TechnoBiz News Feed

Summer is nearing, and workplaces everywhere are awaiting the arrival of this year's interns to help out on extra projects and shoulder the seasonal load. But among certain companies, they're likely doing more than getting coffee and making copies. Or at least, they're being paid that way. According to a new  report  by the jobs site Glassdoor, the 25 best-paying companies for internships each pay their median summer worker more than $4,500 a month. That amount, if it was paid over the course of a full year, would be north of $54,000, exceeding the median annual pay for a U.S. worker, according to Glassdoor's own  local pay reports  ($51,350), and the annual figure calculated from the Bureau of Labor Statistics' latest weekly earnings  data  for full-time wage and salary workers ($44,460). Topping the list was Facebook, where the median pay for interns is $8,000 a month, according to the reports from the ne...

Mandatory Quoting of Aadhaar For PAN Applications & Filing Return of Income Section 139AA of the Income-tax Act, 1961 as introduced by the Finance Act, 2017 provides for mandatory quoting of Aadhaar / Enrolment ID of Aadhaar application form, for filing of return of income and for making an application for allotment of Permanent Account Number with effect from 1st July, 2017. As per press release of Income Tax Department on 5th April 2017, it is clarified that such mandatory quoting of Aadhaar or Enrolment ID shall apply only to a person who is eligible to obtain Aadhaar number. As per the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016, only a resident individual is entitled to obtain Aadhaar. Resident as per the said Act means an individual who has resided in India for a period or periods amounting in all to one hundred and eighty-two days or more in the twelve months immediately preceding the date of application for enrolment...