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THOUGHT OF THE DAY
THOUGHT OF THE DAY
“Learn from a kite- Fly High, but stay connected to the
ground to your roots or else you will be lost."
Law Updates:
 Ministry of Petroleum & Natural Gas in a Press Release dated 28th
December, 2015 said that the benefit of LPG subsidy will not be
available if the consumer or his/her spouse had taxable income of
more than Rs.10 lakhs in previous financial year.
 No public offer required on increase in voting right due to forfeiture
of shares: SEBI.
 Finance Ministry issues report of committee on revitalizing public
private partnership model of infrastructure.
 Registration of a trust cannot be cancelled even if it was indulged in
certain commercial activities.
PROFESSIONALS INPUTS:
 In the matter of Gujarat Borosil Ltd. v. Commissioner of Central
Excise, Surat-II, the apex court has remanded the matter back to
CESTAT as certain documents allegedly on records were not
considered by Tribunal.
 Grading and certification of diamonds isn't manufacture, as there is
no change in essential character of diamond owing to said activities;
however, issue whether same would amount to 'service' was left
open: AAR- New Delhi.
 DGFT vide Circular No. 04/2015-20 dated 16th
December, 2015 has
granted relief in Average Export Obligation in terms of Para 5.19 of
Hand Book of Procedures of FTP 2015-20..
MARKET WATCH:
SENSEX: 26113.08 78.95 NIFTY: 7938.25 13.10
SILVER: 33642.00 191.00 GOLD (MCX): 25221.00 96.00
USD/INR: 66.19 0.10 CRUDE OIL: 2459.00 12.00
CS Rajiv Bajaj
9811453353
Bajajr66@gmail.com
youtube.com/csrajivbajaj
https://www.facebook.com/Rajiv
1Bajaj
http://www.csrajivbajaj.com
Date: 29th
December, 2015
www.csrajivbajaj.com
Adam Khoo
CEO & Managing Director of Adcom (S) Pte Ltd
Adam Khoo is a Singaporean entrepreneur and writer who is recognized as one of the
most vibrant and powerful motivational speakers in Asia. A self-made millionaire by
the age of 26, he currently owns and runs several different companies. His road to
success was not an easy one as he was an extremely apathetic and indifferent child with
a television addiction. He was poor in academics as well as social skills until the age of
13 when he was registered in a Super-Teen Camp by his parents which turned his life
around. At Super-Teen, his abilities were discovered with aid from the neuro-linguistic
programming (NLP), an innovative learning technique. This marked the beginning of
Adam's interest and journey in mastering motivational techniques which formed the
basis of many of his best-selling books and seminars. After enrolling at the camp, he transformed into a bright and creative
child, scoring top marks and devising unique ways to earn money. He invested in learning about the NLP and became a
motivational trainer to encourage students like him across the country. He also co-founded entertainment companies and
designed marketing strategies for various agencies, including his own. He wrote many books sharing his knowledge on
achieving success in entrepreneurship and became one of the youngest millionaires of Singapore. Having motivated and
trained countless professionals, salespeople, and students around the world, he continues to inspire individuals through his
amazing persona.
Early life
He was born as Adam Khoo Yean Ann on April 8, 1974, in Singapore, to Vince Khoo, owner of an advertising agency, and
his wife, Betty L. Khoo-Kingsley. After being expelled from St Stephen's Primary School for misbehavior and poor
academic results at the age of eight, he attended a government school, Ping Yi Secondary School, where he was able to
pass only five out of eight academic subjects.
As a child, Adam Khoo was a lazy fellow with poor social skills. He was totally uninterested in learning, did not enjoy
reading anything but comics, and was addicted to arcade games and TV programs. At the age of 13 came the turning point
in his life, when his parents enrolled him for a five-day residential program at Ladyhill Hotel called Super-Teen Camp. At
the camp, his talent was spotted by Dr. Ernest Wong, founder, principal consultant and master teacher of Ernesco, the
Centre for Motivational Language Learning. With the help of Dr. Wong's innovative learning technology known as neuro-
linguistic programming (NLP) as well as whole-brain learning, within three months of the program, he made his way
among the top 18 students in his secondary school. Within a year, he went on to rank among the top 10 in Ping Yi
Secondary and later became the first student from his school to qualify for Victoria Junior College. At the age of 16, he
began investing most of his time to know about the training sessions in NLP in the United States. Gradually, he became a
freelance motivational trainer and started conducting sessions in schools to encourage dull students.
