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Treat ad costs as investment, give tax relief: Advertising Agencies Association of India to government

The business of advertising agencies has shrunk by more than 70 per cent following the spread of Covid-19 and the lockdown. In a recommendation to the government, the Advertising Agencies Association of India (AAAI), which is the national association of advertising agencies, has proposed that advertising expense be treated as an investment and the cost be amortised over the next three years.

The objective is to encourage a higher level of expenditure by profitable companies, which will in turn accelerate the revival of economic activity. In a letter to Prakash Javadekar, the Union minister of information & broadcasting, AAAI said on a Rs 100 expense, an advertiser be allowed to claim an expenditure of, say, twice that amount (Rs 200), while computing income tax.

The bulk of the agency's costs are fixed in nature, be it salaries, rent, electricity and communication, among others. "The income and cash flow has been in serious stress in the last month and unless there is some intervention, many businesses will either file for bankruptcy or will have to under-size considerably," the note said.

AAAI president Ashish Bhasin, who is also CEO, Dentsu Aegis Network Greater South and chairman & CEO of India, told TOI, "Advertising industry is like the lubricant to the economy. And the lubricant for the advertising industry is liquidity. If we can infuse liquidity in advertising by encouraging profitable companies to continue to advertise, it will spur consumer demand, which in turn will kick-start the economy. The positive benefit from an improved consumer demand will far outweigh the offsets we are asking for."

With hotels, airlines and other industries impacted by the lockdown, Bhasin said overall average advertising industry revenues have come down by more than 70%. "We had earlier estimated a growth projection of 11-12% for this calendar year. However, with the current situation, we might just end the year with a degrowth," said Bhasin.

AAAI has requested the government to pay its dues to advertising agencies at the earliest possible. AAAI has also asked for an expedited refund of GST applications within 2-4 weeks.

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Delhi High Court Bar Association suggests plan for restoring operations after lockdown

The Delhi High Court Bar Association (DHCBA) has suggested commencement of regular and normal working of courts in a phased manner with compliance of social distancing norms and wearing of masks after lifting of COVID-19 lockdown."We believe that physical court hearings, albeit in a phased manner, have to be commenced with meticulous and scrupulous compliance of social distancing norms, wearing of masks, maintaining the highest standards of sanitisation and hygiene etc," the DHCBA said in a statement.

The suggestions by the DHCBA in a letter to the committee headed by senior High Court judge Justice Hima Kohli include:

Courts have to be operational not only to extent of providing "urgent relief" but also to cater to other legal remedies which may be availed by common litigants. Scope of matters that may be listed includes injunctive reliefs, bail applications, suspension of sentence, objections to arbitration awards, execution petitions, writ petitions of all types, criminal appeals etc.

By notification by the court and judicial orders by Supreme Court, limitation periods have ceased to run during lockdown period, to avoid last minutes rush of filings when courts do reopen, ordinary e-filings/online filings of all matters be allowed, though they might not be heard till normalcy is restored. Petition boxes be used to acknowledge filings made therein.

Till normalcy is restored, litigants and interns shall not be permitted to access court/chamber blocks. Restriction may continue on advocates representing a party.

Lawyers, operating from their chambers and offices need access to chambers to prepare their cases, access their files, records, books and infrastructure. Client conference may be permitted after court hours.

Kiosks and shops inside court complexes may be kept closed. However, cafeterias and kitchens catering to chamber blocks may only be permitted to service lawyers by offering 'take away' options.

Only one entry point may be allowed per courtroom building. Entrants may be subjected to thermal temperature scanning. The option of making entrants pass through sanitisation tunnels may also be explored.

Public conveniences must be maintained with the highest level of sanitisation and for using these social distancing norms can be employed. An adequate number of sanitisers may be provided at various points throughout the court buildings.

Both District Legal Services Authority and Mediation Centres require the physical presence of litigants, the same may not be functional till normalcy is restored. As arbitration proceedings can go on without the presence of litigant, arbitration centre may be functional.

The Bar Association also assured the court of its utmost cooperation.

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This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever




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COVID-19 Outbreak: FIR registered against UP MLA, six associates for violating lockdown norms

Uttar Pradesh Police on Monday registered an FIR against independent MLA from Nautanwa Aman Mani Tripathi and his six associates for stepping out without having a valid pass during COVID-19 lockdown.

They were returning from Uttarakhand and were detained in the Nazibabad area of Bijnor district. Superintendent of Police (SP) Bijnor Sanjeev Tyagi said, "He was not authorised by Uttar Pradesh government to go to Uttarakhand. He was out unnecessarily and did not have a valid pass. Action is being taken. He will be quarantined and tested."

No weapons were recovered from the seven, added the SP. Tripathi and others were earlier arrested by the Uttarakhand Police on Sunday allegedly for violating lockdown norms and misbehaving with government officials.

After the arrest, they were served a notice and were sent back to Uttar Pradesh. The incident had occurred at Gauchar of Chamoli district where his entourage was stopped for screening by the officials on duty. Tripathi, along with 10 others, was on a trip to Badrinath and Kedarnath.

