Remembering Bruce Lee – The Man Who Lived Without Limits

Remembering Bruce Lee – The Man Who Lived Without Limits.

Many years ago, a friend asked me to write a short piece about one of the greatest figures in martial arts for his birth anniversary on 27th November. Back then, the internet as we know it today didn’t exist. All I knew was that Bruce Lee was the electrifying star of action films. So, one Sunday, I went to Delhi’s Daryaganj book market, hunting for anything I could find on him.

I got lucky – a copy of Tao of Jeet Kune Do, a few martial arts magazines, and some old issues of Black Belt. As I read, the man behind the legend came alive: his philosophy, his relentless training, his journey from a rebellious street fighter in Hong Kong to a global icon, and the way he completely rethought what martial arts could be.

He died at only 32, yet in that short life he achieved what most people couldn’t in a hundred years. If Bruce Lee had been born in India, we would have probably built temples for him and called him an avatar. That’s how extraordinary he was.

It took me almost a week and nearly 60 handwritten pages to finish the article. When I gave it to my friend, he was stunned – he had expected three or four pages at most. I smiled and said, “This is the short version. Even five hundred pages wouldn’t be enough to truly capture Bruce Lee.”

Today, if someone asks me again to describe his life, I don’t need 60 pages. Just One Word is Enough.

That one word is: Limitless.

Bruce Lee’s entire existence was a rebellion against limits – physical, mental, cultural, and philosophical.

We are the ones who build cages around ourselves and then complain that the door is locked.

I have met people who will only work in one industry, one city, one kind of role – and then feel trapped when the job no longer excites them.

These are all self-created boundaries.

Bruce Lee saw the same thing in martial arts. At that time there were hundreds of traditional styles – Karate, Kung Fu, Judo, Taekwondo – each with its rigid forms, katas, rules and rituals. Students would spend years practicing fixed patterns, imagining an opponent who conveniently attacked exactly the way the kata expected.

Bruce asked a simple question: “What happens in a real fight?”

In a street fight, no one follows your kata. No one waits politely for you to finish your stance. So he broke every rule. He took what was useful from every style and discarded the rest. He created Jeet Kune Do – not another “style” with new rules, but a way of no way, a philosophy of absolute freedom and adaptation.

That was Bruce Lee.

He simply didn’t accept limits.

And that is his greatest teaching of all:

The only real limits are the ones we accept.

On his 85th birth anniversary today, 27th November, let us remember the Little Dragon not just as a fighter or an actor, but as the man who showed us that human potential is boundless – if we have the courage to stop believing in boundaries.

May we all learn to live a little more like Bruce Lee:

Limitless.

Labour Law Reforms - New Labour Codes - 21st November 2025

Finally, Wage Code, 2019, The Industrial Relations Code, 2020, The Occupational Safety, Health, and Working Conditions Code, 2020, and Social Security Code 2020 got implemented on 21st November 2025.

*Copies of Notifications are available on website of Ministry of Labour and Employment, GOI.

A) Code on Wages, 2019 replaces 4 Laws:

1) Payment of Wages Act, 1936

2) Minimum Wages Act, 1948

3) Payment of Bonus Act, 1965

4) Equal Remuneration Act, 1976

B) Industrial Relations Code, 2020 replaces 3 Laws:

1) Trade Unions Act, 1926

2) Industrial Employment (Standing Orders) Act, 1946

3) Industrial Disputes Act, 1947

C) Code on Social Security, 2020 replaces 9 Laws:

1) Employees’ Compensation Act, 1923

2) Employees’ State Insurance Act, 1948

3) Employees’ Provident Funds and Miscellaneous Provisions Act, 1952

4) Employment Exchanges (Compulsory Notification of Vacancies) Act, 1959

5) Maternity Benefit Act, 1961

6) Payment of Gratuity Act, 1972

7) Cine Workers Welfare Fund Act, 1981

8) Building and Other Construction Workers Welfare Cess Act, 1996

9) Unorganised Workers’ Social Security Act, 2008

D) Occupational Safety, Health and Working Conditions (OSHWC) Code, 2020 replaces 13 Laws:

