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NEWS EXPLANATIONFor the Sake Of Truth.....

Malaysia Airlines Flight MH17

A powerful Ukrainian rebel leader has confi rmed that pro-Russian separatists had an anti-aircraft missile of the type Washington says was used to shoot down Malaysia Airlines fl ight MH17 and it could have originated in Russia.

In an interview with Reuters, Alexander Khodakovsky, commander of the Vostok Battalion, acknowledged for the fi rst time since the airliner was brought down in eastern Ukraine on Thursday that the rebels did possess the Buk missile system and said it could have been sent back subsequently to remove proof of its presence.

Before the Malaysian plane was shot down, rebels had boasted of obtaining the Buk missiles, which can shoot down airliners at cruising height. But since the disaster the separatists’ main group, the self-proclaimed People’s Republic of Donetsk, has repeatedly denied ever having possessed such weapons.

Since the airliner crashed with the loss of all 298 on board, the most contentious issue has been who fi red the missile that brought the jet down in an area where government forces are fi ghting pro-Rus-sian rebels.

Khodakovsky accused the Kyiv authori-ties for provoking what may have been the missile strike that destroyed the doomed airliner, saying Kyiv had delib-erately launched air strikes in the area, knowing the missiles were in place.

There are several models of Buk Mis-sile Systems used by multiple countries, including both the Russian and Ukrainian

government military. (Mikhail Metzel/Asso-ciated Press)

“I knew that a Buk came from Luhansk. At the time I was told that a Buk from Luhansk was coming under the fl ag of the LNR,” he said, referring to the Luhansk People’s Republic, the main rebel group operating in Luhansk, one of two rebel provinces along with Donetsk, the province where the crash took place.

“That Buk I know about. I heard about it. I think they sent it back. Because I found out about it at exactly the moment that I found out that this tragedy had taken place. They probably sent it back in order to remove

REBEL LEADER SAYS SEPARATISTS HAD BUK MISSILE SYSTEM

“The question is this: ukraine received timely evidence that the volun-teers have this technology, through the fault of russia. It not only did nothing to protect security, but pro-voked the use of this type of weapon against a plane that was fl ying with peace-ful civilians,” he said.

DCP LIC.no-f2(n-22)PPreSS/2014 16Th JuLy 2014 PAGeS : 16 rS. 10/-WWW.neWSeXPLAnATIon.Com

Airlines 01 Delhi Police info 01 Articles 02 education 04others 03

Welcome to Vedic InstituteVIMT was founded by eminent educationalists with an aim to off er quality education to deserving students from various backgrounds. VIMT consider the evaluated ability and desire of the applicant to learn and grow. VIMT does not discriminate on the basis of gender, race, physical disability, fi nancial background,etc. On the other hand, Tribune Universe off ers

a range of scholarships to deserving students from the underprivileged and fi nancially challenged backgrounds

Address: C-1, 3rd Floor, Dharampali Palace Bhoja Market, Near Vinayak Hospital,Sec-27, Noida - 201301(Uttar Pradesh, India)Phone: +91-8010977943Email:vimtinstitute@yahoo.com

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Non-profit Company- The creation of Article 19(1)(c) of the ConstitutionAn association can be formed under Article 19 (1)(c) of the Constitu-tion of India. A Non Profit Organization can 2013be registered in India as a Society, under the Societies Registration Act, 1860 or as a Trust, by making a Trust deed. A third option is registration as a section 8 of the Companies Act, 2013 w.e.f. FRIDAY, AUGUST 30, 2013( old section-25 of the Companies Act, 1956 ). Whether a trust, society or section-8 company, the Income Tax Act, 1961 gives all categories equal treat-ment, in terms of exempting their income and granting 80G cer-tificates, whereby donors to non-profit organizations may claim a rebate against dona-tions made. Foreign contri-butions to non-profits are governed by FC(R)A regu-lations and the Home Ministry. For an orga-nization to be termed as Charity it requires Income tax clearances under 12 A Clause of In-come Tax Act. Section 2(15) of the Income Tax Act defines ‘charitable purpose’ to include‘relief of the poor, education, medical relief and the advancement of any other object of general public utility’. A purpose that relates exclusively to re-ligious teaching or worship is not considered as charitable. RegistRation

