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Killexams : ACT Assessment get - BingNews Search results Killexams : ACT Assessment get - BingNews Killexams : Tomorrow is the last date to file your ITR: What happens if you miss it


oi-Vicky Nanjappa


New Delhi, July 30: The last date to file income tax return (ITR) for the financial year 2021-22 is tomorrow, July 31 2022. It is a good idea to file it before the last date. However if you miss filing it, then what happens.

If you miss the deadline of July 31, then you can still file it by December 31 2022. However you will have to pay a late fee and it could have some financial consequences.

The late fee for those whose annual income is up to Rs 5 lakh is Rs 1,000. If you annual income is above Rs 5,000 then the late fee is Rs 5,000.

The Central Board of Direct Taxes (CBDT) on Tuesday extended the due dates for Income Tax Return (ITR) filing for certain category of taxpayers for the financial year 2020-21 "on consideration of difficulties reported by taxpayers and stakeholders due to Covid and in electronic filing of various reports", said the Ministry of Finance in a statement.

No proposal to extend ITR filing due date: GovtNo proposal to extend ITR filing due date: Govt

The due date of furnishing of Report of Audit under any provision of the Act for the Previous Year 2020-21, which was 30th September, 2021, in the case of assessees referred in clause (a) of Explanation 2 to sub-section (1) of section 139 of the Act, as extended to 31st October, 2021 and 15th January, 2022 by Circular No.9/2021 dated 20.05.2021 and Circular No.17/2021 dated 09.09.2021 respectively, is further extended to 15th February, 2022, the statement added.

The due date of furnishing of Report of Audit under any provision of the Act for the Previous Year 2020-21, which was 31st October, 2021, in the case of assessees referred in clause (aa) of Explanation 2 to sub-section (1) of section 139 of the Act, is extended to 15th February, 2022;

The due date of furnishing of Report from an Accountant by persons entering into international transaction or specified domestic transaction under section 92E of the Act for the Previous Year 2020-21, which was 31st October 2021, as extended to 30th November, 2021 and 31st January, 2022 by Circular No.9/2021 dated 20.05.2021 and Circular No.17/2021 dated 09.09.2021 respectively, is further extended to 15th February, 2022;
The due date of furnishing of Return of Income for the Assessment Year 2021-22, which was 31st October, 2021 under sub-section (1) of section 139 of the Act, as extended to 30th November, 2021 and 15th February, 2022 by Circular No.9/2021 dated 20.05.2021 and Circular No.17/2021 dated 09.09.2021 respectively, is further extended to 15th March, 2022;

How to  get your ITR-V acknowledgement from the Department websiteHow to get your ITR-V acknowledgement from the Department website

The due date of furnishing of Return of Income for the Assessment Year 2021-22, which was 30th November, 2021 under sub-section (1) of section 139 of the Act, as extended to 31st December, 2021 and 28th February, 2022 by Circular No.9/2021 dated 20.05.2021 and Circular No.17/2021 dated 09.09.2021 respectively, is further extended to 15th March, 2022, the statement added.

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Story first published: Saturday, July 30, 2022, 10:05 [IST]

Fri, 29 Jul 2022 16:35:00 -0500 Oneindia Correspondent en text/html
Killexams : Three Pune students caned, threatened of low internal marks; three teachers booked No result found, try new keyword!Three teachers of a private school in the Nana Peth area of Pune were booked under the Juvenile Justice Act after they allegedly beat up three Class 10 students and threatened to provide low marks in ... Sat, 30 Jul 2022 19:01:56 -0500 en-in text/html Killexams : Evidence for ESSA validates Istation's practicing assessment

ISIP™ practicing meets Tier 2 ESSA evidence standards

DALLAS, Aug. 2, 2022 /PRNewswire/ -- Recently, Evidence for ESSA validated Istation's practicing assessment meeting Tier 2 ESSA evidence standards ( This designation supports a wide range of independent research studies that show Istation as a proven-to-work tool to Strengthen learning outcomes.  

Istation's New Logo. (PRNewsFoto/Istation)

Evidence for ESSA provides easy access to information on programs that meet the evidence requirements defined in the Every Student Succeeds Act (ESSA). Aligned with What Works Clearinghouse standards, Tier 2 ESSA standards indicate that Istation's practicing assessment shows moderate evidence of being an effective digital learning tool that helps students close significant practicing achievement gaps.

Istation's program efficacy was evaluated in a two-year quasi-experimental (matched) study involving 1,234 students in grades 2 through 4. The 617 students who used Istation came from six schools located in a district in the southeast United States. Istation users scored nearly a full point higher on the MAP® Reading™ assessment in comparison with demographically and academically similar students in a virtual control group who did not use Istation. These results show that Istation use was significantly associated with larger practicing achievement gains.

