News That Matters

Tag: reports

CBDT extends deadline for filing ITRs with audit reports to Oct 31, 2018

CBDT extends deadline for filing ITRs with audit reports to Oct 31, 2018

Finance
NEW DELHI: The government today extended by a fortnight till October 31 the deadline for filing Income Tax return (ITR) and audit report for financial year 2017-18. This is the second extension within a fortnight of the Central Board of Direct Taxes (CBDT), earlier extending the deadline for tax payers whose accounts have to be audited from September 30 to October 15. Tax audit is a review of accounts of taxpayers with business or profession from an income tax point of view such as incomes, deduction, compliance with tax laws, etc. Taxpayers with turnover exceeding Rs 1 crore in business (not opted for presumptive taxation scheme) or whose gross professional income is over Rs 50 lakh need to get a tax audit done. Tax audit report needs to be filed on or before the 30 September of the subse...
Wells Fargo said to be investigating reports of gender bias in its wealth division

Wells Fargo said to be investigating reports of gender bias in its wealth division

Finance
Wells Fargo has been investigating internal complaints of gender bias in its wealth management division for months and is looking into at least one formal human resources complaint about the division's head, a man, according to a report in The Wall Street Journal on Friday. Female executives at Wells Fargo have raised concerns about gender bias in the bank's wealth management division, the Journal reported. A dozen women who are executives in the division met in Scottsdale, Arizona, in June to discuss the concerns, particularly the lack of women in senior roles. The Journal talked to six women who are Wells Fargo executives who either attended ...
Chelsea transfer news: AC Milan agree deal to sign Tiemoue Bakayoko on loan – reports

Chelsea transfer news: AC Milan agree deal to sign Tiemoue Bakayoko on loan – reports

Sports
done deal The Blues midfielder is set to have a medical with the Italian club on Monday morning AC Milan have agreed to sign Tiemoue Bakayoko on a season-long loan from Chelsea, according to reports. It is understood the deal will include an option to buy for £35.56m. Bakayoko failed to impress in pre-season Sky in Italy are reporting that the 23-year-old France international will have a medical with the Italian club on Monday morning. Bakayoko joined the Blues from Monaco last summer for £40m but failed to adapt to the Premier League in his debut season. Reports suggest he is disappointed to have been omitted from new boss Maurizio Sarri’s plans. The west London club have acquired Jorginho and Mateo Kovacic this summer, mak...
NFL reports preseason concussions rose 73 percent in 2017

NFL reports preseason concussions rose 73 percent in 2017

Sports
The National Football League reported that there was a 73 percent increase in preseason concussions last year, with most of them coming during 11-on-11 drills in practices ahead of games. Jeff Miller, NFL executive vice president of health and safety initiatives, said the league is sharing information about each team's concussions last year in an effort to reduce the number of concussions. "It's not a matter of having five or six recidivistic clubs that we have to discipline into line," said Dr. Allen Sills, the NFL's chief medical officer said, via ESPN.com. "This is a league-wide issue where everyone has to understand it's on all of us to work on. It might sound trite to say, but any concussion we save is important to us. We want to put the awareness out there ... and make sure we'r...
Norwich City youngster James Maddison on the brink of completing move to Southampton – reports

Norwich City youngster James Maddison on the brink of completing move to Southampton – reports

Sports
Norwich’s valuation of Maddison has reportedly been met by Saints A number of clubs from England’s top tier have had Maddison on their radar after his outstanding 2017/18 season. However, it seems the south coast is his next destination as sources close to the Carrow Road club say Southampton boss Mark Hughes has been given permission to talk to the youngster after meeting the Championship club’s valuation for their star midfielder tonight. Maddison’s stock rose dramatically when it was revealed that he had created 54 chances for Norwich – more than any other player in the Premier League, Bundesliga, LaLiga, Serie A and Ligue 1. And after reportedly 48 hours of tough negotiations it appears Saints have got a deal for the England Under-2...