BEIJING, June 1 (Xinhua) — A research team from China’s Shanghai Jiao Tong University has developed a six-legged guide robot for visually impaired people that is expected to address the country’s shortage of real guide dogs. “We believe our robot will function as a ‘pair of eyes’ for visually impaired people,” said Professor Gao Feng […]
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GST WEEKLY UPDATE :09/2024-25 (02.06.2024) GSTN Introduces Option to Choose Personal Hearing in GST DRC-01 Responses: The GSTN has enabled a new feature allowing taxpayers to select ‘Yes’ or ‘No’ for a personal hearing while replying to GST DRC-01 on the GST Portal. Previously, the portal automatically selected the ‘No’ option for a personal hearing […]
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The Income Tax Department, in a recent notification, has mandated that taxpayers link their Permanent Account Number (PAN) with their Aadhaar by May 31, 2024, after this date your PAN will become Inoperative and will be of no use as you cannot use if for any financial transaction, KYC, leads to higher tax deductions, cannot File […]
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1. Service of Notice: Section 169 1.1 The Notices must be served to you by 31-May-2024. 1.2 Notice could be served by sending email or upload on portal. ARR 1.3 Please check Notice tab and Additional Notice tab. 2. DIN 2.1 DIN is mandatory as per CBIC Circular No. 122 and 128 2.2 ARR: DIN is mandatory in few States also […]
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TDS on Salary under Section 192 of the Income Tax Act TDS on salary means that tax has been deducted by the employer at the time of depositing the salary into the employee’s account. The amount deducted from the employee’s account is deposited with the government by the employer. Before an employer deducts tax at source from […]
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You can visit these 15 well-liked and breathtaking foreign locations with a valid US visa. A valid US visa allows you to visit 15 well-known and breathtaking foreign locations Mexico offers a carefully tailored experience for every type of traveller, from the vibrant nightlife to the azure beaches and the indigenous architecture. Time frame: 180 days. Belize is a small island in Central America that offers the dreamy, tranquil vacation you’ve been longing for if you […]
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Misconception that cashless transactions are less traceable by the Income Tax Department has arisen due to the increasing prevalence of such transactions. Nevertheless, this belief is incorrect. This is because banks and other financial institutions must notify the Income Tax department of transactions surpassing a specified threshold. This encompasses card payments, UPI transactions, as well as cash […]
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India’s GDP outperformed expectations with a 7.8% increase in Q4FY24, leading to an annual growth rate of 8.2% for FY24, as reported by the National Statistical Office (NSO). This growth, which is higher than the previous fiscal year’s 7%, was fueled by strong performance in manufacturing and construction sectors, and a rise in mining activities, […]
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The pharmaceutical sector in India experienced an 8% growth in revenue during FY24, according to a recent IQVIA report. Sudarshan Jain from the Indian Pharmaceutical Alliance (IPA) predicts the chronic market will continue to grow in double digits over the next 3-5 years. However, the report indicates a 54% decline in new product launches in […]
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The Insurance Regulatory and Development Authority of India (IRDAI) has issued a directive requiring insurers to expedite the approval of cashless claims, setting a strict three-hour deadline. This regulation is part of IRDAI’s broader effort to improve the health insurance system in India, emphasizing customer satisfaction and transparency. The circular also encourages insurers to broaden […]
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