"Gaining Tier 2 ESSA evidence is a great milestone as we further build the efficacy of our practicing assessments," said Istation Vice President of Research and Assessment Dr. Victoria Locke. "Supporting educators with effective, research-backed digital tools is critical in empowering classrooms everywhere."

Powered by the science of reading, Istation's engaging assessments and instruction cover the National practicing Panel's "Big Five" foundational essentials. Istation's ISIP practicing assessment is a computer-adaptive testing system that provides actionable and insightful data that measures phonemic awareness, phonics, fluency, comprehension, and vocabulary, as well as many other skills.

About Istation

Founded in 1998 and based in Dallas, Texas, Istation (Imagination Station) has become one of the nation's leading providers of richly animated, game-like educational technology. Winner of several national educational technology awards, the Istation program puts more instructional time in the classroom through small-group and collaborative instruction. Istation's innovative reading, math and Spanish programs immerse students in an engaging and interactive environment and inspire them to learn. Additionally, administrators and educators can use Istation to easily track the progress of their students, schools and classrooms. Istation now serves over 4 million students throughout the United States and in several other countries.

For more information please contact

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Tue, 02 Aug 2022 03:15:00 -0500 en text/html
Killexams : Tax-payers now have 30 days to verify returns; here's how you can do it No result found, try new keyword!T return is not complete unless you verify the filing either online or offline. For returns filed before July 31, 2022, the time limit is up to 120 days. For returns filed on or after August 1, it is ... Tue, 02 Aug 2022 18:45:21 -0500 en-in text/html Killexams : Haryana Land Bill: Congress MLA Kiran Choudhry requests President to withhold assent No result found, try new keyword!The Haryana Governor had referred the Bill, which seeks to expedite development projects by simplifying the procedure for the acquisition of land, for the President’s assent under Article 254 of the ... Tue, 09 Aug 2022 02:03:01 -0500 en-in text/html Killexams : Why You Still Need Fee in Lieu of Tax Agreements

Friday, July 22, 2022

At the conclusion of this year’s legislative session, the South Carolina General Assembly passed The Comprehensive Tax Cut Act of 2022 (the “Act”).  Among a number of other significant tax changes, the Act effectively increases the property tax exemption amount from 14.2857% to 42.8571% for manufacturing property. This change indirectly lowers the property tax assessment ratio for manufacturers from 10.5% to 6%. This marks a significant departure from the decades-long practice of assessing manufacturing property at 10.5%

What is the impact?

This change is tremendous news to manufacturers with real property assets which predate fee in lieu of tax agreements (“FILOTs”); manufacturers who acquired assets after their FILOT investment period had run; manufacturers whose FILOT is expiring; and small and medium-size manufacturers who never received a FILOT in the first place.

Pursuant to the Act, South Carolina counties will now be reimbursed (up to a statewide cap of $170 million) for the tax revenue losses resulting from the property tax assessment ratio reduction. If local governments hit the reimbursement cap, the Act provides that the property tax assessment ratio reduction will be proportionally reduced so as not to exceed the cap. The Act provides that the reduced assessment ratio goes into effect for “property tax years after 2021.” Given that we are currently in property tax year 2023, the reduction goes into effect this year. 

Why Should Your Company Continue to Consider a Fee Agreement?

Now that property tax assessment ratios for manufacturing companies are set at 6% without the need to obtain a FILOT, when should companies still consider seeking a FILOT?

Contractually Locked Assessment Ratio & Fixed Millage Rate

FILOTs typically lock in the assessment ratio and the millage rate that will apply to covered property for 30–40 years. Just as the General Assembly acted to reduce the assessment ratio this year, it could also repeal or amend the assessment ratio again in future years. As a result, it can be beneficial to have the contractual agreement in the FILOT to certain the assessment and millage rates for the duration of the project. While some counties lock in a millage rate for the entire duration of the Fee Agreement and others are subject to adjustments every five years, there remain savings for companies as millage rates tend to increase over time. Given current inflation, population growth, and the possibility of reduced income due to the assessment ratio reduction, South Carolina counties may more aggressively seek to increase their millage rates.  FILOTs also lock in real estate values for the duration of the FILOT. Locking in the real estate value can save projects a considerable amount of money over the term of the FILOT. 

