and reclaim the intellectual property of their spiritual heritage.” Mega-guru Deepak Chopra fired back, saying that “yoga belongs to the whole world.”
Sheetal Shah, a senior director of HAF, which spearheaded the “Take Back Yoga” campaign, said: “Nobody owns yoga. Our idea was not to claim ownership; it was just to acknowledge that the philosophy behind yoga is based in Hinduism.”
The Indian government has not been pleased when Western practitioners of holistic medicine have tried to patent or copyright the traditional practices. First, there was the great turmeric war of 1997, after the University of Mississippi Medical Center patented the healing properties of turmeric, a spice used in every Indian kitchen and known for medicinal qualities. The Indian government filed a complaint, and the patent was revoked. Then Bikram Choudhury, the Indian-born founder of hot yoga who practices in Los Angeles, tried to copyright his yoga series.
He was not successful, but Indians learned a lesson. For more than a decade, they’ve been building a vast compendium of age-old medicines and practices, the Traditional Knowledge Digital Library, which is now available to patent offices worldwide. They are documenting 1,500 yoga poses, some by videotape, which will be added online next year to help prevent the “misappropriation” of yoga by commercial enterprises, said Archana Sharma, the project’s leader.
Meanwhile, Modi, has started a “Make in India” campaign to boost manufacturing and attract foreign investors to opportunities in the country, including its $8 billion wellness industry. Modi said the country had missed the opportunity to market its industry of yoga and herbal medicine globally.
In recent days, a new energy enlivened the normally quiet halls of New Delhi’s Morarji Desai National Institute of Yoga, the government’s premier yoga academy, which is helping implement the regimen’s expansion throughout India’s public sphere.
Students and office workers gathered for lunchtime sessions at the institute, which is named after an Indian prime minister who once told Dan Rather on “60 Minutes” that he drank his own urine for medicinal purposes. The practice rooms were decidedly sparse — not a candle or top-brand yoga mat in sight — and near a library holding volumes of ancient Vedic texts.
In one room, several students in their 20s who are studying to be instructors went through a series of asanas, or poses, and breathing exercises.
They said they were happy that India had begun to promote yoga.
“The West has manipulated yoga for their own benefits. It’s more like exercise. But traditional yoga is much more than that; it’s ultimately about achieving enlightenment for the soul,” said Tarosh Rao, 25. “It is making us aware of something that is ours, part of our heritage.”
and leaning on its neighbors to curb Chinese submarine activity in the Indian Ocean, as nations in the region become increasingly jittery over Beijing’s growing undersea prowess.
Just months after a stand-off along the disputed border dividing India and China in the Himalayas, Chinese submarines have shown up in Sri Lanka, the island nation off India’s southern coast. China has also strengthened ties with the Maldives, the Indian Ocean archipelago.
China’s moves reflect its determination to beef up its presence in the Indian Ocean, through which four-fifths of its oil imports pass, and coincides with escalating tension in the disputed South China Sea, where Beijing’s naval superiority has rattled its neighbours.
“We should be worried the way we have run down our submarine fleet. But with China bearing down on us, the way it is on the Himalayas, the South China Sea and now the Indian Ocean, we should be even more worried,” said Arun Prakash, former chief of the Indian navy.
“Fortunately, there are signs this government has woken up to the crisis,” he said. “But it will take time to rebuild. We should hope that we don’t get into a face-off with the Chinese, that our diplomacy and alliances will keep things in check.”
Prime Minister Narendra Modi’s government has ordered an accelerated tendering process to build six conventional diesel-electric submarines at an estimated cost of Rs 50,000 crore ($8.1 billion), in addition to six similar submarines that French firm DCNS is assembling in Mumbai port to replace a nearly 30-year-old fleet hit by a run of accidents.
The country’s first indigenously built nuclear submarine – loaded with nuclear-tipped missiles and headed for sea trials this month – joins the fleet in late 2016. India leased a nuclear-propelled submarine from Russia in 2012 and is in talks to lease a second one, navy officials told Reuters.
The government has already turned to industrial group Larsen & Toubro Ltd, which built the hull for the first domestic nuclear submarine, to manufacture two more, sources with knowledge of the matter said.
Elsewhere in the region, Australia is planning to buy up to 12 stealth submarines from Japan, while Vietnam plans to acquire as many as four additional Kilo-class submarines to add to its current fleet of two. Taiwan is seeking U.S. technology to build up its own submarine fleet.
Japan, locked in a dispute with China over islands claimed by both nations, is increasing its fleet of diesel-electric attack submarines to 22 from 16 over the next decade or so.
OUTNUMBERED
In addition to the leased Russian nuclear-propelled submarine, India’s navy currently has 13 ageing diesel-electric submarines, only half of which are operational at any given time due to refits. Last year, one of its submarines sank after explosions and a fire while it was docked in Mumbai.
China is estimated to have 60 conventional submarines and 10 nuclear-powered submarines, including three armed with nuclear weapons.
Ma Jiali, an expert at the China Reform Forum’s Centre for Strategic Studies which is affiliated with the Central Party School, said Beijing’s top concern in the Indian Ocean was safeguarding the passage of its commodities, especially oil.
