The Hindu Succession (Amendment) Act, 2005


wealthymattersThis Act was passed to address the inequalities in succession to agricultural land, Mitakshara joint family property, parental dwelling house and certain widow’s rights.

One of the most significant amendments in the Hindu Succession (Amendment) Act, 2005 is the deletion of the gender discriminatory Section 4 (2) of the 1956 HSA. Section 4(2) exempted from the purview of the HSA significant interests in agricultural land, the inheritance of which was subject to the devolution rules specified in State-level tenurial laws.In States where these laws were silent on inheritance, the HSA applied by default, as also where the tenurial laws explicitly mention the HSA. But, in Delhi, Haryana, Himachal Pradesh, Punjab, Jammu and Kashmir and Uttar Pradesh, the tenurial laws specified inheritance rules that were highly gender unequal. Primacy was given to male lineal descendants in the male line of descent and women came very low in the order of heirs.Also, women got only a limited estate and lost the land on remarriage.Moreover, in U.P. and Delhi, a “tenant” is defined so broadly that these inequalities effectively covered all agricultural land. U.P. alone has 1/6 of India’s population. This clause thus negatively affected innumerable women farmers.The 2005 Act brings all agricultural land on par with other property and makes Hindu women’s inheritance rights in land legally equal to men’s across States, overriding any inconsistent State laws. This can benefit millions of women dependent on agriculture for survival. Read more of this post

Orchestrate Success


wealthymattersIf in your mind’s eye you see a successful venture, a deal made, a profit accomplished, it has a superb chance of actually happening. Projecting your mind into a successful situation is the most powerful means to achieve goals. If you spent time with pictures of failure in your mind, you will orchestrate failure.-Estee Lauder

Persist To Success


wealthymattersWhat makes a successful businesswoman? Is it talent? Well, perhaps, although I’ve known many enormously successful people who were not gifted in any outstanding way, not blessed with particular talent. Is it, then, intelligence? Certainly intelligence helps, but it’s not necessarily education or the kind of intellectual reasoning needed to graduate from the Wharton School of Business that are essential. What, then, is the mystical ingredient? It’s persistence. It’s that certain little spirit that compels you to continue just when you’re at your most tired. It’s that quality that forces you to persevere, find the route around the stone wall. It’s the immovable stubbornness that will not allow you to cave in when everyone says give up. – Estee Lauder

Find Your Style


wealthymattersEach businessperson must find a style, that voice that grows clearer and louder with each success and failure. Observing your own and your competitors’ successes and failures makes your inner business voice more sure and vivid. -Estee Lauder

Intermodal Containers


wealthymattersIntermodal containers are reusable steel boxes used for the storage or movement of products and materials. The term “intermodal” means the containers can be moved through different modes of transportation without unloading or reloading their contents. Intermodal freight transportation uses rail, ship and truck.

Intermodal containers are known by many different names. Containers, freight containers, hi-cube containers, ISO containers and shipping containers are common names for these steel boxes. They are also called boxes, conex boxes and sea cans. Whatever someone calls them, they provide safe and secure storage and movement of contents.

According to the World Shipping Council, there are 17 million inter modal containers in the world. They are manufactured in several standardized sizes to suit various types of cargo. Their capacity is usually expressed in twenty-foot equivalent units (TEUs), or twenty feet long by eight feet wide. Air freight uses lighter unit load devices (ULDs), which are pallets or containers used for luggage, mail and other aircraft freight. Read more of this post