Pairing of Special Source Revenues

Additionally, counties often offer Special Source Revenue Credits (SSRCs) along with FILOTs. SSRCs are separate credits that can be applied to reduce companies’ annual FILOT payments. While it is possible for SSRCs to be offered through standalone SSRC Agreements, they are more commonly offered alongside FILOT Agreements. The process for obtaining approval of a standalone SSRC Agreement is the same as that for obtaining approval of a FILOT, so given the benefits of a FILOT as outlined above, projects that are eligible for SSRCs will likely want to continue to pair those SSRCs with a FILOT as well.

Larger manufacturing projects will still want to utilize a FILOT, particularly if they qualify for a Super FILOT. In order to qualify for a Super FILOT, a company must be planning on an enhanced investment in the State through either a $400 million capital investment or a $125 million capital investment with a commitment to create 125 new full-time jobs. Super FILOT Agreements further reduce the assessment ratio to 4%, which allows for the company to achieve greater savings during the term of the Super FILOT. 

Exemption from Rollback Taxes

Additionally, for larger sites, it is also particularly beneficial to have a FILOT Agreement to remain exempt from rollback taxes. Rollback taxes occur when a property changes from agricultural use to commercial or residential use. Fee Agreements can operate to eliminate rollback taxes which can result in significant savings for companies that are changing the use of the property from agricultural to commercial. 

Ultimately, while the Act provided many benefits for companies outside FILOT Agreements, there can be additional benefits from entering into a FILOT Agreement.

Copyright © 2022 Womble Bond Dickinson (US) LLP All Rights Reserved.National Law Review, Volume XII, Number 203

Fri, 22 Jul 2022 04:57:00 -0500 en text/html
Killexams : CBSE Class 12 Informatics Practices Syllabus 2022-2023: get in PDF Here!

CBSE Class 12 Informatics Practices Syllabus 2022-2023: CBSE Class 12 students can check and get here the new CBSE Syllabus of Informatics Practices. The Central Board of Secondary Education (CBSE) has released the revised CBSE Class 12 Informatics Practices Syllabus for the current academic session, 2022-23. Students must go through the full syllabus to know the details of the course structure and evaluation scheme.  

Check CBSE Class 12 Informatics Practices (Code 065) Syllabus 2022-23 below:

1. Prerequisite: Informatics Practices – Class XI

2. Learning Outcomes 

At the end of this course, students will be able to:

  • Create Series, Data frames and apply various operations.
  • Visualize data using relevant graphs.
  • Design SQL queries using aggregate functions.
  • Import/Export data between SQL database and Pandas.
  • Learn terminology related to networking and internet.
  • Identify internet security issues and configure browser settings.
  • Understand the impact of technology on society including gender and disability issues.

Also Check CBSE Class 12 Syllabus of All Subjects for 2022-2023 Session (PDF)

3. Distribution of Marks and Periods

4. Unit Wise syllabus

Unit 1: Data Handling using Pandas -I

Introduction to Python libraries- Pandas, Matplotlib. Data structures in Pandas - Series and Data Frames.

Series: Creation of Series from – array, dictionary, scalar value; mathematical operations; Head and Tail functions; Selection, Indexing and Slicing.

Data Frames: creation - from dictionary of Series, list of dictionaries, Text/CSV files; display; iteration; Operations on rows and columns: add, select, delete, rename; Head and Tail functions; Indexing using Labels, Boolean Indexing;

Importing/Exporting Data between CSV files and Data Frames.

Data Visualization

Purpose of plotting; drawing and saving following types of plots using Matplotlib – line plot, bar graph, histogram

Customizing plots: adding label, title, and legend in plots.

Unit 2: Database Query using SQL 

Math functions: POWER (), ROUND (), MOD ().

Text functions: UCASE ()/UPPER (), LCASE ()/LOWER (), MID ()/SUBSTRING ()/SUBSTR (), LENGTH (), LEFT (), RIGHT (), INSTR (), LTRIM (), RTRIM (), TRIM ().

Date Functions: NOW (), DATE (), MONTH (), MONTHNAME (), YEAR (), DAY (), DAYNAME ().

Aggregate Functions: MAX (), MIN (), AVG (), SUM (), COUNT (); using COUNT (*).

Querying and manipulating data using Group by, Having, Order by.

Unit 3: Introduction to Computer Networks

Introduction to networks, Types of network: LAN, MAN, WAN.

Network Devices: modem, hub, switch, repeater, router, gateway

Network Topologies: Star, Bus, Tree, Mesh.

Introduction to Internet, URL, WWW, and its applications- Web, email, Chat, VoIP.

Website: Introduction, difference between a website and webpage, static vs dynamic web page, web server and hosting of a website.

Web Browsers: Introduction, commonly used browsers, browser settings, add-ons and plug-ins, cookies.