“There are many voices in India who believe the Indian Ocean belongs solely to India, and no other country belongs there. That line of thought is common – but of course it shouldn’t be viewed like that. Our (China’s) view is that there should be dialogue and discussion between China and India.”
With India building its navy to about 150 ships, including two aircraft carriers, and China holding around 800 in its naval fleet, the two are more likely than not to run into each other, naval officials and experts say.
David Brewster, a strategic affairs visiting fellow at the Australian National University, said India will do everything it can to recover its dominant position in the Indian Ocean.
It may seek naval cooperation with Japan and Australia, and expand a military base on the Andaman Islands which lie about 140 km (87 miles) from the Malacca Straits, he said.
“India sees the presence of any Chinese naval vessel as an intrusion. There is a big ramp-up in their presence, which is clearly intended to send a message to India,” said Brewster.
India has engaged in intense diplomacy with Sri Lanka about the Chinese submarine presence, reminding it that New Delhi must be informed of such port calls under a maritime pact they signed this year along with the Maldives.
India has also muscled into an $8 billion deep water port that Bangladesh wants to develop in Sonadia in the Bay of Bengal, with the Adani Group submitting a proposal in October. China Harbour Engineering Company, an early bidder, was the front-runner.
“If China continues down this path and continues with this level of presence in the Indian Ocean then the Indians will feel they need to respond,” said Brewster.
Bobbi Jene (2017)
Release | : | 2017-09-22 |
Country | : | United States of America,Denmark,Sweden,Israel |
Language | : | English |
Runtime | : | 95 |
Genre | : | Documentary |
Synopsis
Watch Bobbi Jene Full Movie Online Free. Movie ‘Bobbi Jene’ was released in 2017-09-22 in genre Documentary.
A love story, portraying the dilemmas and inevitable consequences of ambition. It is a film about a woman’s fight for independence, a woman trying to succeed with her own art in the extremely competitive world of dance.
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Megashare.
Two European climbers have been swept away by an avalanche while a veteran Japanese mountaineer has plunged to his death in a separate tragedy in the Himalayas, officials said Saturday.
A European team of elite mountaineers were 100 meters (328 feet) shy of summiting the world’s 14th-highest peak — China’s 26,335-foot Shisha Pangma peak — when Wednesday’s avalanche hit.
“Two climbers — one German, the other Italian — were swept away in an avalanche on Shisha Pangma,” said Ang Tshering Sherpa, president of the Nepal Mountaineering Association.
Mountaineering equipment company Dynafit, which sponsored the team, named the two dead men as Italian Andrea Zambaldi, 32, and German Sebastian Haag, 35.
In a separate accident, Japanese climber Yoshimasa Sasaki fell to his death on Friday when he slipped during an ascent of Mount Manaslu, the world’s eighth-highest peak, located in northwest Nepal, according to a tourism ministry statement.
The 59-year-old, an experienced mountaineer, lost his footing at 24,000 feet after summiting the 26,759-foot peak.
“Rescuers are working to recover the body… (which) will be brought to Kathmandu as soon as possible,” the tourism ministry said.
‘Snow is killing us’
Dynafit said the force of the Shisha Pangma avalanche threw the two victims, along with German teammate Martin Maier, across steep glaciers, dragging them down for around 2,000 feet before landing them in an inaccessible section of the mountain.
Their teammates attempted a rescue but were forced to turn around because they could not reach the victims, the company said.
“Sebastian and Andrea disappeared with the avalanche and their bodies could not be found.”
Maier, who miraculously survived the accident, was receiving medical attention.
Haag, a former veterinary surgeon, had accomplished several speed climbs and high-altitude ski challenges during his mountaineering career. Zambaldi worked in the sales and marketing division of Dynafit.
Switzerland’s Ueli Steck, the most experienced mountaineer in the team, made headlines last year when he and two other Western climbers traded blows with a group of furious Nepalese guides over a climbing dispute on Mount Everest.
The Dynafit team had planned to speed-climb and ski down Shisha Pangma and the 26,906 foot Cho Oyu peak, located on the Nepal-China border, via foot, ski, and bicycle in under a week.
Haag and Zambaldi had been forced to turn back during their first attempt ten days ago due to heavy snowfall and the threat of an avalanche, according to the official expedition blog.
As they neared the summit last Tuesday night, Zambaldi blogged: “The snow makes progress really tough. In steep sections we sometimes sink in up to the hip or chest.”
“Let’s hope the mountain gives us a chance.”
By early Wednesday the weather was worsening, with teammate Benedikt Boehm writing: “We are so close, but… the avalanche situation is still a bit tense and the deep, windblown snow is killing us.”
Shrouded in mystery and closed to westerners until 1978, Shisha Pangma is considered a relatively accessible peak to summit with many expeditioners recommending that climbers attempt it as part of their training before turning their attention to higher mountains.
At least two dozen climbers have died on Shisha Pangma, including US mountaineering legend Alex Lowe, who was killed in a massive snow and ice avalanche in October 1999 while attempting the first American ski descent of an 26,000-foot peak.
Sixteen Nepalese guides were killed last April in an ice avalanche on the world’s highest mountain, Mount Everest, in the worst disaster to strike the 29,029-foot peak.
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