Career
At the age of 21, Adam Khoo completed National Service in the Republic of Singapore Air Force. After that, he
collaborated with his three National University of Singapore (NUS) friends and co-founded an event management
company, Creatsoul Entertainment. The company organized various fun activities for its clients and was later re-registered
as Event Gurus Pte Ltd. Later, he got enrolled in the business administration faculty at the National University of
Singapore (NUS) where he was placed among the top 1 percent of academic achievers. In 1998, he completed his
graduation with an honors degree in business administration.
At the age of 24, after obtaining his licence in NLP in Washington, he became a trainer at SuperTeen, conducting courses
for organizations including the Chinese Development Assistance Council (CDAC), Association of Muslim Professionals
(AMP), and the Universitas Pelita Harapan (UPH) in Jakarta. Alongside, he also started coaching top insurance agents and
marketing managers on methods to boost sales. Subsequently, his father gave him the responsibility to run their own
advertising agency, Adcom. He currently serves as the CEO & Managing Director of Adcom (S) Pte Ltd, the Co-Founder
and Executive Director of Event Gurus Pte Ltd, and the Co-Founder & Executive Chairman of Adam Khoo Learning
Technologies Group Pte Ltd.
Adam Khoo has also authored 11 books including the best-seller ‘I Am Gifted, So Are You!’ and ‘Master your Mind,
Design your Destiny’. He served as the co-author of ‘How to Multiply your Child's Intelligence’ and ‘Clueless in Starting a
Business’. His other literary works include ‘Secrets of Self-Made Millionaires’, ‘Secrets of Millionaire Investors’ and
‘Nurturing the Winner and Genius In Your Child’.
Awards and recognition
In 2008, The Executive magazine ranked him among the top 25 richest Singaporeans under the age of 40. Same year, he
was honored with the NUS Business School Eminent Business Alumni Award.

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CS RAJIV BAJAJ Newsletter dated 29th december, 2015

  • 1. www.csrajivbajaj.com THOUGHT OF THE DAY THOUGHT OF THE DAY “Learn from a kite- Fly High, but stay connected to the ground to your roots or else you will be lost." Law Updates:  Ministry of Petroleum & Natural Gas in a Press Release dated 28th December, 2015 said that the benefit of LPG subsidy will not be available if the consumer or his/her spouse had taxable income of more than Rs.10 lakhs in previous financial year.  No public offer required on increase in voting right due to forfeiture of shares: SEBI.  Finance Ministry issues report of committee on revitalizing public private partnership model of infrastructure.  Registration of a trust cannot be cancelled even if it was indulged in certain commercial activities. PROFESSIONALS INPUTS:  In the matter of Gujarat Borosil Ltd. v. Commissioner of Central Excise, Surat-II, the apex court has remanded the matter back to CESTAT as certain documents allegedly on records were not considered by Tribunal.  Grading and certification of diamonds isn't manufacture, as there is no change in essential character of diamond owing to said activities; however, issue whether same would amount to 'service' was left open: AAR- New Delhi.  DGFT vide Circular No. 04/2015-20 dated 16th December, 2015 has granted relief in Average Export Obligation in terms of Para 5.19 of Hand Book of Procedures of FTP 2015-20.. MARKET WATCH: SENSEX: 26113.08 78.95 NIFTY: 7938.25 13.10 SILVER: 33642.00 191.00 GOLD (MCX): 25221.00 96.00 USD/INR: 66.19 0.10 CRUDE OIL: 2459.00 12.00 CS Rajiv Bajaj 9811453353 Bajajr66@gmail.com youtube.com/csrajivbajaj https://www.facebook.com/Rajiv 1Bajaj http://www.csrajivbajaj.com Date: 29th December, 2015
  • 2. www.csrajivbajaj.com Adam Khoo CEO & Managing Director of Adcom (S) Pte Ltd Adam Khoo is a Singaporean entrepreneur and writer who is recognized as one of the most vibrant and powerful motivational speakers in Asia. A self-made millionaire by the age of 26, he currently owns and runs several different companies. His road to success was not an easy one as he was an extremely apathetic and indifferent child with a television addiction. He was poor in academics as well as social skills until the age of 13 when he was registered in a Super-Teen Camp by his parents which turned his life around. At Super-Teen, his abilities were discovered with aid from the neuro-linguistic