Unit 4: Societal Impacts

Digital footprint, net and communication etiquettes, data protection, intellectual property rights (IPR), plagiarism, licensing and copyright, free and open source software (FOSS), cybercrime and cyber laws, hacking, phishing, cyber bullying, overview of Indian IT Act.

E-waste: hazards and management.

Awareness about health concerns related to the usage of technology.

Project Work

The aim of the class project is to create tangible and useful IT application. The learner may identify a real-world problem by exploring the environment. e.g. Students can visit shops/business places, communities or other organizations in their localities and enquire about functioning of the organization, and how data are generated, stored, and managed.

The learner can take data stored in csv or database file and analyze using Python libraries and generate appropriate charts to visualize.

If an organization is maintaining data offline, then the learner should create a database using MySQL and store the data in tables. Data can be imported in Pandas for analysis and visualization.

Learners can use Python libraries of their choice to develop software for their school or any other social good.

Learners should be sensitized to avoid plagiarism and violation of copyright issues while working on projects. Teachers should take necessary measures for this. Any resources (data, image etc.) used in the project must be suitably referenced.

The project can be done individually or in groups of 2 to 3 students. The project should be started by students at least 6 months before the submission deadline.

Practical Marks Distribution

Download the full syllabus from the following link and check details of practical work:

Thu, 21 Jul 2022 23:50:00 -0500 text/html
Killexams : Literacy Act implementation test scores show improvement; nearly 12,000 students still falling behind

HUNTSVILLE, Ala. (WAFF) - If an Alabama law were fully implemented, 12,000 students across the state wouldn’t be moving on to the next grade. They’d be held back.

Last year, a portion of The Alabama Literacy Act went into effect it was created to help Strengthen practicing in Alabama public schools. It was also created to ensure students are practicing on grade level by the end of the 3rd grade.

After one year, there has been only a small improvement in test scores. There is still a long way to go.

“Without that skill at the end of the third grade, they are four times more likely not to complete high school,” said Senior Research Associate for Public Affairs Research Council of Alabama Thomas Spencer.

Spencer says the 2022 Alabama Comprehensive Assessment Program test scores show that 22 percent of third graders are not practicing at a proficient level.

During the 2021 school year, Alabama implemented the Literacy Act curriculum to sharpen the focus on early grades reading.

“Particularly, students with learning disabilities and also students from economically disadvantaged backgrounds end to not come into school with quite the level of preparation and exposure to literature and practicing that other kids get,” Spencer said.

According to the test scores, Wilcox County had the lowest test scores, with 58% of third graders falling behind, and the highest test scores were from Mountain Brook City, with just three percent.

“Parents, teachers, and communities need to work together and identify those students who are struggling in practicing and wrap the services around them as early as kindergarten,” Spencer said.

Originally, part of the act was to hold back any 3rd-grade student, not at a proficient practicing level, but that portion of the act has been delayed until the 2023-24 school year.

You can find a link to the full study here.

Copyright 2022 WAFF. All rights reserved.

Mon, 25 Jul 2022 19:12:00 -0500 en text/html
Killexams : Alliance for Aging Research Statement on the Inflation Reduction Act of 2022

WASHINGTON, Aug. 2, 2022 /PRNewswire/ -- The Alliance for Aging Research's (Alliance) President and CEO Susan Peschin, MHS, released the following statement on the Inflation Reduction Act of 2022:

Alliance for Aging Research logo (PRNewsfoto/Alliance for Aging Research)

The Inflation Reduction Act of 2022 has several provisions that the Alliance for Aging Research has long supported and should become law—expansion of the low-income subsidy program; reducing beneficiary costs for vaccination; an inflationary cap; and most notably, the Medicare Part D provisions restructuring the benefit and adding a much-needed annual cap on out-of-pocket costs. For that reason, it is profoundly disappointing that we must oppose the current version of the bill, because it allows for an across-the-board, discriminatory government price-setting structure under the guise of direct negotiation. As currently drafted, this legislation permits use of methodologies that discriminate against older adults and people with disabilities that could severely limit patient access to current and future breakthrough treatments. Since 2019, the Alliance has consistently urged federal policymakers to reject any prescription drug price-setting proposal—including international reference pricing, Most Favored Nation, and direct negotiation—that would authorize Medicare program use of discriminatory cost-effectiveness standards to ration care.

