TDS implication of a foreign national

Dear All,

I would like to know the TDS implication of a foreign national who doesn’t have PAN under the following categories.

1.       A foreign national who have joined an organization under PROFESSIONAL FEE, what will be the TDS impact?

2.       If he/she joined an organization under SALARY (Regular Staff), what will be the TDS impact?

With regards

Alex

 

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QUESTION FROM A MOTORIST REGARDING PEDESTRIANS: Satyendra Garg, Joint CP Traffic

byDelhi Traffic Police on Saturday, November 5, 2011 at 7:08am on Facebook Traffic Police,

 

This question comes to my head EVERYDAY when I drive to wrk n cross Nehru Place area. Thr is a subway n a foot-over bridge on tht stretch, yet al pedestrians prefer to climb ovr the divider railing n suddenly jump in front of cars and buses. So here r the Qs which all citizens of Delhi deserve an answer fr–

  1. Are there any rules or guidelines to prevent pedestrians frm doing so while there r subways n pedestrian bridges available? 

  2. Wud the car/bus driver b booked wid same charges as nrmal if the pedestrian jumps in front n gets hit? 

  3. Who shud b held responsible of traffic jams caused by such menace?

  4. Shud a hand signal by a pedestrian b taken as their right to walk all ovr the road expecting evry vehicle to stop?

  5.  crossing, respecting the rights of pedestrians. If violated, DTP has rules to issue challans. Shouldn’t there be such rules fr pedestrians too fr violating driving space?

These questions were raised on Delhi Traffic Police Facebook page and as these questions concern everybody I thought I can respond in detail. It is a fact the city of Delhi has quite a number of Foot overbridges and subways and still a large number of pedestrians cross road at grade level, at times jumping the railings and always endangering their own lives. We conducted a survey of all FOBs and subways in the city and found many of FOBs and subways have serious problems. Most of FOBs do not have escalators making these difficult to use by aged and women. Many FOBs are not where these should be in the process making people cross roads at grade level. Conditions of many underpasses are not very good and because of bad lighting etc security of women remain an issue apart from issues like location of underpasses and related issues. 

In effect what is happening is people in general are crossing roads whererever they find convenient and many a times getting knocked down by vehciles also. This phenomena raises certain issues: We do not have sufficient crossings for people on most of the roads, wheverer facilities are there, there are limitiations of placements, issues of escalators, safety, bad conduct of pedestrians themselves in not using these wherever these eixst etc Also there is great deficiency in road safety awareness in people. As a consequence maximum casualties on roads are of pedestrians. 

Now the questions: Yes, pedestrians should use FOBs and subways wherever these are available. Regarding responsibility in case of accident, till now responsibility remains of the motorists even when pedestrian is using grade crossing despite facilites but this can be taken up during trials. Reasons why this is not a viable proposition is because at most of the places pedestrians facilites are not there. As on date motorist is booked even if pedestrian jumps in front of him, though defence can be taken in trial stage, as told earlier. Normally a hand signal should not be considered valid when pedestrians facility exist but as on date if accident happens motorist will be booked for the offence.

As on date in Motor vehicle act there is no provision for prosecuting pedestrians for crossing roads at non-specified locations for the simple reason that MV Act deals with offences by vehicles. There is a provision to book pedestrians for jaywalking but fine is so insufficient that prosecution becomes meaningless and process is cumbersome.

I think the note will not satisfy the conscientious motorist about ground reality but we should also keep in mind the penalty in terms of injury or death is of pedestrian if he commits mistake. Yes harassment is to motorists also but we are also aware that many motorist do not keep others safety in mind, leave alone pedestrians.

By Satyendra Garg, Joint CP Traffic 

 

Posted in Pedestrian safety | Comments Off on QUESTION FROM A MOTORIST REGARDING PEDESTRIANS: Satyendra Garg, Joint CP Traffic

Opportunities for NGOs

The finance ministry is pulling out all stops to further financial inclusion. The ministry has asked banks to tie up with NGOs as business correspondents in a pilot project to lend to self help groups (SHG). As a result lending rate for SHGs may go up, reports CNBC-TV18’s Gopika Gopakumar.

The finance ministry is looking at newer ways for financial inclusions. The ministry has proposed a pilot project where by banks will tie up with NGOs to offer help to SHGs. As business correspondents, NGOs will be responsible for borrowers’ accounts and maintaining recovery of loans. In return NGOs will get a margin of 6-7% for offering their services.

Banks, therefore will have to offer loans to SHGs at a higher interest of 18% as against the current 14%.  Separately, banks have been asked to convert some of their term loans into cash-credit facility for SHGs. The cash-credit facility will act as a running account for an entire group and individual borrowers can avail their loans when required.

However, bankers are worried that this may hit the repayment culture among the SHGs because under the cash-credit facility, borrowers need not pay the entire loan amount but only service the interest on a monthly basis.

(AVAILABLE FROM CNBC TV-18)

________________________________
Socio Research & Reform Foundation
(A Non Government Organisation)
512 A, Deepshikha, 8 Rajendra Place, New Delhi – 110008
Tele/Fax: +91-11-25821088, 25817157, 25722044
e-mail: socio-research@sma.net.in

Posted in MFIs | Comments Off on Opportunities for NGOs

ACCOUNTING FOR GRANTS

Dear friends,

May I raise a related but different question for expert advice?