Registering a Non Profit association in India can be done in a total of four ways: • Trust ( both Central and State Acts like the Bombay Public Trusts Act, 1950 ) • Society ( both Central and State Acts ) • Company under Section-8 of the Companies Act, 2013 ( old sec-tion-25 of the Companies Act, 1956 ) • Special Licensing Society: Charitable societies, military orphan funds or societies established at the several presidencies of India, societies established for the promotion of science, literature, or the fine arts, for instruction, the diffusion of useful knowledge, the diffusion of political education, the foundation or maintenance of libraries or reading rooms for general use among the members or open to the public, or public museums and galleries of paintings and other works of art, collection of natural history, mechanical and philosophical inventions, instruments or designs In addition to registration, a non-profit engaged in certain activities might also require special license/permission. Some of these include (but are not limited to): 1. A place of work in a restricted area (like a tribal area or a border area requires a special permit – the Inner Line PermiT – usually issues either by the Ministry of Home Affairs or by the relevant local authority (i.e., district magistrate).

2. To open an office and employ people, the NGO should be registered under the Shop and Establishment Act. 3. To employ foreign staff, an Indian non-profit needs to be registered as a trust/society/company, have FCRA registration and also obtain a No Objection Certificate. The intended employee also needs a work visa.

4. A foreign not-for-profit may be registered as a branch, liaison or project office [and not necessarily as an Indian entity] after the requisite permission has been granted

by the RBI. Upon receipt of approval from the RBI, the foreign office must within 30 days

seek registration under the Companies Act, 1956. Alongside of these permis-sions, the office must acquire tax reg-istrations.

The Doctrine of basic struc-

ture:

NoN-profit CompaNy is unique creature of the Companies Act but the

Constitution of India has the over riding effect

upon it. The salient feature of the Memorandum and Articles of Association of the Company comprising TWO ORGANS such as Managing Committee ( Governing body ) and Board of Directors ( ornamental body ) or vice versa, being basic struc-ture cannot abolish each other by any special resolution, nor Ministry of Corporate Affairs, nor Parliament can abolish it. The DoCTrIne of uLTrA vIreS To ComPAny: Any amendment made in the Memorandum and Articles of Association without the prior sanction of the Government or without obtaining the fresh incorporation certificate from the Registrar of Companies is ultra vires to the Company, hence, null and void. The Companies Act, 2013 Section 8(4) (i) A company registered under this section shall not alter the provisions of its memorandum or articles except with the previous approval of the Central Government. PeNAl ProvisioN:

The Companies Act, 2013 section 8 (11) If a company makes any default in complying with any of the requirements laid down in this section, the company shall, without prejudice to any other action under the provi-sions of this section, be punishable with fine which shall not be less than ten lakh rupees but which may extend to one crore rupees and the directors and every officer of the company who is in default shall be punishable with imprisonment for a term which may extend to three years or with fine which shall not be less than twenty-five thousand ru-pees but which may extend to twenty-five lakh rupees, or with both: Provided that when it is proved that the affairs of the company were conducted fraudulently, every officer in default shall be liable for action under section 447. ConClusion:

The incorporation certificate granted by the Registrar of Companies is birth certificate of the Company and the Company is always the Domi-nus Litis, juristic person with perpetual succession and common seal.

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CA (Chartered Accountancy)Careers in � nance and accounts have gained tremendous popular-ity in the last decade. In accountancy the most prestigious career option is that of a Chartered Accountant. Chartered Accountants hold key position in � rms. Moreover under the Company’s Act, only CA’s are entitled to be appointed as auditors in companies. � e Institute of Chartered Accountants of India (ICAI) is a stat-utory body that was set up to regulate the profession of chartered accountants.

The Route to CA - Step-by-StepUnder the existing chartered accountancy scheme of education, training and examination, the requirements for becoming a char-tered accountant are as follows:

FAQ CPT (Common Proficiency Test)•CPT is an entry level test of four subjects i.e. Accounting, Mercantile Laws, General Economics and Quantitative Aptitude. Examinations are conducted in June and December.•Enroll with the Institute for Common Profi ciency Test (CPT) a� er passing class 10th examination conducted by an examining body constituted by law in India or an examination recognized by the Central Government as equivalent thereto.•Appear in CPT aft er appearing in the senior secondary exam-ination (10+2 examination) conducted by an examining body constituted by law in India or an examination recognized by he Central Government as equivalent thereto and a� er completion of specifi ed period (60 days)from the date of registration for CPT

