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 I-T survey on BBC: CBDT says, income, profits not commensurate with operations in India

According to the statement, several discrepancies and inconsistencies with regard to transfer pricing documentation were found during the survey.

The income and profits shown by various BBC group entities are not commensurate with the scale of their operations in India, according to an official statement on Friday, a day after the Income Tax authorities ended a three-day-long survey against the British media organisation.
The Central Board of Direct Taxes (CBDT) issued a statement without naming the media organisation and said that I-T teams unearthed crucial evidences by way of statement of employees, digital proof and documents.
Officials said the statement pertains to the British Broadcasting Corporation (BBC).
According to the statement, several discrepancies and inconsistencies with regard to transfer pricing documentation were found during the survey.
The survey was launched on February 14 at BBC offices in Delhi and Mumbai and it ended after about 60 hours on Thursday night.&nbsp;

A major disruption to the computer systems of German airline Lufthansa caused delays and cancellations at its main hub in Frankfurt and beyond on 15 February.

 IT outage disrupt Lufthansa flights at Frankfurt airport, several flights grounded worldwide

A major disruption to the computer systems of German airline Lufthansa caused delays and cancellations at its main hub in Frankfurt and beyond on 15 February.

Lufthansa has offered ticket refunds and urged its domestic customers in Germany to take the train as flight operations were halted due to an IT system failure, the German carrier said in a statement on Twitter.
Flights were grounded worldwide on 15 February due to an IT outage caused due to the construction work going on in Frankfurt.
While Lufthansa has not revealed when the flights will operate as per their normal schedule, they have said that the team is working towards a solution, according to the official statement.&nbsp;
Also Watch: <a href="https://www.editorji.com/world-news/britain-s-camilla-to-be-crowned-queen-consort-without-kohinoor-diamond-1676463774938">Britain's Camilla to be crowned Queen Consort without Kohinoor diamond</a>

After IT firms Wipro and Infosys reportedly fire 400 and 600 freshers respectively, a new report shows that Indian IT companies may lay off about 2,500 recent recruits

Indian IT firms may layoff 2500 freshers over this reason 

After IT firms Wipro and Infosys reportedly fire 400 and 600 freshers respectively, a new report shows that Indian IT companies may lay off about 2,500 recent recruits

After IT firms Wipro and Infosys reportedly fire 400 and 600 freshers respectively, a new report shows that Indian IT companies may lay off about 2,500 recent recruits for failing the internal assessment tests.&nbsp;
According to a report by Mint, the layoffs will be based on screening tests that generally take place within a year of a recruit's joining to assess whether they will match the client's needs.
Experts quoted in the report added that the layoffs might also be due to overhiring during the pandemic.
Report further said the screening tests may also get more stringent as the firms are pressured to honour campus offers but are already overstaffed.&nbsp;

Billionaire tycoon Gautam Adani is at seventh in the list with a donation of Rs 190 crore.

This IT tycoon bags the title of 'India's Most Generous'

Billionaire tycoon Gautam Adani Gautam Adani is at seventh in the list with a donation of Rs 190 crore.

This IT tycoon bagged the title of 'India's Most Generous'

77-year-old IT tycoon Shiv Nadar claimed the top spot in 2022

With an yearly donation of Rs 1,161 crore software giant HCL's founder, Shiv Nadar bagged the title of 'India's Most Generous' for the year 2022
As per the EdelGive Hurun India Philanthropy List 2022, Nadar roughly donated Rs 3 crore per day.&nbsp;
77-year-old IT tycoon Nadar claimed the top spot in 2022 followed by Wipro&rsquo;s Azim Premji at the second place with an annual donation of Rs 484 crore. 3rd and 4th spots in the EdelGive Hurun India Philanthropy List were occupied by Reliance Industries chairman Mukesh Ambani and Aditya Birla Group's Kumar Mangalam Birla.
Asia's richest man Gautam Adani is at seventh in the list with a donation of Rs 190 crore.
Among the women, Rohini Nilekani emerged as the most generous woman philanthropist with a donation of ₹120 crore. &nbsp;
According to the list, a total of 15 individuals made an annual donation of over Rs 100 crore, 20 donated over Rs 50 crore and 43 over Rs 20 crore in India this year

