Form 16: When to expect it and why it matters for salaried employees?
As per income tax rules, employers are required to file their e-TDS returns for the last quarter (January to March) by May 31. After this, they get 15 days to issue Form 16.
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Hindustan Times
5 hours ago
- Hindustan Times
Dakota Johnson reveals what attracted her to Celine Song's Lucy in Materialists
In director Celine Song's much-anticipated film Materialists, Dakota Johnson takes on the role of Lucy — a sharp, savvy matchmaker caught in a romantic tangle. The film follows her journey as she navigates a love triangle between her charming ex (Chris Evans) and a mysterious new suitor (Pedro Pascal), all set against the backdrop of modern romance and ambition. While promoting the film globally, Dakota opened up about what drew her to the character and the complexities that made Lucy such a compelling role. 'After I read the script, I was immediately enticed by the layered inscrutability I saw in Lucy. I was drawn to the role because it's so complex. Lucy has so many different dynamics in the film, so there's many different Lucys. She's a bit of a different person with every other character — she's sort of a chameleon in that way. And then you're wondering which of her is the truth, which I thought was just so fun to play with.' Sony Pictures Entertainment will release Materialists in cinemas across India on June 13. Recently, Johnson revealed that her father, Don Johnson, cut her off financially after high school when she decided not to attend college. Johnson recalled that her father's ultimatum was clear: attend college and receive an allowance, or pursue acting and be on her own. "I didn't get in, and my dad cut me off because I didn't go to college," Johnson said, adding, "So, I started auditioning. I think I was 19 when I did The Social Network, and then little jobs and stuff after that," as quoted by E! News. Despite struggling financially, Johnson landed roles in notable films, including 'The Social Network' and the 'Fifty Shades' trilogy. Johnson opened up about the challenges she faced while trying to make it in Hollywood. "For a couple of years, it was hard to make money," she said, adding, "There were a few times when I'd go to the market and not have money in my bank account or not be able to pay rent, and I'd have to ask my parents for help," as quoted by E! News.
Time of India
6 hours ago
- Time of India
Aakash moves NCLT to implead E&Y in oppression, mismanagement case filed by Byju's
Aakash Educational Services has filed a plea in the insolvency tribunal NCLT, seeking the dismissal of a petition submitted by edtech firm Byju's and to implead consultancy firm E&Y, along with its partner Ajay Shah. In its application, Aakash Educational Services has sought dismissal of the petition filed by Think and Learn , owner of Byju's, on the grounds of vexatious litigation couched as an oppression and mismanagement litigation, which is not maintainable in the law. Aakash Educational Services (AESL) submitted that presence of E&Y is "imperative" in the matter, as it was not only privy but the architect of several key financial and strategic decisions taken by it. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Think and Learn has filed a Company Petition before the Bengaluru Bench of the National Company Law Tribunal (NCLT) against AESL, alleging "oppression and mismanagement" in the affairs of the company under Sections 241 and 242 of the Companies Act, 2013. Think and Learn is a minority shareholder of Aakash Educational Services, which operates 316 centres throughout the country. Live Events In the company application, AESL has requested to implead and make E&Y and its partner Ajay Shah a respondent alleging "the records indicate that he helped and played a material and consistent role in advising and facilitating various parties whose interests were privileged and exclusive in a material sense". Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories "The proposed Twenty-sixth Respondent (Ajay Shah) is not only privy but the architect of several key financial and strategic decisions of the Applicant during the periods relevant to the Company Petition," it said. Shah and the team of E&Y (which is respondent no 27) always had access to all privileged and confidential information and were part of the business and strategy discussions of the Applicant Company. "In any event, since all team members, including Shah, represented E&Y, the said Respondent is being impleaded," AESL submitted, adding that "for reasons of structural and professional accountability, the presence of E&Y is imperative". AESL also alleged the Resolution Professional of Byju's, which is currently going through an insolvency resolution process, "belongs to the self-same organisation and has made no disclosure to the Tribunal about his knowledge or organisational association either in the Company Petition or before the Tribunal at the time of accepting the appointment". "This serious matter for the administration of the Insolvency and Bankruptcy Code, 2016 (IBC) requires thoughtful attention by the Tribunal," AESL submitted. It has requested the NCLT to direct the proposed respondents to file an affidavit on oath disclosing details of all transactions that Ernst & Young LLP has been involved in since 2021 till date, in relation to all related parties, including Think and Learn and GLAS Trust Company LLC. The broader legal fight centres around the governance and control of AESL, following the failed acquisition by Byju's -- which has been reeling under charges of mismanagement, and alleged misuse of company funds. Meanwhile, CrestLaw Partners, acting on behalf of Manipal Group (which holds significant stake in AESL), also approached EY, flagging the firm's involvement in advising the Manipal Group in material matters, involving tax and regulatory implications, accounting treatment among others, pertaining to AESL.
