Archive for September 30, 2012

Azmina Rahimtoola & Aparna Badlani Host Preview at Atosa

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By K. Ashwin Mob: 00919920183006 E-mail: indianshowbusiness@gmail.com

Atosa, the eclectic multidesigner store at Khar, Mumbai by Azmina Rahimtoola and Aparna Badlani hosted a Preview on Monday 24th September 2012 to showcase DL1961 Jeans, Kallol Dutta, Mayank & Shraddha and Jewellery by Vijeta Ramchandani of “Raya”.  According to Azmina Rahimtoola of Atosa “This is the perfect season to present new festive collections as well as a luxury line of denims. This is a time for some shopping frenzy and Atosa as always unveils hot new trends for the quarter. From DL 1961′s revolutionary denims to Kallol Dutta’s avante garde, “Not So Regular” looks to Mayank & Shraddha’s soft fluid lines, Atosa heralds the start of a new fashion season”.

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Hindi film Janleva 555 releasing on 19th October 2012 all over

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By K. Ashwin Mob: 00919920183006 E-mail: indianshowbusiness@gmail.com

SYNOPSIS – JANLEVA 555 is a romantic musical mystery thriller spanning two time eras 555 years apart. A thrilling amalgamation of events which connect the past and present in a matrix of intriguing nail biting moments leading to a mind boggling climax!  The film has fun, songs, dance, mystery, danger and suspense. A complete Bollywood extravaganza. Janleva 555 has total 15 musical tracks sung by 9 different singers.  A new production, made under the banner of HOUSE OF PANDIT, the film is produced by Kalpana Pandit.

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Bollywood and Tv actors went to Andheri Cha Raja to take blessings and to do aarti

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By K. Ashwin Mob: 00919920183006 E-mail: indianshowbusiness@gmail.com

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Adrenaline pumping music and visual effects of RESIDENT EVIL-RETRIBUTION

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By K. Ashwin Mob: 00919920183006 E-mail: indianshowbusiness@gmail.com

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Will Evil charm India?

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By K. Ashwin Mob: 00919920183006 E-mail: indianshowbusiness@gmail.com

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Attention grabbing seminar at the IMC with Dr Parthasarathi Shome

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By K. Ashwin Mob: 00919920183006 E-mail: indianshowbusiness@gmail.com

 

A significant seminar which would have far reaching consequences for the Indian economy titled “Emerging issues and possible consensus on issues arising on provisions relating to GAAR and amendment in Section 9 transfer pricing under the income tax act – industry and professionals perspective” was held at the Indian Merchants’ Chambers. The IMC in a proactive effort organized this seminar under the auspices of its Direct Taxation committee.

Niranjan Hiranandani, President, IMC said that this seminar would bring about a transformation in the minds of people about the way they thought about the country and stressed on the importance of inclusiveness. He referred to the uncomfortable tax policy of the government, too, particularly due to retrospective amendments, to overrule court decisions.

Dr Parthasarathi Shome, Chairman of the expert committee on GAAR, chief economist, Her Majesty’s Revenue and Customs (HMRC), United Kingdom and Advisor to the Indian Finance Minister (2004-08) delivered the key note address. He took an overview of taxation scenario in India and dealt with the growth in tax revenue. He also referred to the role of the public sector in this context. The growth of the corporate sector had led to an unprecedented growth in the corporate revenue. If the centre and the state governments worked together GDP would improve and indirect taxes would decline. India was closely following the international pattern. The VAT had risen steadily in the last 2-3 years.

He mentioned that in many emerging economies the concept of revenue target is not existent anymore. The tax gap is being continuously minimized. We need to move from revenue maximization to minimization of the tax gap. The introduction of VAT in India had taken a long time, roughly 10 years till it began in 2005. He reiterated that it was very important to have the right structure in GST. Today there are different types of GST which are levied on goods like petroleum, alcohol and tobacco. These goods have not been left out of the GST ambit in any country of the world.

Referring to the situation in the UK, he said the issue of CFC (controlled foreign companies) took a long time to be consulted and result. Coming back to India, he referred to many businessmen leaving for foreign shores like southern Europe and the need to attract them. He concluded that the tax administration in India had improved by leaps and bounds over the last 7-8 years. However, he felt lot more is desired from them in the emerging economies, so as to have harmonious view in tax policy and implementation, without harassment to tax payers.

The presentation was followed by an interactive panel discussion which included interesting case studies. The discussion was chaired by Dinesh Vyas, Senior advocate and the panelist included Pranav Sayta of Ernst & Young, Gautam Doshi of RADAG, F N Subedar of Tata sons and Bela Sheth of Shell India. In the question & answer session thought provoking questions like “can we have focused anti-avoidance rules like in the UK instead of general anti-avoidance rules?” came up for discussion. In the wake of Dr. Parhtasarathi Shome being the Chairman of the Expert Committee on GAAR, the seminar occupied a position of great importance and the learned panelists and audience agreed that his report had thrown up worthwhile solutions.

 

Pharmaceutical Company Biogen Idec Observed ‘CARE DEEPLY’ Week in India

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By K. Ashwin Mob: 00919920183006 E-mail: indianshowbusiness@gmail.com

Employees of one of the world’s oldest biopharmaceutical companies, Biogen Idec, observed ‘Care deeply’ week in India as part of its Corporate Social Responsibility initiative.

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GlacialLight Exhibiting at Light Middle East 2012

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By K. Ashwin Mob: 00919920183006 E-mail: indianshowbusiness@gmail.com

GlacialLight, a sub-division of the experienced technology maker GlacialTech Inc., extends an invitation to all business and media partners around the world to attend their display (Booth #LT715, Hall 4) at Light Middle East, to be held at the Dubai World Trade Centre in Dubai from October 1-3, 2012.

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Marathi film HE VAAT JEEVANACHI (THIS PATH OF LIFE) releasing on 19 October 2012

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By K. Ashwin Mob: 00919920183006 E-mail: indianshowbusiness@gmail.com

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Afsar Bitiya party was a rocking affair

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By K. Ashwin Mob: 00919920183006 E-mail: indianshowbusiness@gmail.com

Producer Raakesh Pashwan threw a bash to celebrate the two hundred episodes completion of his show Afsar Bitiya on Zee TV.  The complete cast and crew turned up for the party besides many other guests. A huge chocolate cake was cut. Raakesh Paswan attended all guests personally. The venue was Sky Lounge, Juhu.   Celebrities who attended- Rohit Khurana, Vishal Karwal, Virendra Saxena, Kinshuk Mahajan, Mitali Nag, Utkarsha Naik, Raj Logani, Aman Verma, Smita Singh, Shivshakti Sachdev, Indrira Krishnan, Nilima Bhargava, Yash Sinha, Amarpali Gupta, Amandeep Sohi and Juhi Aslam.

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