In the last two years, over 600 prosecutions were initiated here, with nearly 200 deductors admitting to their offence and paying hefty compounding fees, the Commissioner of Income Tax (TDS), Panaji, Bhavna Yashroy, said on Friday. Speaking at a seminar on public awareness on issues related to TDS (Tax Deducted at Source) at Socorro, near Panaji, Ms. Yashroy said that the department has launched prosecutions against errant deductors. The seminar was aimed at tax-payer capacity-building with respect to the use of the TDS portal called TRACES.At the same time, Ms. Yashroy said that a majority of the deductors in Karnataka and Goa have shown increased compliance with TDS provisions and more e-TDS returns are filed in time.“However, some deductors continue to be non-compliant, which causes a loss to the exchequer, and results in deductees not getting credit for taxes deducted in their income tax returns,” she said.The department has also conducted a series of surveys which have resulted in major TDS defaults being detected across sectors such as banking, hospitality, civil contractors, sugar factories and transporters, she said.“Last month itself, over 50 surveys have been conducted in the region. The department is continuously identifying and taking stringent action against deductors who are not depositing TDS. Even in the case of deductors who show substantial decline in TDS or late deposit, inquiries have been initiated,” said the Commissioner.TDS contributes nearly 45% to the total direct tax collections and is an important revenue source in nation building, said Ms. Yashroy.
Pagasa: Storm intensifies as it nears PAR From the 2018-19 season, though, the major European leagues will gain more guaranteed Champions League group stage places. England, Spain, Italy and Germany will receive four spots each.But Ceferin said UEFA is working to ensure cash from the competition is distributed more equitably across Europe.“We will discuss about distribution,” said the Slovenian, who succeeded Michel Platini as head of European soccer last year. “It’s a goal to do it, because if we don’t do it then we cannot develop football in every single country in Europe, and that’s our task. So we are working on it every single day. It’s one of the priorities.”AwardsUEFA is going to start honoring the top retired players who have played in Europe in a hall of fame.“We will spend the next few months creating all the criteria and we’re sure that many players who played in Europe and finished their fantastic careers deserve a place in the hall of fame,” Ceferin said.Ceferin also announced that the UEFA president’s award this year is going to Francesco Totti to recognize his 25-season career with Roma.“He leaves a unique legacy and it is one that should be cherished,” Ceferin said.Video TechnologyUEFA has no plans to introduce video replays in the Champions League next season. The governing body is awaiting the outcome of FIFA’s trials with the technology, including at the Confederations Cup in Russia later this month. Don’t miss out on the latest news and information. Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games Sports Related Videospowered by AdSparcRead Next BREAKING: Cop killed, 11 hurt in Misamis Oriental grenade blast Palace: Duterte to hear out security execs on alleged China control of NGCP LATEST STORIES Lacson: SEA Games fund put in foundation like ‘Napoles case’ The 2030 tournament is unlikely to be awarded for at least five years, with FIFA’s decision on the 2026 edition expected to come next year, with confirmation of the United States-Canada-Mexico proposal.Ceferin was speaking after a meeting of UEFA’s executive committee in Cardiff where the Champions League is being played on Saturday between Juventus and Real Madrid. Here are some other talking points:Champions League GulfCeferin is concerned that the financial disparities in Europe see the same teams reaching the closing stages of the Champions League every season. Real Madrid was in the 2014 and 2016 finals, and emerged victorious on both occasions, while Juventus contested the 2015 final.“It’s not easy to qualify for small clubs, but it is still possible,” Ceferin said. “We all know the gap is wider and wider and we are working on it with Financial Fair Play. But it’s far from a closed league, far from only an elite competition.”ADVERTISEMENT BREAKING: Cop killed, 11 hurt in Misamis Oriental grenade blast UEFA President Aleksander Ceferin speaks during the press conference at a hotel in Cardiff, Wales Thursday June 1, 2017. The Welsh capital will host the women’s and men’s Champions League finals in the next 3 days. APCARDIFF, Wales — Europe is challenging China’s pursuit of the 2030 World Cup, with UEFA announcing Thursday (Friday Manila time) that it deserves to host the tournament.The 2018 tournament is being staged in Russia, but the next two editions are away from Europe as Qatar is the 2022 host and North America is likely to be awarded the 2026 event.ADVERTISEMENT MOST READ Every 18 seconds someone is diagnosed with HIV BSP survey: PH banks see bright horizon amid dark global recession clouds Breaking rackets along the way, Kyrgios exits French Open View comments Cayetano dares Lacson, Drilon to take lie-detector test: Wala akong kinita sa SEA Games “It is Europe’s turn in 2030, clearly,” UEFA President Aleksander Ceferin said Thursday. “So we will fight for a European host.”UEFA’s aspirations will face a serious challenge from China, where President Xi Jinping has made it a priority to increase the country’s influence in global soccer. Three of the World Cup sponsors to sign up in the last two years are from China, with smartphone and software maker Vivo the latest on Wednesday.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSMalditas save PH from shutoutChina is eager to mount a bid to host the World Cup for the first time despite current rules effectively blocking another Asian bid before the 2034 edition.A more sentimental bid is likely to come from South America. Uruguay, which staged the first World Cup in 1930, is keen on celebrating the centenary of the soccer showpiece by co-hosting with Argentina.
New Delhi: A Sukhoi fighter jet of Indian Air Force crashed near Tezpur in Assam on Thursday evening, official sources said. Both pilots of the aircraft ejected safely and have been rescued, they said. The Su-30 aircraft was on a routine training mission from Tezpur and crashed in the local flying area, the sources said. A Court of Inquiry has been ordered to ascertain the cause of the accident, they said.