Time of India
7 hours ago
- Time of India
Tata Motors launches Harrier EV at ₹21.49 lakh
Tata Motors has launched its all-electric SUV, the Harrier EV, with prices starting at ₹21.49 lakh (ex-showroom). Built on the platform, the Harrier EV combines a dual-motor powertrain , advanced driver assistance systems (ADAS), and connected technologies as part of the company's push to strengthen its presence in the electric vehicle segment. Powertrain and off-road capability The Harrier EV is equipped with a dual-motor Quick-Wheel Drive (QWD) setup, enabling all-wheel drive and delivering a peak torque of 504 Nm. The front motor generates 158 PS, while the rear produces 238 PS. The SUV accelerates from 0–100 km/h in 6.3 seconds and supports fast charging that delivers 250 km of range in just 15 minutes. It includes six terrain modes—Normal, Grass/Snow, Mud/Gravel, Sand, Rock Crawl, and one user-configurable mode—along with Off-road Assist and a transparent underbody view for enhanced off-road usability. A multi-link Ultra Glide suspension system with Frequency Dependent Damping supports vehicle handling and ride comfort. Technology and driver assistance The vehicle offers automation features such as autonomous parking assist, summon mode, and reverse assist under its e-Valet suite. Visibility is enhanced with a 540-degree camera system, blind spot monitor, and an HD rearview mirror with built-in dashcam functionality. It also supports Digi Access, a digital key system using smartphones, NFC cards, and remote controls with UWB proximity technology. A 14.53-inch Harman infotainment display powered by Samsung Neo QLED and a JBL Black 10-speaker system with Dolby Atmos are included as standard. Mappls Auto navigation provides EV-specific features like battery-efficient routes, charger suggestions, and range mapping. Tata's connected car platform supports more than 55 features, including in-car UPI-based payments. Comfort and utility The interior includes power and ventilated front seats, memory functions, and amenities like rear headrests, sunshades, and an armrest with cup holders. A panoramic sunroof, multi-colour ambient lighting, and a BOSS mode that adjusts the front passenger seat add to cabin flexibility. Utility features include Vehicle-to-Load (V2L) and Vehicle-to-Vehicle (V2V) power sharing capabilities, 65W USB-C chargers suitable for laptops, 502 litres of boot space (expandable to 999 litres), and an additional 35-litre front trunk on AWD variants. Safety and platform Safety is supported by over 20 Level 2 ADAS features , including Adaptive Cruise Control, Lane Keep Assist, and Autonomous Emergency Braking. The SUV also offers seven airbags, all-wheel disc brakes, ESP with i-VBAC, hill descent control, and tyre pressure monitoring. Built on the architecture, the Harrier EV features 65 and 75 kWh battery options, high-torque front and rear motors, and Snapdragon-based digital electronics with over-the-air (OTA) capabilities. The model is available in four colour options and will also be offered in a Stealth Edition.
