Wednesday, September 5, 2012

Sigh of Relief on Tax Front | ILN Today

By LexCounsel Law Offices on September 4th, 2012




In an attempt to provide some respite to the investors and ensure a taxpayer-friendly approach in revenue collection, the Finance Minister of India has recently assured that the Income-Tax Authorities (?ITA?) will not recklessly implement the retrospective tax rules. The Government of India (?GoI?) has introduced retrospective amendments in the Income Tax Act, 1961 which empowers the ITA to tax the indirect transfer of shares when the underlying assets are located in India.

The GoI has now referred the issue of retrospective tax rules to the committee headed by Mr. Parthasarathi Shome, (the ?Shome Committee?). Earlier, the Shome Committee had recommended that the General Anti Avoidance Rules (?GAAR?) be deferred for three years. GAAR, giving ITA powers to scrutinize any transaction that they feel was structured to evade taxes, was introduced in the Finance Act, 2012 to come into effect from April 1, 2013.

Finance Minister has further stated that the implementation of GAAR provisions and the retrospective tax rules would be subject to the final report of the Shome Committee, which is expected by the end of September, 2012.

GAAR provisions and the retrospective tax rules have drawn sharp criticism from all spheres, since its introduction. The recent statements by the Finance Minister appear to be GoI?s effort to perk up the investors who have been apprehensive about the repercussions of implementation of the GAAR provisions and retrospective tax rules.

Source: http://www.ilntoday.com/2012/09/sigh-of-relief-on-tax-front/

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willleahy: UCC Students Union is giving 4 free condoms to each 1st yr - and they can by 10 for ?3 and....144 for ?30 #someoneisgettinglucky

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Source: http://twitter.com/willleahy/statuses/243379726356475904

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Nokia Debuts The 4.3? Lumia 820: 5MP Camera, 1.5GHz Dual-Core S4 Processor, 8GB Of Storage

nokia-lumia-820Nokia has taken the stage in New York City, hand-in-hand with Microsoft of course, to deliver its latest round of Lumia smartphones, powered by Windows 8. While it's not quite as impressive as big brother 920, the freshly announced Lumia 820 should still raise a few hairs on your neck. We've known very little about this phone from leaks, but now we can tell you with certainty that the Lumia 820 has a 4.3-inch screen, which in my opinion hits the sweet spot. It also (obviously) ships with Microsoft's brand new Windows Phone 8 operating system, complete with customizable live tiles and support for better screen resolutions and dual-core processors.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/Zo9Em15g9w0/

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Tuesday, September 4, 2012

Cheap Term Life Insurance | Small Business Assistance

September 4th, 2012 by admin Leave a reply ?

Cheap Term Life Insurance ImageShould you buy cheap term life insurance? It?s an often-asked question to which there is a cheap and simple answer. If you have a mortgage or you have a partner, family or dependants that could suffer financial hardship as a result of your death then cheap term life insurance is a must!

Cheap term life insurance, otherwise known simply as life insurance or term life is a cheap life insurance policy that pays out a lump sum upon your death. The premiums are very cheap and term life insurance policies are very easy to obtain. There are two basic types of term life insurance available from insurers ? cheap decreasing term life insurance and cheap level term life insurance.

Cheap decreasing term life insurance

Cheap decreasing term life insurance is very cheap. For only a few pounds each month a cheap decreasing term life insurance policy will pay the balance of your mortgage should you die before it reaches full term. This type of term policy is called decreasing term life insurance because the sum insured decreases in line with your outstanding mortgage balance. The cheap premium remains the same for the life of the policy, making it an exceptionally cheap way to secure life insurance. A cheap decreasing term life insurance policy ONLY pays out a lump sum to clear your mortgage. This type of cheap term life insurance does not make any other provision for the loved ones you leave behind.

Cheap level term life insurance

Level term life insurance policies are not as cheap as decreasing term life insurance, although these types of term policies overall are still cheap, having only slightly higher premiums attached to them. The reason for the premium not being as cheap is that level term policies pay off your mortgage AND leave a lump sum to your partner, family and/or dependants. The sum insured through a cheap level term life insurance policy remains the same through the life of the policy, as does the cheap premium.