programming (NLP), an innovative learning technique. This marked the beginning of Adam's interest and journey in mastering motivational techniques which formed the basis of many of his best-selling books and seminars. After enrolling at the camp, he transformed into a bright and creative child, scoring top marks and devising unique ways to earn money. He invested in learning about the NLP and became a motivational trainer to encourage students like him across the country. He also co-founded entertainment companies and designed marketing strategies for various agencies, including his own. He wrote many books sharing his knowledge on achieving success in entrepreneurship and became one of the youngest millionaires of Singapore. Having motivated and trained countless professionals, salespeople, and students around the world, he continues to inspire individuals through his amazing persona. Early life He was born as Adam Khoo Yean Ann on April 8, 1974, in Singapore, to Vince Khoo, owner of an advertising agency, and his wife, Betty L. Khoo-Kingsley. After being expelled from St Stephen's Primary School for misbehavior and poor academic results at the age of eight, he attended a government school, Ping Yi Secondary School, where he was able to pass only five out of eight academic subjects. As a child, Adam Khoo was a lazy fellow with poor social skills. He was totally uninterested in learning, did not enjoy reading anything but comics, and was addicted to arcade games and TV programs. At the age of 13 came the turning point in his life, when his parents enrolled him for a five-day residential program at Ladyhill Hotel called Super-Teen Camp. At the camp, his talent was spotted by Dr. Ernest Wong, founder, principal consultant and master teacher of Ernesco, the Centre for Motivational Language Learning. With the help of Dr. Wong's innovative learning technology known as neuro- linguistic programming (NLP) as well as whole-brain learning, within three months of the program, he made his way among the top 18 students in his secondary school. Within a year, he went on to rank among the top 10 in Ping Yi Secondary and later became the first student from his school to qualify for Victoria Junior College. At the age of 16, he began investing most of his time to know about the training sessions in NLP in the United States. Gradually, he became a freelance motivational trainer and started conducting sessions in schools to encourage dull students. Career At the age of 21, Adam Khoo completed National Service in the Republic of Singapore Air Force. After that, he collaborated with his three National University of Singapore (NUS) friends and co-founded an event management company, Creatsoul Entertainment. The company organized various fun activities for its clients and was later re-registered as Event Gurus Pte Ltd. Later, he got enrolled in the business administration faculty at the National University of Singapore (NUS) where he was placed among the top 1 percent of academic achievers. In 1998, he completed his graduation with an honors degree in business administration. At the age of 24, after obtaining his licence in NLP in Washington, he became a trainer at SuperTeen, conducting courses for organizations including the Chinese Development Assistance Council (CDAC), Association of Muslim Professionals (AMP), and the Universitas Pelita Harapan (UPH) in Jakarta. Alongside, he also started coaching top insurance agents and marketing managers on methods to boost sales. Subsequently, his father gave him the responsibility to run their own advertising agency, Adcom. He currently serves as the CEO & Managing Director of Adcom (S) Pte Ltd, the Co-Founder and Executive Director of Event Gurus Pte Ltd, and the Co-Founder & Executive Chairman of Adam Khoo Learning Technologies Group Pte Ltd. Adam Khoo has also authored 11 books including the best-seller ‘I Am Gifted, So Are You!’ and ‘Master your Mind, Design your Destiny’. He served as the co-author of ‘How to Multiply your Child's Intelligence’ and ‘Clueless in Starting a Business’. His other literary works include ‘Secrets of Self-Made Millionaires’, ‘Secrets of Millionaire Investors’ and ‘Nurturing the Winner and Genius In Your Child’. Awards and recognition In 2008, The Executive magazine ranked him among the top 25 richest Singaporeans under the age of 40. Same year, he was honored with the NUS Business School Eminent Business Alumni Award.