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Indians named in Pandora Paper leaks under probe by group of agencies: Govt

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Indians named in Pandora Paper leaks under probe by group of agencies: Govt

The center told parliament on Tuesday that multiple agencies are investigating Indians who allegedly hid their wealth overseas in the Pandora documents leaked in October this year.

The Ministry of Finance also submitted information on the amount of undisclosed income recovered so far from Indians associated with hidden offshore accounts through similar leaks (such as the Panama and Paradise papers).

“The media published some Indian names, which are said to be related to the Pandora file leak. The Indian government has realized this and placed the Pandora file leak under the protection of the Multi-Agency Team (MAG) in order to coordinate and speed up the investigation. The group is convened by the Chairman of the Central Direct Taxation Committee (CBDT), with the Enforcement Bureau (ED), Reserve Bank of India (RBI), Financial Intelligence Unit (FIU) of India (FIU) and the Foreign Taxation and Taxation Research Department of CBDT as its member institutions, “Financial Minister Pankaj said of Chaudhary. On October 3, the International Federation of Investigative Journalists (ICIJ) leaked 11.9 million documents, including the names of politicians, businessmen, and celebrities from more than 200 countries and regions. They are suspected of hiding foreign exchange and laundering money abroad. The list contains the names of more than 300 Indians, including top businessmen, sports icons and movie stars. Some Indians refuted allegations of financial misconduct and stated that their offshore accounts were legal. Over the years, some Indians have been named in similar leaks, such as the HSBC, Panama and Paradise documents issued by international journalists and whistle groups. Blower. .

The Ministry of Finance told the Parliament that in 2019-20, 10,370.47 crore of such undisclosed income was confiscated and 4,145.42 crore was confiscated in 2020-21. Pankaj Chaudhary stated: “The total undisclosed credits of entities associated with India found in Panama and Paradise Paper Leaks amounted to 20,353 crore.”

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Earlier, the Ministry announced that it had discovered an undisclosed credit of approximately Rs 20,352 crore (as of September 15, 2021) during an investigation into the leaks of the Panama and Paradise papers.

Complete News Source : Hindustan Times

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Train smarter, not harder: How taking occasional breaks from gym can revolutionise your fitness routine

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Train smarter, not harder: How taking occasional breaks from gym can revolutionise your fitness routine

Taking regular breaks from intense training, like deload weeks, helps your body recover, preventing fatigue and injury, and ultimately boosts fitness gains.

When it comes to getting fit, the idea of spending hours at the gym might come to mind, but many fitness experts argue that taking a “deload week” every six to eight weeks is actually key to improving your fitness gains. A deload week involves reducing the intensity of workouts to allow the body to recover from the fatigue and muscle damage caused by intense training.

While high-intensity training helps build strength and fitness, it can also lead to muscle strain, and without adequate recovery, these gains can’t fully materialise. Deload weeks give the body much-needed rest to repair and rebuild, ensuring continued progress. (Also read: Bhagyashree swears by this super easy exercise for instant leg pain relief and better mobility. Watch how to do it )

Why recovery is key for muscle growth

According to an article by The Conversation, intense exercise can cause tiny tears in muscle fibres, leading to inflammation that requires rest or low-intensity exercise to heal. This inflammation is essential for muscle growth and fitness improvements. However, without proper recovery, muscles remain in a state of slight damage, preventing inflammation from resolving. This chronic state of inflammation can hinder muscle function, reducing oxygen efficiency and impairing performance. Giving muscles time to recover through rest ensures they repair properly and are primed for continued progress, setting us up for greater success in our fitness journey.

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Many gymgoers fear taking time off and are worried it will lead to a loss of gains. However, research shows that muscle genes have a “memory imprint,” which keeps them in a semi-prepared state. This allows muscles to respond more quickly and effectively to future training, promoting growth after a rest period. Even after extended periods of reduced intensity, up to seven weeks, muscular fitness can be restored to prime condition—and in some cases, surpass previous levels. Interestingly, recovery can occur twice as fast as it took to reach peak fitness initially, even if some strength is lost.

Taking time off from intense training is crucial to prevent muscle soreness and avoid overtraining syndrome. Overtraining occurs when the body doesn’t get enough rest, leading to prolonged fatigue, decreased performance, and mood disturbances. Symptoms develop gradually, making overtraining difficult to recognize until it’s severe. Rest is essential to avoid these issues and ensure long-term progress in training.

Role of overtraining syndrome and deload weeks

Overtraining syndrome is challenging to quantify due to its vague symptoms. Studies suggest it may affect as few as 10% of elite athletes, though rates could climb to 60% among highly competitive individuals. Recovery is essential for both fitness and overall health. When engaging in heavy gym routines, it’s vital to incorporate sufficient recovery time into your workout plan. Unlike rest days, which involve little to no exercise once or twice a week, deload weeks feature lighter training at reduced intensity—typically about 50% fewer workouts or a 20% drop in workout intensity.

Both rest days and deload weeks are essential for recovery and crucial to improving fitness. It’s not about choosing one over the other—they complement each other. For instance, intense training for marathons, Ironman, or CrossFit competitions requires weekly rest days alongside scheduled deload weeks. However, for recreational gym-goers exercising 1–3 times weekly at a moderate intensity, the recovery from this routine is often sufficient without the need for additional deload weeks.

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Fitness influencers recommend incorporating deload weeks into training schedules every 4–8 weeks, aligning closely with the expert advice of 4–6 weeks. However, it’s crucial to listen to your body and schedule deload weeks as needed. If your performance plateaus or worsens, it may signal time for a deload. Training plans should be flexible enough to allow rest when required. Deload weeks not only enhance performance but also support overall health.

Disclaimer: This article is for informational purposes only and not a substitute for professional medical advice. Always seek the advice of your doctor with any questions about a medical condition.

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