The Inflation Reduction Act of 2022 fails to incorporate the repeated recommendations of the National Council on Disability (NCD), an independent federal agency. Since 2019, the NCD has cautioned against permitting use of discriminatory price-setting methodologies, such as the quality-adjusted life year (QALY) because it would undermine the Affordable Care Act (ACA) and major U.S. disability and civil rights laws. In February of this year, the NCD's 2022 Health Equity Framework for People with Disabilities specifically proposed a "blanket [legislative] prohibition" on the use of QALYs by "any federal agency" and last November recommended language to unambiguously bar QALYs in the reconciliation bill. Also last fall, more than 130 organizations called on Congress to reject drug proposals that use the QALY methodology or similar value assessment frameworks, stating, "As Medicare is the primary source of health insurance for older adults and people with disabilities, utilizing QALYs or similar metrics in pricing would be particularly harmful to the very groups the program is intended to serve."

Worse still, the legislation prohibits public comment or input on drug negotiation processes, including the criteria used to set prices. Congress prohibiting input would create an exception to the standard practice by federal agencies of soliciting public comment. Further, in a Morning Consult poll the Alliance commissioned last September, only 16% viewed "direct negotiation" as the government setting prices for prescription drugs and refusing to cover them if the company does not agree—yet that is exactly what the Inflation Reduction Act of 2022 would do.

Older adults expect and deserve their members of Congress to support proposals that address growing prescription drug out-of-pocket costs without requiring restricted access to care as a tradeoff. For these reasons, we urge the Senate to revise this latest proposal to not only address seniors' health and economic well-being, but to ensure all Medicare beneficiaries are treated equitably.

Media contact: Matthew Thompson,

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SOURCE Alliance for Aging Research

Tue, 02 Aug 2022 04:00:00 -0500 en text/html
Killexams : New Analysis from CorVel Highlights the Impact of COVID-19 on Workers’ Compensation Claims

CorVel Corp.

While COVID claims decreased, report shows an increase in overall claims in 2021

FORT WORTH, Texas, Aug. 03, 2022 (GLOBE NEWSWIRE) -- CorVel Corporation, a national provider of risk management solutions, recently published a white paper analyzing the impact that COVID-19 had on workers’ compensation claims in 2021. These strategic insights demonstrate an overall increase in claims in 2021 by 6% compared to 2020, with COVID-19 claims decreasing 38% and non-COVID claims increasing 14%.

“As we enter our third year of the pandemic, it is import to look back and examine how COVID-19 impacted workers’ compensation claims,” said Michael Combs, President and CEO at CorVel. “Last year was a transition year for all of us, as seen in our analysis. While COVID claims declined, industries returning to work saw an increase in non-COVID claims as new and returning employees rejoined the workforce. With our CogencyIQ team and our access to extensive data, we provide these insights to our customers and colleagues, helping them to better understand the past and prepare for the future.”

The analysis reviewed claims received from April 1 through December 31, 2021, compared to the same time frame in 2020, with all data valued at the end of each period. The report provides data on overall COVID and non-COVID claims, along with geographic and industry-specific details. The 2021 data in this analysis reflects findings based on CorVel customers who reported claims in both years.

To learn more, get the white paper and register for CorVel’s live webinar on August 10, 2022, where claims management leaders will delve into the 2021 report and elaborate on key findings.

About CorVel

CorVel Corp. applies technology including artificial intelligence, machine learning and natural language processing to enhance the managing of episodes of care and the related health care costs. We partner with employers, third-party administrators, insurance companies and government agencies in managing worker’s compensation and health, auto and liability services. Our diverse suite of solutions combines our integrated technologies with a human touch. CorVel's customized services, delivered locally, are backed by a national team to support clients as well as their customers and patients.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

All statements included in this press release, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on the Company’s current expectations, estimates and projections about the Company, management’s beliefs, and certain assumptions made by the Company, and events beyond the Company’s control, all of which are subject to change. Such forward-looking statements include, but are not limited to, statements relating to the Company’s network solution services and the Company’s continued investment in these and other innovative technologies, and statements relating to the Company’s workers’ comp service offerings. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause the Company’s actual results to differ materially and adversely from those expressed in any forward-looking statement, including the risk that the impact of the COVID-19 pandemic on our business, results of operations and financial condition is greater than our initial assessment.

The risks and uncertainties referred to above include but are not limited to factors described in this press release and the Company’s filings with the Securities and Exchange Commission, including but not limited to “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended March 31, 2022, and the Company’s Quarterly Report on Form 10-Q for the quarters ended June 30, 2021, and September 30, 2021 and December 31, 2021. The forward-looking statements in this press release speak only as of the date they are made. The Company undertakes no obligation to revise or update publicly any forward-looking statement for any reason.

Contact: Melissa Storan
Phone: 949-851-1473

Tue, 02 Aug 2022 23:24:00 -0500 en-US text/html
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