1) Factories Act, 1948

2) Plantations Labour Act, 1951

3) Mines Act, 1952

4) Working Journalists and Other Newspaper Employees (Conditions of Service and Miscellaneous Provisions) Act, 1955

5) Working Journalists (Fixation of Rates of Wages) Act, 1958

6) Motor Transport Workers Act, 1961

7) Beedi and Cigar Workers (Conditions of Employment) Act, 1966

8) Contract Labour (Regulation and Abolition) Act, 1970

9) Sales Promotion Employees (Conditions of Service) Act, 1976

10) Inter-State Migrant Workmen (Regulation of Employment and Conditions of Service) Act, 1979

11) Cine Workers and Cinema Theatre Workers Act, 1981

12) Dock Workers (Safety, Health and Welfare) Act, 1986

13) Building and Other Construction Workers (Regulation of Employment and Conditions of Service) Act, 1996

Also, under new Laws 351 Rules replaces 1436 Rules, one single electronic return against 31 returns, 73 forms against 181 forms, 8 registers against 84 registers, single registration against 8 separate registrations previously.

For common people (Non-HR & Accounts) - In brief about these Laws (Copy from Net) :

Ye 4 naye labour laws hain jo Modi govt ne 21 Nov 2025 se implement kiye:

1. Code on Wages: Sab workers ko minimum wage, timely payment, bonus ensure karta hai.

2. Industrial Relations Code: Strikes, layoffs, unions ke rules simplify karta hai.

3. Social Security Code: Pension, gratuity, insurance gig workers tak extend karta hai.

4. Occupational Safety Code: Safe working conditions, health benefits for factories/offices.

Badi reform hai, 29 purane laws replace kiye!

For more information, please refer the PIB links given below. Thanks.

Link 1: https://www.pib.gov.in/PressNoteDetails.aspx?id=156140&NoteId=156140&ModuleId=3

Link 2: https://www.pib.gov.in/PressReleseDetailm.aspx?PRID=2192463

Bihar Election 2025 results - Play of Karmas

Bihar election results turned out exactly as expected. This is also a harsh lesson for those who treat God as a mere Joke.

RJD's game was over the very day Navratri began, when Tejashwi Yadav shared a photo of himself eating fish on social media. He can consume meat or alcohol as he wishes - it's his life, live it as he pleases. But repeatedly pulling such stunts just to appease the vote bank. Their joy on Eid is a sight to behold, but calling the Kumbh a useless fair, performing havan while wearing shoes and almost disrespectfully tossing the havan materials into the fire pit. Then, their workers insulting texts like the Manusmriti, making snide remarks about Lord Shri Ram, and giving unnecessary statements on Sri Ram Mandir.

Overconfidence that a united Muslim and Yadav vote would bring them in power - proven wrong. A clay pot doesn't climb the stove twice. Even today, many in the Yadav community consider themselves part of the Yadu lineage, not descendants of the Mughals, although leaders like Mulayam Singh and Lalu Prasad left no stone unturned in insulting Sanatan culture. On top of that, the Muslim community has also realized - these people will take votes but, in the name of amenities, only benefit their own family and close associates.

Those who remember the 1990s era know that the word 'Bihari' was used like an insult, because a large number of Bihar's citizens were wandering to other states in search of jobs, becoming a problem for locals. Bihar - which was once the center of the Maurya and Gupta Empire; Pataliputra was considered the world's most prosperous and powerful city; Nalanda was the world's first residential university (5th century CE), a global center for Buddhist studies, philosophy, mathematics, Ayurveda, and astronomy - scholars came from China, Korea, Japan, Tibet to study; the glory of universities like Vikramshila and Odantapuri - all this splendor was lost. Just because of a few leaders who talked of socialism but trusted only in family rule. But this is not the end. Now the layers of their scams will be uncovered - cases like the fodder scam, railway hotel scam, IRCTC scam, land scam will come to the fore again.

