Latest news with #Form-16


Mint
3 days ago
- Business
- Mint
Income Tax: Why is trusting AIS blindly not a great idea? This is what taxpayers can do
The income tax return (ITR) filing deadline on September 15 is drawing closer. Taxpayers are supposed to access necessary information through a multitude of documents, including Form-16, 26AS and Annual Information Statement (AIS). While 26AS includes information related to TDS (tax deducted at source) and TCS (tax collected at source), all other details pertaining to the taxpayer are reflected in the Annual Information Statement. However, taxpayers are recommended to examine the information given on AIS carefully and cross-verify it with other related documents. Annual Information Statement provides complete information about a taxpayer for a particular financial year. It entails information about taxpayers' incomes, financial transactions, and tax details, among others. AIS can be accessed by logging into income tax e-filing account or through the mobile app 'AIS for Taxpayer'. There could be occasions where the information recorded in AIS is different from the actual figure. The Income Tax portal ( states that in case the information given in AIS is wrong, duplicated, or pertains to someone else, taxpayers can share their feedback on it. Pratibha Goyal, a Delhi-based chartered accountant, highlights a few cases that she encountered while filing returns for her clients. There was a case, she told Livemint, wherein a mother-son duo sold a joint property for less than ₹ 50 lakh. 'The buyer in that case had reported the transaction as a sale from the son only. So, TDS in the mother's AIS was not shown. As a result, this had to be taken note of while filing the income tax return,' she said. In another case, Goyal mentions, a sale of securities was written twice. One of the most feasible ways to rectify the mistake is to cross-verify information with that on a related document. Goyal recommends that taxpayers reconcile the information with that on the related document. For instance, if it is related to interest received from a bank, then instead of relying on the AIS alone, the taxpayer can cross-check the information against the certificate issued by the bank. A taxpayer can access details related to AIS and submit their response (if needed) by logging into their income-tax e-filing account, according to the information available on the I-T portal. For all personal finance updates, visit here


Time of India
7 days ago
- Business
- Time of India
UP minister launches HRMS portal for investors' support, Hr News, ETHRWorld
Advt Advt Join the community of 2M+ industry professionals. Subscribe to Newsletter to get latest insights & analysis in your inbox. All about ETHRWorld industry right on your smartphone! Download the ETHRWorld App and get the Realtime updates and Save your favourite articles. Lucknow, To enhance investor facilitation and internal efficiency, Uttar Pradesh Industrial Development Minister Nand Gopal Gupta 'Nandi' on Monday launched the Human Resource Management System (HRMS) portal for Udyami Mitras at the Invest UP office launch took place during a high-level review meeting on industrial development, export promotion and investment facilitation, an official statement cloud-based HRMS portal , seamlessly integrated with the state's ' Nivesh Sarathi ' platform, is designed to digitise and streamline key administrative functions for Udyami Mitras, including attendance, leave, payroll, Form-16 generation and other HR provides real-time access to employee records, promotes transparency and reinforces administrative oversight across district and state levels. By transitioning from manual to system-based workflows, the portal enables end-to-end automation of HR processes, the statement minister emphasised that this portal marks another milestone in strengthening the institutional framework for investor support in UP."Udyami Mitras plays a critical role in translating the state's investor-friendly policies into on-ground impact. With the launch of this HRMS system, we are further empowering them with digital tools to function more effectively," he the Mukhyamantri Udyami Mitra Yojana launched in 2023, over 110 trained Udyami Mitras have been deployed across districts and industrial act as direct facilitators between investors and government, supporting tasks such as land identification, MoU tracking, investment proposal verification, industrial interactions and resolution of bottlenecks through platforms like Nivesh Mitra and Nivesh HRMS portal is a forward-looking system that enhances operational efficiency, accountability and ease of doing business, the minister said."It will strengthen back-end governance and enable faster, more structured investor support," he the review meeting, the minister also assessed the status of departmental coordination and directed swift resolution of pending issues. Discussions included plans and sector-focused initiatives being prepared for the upcoming ground-breaking ceremony.


Time of India
21-07-2025
- Business
- Time of India
Govt launches portal for ‘Udyami Mitras'
Lucknow: UP govt launched the Human Resource Management System (HRMS) portal for 'Udyami Mitras' on Monday. It will enhance investor facilitation and internal efficiency. The cloud-based HRMS portal has been integrated with the state's Nivesh Sarathi platform and designed to digitise and streamline key administrative functions for Udyami Mitras including attendance, leave, payroll, Form-16 generation, and other HR operations. It provides real-time access to employee records, promotes transparency, and reinforces administrative oversight across district and state levels. By transitioning from manual to system-based workflows, the portal enables end-to-end automation of HR processes. UP industrial development minister Nand Gopal Gupta 'Nandi', who launched the portal, said it will strengthen the institutional framework for investor support in UP. "Udyami Mitras play a critical role in translating UP's investor-friendly policies into on-ground impact. With the launch of this system, we are further empowering them with digital tools to function more effectively," he said. Under the Mukhyamantri Udyami Mitra Yojana launched in 2023, over 110 trained Udyami Mitras have been deployed across districts and industrial authorities. They act as facilitators between investors and govt, supporting tasks such as land identification, MoU tracking, investment proposal verification, industrial interactions, and resolution of bottlenecks through platforms like Nivesh Mitra, Nivesh Sarathi, and OIMS.