The job&nbsp;deadline of your dream company&nbsp;has extended!&nbsp;The IT behemoth, TCS&nbsp;has announced&nbsp;the last date for the &lsquo;MBA Hiring&rsquo; program&rsquo; has been extended till 30 November from 9 November as announced earlier.
Under the &lsquo;MBA Hiring&rsquo; program&rsquo; TCS is going to hire freshers who have just completed their MBA and can join the workforce from the financial year 2022-23.
Candidates with 2 years full-time MBA&nbsp;degrees can apply at&nbsp;Tata Consultancy Services (TCS) from the year of passing 2020, 2021 and 2022 while the minimum age for applying for the TCS &lsquo;MBA Hiring&rsquo; program is 18 years while the maximum age is 28 years.
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TCS extends last date to apply for freshers

TCS extends last date for applying in its MBA hiring program for freshers. Details here


TCS MBA Hiring: Students of 2020, 2021 and 2022 passing out batch are eligible to apply for the MBA Hiring program

The job&nbsp;deadline of your dream company&nbsp;has extended!&nbsp;The IT behemoth, TCS&nbsp;has announced&nbsp;the last date for the &lsquo;MBA Hiring&rsquo; program&rsquo; has been extended till 30 November from 9 November as announced earlier.
Under the &lsquo;MBA Hiring&rsquo; program&rsquo; TCS is going to hire freshers who have just completed their MBA and can join the workforce from the financial year 2022-23.
Candidates with 2 years full-time MBA&nbsp;degrees can apply at&nbsp;Tata Consultancy Services (TCS) from the year of passing 2020, 2021 and 2022 while the minimum age for applying for the TCS &lsquo;MBA Hiring&rsquo; program is 18 years while the maximum age is 28 years.
&nbsp;

The Delhi High Court on Monday issued a notice to social media giant Twitter on a petition filed against it for alleged non-compliance of the new I-T rules.
The petition has been filed by advocate Amit Acharya, who alleged that he was unable to find details of a resident grievance officer on Twitter's website which is in violation of the new I-T Rules that came into effect on May 25. The petitioner also argued that Twitter has appointed a US resident as the Grievance Officer but the same which is not in tune with the new rules.
The court said Twitter has to comply with the new Information Technology Rules for digital media if they have not stayed.
Meanwhile, representatives of Twitter told the High Court that it has complied with new rules and has already appointed a resident grievance officer on May 28

Delhi HC notice to Twitter over 'non-compliance' of new I-T rules

Delhi High Court issues notice to Twitter
Notice for alleged non-compliance of I-T rules
Petition: no details of a resident grievance officer on website
Petition: Twitter appointed US resident as Grievance Officer
Court asks Twitter to comply with new digital media rules
&nbsp;
&nbsp;

The Delhi High Court on Monday issued a notice to social media giant Twitter on a petition filed against it for alleged non-compliance of the new I-T rules.
The petition has been filed by advocate Amit Acharya, who alleged that he was unable to find details of a resident grievance officer on Twitter's website which is in violation of the new I-T Rules that came into effect on May 25. The petitioner also argued that Twitter has appointed a US resident as the Grievance Officer but the same which is not in tune with the new rules.
The court said Twitter has to comply with the new Information Technology Rules for digital media if they have not stayed.
Meanwhile, representatives of Twitter told the High Court that it has complied with new rules and has already appointed a resident grievance officer on May 28

PUBG among 118 additional Chinese apps banned by govt

India has banned 118 additional Chinese apps, including PUBG Mobile, after fresh tensions in Ladakh

Ladakh tensions: govt again acts against Chinese apps 118 more Chinese apps, including PUBG Mobile banned Apps a threat to security of India, public order: Govt Govt: apps stole data, dumped in servers outside India Govt had also banned Chinese apps after Galwan clash

Popular battle royale game PUBG Mobile is among 118 additional Chinese apps banned by the government in India after fresh tensions in Ladakh. The IT Ministry said that the apps have been banned under Section 69A of the IT Act for &ldquo;engaging in activities which is [sic] prejudicial to sovereignty and integrity of India, defence of India, security of state and public order". The ministry said that it acted upon several complaints and reports about some apps &ldquo;stealing and surreptitiously transmitting users' data in an unauthorised manner to servers which have locations outside India.&rdquo;

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