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THOUGHT OF THE DAY
THOUGHT OF THE DAY
“There are things known and things unknown and in between
are the doors.”
Law Updates:
 Director also liable for tax default of Public Company practically
acting like a private company.
 DRP has no authority to direct Assessing Officer or TPO to make
further enquiry and decide matter; at best he can call for remand
report from TPO or Assessing Officer and decide issue arising for
adjudication by itself : Chennai Tribunal.
 Lesser margin than tested party margin cannot be a ground for
exclusion of company from list of comparables: Bangalore
Tribunal.
PROFESSIONALS INPUTS:
 CBEC vide Notification No. 13/2017-Cus (NT) dated 28th
February
2017 has issued Tariff Notification in respect of Fixation of Tariff
Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold
and Sliver.
 SEBI vide Circular No. SEBI/HO/IMD/FPIC/CIR/P/2017/16 dated
28th
February 2017 has decided to permit investment by FPI’s in
corporate debt securities.
 SEBI vide Circular No. SEBI/HO/IMD/DF2/CIR/P/2017/17 dated
28th
February 2017 has amends SEBI (Mutual Funds) Regulations,
1996 pertaining to implementation of Securities and Exchange
Board of India (Mutual Funds) (Amendment) Regulation, 2017.
MARKET WATCH:
SENSEX: 28743.32 -69.59 NIFTY: 8879.60 -17.10
SILVER: 43206.00 -121.00 GOLD (MCX): 29591.00 -70.00
USD/INR: 66.78 0.09 CRUDE OIL: 3606.00 -2.00
CS Rajiv Bajaj
9811453353
Bajajr66@gmail.com
youtube.com/csrajivbajaj
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1Bajaj
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Date: 01st
March, 2017
www.csrajivbajaj.com
Sunita Narain
An Indian Enviromentalist & Political Activist
Sunita Narain is an Indian environmentalist and political activist as well
as a major proponent of the Green concept of sustainable development.
Narain is director general of the India-based research institute the Centre
for Science and Environment, director of theSociety for Environmental
Communications, and editor of the fortnightly magazine, Down To Earth.
In 2016 she was named to Time Magazine's list of 100 Most Influential
People.
Activities
Narain began working with the Centre for Science and Environment in 1982, working with the
founder Anil Agarwal, while completing her studies at the University of Delhi. In 1985 she co-edited
the State of India's Environment report, and then went on to study issues related to forest management.
For this project she traveled across the country to understand people's management of natural
resources. In 1989 Narain and Anil Agarwal wrote 'Towards Green Villages' on the subject of local
democracy and sustainable development. In her years at the Centre, she has studied the relationship
between environment and development and worked to create public consciousness about the need
for sustainable development. In 2012, she wrote the 7th State of India’s Environment Reports, Excreta
Matters, an analysis of urban India’s water supply and pollution.
Over the years, Narain has also developed the management and financial support systems needed for
the Centre, which has over 100 staff members and a dynamic program profile. In the early 1990s she
got involved with global environmental issues and she continues to work on these as researcher and
advocate. Her research interests are wide-ranging - from global democracy, with a special focus
on climate change, to the need for local democracy, within which she has worked both on forest-
related resource management and water-related issues. Narain remains an active participant, both
nationally and internationally, in civil society. She is currently in charge of the Centre's management
and plays an active role in a number of research projects and public campaigns.
She serves on the boards of various organisations and on governmental committees and has spoken at
many forums across the world on issues of her concern and expertise. In 2008 Narain delivered the K
R Narayanan Oration on "Why Environmentalism Needs Equity: Learning from the environmentalism
of the poor to build our common future"
Awards and recognition
 In 2005, she was awarded the Padma Shri by the Government of India.
 In 2005 the Centre for Science and Environment under her leadership was awarded
the Stockholm Water Prize.
 She was awarded an honorary Doctor of Science by the University of Calcutta in 2009.
 Was conferred with the Raja-Lakshmi Award for the year 2009 from Sri Raja-Lakshmi
Foundation, Chennai.