News18
21-07-2025
- Business
- News18
UP minister launches HRMS portal for investors support
Agency: PTI Lucknow, Jul 21 (PTI) To enhance investor facilitation and internal efficiency, Uttar Pradesh Industrial Development Minister Nand Gopal Gupta 'Nandi' on Monday launched the Human Resource Management System (HRMS) portal for Udyami Mitras at the Invest UP office here. The launch took place during a high-level review meeting on industrial development, export promotion and investment facilitation, an official statement said. The cloud-based HRMS portal, seamlessly integrated with the state's 'Nivesh Sarathi' platform, is designed to digitise and streamline key administrative functions for Udyami Mitras, including attendance, leave, payroll, Form-16 generation and other HR operations. It provides real-time access to employee records, promotes transparency and reinforces administrative oversight across district and state levels. By transitioning from manual to system-based workflows, the portal enables end-to-end automation of HR processes, the statement said. The minister emphasised that this portal marks another milestone in strengthening the institutional framework for investor support in UP. 'Udyami Mitras plays a critical role in translating the state's investor-friendly policies into on-ground impact. With the launch of this HRMS system, we are further empowering them with digital tools to function more effectively," he said. Under the Mukhyamantri Udyami Mitra Yojana launched in 2023, over 110 trained Udyami Mitras have been deployed across districts and industrial authorities. They act as direct facilitators between investors and government, supporting tasks such as land identification, MoU tracking, investment proposal verification, industrial interactions and resolution of bottlenecks through platforms like Nivesh Mitra and Nivesh Sarathi. The HRMS portal is a forward-looking system that enhances operational efficiency, accountability and ease of doing business, the minister said. 'It will strengthen back-end governance and enable faster, more structured investor support," he added. During the review meeting, the minister also assessed the status of departmental coordination and directed swift resolution of pending issues. Discussions included plans and sector-focused initiatives being prepared for the upcoming ground-breaking ceremony. PTI ABN ABN KSS KSS (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments First Published: July 21, 2025, 20:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.


The Hindu
22-05-2025
- Politics
- The Hindu
Karnataka High Court imposes additional rider to allow litigants to argue their cases in person without assistance of advocate
Pointing out that indisciplined and irrelevant pleadings are made by many litigants, who argue their cases in the court in person without a lawyer, the High Court of Karnataka has directed its statutory panel not to grant permission to such litigants, who are not able to plead and draft their pleadings properly in the petitions. A Division Bench, comprising Chief Justice N.V. Anjaria and Justice K.V. Aravind, issued the direction while dismissing a PIL petition filed in 2022 by 69-year-old Mohamed Ikbal of Bengaluru. The petitioner, who is an advocate, social worker, and also administrator of a masjid, had filed and argued in person his plea related to alleged encroachment of a Muslim burial ground situated at Rudrapatna of Arkalgud taluk in Hassan district. The Bench said that the petition contains wayward pleadings made by the 'party-in-person' [a person, who intends to plead, appear and argue his or her own case before the High Court, not through an advocate] while pointing out that the pleadings contain long statements and facts, which are extra in nature not properly related to the controversy, and moreover, the pleadings were made cumbersome to cull out the crux of the issue. 'This phenomenon of indisciplined, irrelevant, unnecessary, and long unrelated pleadings which are even otherwise, hardly up to the mark are seen in common whenever party-in-person appears either as petitioner or respondent and conducts the matter,' the Bench noted. Therefore, the Bench said, it is desirable that while assessing the competency to appear as party-in-person by the committee set up under the High Court of Karnataka (Conduct of Proceedings by Party-In-Person) Rules, 2018 and before issuing Form-16 certifying party-in-person to be competent to appear before the court, their capacity to plead and draft the case properly as per the law of pleadings, should also be applied as one of the criteria. 'The party-in-persons, who are not able to plead properly in their petition and draft their pleadings should not be granted the certificate to argue in the court in-person,' the Bench ordered. The assessing of the capacity to plead and draft the case properly would be a criteria in addition to other conditions, whether a party-in-person would be able to give necessary assistance to the court for disposal of the matter, which is already laid down in the 2018 Rules. However, the Rules exempt the need for securing certificate from the committee in cases of applications for bail, temporary/transit bail, parole, furlough and habeas corpus petitions. Apart from this exemption, the Benches have the discretion to allow a party to any proceedings to appear in-person sans obtaining certificate as per the Rules.