A cheap level term life insurance is recommended to run in tandem with your mortgage. However, a cheap level term life insurance policy can run differently from the term of your mortgage. For instance, you could take out a 10-year level term life insurance policy that is separate from any other cheap premium life policy covering your mortgage. The premiums on the 10-year insurance policy will not be as cheap because the term is short, but it will provide you with additional life insurance cover in the unfortunate event of your death.

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Source: http://www.scoremonroe.org/cheap-term-life-insurance.html

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Do Away with Common Roof Issues by Calling a Professional Roof ...











What if your Memphis, Tennessee, home has all but a roof structure? With the sporadic tornadoes, thunderstorms, and hailstorms in the city, this is the final circumstance you want to be in. This is a theoretical scenario, but if you don't know about the way to spot indicators of roof damage before they grow, you might as well not have a roofing system at all.

Your roof is leaking

You're busy minding your own business when you unexpectedly feel water drenching on you from the roof deck. So you observe the ceiling, and see brownish stains that weren't present until that time. You opt to assess the attic and almost tripped over on the pool of water below. If the scenario sounds very common, your roof most likely has a leak, which is among the most common roof concerns.

Your electricity bills are going up

Aside from keeping the elements out, roofs also adjust the temperature inside your house by preventing cold or heat from getting out. If you observe that you need to regulate your air conditioner's thermostat to a higher level than usual in the summer months, examine your roof. Do the same if your heating unit is already insufficient to keep your household warm during the winter months.

Your roof looks old

If you notice murky tarnish on your roof, these are most likely fungi or algae that will in the end deteriorate your roofing system. If your roofing system consists of shingles, and these shingles are cracked, coiled, or lost, you need the aid of contractors that perform the roof repair Memphis TN homes require. Peeling or blistering roof paint is an additional indicator that your roof requires repair, and so is decay of siding or sheathing. The longer you keep your roof unattended, the more likely that it's damaged.

Don't forget the chimney

Your roof structure can cover your home virtually totally. In any case, you may have a smokestack as the only open--and therefore, vulnerable--part of your roof covering. If you find out leaning, cracked joints, or damaged bricks on your smokestack, professionals for roof repair Memphis residents depend on can take care of these.

Figure out ways to spot the signs that you need urgent Memphis roof repair. This way, you can safeguard your property, your household, and your wallet. For additional knowledge on fixining roof leaks, check out home.howstuffworks.com/home-improvement/repair/how-to-repair-a-leaky-roof.htm.

For more details search memphis roof repair, roof repair Memphis and roof repair memphis tn in Google.

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Green Eggs : The Healthy Chef ? Teresa Cutter

Green Eggs

Posted by Teresa Cutter on Monday, September 3, 2012 ? 4 Comments?

Here?s a quick and healthy breakfast recipe from my new 80/20 ebook. ?It?s takes around 5 minutes to whip up and it fills me up all morning. I like to vary the veggies and cheese for a little variety and to be honest I also throw this dish together for my dinner if I?ve had a big day and don?t really want to fuss with any complicated dinners. The secret to cooking any green vegetable such as broccolini or asparagus is not to over cook them. ?You can steam or braise with water or a little vegetable stock until the colour changes to a vibrant bright green ? this only takes 1 ? 2 minutes and this is also when the flavour will be at it?s best. If you want to add more flavour zing ? toss the green veggies with a little olive oil, lemon, black pepper and a hint of chilli.

What?s good about it:
If I was going to list my favourite veggie of all time ? it would have to be the broccoli. Broccoli and broccolini are members of the cabbage family. This superfood veggie is high in fibre, to help lower cholesterol and keep you regular as well as being a good source of flavonoids called kaempferol that work as an anti-inflammatory to support optimum health. Eggs are a basic staple in my home and they make a quick + budget friendly protein rich meal that can help sustain lean muscle and support a healthy immune system.

1 bundle broccolini or asparagus
2 free range / organic eggs
1 tablespoon thick natural yoghurt
1 handful baby English spinach leaves
1 teaspoon pesto or salsa verde
30 g Persian feta
1 lemon

Steam or braise the broccolini or asparagus for 2 minutes until just cooked but still retain a slight crunch. Squeeze over a little lemon.
Whisk the eggs, yoghurt and spinach in a?bowl until combined.
Pour into a small frying?pan and cook over a low heat until the eggs are creamy?and fluffy.
Top the eggs with the steamed green veggies and top with pesto and fetta.
Grind over a little pepper and serve immediately.

