BWF hosts seminar on ‘Global Economy and Repercussions on NRIs’

Media Release
March 3, 2018

Abu Dhabi: The Bearys Welfare Forum-Abu Dhabi, recently organized a seminar on Global Economy and Repercussions on NRIs focusing mainly on Gulf Kannadigas at Grand Continental Hotel, here. Several prominent NRI personalities from various fields attended the seminar.

Saif Sultan of Hope Foundation was the resource person. Advocate Saaduddin Salih, Altaf Kateeb and Rafeq Ahmed of Sahibaan, Mohammed Hakeem of KCF, Abdul Salam Deralkatte, ICC, were guests of honor.

Abdulla Madumoole, General Secretary, BWF, delivered the introductory speech. Comparing the repercussions of the Great Depression of 1930 with that of the repercussions on the world economy after the Great Recession of 2008, he some rulers like Hitler had manipulated the hardship of people into their own advantage by exploiting the nationalistic emotions in the 30s and a similar atmosphere prevails world over now and people are vulnerable again to an emotional nationalistic blackmail.

Governments in UAE and world over spent on infrastructure projects to overcome the financial crisis exactly how America did in 30s. Though the economy of UAE has stabilized, unfortunately NRIs have been losing jobs. To discuss various issues relating to NRIs and make the people aware of investment opportunities and financial facilities available to them back in India, BWF organized this seminar “Global Economy and Repercussions on NRIs”.

Mohammed Ali Uchil, President, BWF, in his welcome address put a few words on ‘major challenges for NRIs to get adjusted in Indian conditions’. NRIs who have worked in high position in foreign countries may face problem in adjusting in India, he said adding that the big concern for NRIs is their kids who may find sudden change in their lifestyle for which they are not prepared. 

“The kids of NIRs face problems in adjusting in Indian schools. They may face problem in interaction with their pear group who may like to converse in the local language while they prefer talking in English. NRI kids have to struggle adjusting with Indian lifestyle. There are vast difference in values and habits of NRI kids and Indian children. It is observed that NRIs who are thinking of returning back must fully understand the living conditions of India before they take such a step. There are various issues that they have to be tackled while living in India and they must be aware of them.  The main hurdles may include cultural, logistical and economic etc. Rebuilding healthy relationship with their relatives, friends and others will also be a challenge. They have to follow all customs and traditions and participate in cultural and religious festivals. NRIs placed at high position in companies abroad are accustomed to a certain lifestyle. Their lifestyle in foreign countries is completely different and they may find living conditions in India a big problem. They may have to face problems like hygiene, and other such life style related issues,” he said.

He thanked BWF-executive committee members for their hard work, dedication and effort to organize the function and bring in to its complete success and spirit. “It’s an incredible achievement for BWF, which managed to accomplish so many tasks to its utmost goal set, and God willing all of its project will be a complete success.”

Saif Sultan  is a certified NLP practitioner. He has, in his 15 years training carrier, worked at Sharjah Islamic bank as a trainer in Islamic banking. Has has trained more than 1,100 managers of MNCs in Management skills in India, UAE, Malaysia, Qatar, Philippines & USA.

He has trained school Management, teachers and students on various topics in India, Malaysia, UAE & Qatar. Also the founder of HOPE foundation in India.

He  delivered an uninterrupted talk for 2 hours touching all points of the topic "Global Economy And Repercussions on NRIs". He enlightened the audience with his highly motivational and educative talk, which applauded by the all the audience. A question and answer session on the topic got tremendous response.

Rafeeq Krishnapur, Vice President along with Jaleel Gurpur and Imran Ahmed compered the program. BWF felicitated Saif Sultan and Advocate Saaduddin Salih. Abdul Ravoof, Vice President, BWF proposed the vote of thanks. Programme started with recitation of Quranic verses by Abdul Rasheed V.K.

The programme was coordinated by Hamza Abdul Khader , Mohamed Kallapu and Nawaj Uchil. Mohd Siddik Kaup, Treasurer, Abdul Majeed A.G. and Hameed Gurupur, Secretary. Mujeeb Uchil, Nazeer Ubar ,Siddik Uchil, Basheer Bajpe, Haneef Ullal,  Mohideen Handel, Majeed Athoor, Irfan Ahmed, Rasheed Bijai, Rasheed V.K, Altaf takreer, Basheer Uchil, Imran along with other BWF youth volunteers  were instrumental in the success of the programme. 

Comments

Salam Bava
 - 
Sunday, 4 Mar 2018

super programe.Saif bhai,Saaduddin Saab spoke length and wedth of community development.I am overwhelmed by Civil service coaching-Ace acadamy.