No one escapes the fruits of their actions (Karmas). Hopefully, rising above caste and religion, the people of Bihar will force the government to take actions that restore Bihar's glory - by making the new Nalanda University world-class, bringing roads, railways, industries, and increasing education and employment. In spite of Tejaswi Yadav managing to save his seat, the Lalu family will face punishment for their actions - no doubt about it.

And now the next in line ... So called Didi, whose followers left no stone unturned in insulting Lord Shiva, Maa Kali, and Maa Durga. The Place that was considered Maa Kali's home - protecting such sinners there for the vote bank.

Humans perform actions and forget - but there is no escape until the account of every action is settled, whether good or bad. Thank you.

NFRA - Audit-Practice Toolkits: Audit Strategy Memorandum – Sample Document

On November 3, 2025, the National Financial Reporting Authority (NFRA) released its Audit-Practice Toolkits: Audit Strategy Memorandum – Sample Document.

Just 1st para of Sample Engagement Letter is Sufficient to guess intention of NFRA and expectations from the Auditors.

"We, M/s Dharmraj & Co., Chartered Accountants, have been appointed as statutory auditors of ABC Limited (ABC) under Section 139 of the Companies Act, 2013 (CA 2013) by the members in the Annual General Meeting held on __."

*M/s Dharmraj & Co

(The Name Says It All: Dharmraj Knows Everything - the Past, Present, and Future - Not Just What Happened, But What Was Planned and Never Did.)

Importantly, it is not an official policy, standard, or recommendation from NFRA's Executive Body or the Government. Instead, it functions as a guiding toolkit for educational and training purposes, aimed at raising awareness of auditing and accounting standards while bolstering overall audit quality.

The content is hypothetical, focusing on the audit of ABC Limited (a fictional automobile company) for its standalone financial statements (SFS) and consolidated financial statements (CFS) for the year ended 31 March 20XY. It emphasizes a risk-based audit approach aligned with Standards on Auditing (SAs) and other applicable standards.

The memorandum outlines a detailed audit strategy and planning framework, tailored to ABC Limited's business, financials, and risks. Key highlights include:

1. Business and Industry Overview

2. Financial Performance Insights

3. Internal Controls and IT Environment

4. Key Accounting and Auditing Focus Areas

5. Group Audit Dynamics

6. Materiality Benchmarks

The document also offers practical guidance for effective auditing:

1. Planning and Strategy: Hold team/client meetings for alignment; maintain skepticism and ethics; update plans dynamically (SA 300).

2. Risk and Testing: Detailed SA 315 assessments on assertions; SA 330 programs with control/substantive tests (e.g., statistical sampling).

3. Specialist Engagement: Use actuaries (benefits), valuers (intangibles/acquisitions), tax experts (Pillar 2/transfer pricing) etc.

4. Group Execution: Confirm auditor independence; issue risk-focused instructions; conduct visits and reviews for Ind AS/SA compliance, allocate materiality by risk/size.

5. Materiality and Reporting: Monitor thresholds ongoing; communicate findings to governance (SA 260/265); cover CARO, fraud (Section 143(12), ICFR, and SEBI requirements.

This educational memorandum illustrates robust audit planning for a complex auto entity like ABC Limited, stressing risk integration across financials, operations, and regulations. It promotes quality through specialist input, dynamic updates, and standards compliance, ultimately boosting transparency and confidence. As a training tool, it encourages auditors to customize its risk-based framework for real audits. Thanks.

Document Link : 

  https://cdnbbsr.s3waas.gov.in/s3e2ad76f2326fbc6b56a45a56c59fafdb/uploads/2025/11/202511031770937445.pdf

Source : https://nfra.gov.in/nfra-audit-strategy-memorandum-sample-document-03-11-25/