Grants need not be shown in the Balance Sheet excepting in Income and Expenditure Statement.

That way one can legally circumvent the tax and or ceiling limitations on unspent balances

At the financial year end. The MOU between the funding agency and the recipient clearly states that the grant is for a specific work(s).

Is such treatment correct or does it invite special treatment by MHA!

Uday Chaturvedi

Posted in FCRA, TAX, LEGAL | Comments Off on ACCOUNTING FOR GRANTS

Query: Is it ok, if we deposit the loan amount received from the field staff in the FCRA bank account

Hello Every one,

I have a question, regarding the amount to be deposited in the FCRA bank account.

When we give advance or Loan to the field staffs from FCRA bank account and when they repay this amount, we need to deposit this amount in the FCRA bank account.

Kindly confirm if this practice is fine.

Thanking you,

With warm regards,

Ravistan Anthony
Finance Manager – UnLtd India

Posted in FCRA, TAX, LEGAL | Comments Off on Query: Is it ok, if we deposit the loan amount received from the field staff in the FCRA bank account

Query: Funds transfer from FCRA accounts.

We are sec 25 and 12 A registered and have FCRA certificate. We have been given a grant to manage the Project in partnership with the donor. There would be 10 NGO’s from sector and 20 employees of the donor. Project objective is to provide the 10 NGOs with passionate and skilled workers ( 20 employees) offering a new skill set and a fresh perspective on their resources. Provide NGOs with necessary experience to deliver an identified project. And provide those 20 employees with the opportunity to utilize their interests and skill sets to make a difference and enable the employees to engage with the voluntary sector through direct participation making a positive contribution.

For this we have received money in our FCRA account towards provision of accommodation and food for their 20 employees and towards the costs and expenses for us in relation to the responsibilities for the related work. This includes the specific costs and expenses that are necessary for the successful execution of the Project: like transport, training cost, photography etc.

Now my query is…

Should we account the total money received as grant or advance against reimbursements…

How to pay money to those NGO who do not have FCRA

How to pay money to those NGO who do not have 501C3

How to pay money to those 20 employees

Should it be paid through local account and what support should be asked for

Will TDS come into picture.

Thanks

NILESH

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New Child Adoption Guidelines

Govt of India has brought out new guidelines for adoption under Juvenile Justice (Care & Protection) Act 2000. The guidelines have centralised the adoption process through Central Adoption Resource Authority (CARA). The new guidelines have been prepared to address three main areas, safety of child through stringent post adoption stipulations, an expeditious adoption process and curbing of adoption rackets that have flourished in the past two decades. However only practical application of the law in times to come will tell how effective these guidelines are.

 

For details of the guidelines, please go to http://adoptionindia.nic.in/guideline-family/new_guideline.html

________________________________       
Socio Research & Reform Foundation
(A Non Government Organisation)
512 A, Deepshikha, 8 Rajendra Place, New Delhi – 110008
Tele/Fax: +91-11-25821088, 25817157, 25722044
e-mail: socio-research@sma.net.in

Posted in Child Rights | 1 Comment

TDS Query

Dear all

My office has given one contract agreement to an architecture for doing some renovation work costing around Rs 6 lakh.

So whether this should be a contract agreement or consultancy agreement as Architecture are treated as professionals. what will be TDS impact 2% or 10%.

Please help

Regards
Dibya

Accountant
Oxfam India

Posted in FCRA, TAX, LEGAL | 10 Comments

Only 15% earn regular wages

As per a NSSO survey for the year 2009-10, only around 16% of country’s work-force is engaged in regular wage employment, 33% in casual labour and in fact more than ½ the population (51%) is still self-employed.

                                                            National         Rural              Urban

Self Employment                                 51.0%           54.2%             41.1%
Casual labour                                        33.5%           38.6%             17.5%
Regular Wage                                       15.6%             7.3%             41.4%
Av. Daily Wage                                                          Rs 232           Rs 365
Av Daily Wage (Men)                                               Rs 249           Rs 377
Av Daily Wage (Women)                                          Rs 156           Rs 309

As expected difference between men’s & women’s wages is still substantial, more so in the rural areas.

________________________________       
Socio Research & Reform Foundation
(A Non Government Organisation)
512 A, Deepshikha, 8 Rajendra Place, New Delhi – 110008
Tele/Fax: +91-11-25821088, 25817157, 25722044
e-mail: socio-research@sma.net.in

Posted in General | Comments Off on Only 15% earn regular wages

UNFPA for strengthening TBA

UNFPA has recognized that Midwifery plays a critical role in improving maternal and newborn survival health. The report indicates that India has 324,624 mid-wives, considering there are around almost 27 million births per year, it works out that there are around 83 births per mid-wife. Thus there is a need to improve the capacities in this area.

Considering presently NRHM focuses on institutional delivery rather than skill building of the TBAs (Traditional mid-wives), the concerned authorities need to ask them can they really provide institutional delivery to the entire population and if they should not work on a number of strategies including building capacities of TBAs. Incidents have come in press, where patients have to run from one PHC to another in search of proper facilities.

____________________________________
Socio Research & Reform Foundation
(A Non Government Organisation)
512 A, Deepshikha, 8 Rajendra Place, New Delhi – 110008            
Tele/Fax: +91-11-25821088, 25817157, 25722044
E-mail: socio-research@sma.net.in
Website: www.srr-foundation.org

Posted in Health | 1 Comment