Intermediate (IPC)� is is � rst stage of CA curriculum wherein only working knowledge of core and allied subjects to accountancy profession is covered. Th e subjects of IPCC are classifi ed into two groups which

a student can study and appear in the examination group-wise or both the groups together.•Aft er passing CPT, enrol for Group I or Group II or for both Group I and Group II of Integrated Professional Competence ( IPC) Course. ( Please note that B.Com/M.Com with 55% marks and non-commerce Graduates/Post Graduates with 60% marks will get Direct Entry to IPCC without the need for appearing for CPT Exam)•Appear and pass Group I as well as Group II of Integrated Pro-fessional Competence Examination (IPCE). Group I is composed of four papers and Group II is composed of three papers.Register as Articled Assistant for a period of 3 years, on passing either Group I or both the Groups of IPCE.

CA FinalCA Final covers advanced application knowledge of core subjects like � nancial reporting, strategic � nancial management, advanced management accounting, advanced auditing and professional ethics and information systems control and audit•Aft er passing Intermediate (IPC), Register for CA Final Course and prepare for CA Final Examination.•Complete 3 years period of articled training.•Appear in the Final Examination on completion of the practical training or while serving last 6 months of articled training on or before the last day of the month preceding the month in which the examination is to be held.•Pass fi nal examination and complete GMCS, if not completed earlier.•Enroll as a member of ICAI and designate as “Chartered Ac-countant”.For more details visit the o� cial site of ICAI

www.icai.orgHELP LINE : 011-22043114

No Blues...No Reds..Delhi Is Always Green For YouClean Delhi, Green Delhi is the slogan that is promoted by the Delhi government on a big level to make the city more greener and a great tourist attraction. Infact the capital city of Delhi is quoted as Green Delhi for its lush greenery scattered around the whole city that Delhi got from its colonial empire. The rows of green trees on the road side, well maintained green lawns and parks, beautiful green natural surroundings gave the capital the title of Green Delhi. Also making it the greenest city of India, and a great place to spend holidays with nature.Since time immemorial, Delhi has been a favoured place for green lovers and a haven for solitude lovers. Even today, when the whole city pulsates with

the rhythms of modernity, you can easily find some serene sectors nestling under the amiable shades of Neem and Jamun. First the Mughals and then the British, fell in love with this princely state, and spend millions to beautify their territory. Sandstone monuments still held their head high amidst lush green sectors that add to the wonderful landscape. Delhi with its gardens and green spaces, with its high levels of income and with its avenues for employment attracts nearby 5 lakh persons by way of in-migration every year. This rapid growth of Delhi has resulted in enormous pressure on existing service infrastructure and a significant increase in all types of environmental pollution. In an attempt to counterveil the intention, Delhi government has taken many unbeaten initiatives, and today the national capital flaunts of being one of the greenest places of tourist interest.A number of intensive protection and rehabilitation measures have been taken recently that makes for a cleaner and greener change in Delhi’s outlook. Delhites have actively participated in eco-care programmes including the anti-littering and anti-plastic bag campaigns, and as a fruit of their pains, Delhi today enjoys a true green look. Even school children have eschewed the fun of burning fire crackers on the event of Diwali, one of the most celebrated national festivals of India. Hundreds of plants are rooted everyday for a fresher breath. Some of the serene pockets, as those nestling in Central and South Delhi, are so refreshing that a stay gives a real enchantment. So much so, you can even feel a sudden drop in temperature if you move through them. As a mandatory measure, every residential society is fringed with silent parks and lush manicured gardens, if possible. It makes for a nice place to jog in the morning and a playground for children who hem in here with their caretakers in the evening. Interestingly, some of the modern sectors around India Gate also flaunts of trees and fruit saplings, a government owned pleasure for enthusiastic Delhites. Enjoy the charm of picking up raw mangoes and savouring them with a tinch of common salt. Wow, that tastes amazing! In a nutshell, the whole of Delhi has emerged as a green and clean park, where you can relax despite the cacophony of modernity.

