12 Jan 2021

Two things happened in the past few days that got me thinking even more about something that has been playing on my mind for some time now. The first was a conversation I had with a friend, with whom I reconnected after a gap of several years. In the course of our conversation, he told me that his twenty five-year old son runs his own start-up that does cutting-edge work in the field of AI. I was somewhat surprised to hear this because when the children were in school, his wife would often complain about the boy’s poor academic performance. As if he had read my mind, my friend told me that he had given his son complete freedom to pursue his interests in life. He said, “The only thing I told him was to excel in whatever field he chose, and to be accountable for all his decisions in life”. Pretty good advice.>>

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07 Jan 2021

Owing to the ongoing COVID pandemic situation in the country and the resultant disruption in normal business operations, several representations from professional bodies and other stakeholders were made to the Hon’ble Finance Minister to further extend the due dates for Income Tax Audit, GST Audit and filing of Income tax returns.>>

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05 Jan 2021

Athletes thrive on success and are often willing to go an extra mile to achieve on-field success. The influx of technological advancements in our daily life has naturally found its way onto the sports field and this has resulted in a race to look for the best sports equipment/gears and technology hence shifting the focus from physiological ability. This article focuses on issues related to the usage of performance enhancement technology in sports and the negative effect that it has had on the integrity of sports.>>

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28 Dec 2020

With the extended time limit for filing of Income Tax Return (for AY 2020-21), u/s. 139(1), without late fees, for Non-Audit cases and for Non-Corporate assessees of 31st December 2020 fast approaching, given below is a quick guide for ready reference of some key changes that have been made in the respective Income tax return forms for this year.>>

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22 Dec 2020

“Education is the most powerful weapon which you can use to change the world”, said former South African President Nelson Mandela. I believe his prescient observation is timeless in its relevance. In the world that we live in, there are two major factors that will shape how education will be consumed in the future. The first is the reality of ever-increasing digitization. The second is the huge changes to lifestyles forced upon us in the wake of the COVID-19 pandemic.>>

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17 Dec 2020

We are all familiar with the quirky and satirical advertisements of ‘Men Will Be Men’ for Seagram’s Imperial Blue Superhits Music CDs. Needless to mention, the brand “Imperial Blue” is in fact a popular brand of Indian whisky, owned by Pernod Ricard and launched in the year 1997. Since Indian law prohibits advertisements that promote, directly or indirectly, production, sale or consumption of cigarettes, tobacco products, alcohol in India, these products are advertised through surrogate advertising or brand extension.>>

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10 Dec 2020

Achieving the goal of an Atmanirbhar Bharat depends on two other factors in addition to the need for changes to various laws and a mindset change in our people (which I have written about in my two previous blogs). The first is harnessing India’s diversity in terms of natural and human resources and our rich civilizational traditions that, in many ways, are becoming relevant again. The second is to strengthen India’s federal governance structures in order to enable the first.>>

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08 Dec 2020

The first T20 International Cricket match between Australia Vs. India played on December 4, 2020, at Manuka Oval, Canberra witnessed an unusual controversy. During the inning break, on-field cameras captured the animated discussion between the match referee David Boon and the Australian head coach Justin Langer. The issue was centered on the decision of the match referee about concussion replacement player Yuzvendra Chahal for concussed player Ravindra Jadeja.>>

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04 Dec 2020

The Occupational Safety, Health and Working Conditions Code, 2020 (“OSHWC Code”) which consolidates the various legislations pertaining to working conditions of various types of industries was passed by the Lok Sabha on 22nd September, 2020, the Rajya Sabha on 23rd September, 2020 and received Presidential Assent on 28th September, 2020.>>

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02 Dec 2020

“Dream XI mein team bana lo”! Every Indian cricket fan must have heard this line several times during the recently concluded IPL 2020. From a struggling startup that faced uncertainty about the legality of its business model to the title sponsor of IPL 2020, Dream11, an Indian Fantasy Sports platform has made it big. With the rise of the likes of Dream11 and Mobile Premier League (MPL) the market for fantasy sports has surely been set in India.>>

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