APCO registers record sales
Weavers’ corporative generates a revenue of Rs.1.5 crore

Building collapse at Daba Gardens claims 2
18 injured; Rescue operations initiated; Minister promises support

Two software employees drowned in Vizag beach
Two local youth who went for rescue missing

Recruitment rally for the posts of group (x) technical trades
Indian Air Force recruitments

APCO Fabrics Designer Collection showroom inaugurated
APSCO registers turnover of Rs. 138 crore

Distribution of ration cards from December 1
Applications for fresh cards to be accepted up to end of this month

Employee strike hits official machinery
Most Government offices including Collectorate looked deserted

Nationwide strike on Tuesday
NGOs and Teachers squat at Collectorate and Mandal offices to highlight their demands

The Hindu - Eenadu Lifestyle Show at AU College Grounds
Show to feature wide range of products on display

Photo and Stamp Exhibitions and pledges mark Mahatma Birth Anniversary
City reminds itself of teachings of Mahatma Gandhi

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Visakhapatnam, July 18 2005

The two-day seminar conducted by Income Tax department on Tax Deduction at Source (TDS) and tax collection at source for the benefit of officers of the banks concluded on Friday.

Presiding over the seminar, the Commissioner of Income Tax, H.Srinivasulu, said that since banks had a major role in wealth generation and tax collection for the Government, they should comply with the provisions of IT Act.

He highlighted the changes made in respect of TDS and TCS in the Finance Acts of 2004-05 and 2005-2006 and reminded the banks that they had to file quarterly returns. The due date for submitting the statement for the first time is Friday but extended upto July 31. Managers and Asst.Managers of 170 bank branches attended the seminar. A brochure titled ‘TDS on Salaries – 2005-06’ was distributed to the participants.

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