Notes: Add an extra egg or a few extra egg whites if you?re really hungry or serve alongside ocean trout, salmon or extra veggie sides such as tomato and avocado.
Shaved Parmesan or a little Gruyere can be used in place of the feta if you like.

Serves 1
Nutrition per serve:
Protein 29 g

Carbs 1.8 g
Total fat 17 g
Saturated 6.7 g
Fibre 6g
Kilojoules 1180
Calories 282

?

Filed under Breakfast, Recipes ? Tagged with antioxidants, broccoli, broccolini, dinner, gluten free, grain free, green eggs, heart healthy, high protein, low carb, Low gi, lunch, omega 3, organic eggs, paleo, pesto, protein, salsa verde, spinach, sugar free, sustained energy, vegetarian, weight loss, well-being, wheat free

Source: http://www.thehealthychef.com/2012/09/green-eggs/

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Syrian rebel leader calls for 'Marshall Plan'

The President of the Syrian National Council Abdulbaset Sieda, Minister of State of the United Arab Emirates Reem al-Hashimi and German Foreign Minister Guido Westerwelle, front from left, arrive at a gathering of Syrian opposition representatives and diplomats hosted at the Germany foreign ministry in Berlin, Tuesday, Sept. 4, 2012. Germany's foreign minister is pressing disparate Syrian opposition groups to unite in preparation for the collapse of the Bashar Assad regime. Berlin hosted a gathering of Syrian opposition representatives and diplomats Tuesday to address how to prevent basic services and infrastructure collapsing, and how to revive the economy, once Assad falls. (AP Photo/Markus Schreiber)

The President of the Syrian National Council Abdulbaset Sieda, Minister of State of the United Arab Emirates Reem al-Hashimi and German Foreign Minister Guido Westerwelle, front from left, arrive at a gathering of Syrian opposition representatives and diplomats hosted at the Germany foreign ministry in Berlin, Tuesday, Sept. 4, 2012. Germany's foreign minister is pressing disparate Syrian opposition groups to unite in preparation for the collapse of the Bashar Assad regime. Berlin hosted a gathering of Syrian opposition representatives and diplomats Tuesday to address how to prevent basic services and infrastructure collapsing, and how to revive the economy, once Assad falls. (AP Photo/Markus Schreiber)

The President of the Syrian National Council Abdulbaset Sieda, 2. from left, receives applause from German Foreign Minister Guido Westerwelle, left, Minister of State of the United Arab Emirates Reem al-Hashimi, 2. from right, and from former Syrian Vice Oil Minister Abdo Hussameddin, right, after his speech at the '2. International Meeting of the Working Group on Economic Recovery and Development of the Group of Friends of the Syrian People' at the foreign ministry in Berlin, Tuesday, Sept. 4, 2012. (AP Photo/Markus Schreiber)

The President of the Syrian National Council Abdulbaset Sieda, Minister of State of the United Arab Emirates Reem al-Hashimi and German Foreign Minister Guido Westerwelle, front from left, arrive at a gathering of Syrian opposition representatives and diplomats hosted at the Germany foreign ministry in Berlin, Tuesday, Sept. 4, 2012. Germany's foreign minister is pressing disparate Syrian opposition groups to unite in preparation for the collapse of the Bashar Assad regime. Berlin hosted a gathering of Syrian opposition representatives and diplomats Tuesday to address how to prevent basic services and infrastructure collapsing, and how to revive the economy, once Assad falls. (AP Photo/Markus Schreiber)

From left, German Foreign Minister Guido Westerwelle, Minister of State of the United Arab Emirates Reem al-Hashimi, former Syrian Vice Oil Minister Abdo Hussameddin and Bassma Kodmani of the Syrian Business Forum listen to the President of the Syrian National Council Abdulbaset Sieda, at the '2. International Meeting of the Working Group on Economic Recovery and Development of the Group of Friends of the Syrian People' at the foreign ministry in Berlin, Tuesday, Sept. 4, 2012. (AP Photo/Markus Schreiber)

German Foreign Minister Guido Westerwelle, Minister of State of the United Arab Emirates Reem al-Hashimi, former Syrian Vice Oil Minister Abdo Hussameddin and Bassma Kodmani of the Syrian Business Forum, from left, arrive at the '2. International Meeting of the Working Group on Economic Recovery and Development of the Group of Friends of the Syrian People' at the foreign ministry in Berlin, Tuesday, Sept. 4, 2012. (AP Photo/Markus Schreiber)

(AP) ? A Syrian opposition leader called Tuesday for a massive aid program to help rebuild his country after President Bashar Assad's regime falls, warning that a lack of economic development could open the door to extremism.