www.newsexplanation.comJuly 2014

Top 10 Tips on Writing a Good resumeAll of us study for almost half of our lives just with the aim to do something big in the life ahead. We nurture for ourselves some dreams and ambitions keeping in mind which we struggle all our childhood and most of our youth. The success of a person and caliber of his abilities is judged on the basis of the work he does and the progress he has made. Get-ting a good job remains the primary concern for every graduate be it from any field. Your job decides your fate from there on. Most of the people these days are in through the campus interviews while some go for walk in inter-views after checking vacancies in the firm they desire. Some employers even publish ads in newspapers for recruit-ment’s So opportunities are many it simply depends on your ability to capture it. Yes it is important to have good quali-

fications but it is also equally important to know how to present and portray your potential. The first step on your quest to bag a job is the CV or Resume. The CV sets your first impression on the interviewer way before than you can actually see him or her. Thus

having a great CV and un-derstanding the needs of the job profile you are applying for is important. Thus you need to know what kind of resume you

should make so as to bag an interview and make t h e interviewer consider you. The

resume must be elaborate , up to the point , crisp and comprehensive. It must give the piece of information that is needed by the em-ployer for that job. So no matter how well you can

speak what determines your fate is how well you write your CV. There are a few guidelines that you should keep in mind. The

following are 10 tips that can help you make a concrete CV and

1.Pro A pro is a professional. Since CV’s are so important in the com-petitive world there is a whole new department where in there are people who are professionals in CV writing. These experts know how to write and what to write depending upon your need. When you not sure about how to go about with your CV seek their help. They will charge you of course but it is worth an investment if it can assure your entry into your dream company.

2. HighlightThis is a very important practice because as I mentioned ear-lier your employers are very busy and do not have whole day to read the CV’s. So you need some way to get their attention. Highlight certain area of your CV that is most important. Use bullets or underline them. For example if you were promoted in your last job so mention that and underline that or use a slightly bigger font there or use some bullet there that directly takes his attention there. Use such tricks to make them see what you want them to see.

3. over writingWhen you write your CV make sure you have a properly planned format and the matter to be included ready with you. Do not be into practice that your are thinking and writing your CV like some essay. Keep a note ready that has all the points to be included mentioned on it. After you have included all the details go ahead and cross check that all the points on the note are covered in the CV. Read your CV at least 3 times in detail to check any possible error. Check your personal info and make sure your e mail and phone number are mentioned correctly. Only then finalize the CV and get it printed. Never over write the CV. Any error go ahead and correct the hard copy and get a new print out.

4. Conditionit is not only the lay out of your CV and its presentation that is important but also the state or condition in which it reaches the interviewer is important. If you are sending your application by post then make sure the CV reaches in a crisp condition. Use A4 envelopes to post your CV. Do not fold your CV. If you going

5. Choose wiselyThere are hundreds of vacancies out there. It also depends how you choose an employer. When you planning to apply check very well what are the requirements of that position and do you have all that is required. Once you sure than apply there. While adding descriptions on the CV choose wisely which experience or skill of yours is suitable for that position and emphasis on that. Like if you applying for marketing job em-phasis on your communication skill and influencing ability. Give your past sale experiences.

6. Be honestAlways try to give a detailed in sight of your qualification. But do not randomly go on stating anything to set an impression. Remember you are required to present all the documents to the company if you get hired. So never write any lie in the re-sume. If you do not have a par-ticular qualification then just forget about it. Do not give wrong details nor go for forged documents. The employers are way smarter than you think. Be honest and if you do not have some required qualification on certificate then use some of your past experience relative to it as a substitute.

7. Job experienceThis is definitely the most important part on your resume. The employer is the most interested in finding out what have you done earlier and how well were you in your job. When you write about your job experience mention the profile very well. The status of your work there. Use positive and assertive language and mention your achievements throughout your stay there. If you were involved with some other activities in the company than state that. Mention your recent experience with most de-tailing as it determines a lot about the offer that you might get.

8. PresentationLike your appearance and personality makes an impact on the

interviewer the same is applicable to your resume. The look of the resume sets your impression. It shows how well you plan you plan things and can take care of. Always have a printed re-sume. Make sure that the font is even and big enough to be read without any burden on the eye. Do not use colours on the resume nor use a colored paper. Do not add your picture unless and until specified. Try to keep it as professional as possible. If you want to add to the presentation use a font that you think

adds to the style. Make a great looking yet formal resume.

9. Correct orderJust presenting a piece of paper that has your information is not enough. You need to know how to present the information. The pattern in which you write the CV is very important. The first thing that any employer would want to know is your name and probably the age etc. Include your personal info followed by your qualifications and then your work experiences. Write in ascending order with the latest

work experience in the last and more elaborated than the rest as it is what interests them the most- your current status. Have a crisp format which makes going through your information easier.