 In 2016 Narain was named to Time Magazine's list of 100 Most Influential People

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Sunita Narain Indian Environmental Activist

  • 1. www.csrajivbajaj.com c THOUGHT OF THE DAY THOUGHT OF THE DAY “There are things known and things unknown and in between are the doors.” Law Updates:  Director also liable for tax default of Public Company practically acting like a private company.  DRP has no authority to direct Assessing Officer or TPO to make further enquiry and decide matter; at best he can call for remand report from TPO or Assessing Officer and decide issue arising for adjudication by itself : Chennai Tribunal.  Lesser margin than tested party margin cannot be a ground for exclusion of company from list of comparables: Bangalore Tribunal. PROFESSIONALS INPUTS:  CBEC vide Notification No. 13/2017-Cus (NT) dated 28th February 2017 has issued Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver.  SEBI vide Circular No. SEBI/HO/IMD/FPIC/CIR/P/2017/16 dated 28th February 2017 has decided to permit investment by FPI’s in corporate debt securities.  SEBI vide Circular No. SEBI/HO/IMD/DF2/CIR/P/2017/17 dated 28th February 2017 has amends SEBI (Mutual Funds) Regulations, 1996 pertaining to implementation of Securities and Exchange Board of India (Mutual Funds) (Amendment) Regulation, 2017. MARKET WATCH: SENSEX: 28743.32 -69.59 NIFTY: 8879.60 -17.10 SILVER: 43206.00 -121.00 GOLD (MCX): 29591.00 -70.00 USD/INR: 66.78 0.09 CRUDE OIL: 3606.00 -2.00 CS Rajiv Bajaj 9811453353 Bajajr66@gmail.com youtube.com/csrajivbajaj https://www.facebook.com/Rajiv 1Bajaj http://www.csrajivbajaj.com Date: 01st March, 2017
  • 2. www.csrajivbajaj.com Sunita Narain An Indian Enviromentalist & Political Activist Sunita Narain is an Indian environmentalist and political activist as well as a major proponent of the Green concept of sustainable development. Narain is director general of the India-based research institute the Centre for Science and Environment, director of theSociety for Environmental Communications, and editor of the fortnightly magazine, Down To Earth. In 2016 she was named to Time Magazine's list of 100 Most Influential People. Activities Narain began working with the Centre for Science and Environment in 1982, working with the founder Anil Agarwal, while completing her studies at the University of Delhi. In 1985 she co-edited the State of India's Environment report, and then went on to study issues related to forest management. For this project she traveled across the country to understand people's management of natural resources. In 1989 Narain and Anil Agarwal wrote 'Towards Green Villages' on the subject of local democracy and sustainable development. In her years at the Centre, she has studied the relationship between environment and development and worked to create public consciousness about the need for sustainable development. In 2012, she wrote the 7th State of India’s Environment Reports, Excreta Matters, an analysis of urban India’s water supply and pollution. Over the years, Narain has also developed the management and financial support systems needed for the Centre, which has over 100 staff members and a dynamic program profile. In the early 1990s she got involved with global environmental issues and she continues to work on these as researcher and advocate. Her research interests are wide-ranging - from global democracy, with a special focus on climate change, to the need for local democracy, within which she has worked both on forest- related resource management and water-related issues. Narain remains an active participant, both nationally and internationally, in civil society. She is currently in charge of the Centre's management and plays an active role in a number of research projects and public campaigns. She serves on the boards of various organisations and on governmental committees and has spoken at many forums across the world on issues of her concern and expertise. In 2008 Narain delivered the K R Narayanan Oration on "Why Environmentalism Needs Equity: Learning from the environmentalism of the poor to build our common future" Awards and recognition  In 2005, she was awarded the Padma Shri by the Government of India.  In 2005 the Centre for Science and Environment under her leadership was awarded the Stockholm Water Prize.  She was awarded an honorary Doctor of Science by the University of Calcutta in 2009.  Was conferred with the Raja-Lakshmi Award for the year 2009 from Sri Raja-Lakshmi Foundation, Chennai.  In 2016 Narain was named to Time Magazine's list of 100 Most Influential People