A top German official representing donor nations, meanwhile, said Syria's opposition factions must overcome their current divisions.

Abdelbaset Sieda, the head of the Syrian National Council, told a meeting of Syrian opposition representatives and diplomats that Syria would need a program similar to the Marshall Plan, the post-World War II European reconstruction effort, if the Assad regime collapses.

He said Assad's regime has devastated public finances and institutions to such an extent that Syria won't be able to rely immediately ? or solely ? on oil revenues and taxes in any rebuilding effort.

"In the aftermath of the destruction ... we are convinced Syria needs a Marshall-style plan to ensure it stands again on solid financial and economic ground," Sieda said in Berlin. "Without real comprehensive development, we will open up the opportunity for the growth of all kinds of extremism."

The gathering on economic rebuilding, which Germany chairs jointly with the United Arab Emirates, aimed to address how to prevent basic services and infrastructure from collapsing and how to revive the economy in a post-Assad Syria.

Without identifying any countries by name, Sieda also warned that any nation now helping the Assad regime could not expect to get its money back under a new government.

"The Syrian people are not bound by any contract signed by the regime after the beginning of this revolution, or any sale of treasury bonds or purchase of weapons or contracts with any country," he said.

Russia, in particular, has been criticized for blocking U.N. sanctions against Syria and continuing to supply it with military material throughout the conflict. Assad regime officials have also asked Russia for loans to replenish Syria's hard currency reserves, which have been depleted by international embargoes on Syrian exports.

Unlike neighboring Iraq, where reconstruction after the 2003 U.S.-led invasion was hampered by an ongoing insurgency, Syria lacks vast oil reserves that could kick-start the economy and help finance the reconstruction of damaged infrastructure.

The meeting's host, German Foreign Minister Guido Westerwelle, said economic recovery and a successful political transition must go hand in hand, and called on the international community to be ready to provide economic support.

"There can be no doubt, the days of the regime are numbered: it has lost all legitimacy to represent the Syrian people, it is crumbling from inside," Westerwelle said. "On the international level it is increasingly isolated; the overwhelming majority of countries reject the massive violation of human rights; there is no future for Bashar Assad in a new Syria."

But he stressed the importance of overcoming another problem: the divisions within Syria's opposition.

"The people in Syria must see that there is a credible alternative to the regime of Bashar Assad," he said, urging the opposition "to create as fast as possible the conditions for ... a transition government."

Asked if he would go as far as French President Francois Hollande's call for the Syrian opposition to form a provisional government now, Westerwelle indicated more work was still necessary before that could happen.

"I will have a discussion tomorrow with my French colleague ... but it's obvious that at the moment it's necessary to unify the opposition," he said.

Bassma Kodmani, who resigned last week from the Syrian National Council saying there was too much infighting among opposition groups, said in addition to economic reconstruction, the international community needs to start thinking of how to fill the security vacuum that would be left.

"Starting today, we need to plan the re-creation of the security system in Syria ? we might need peacekeeping forces that are mandated by the Security Council," said Kodmani, who attended as a representative of the Syrian Business Forum.

She said even though Russia and China have continued to veto U.N. Security Council proposals for action against Syria, she hoped they might be persuaded to accept post-Assad measures.

Violence in Syria has been escalating in recent weeks. The Syrian Observatory for Human Rights has raised its total death toll to between 23,000 and 26,000 people since the uprising began in March 2011.

Activists say some 5,000 people were killed in August, the highest toll in the 17-month-old uprising and more than three times the monthly average. The U.N. children's agency says 1,600 people were killed last week alone.

On Tuesday, the U.N. refugee agency said 100,000 refugees fled Syria in August, the highest monthly total since the uprising began.

The rise in people seeking asylum in neighboring countries brings the total of Syrian refugees registered or awaiting registration to over 234,360, spokeswoman Melissa Fleming said in Geneva.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2012-09-04-Syria-Diplomacy/id-aa49a9cba7b64f0c9b55cb5787d958a5

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