 

Thanks to Ali uchil & BWF team for conducting this seminar.Let this kind of seminar to continue instaed of

non purpose programes

khaleel Ibrahim
 - 
Sunday, 4 Mar 2018

Kudos to BWF-for arranging this beautiful program.Thank you Saif Bhai for the enlightening talk, indeed it was very educative. You are an asset to our society.

Nagarika
 - 
Sunday, 4 Mar 2018

An inspiring msg delivered by Mr. Saif Sultan. He is not just socialist but well versed trainer. In the begening of programe Mr. Saif has said that there are three intention to attend this prograte from all you audiance 1. Jsut like that, 2. To make happier of BWF committee & 3. Everyone is going so let me go. But in fact I am one of the above intention but after attending it really made my day. Wonderful programe and very useful and touching informaiton i received. thank you Saif and BWF and wish to have more such events from both.  

Jawed Sheikh
 - 
Sunday, 4 Mar 2018

Nice program,keep this spirit-BWF,Well organized

Altaf Ahmed
 - 
Sunday, 4 Mar 2018

Masha Allah,very informative seminar.Saif Sultan in his best-thanks to BWF for arranging a thought provoking  talk show.Uchil Saab and Abdulla given us very useful tips.worth attending

 

Saleem
 - 
Sunday, 4 Mar 2018

Masha Allah good gathering.

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News Network
May 9,2020

New Delhi, May 9: The Finance Ministry on Friday announced relief to those who have been facing difficulty with their residency status in India under section 6 of the Income-tax Act due to lockdown and suspension of international flights owing to COIVD-19 outbreak, as they have had to prolong their stay in India.

According to a Central Board of Direct Taxes (CBDT) release, Finance Minister Nirmala Sitharaman today allowed discounting of prolonged stay period in India for the purpose of determining residency status after considering various representations received from people who had to prolong their stay in India due to lockdown and suspension of international flights.

They expressed concern that they will be required to file tax returns as Indian residents and not as NRIs after 120 days of stay.

The Finance Ministry stated that the lockdown continues during the financial year 2020-21 and it is not yet clear when international flight operations would resume, a circular excluding the period of stay of these individuals up to the date of resumption of international flight operations shall be issued for determination of the residential status for the financial year 2020-21.

A circular also said that in order to avoid genuine hardship in such cases, the CBDT has decided that for the purposes of determining the residential status under section 6 of the Act during the previous year 2019-20 in respect of an individual who has come to India on a visit before March 22, 2020 and:

(a) has been unable to leave India on or before March 31, 2020, his period of stay in India from March 22, 2020 to March 31, 2020 shall not be taken into account; or

(b) has been quarantined in India on account of novel coronavirus (Covid-19) on or after March 1, 2020 and has departed on an evacuation flight on or before March 31, 2020 or has been unable to leave India on or before March 31, 2020, his period of stay from the beginning of his quarantine to his date of departure or March 31, 2020, as the case may be, shall not be taken into account; or

(c) has departed on an evacuation flight on or before March 31, 2020, his period of stay in India from March 22, 2020 to his date of departure shall not be taken into account."

The release said there are number of individuals who had come on a visit to India during the previous year 2019-20 for a particular duration and intended to leave India before the end of the previous year for maintaining their status as non-resident or not ordinary resident in India.

"However, due to declaration of the lockdown and suspension of international flights owing to outbreak of COVID-19, they are required to prolong their stay in India. The status of an individual whether he is resident in India or a non-resident or not ordinarily resident, is dependent, inter-alia, on the period for which the person is in India during a year," it said.

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News Network
January 12,2020

Mangalore, Jan 12: Thieves reportedly stole around 70,000 cash from a MESCOM ATP machine located at Chembugudde in Thokkottu, Police said here on Sunday.

Police said that the theft took place in the MESCOM sub-division office at Chembugudde. It was said that the thieves broke open the room where the MESCOM customers bill payment machine was located and stole 70,000 rupees cash from the ATP machine.

This machine had nine lakh rupees cash. The amount was reported to have been transferred at around 1500 hrs on Saturday.

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News Network
July 3,2020

Mangaluru, Jul 3: Four central crime branch (CCB) police personnel tested positive for coronavirus on Friday in Dakshina Kannada district in Karnataka.

So far, eighteen police personnel, including an official of the ACP rank and 12 from Ullal police station, have tested positive for Covid-19 in the district in the last few days, police sources said.

A policeman from Mangaluru Rural station and another from Puttur station have also been infected.

All the personnel who tested positive have been admitted to the designated Covid-19 hospitals.

City police commissioner Vikash Kumar Vikash said adequate protection has been provided to police personnel who were fighting the pandemic and the members of their families.

As of Thursday, the total coronavirus cases in the district stood at 923 and the toll 18 while the state's infection count has crossed the 18,000 mark with 272 deaths.

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