10. Not lengthyRemember this thing that the people you are forwarding your resume to are really busy people and the position you are aim-ing for is the target for many. So there will be many resumes reaching your employer along with yours. He or she obviously does not have the time to go through the entire lot reading each and every detail. So they already are in need of reasons to reject CV’s. When you present a CV that is 4 pages long it is a perfect reason for them to avoid it. Include all your information but make sure your CV is not more than 2 pages. Try to shortlist your qualifications and include only those that are required for that particular job.Brief summery in next edition………

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DCP LICenSe no-f.2(n-22) PreSS/2014Printed ,Published & Edited By Santosh Kumar on behalf Of M/s. IASAM Pvt. Ltd. Published From A-123,Street No-02,Shakarpur,Delhi-110092 & Printed at M/s. Bharat Graphics,C-83,Okhla Industrial Area ,Phase-I,New Delhi-110020,Editor Santosh Kumar

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Education Zone & Students Information:

Quick Jobs :

Substantively comes into effect on 12th October 2005 .Covers the whole of India except the State of J&K.Covers entire Central / State Govern-ment / Public Sector. (Including Gov-ernment funded organizations / insti-tutions, Schools, hospitals, NGOs.)

Why right to information? Right to Information is a Fundamental Right and guaranteed as per Article 19 and 21 of the Constitution of India.

It is part of the Fundamental Right to Freedom of Speech and Expression recognized by the Constitution and various Supreme Court decisions.Spirit of Disclosure To generally provide all information to the public.Information which cannot be denied to Parliament will not be refused to a citizen.Even the decisions of the Cabinet and basis thereof are to be made public.Even exempted information to be dis-closed if in “public interest” or if publicinterest outweighs loss to private in-terest.Preparation Manuals i The particulars of its organizations functions and duties.ii The powers and duties of its officers and employees.iii The procedure followed in its deci-sion making process, including chan-nels of supervision and accountabil-ity.iv The norms set by it for the dis-charge of its functions.v The rules, regulations, instructions, manuals and records used by its em-ployees for discharging its functions.vi A statement of the categories of the documents held by it or under its control.vii The particulars of any arrangement that exists for consultation with or representation by the members of the public, in relation to the formu-lation of policy or implementation there of.viii A statement of the boards, coun-cils, committees and other bodies consisting of two or more persons constitute by it. Additionally, infor-mation as to whether the meetings of these are open to the public or the minutes of such meeting are acces-sible to the public.ix A directory of its officers and em-ployees.x The monthly remuneration received by each of its officers and employees, including the system of compensa-tion as provided in its regulations.xi The budget allocated to each of its agency indicating the particulars of

all plans, proposed expenditure and reports on disbursements made.xii The manner of execution of subsidy programmes, including the amounts allocated and the details and benefi-ciaries of such programmes.xiii Particulars of recipients of con-cessions, permits or authorizations granted by it.xiv Details of the information avail-able to, or held by it reduced in an electronic form.xv The particulars of facilities avail-able to citizen for obtaining informa-tion, including the working hours of a library or reading room, if maintained for public use.xvi The names, designation and other particulars of the Public In-formation Officers.

Salient Features of the Act As per Sec.2(i) the Public can get information on the following which includes records, documents, memos, e mails, opinions, advices, press re-leases, circulars, orders, log books, contracts, reports, samples, models, data/material in electronic form.

As per Sec.3 of the Act the citizens shall have the right to information.Appointment of Public Information Officer/Assistant Public Information Officer.As per Section 5(i) every Public au-thority shall designate PIO in all ad-ministrative Unit / Offices as may be necessary with the following.a Set up their Front Officesb Give them Facilitiesc Computer, Net-working, Staff to af-ford assistance to Public.

Sec.5(2) provides powers to AIPOs to receive application from the public and to forward it to PIO. Senior-most Officer shall be appointed as AIPO.

Sec.5(3) 1 To receive applications from Public for information or ap-peals under this Act.2 To deal with requests of persons seeking information and render rea-sonable assistance to the persons seeking information.3 Forward the same to PIO/Appel-late Authority / Commission (Central/State), as the case may be.4 Applications pertaining to other Public Authority shall also have to be accepted vide Sec.6(3).5 To dispose off requests by written orders (Sec.7).6 To render reasonable assistance to persons seeking information.

Brief summery in next edi-

tion……….