Uttarakhand DG, Law and Order, Ashok Kumar had told ANI that an FIR has been registered against Tripathi and 11 other persons under Sections 188, 269 and 270 of the Indian Penal Code, Disaster Management Act and Epidemic Disease Act.

The Uttar Pradesh government had clarified on Monday that it did not authorise Tripathi to travel to Uttarakhand.

Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates.

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This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever




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Tax-News.com: European Free Trade Association Sets Out 2017 Priorities

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BT Insight: 8 money lessons from coronavirus lockdown

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COPD Associated With Lung Cancer Risk

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Artificial Reproduction is Associated With Prostate Cancer Risk

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Radisson Hotel Group announces its first beach resort in Dubai

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Radisson Hotel Group To Take Center Stage In Nanjing's New CBD With Striking Radisson Blu Hotel

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COVID-19 Resource: Global brands & Associations introducing Cleaning Standards - Updated

...




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New AI Based System Associates Images With Sounds

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Urgent Requirement for Associate for Hyderabad Location.

Company: 2COMS Consulting Private Limited
Experience: 0 to 0
Salary: 1.00 to 1.10
location: Hyderabad / Secunderabad
Ref: 24809025
Summary: Urgent Requirement for Top Leading company for Associate for Hyderabad Location.




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Hiring For Warehouse Associate at Bangalore

Company: 2COMS Consulting Private Limited
Experience: 0 to 50
location: Bengaluru / Bangalore
Ref: 24826666
Summary: Urgent Requirement for Warehouse Retail Associate for Bangalore Location. # Fresher's and 10th Pass candidate's can apply # Job details : 1. To assist the team in picking and packing. 2. No out door duty. 3. No ....




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Business Development Associate

Company: Info Corporate Service
Qualification: Master OF Business Administration (M.B.A), PGDM
Experience: 1 to 4
location: Mumbai, Mumbai City, Navi Mumbai, Thane
Ref: 24826183
Summary: Urgent Required Business Development Associate (Male ) in CA Firm - Navi Mumbai Position : Business....




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Associate Agency Development Manager

Company: Golden Opportunities Private Limited
Experience: 2 to 8
location: Surat
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Summary: Description AADM (Associate Agency Development Manager) Job Description: Strong in Relationship and Channel Management. Managing bank branches for Life Insurance & generate business from them. Managing a team Associates,....




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Customer Service Associate@Pune@Bengoli/Telugu/Tamil/Malayalam@Fresher

Company: Coral Bling Services Private Limited
Qualification: Bachelor of Arts (B.A), Bachelor of Architecture (B.Arch), Bachelor of Business Administration (B.B.A), Bachelor Of Computer Application (B.C.A), Bachelor of Commerce (B.Com), Bachelor of Dental Surgery (B.D.S), Bachelor Of Technology (B.Tech/B.E), Bachelor of....




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Senior Associate

Company: Cognizant Technology Solutions India Pvt Ltd
Experience: 0 to 50
location: India
Ref: 24786819
Summary: Not Applicable Qualification:Science / Engineering graduate Responsibility: User Story / Epic Grooming & Sizing: Understand user story dependencies Initiate requirement analysis discussions with senior story author ....




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Hiring For Freshers as Associate Picker at Hyderabad Location

Company: 2COMS Consulting Private Limited
Qualification: Bachelors/ Degree, , Diploma
Experience: 0 to 1
location: Hyderabad / Secunderabad
Ref: 24826662
Summary: ## Freshers can also apply ## Face to Face interview on the below location:: Nacharam, Hafeezpet, Manikonda, Karwan, Saroornagar, Kandlakoya,....




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Associate

Company: Cognizant Technology Solutions India Pvt Ltd
Qualification: Bachelors/ Degree
Experience: 0 to 50
location: India, Chennai
Ref: 24827420
Summary: Team Lead Qualification:Bachelor's in Science/ Commerce/Engineering or equivalent Responsibility: Business/Customer: * Perform SOP activities with business....




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Process Associate

Company: 2COMS Consulting Private Limited
Experience: 1 to 5
location: Bengaluru / Bangalore
Ref: 24826645
Summary: Job description : Greetings from 2COMS Consulting Pvt Ltd, With the ongoing agenda of preventing the spread of the COVID 19 virus across the globe requesting all to adhere to the precautionary measures suggested by ....




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Associate

Company: Cognizant Technology Solutions India Pvt Ltd
Qualification: Bachelors/ Degree
Experience: 0 to 50
location: India
Ref: 24815391
Summary: Team Lead Qualification:Bachelor's in Science/ Commerce/Engineering or equivalent Responsibility: Business/Customer: * Perform SOP activities with business impact....




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Associate

Company: Cognizant Technology Solutions India Pvt Ltd
Qualification: Bachelors/ Degree
Experience: 0 to 50
location: Pune, India
Ref: 24481846
Summary: Team Lead Qualification:Bachelor's in Science/ Commerce/Engineering or equivalent Responsibility: Business/Customer: Perform SOP activities with business impact ....




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Tata Vista based Crossover Vista D90 Xtreme Unveiled

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Urgent Opening For Male Associate / Pickers in Hyderabad

Company: 2COMS Consulting Private Limited
Experience: 0 to 50
location: Hyderabad / Secunderabad
Ref: 24823064
Summary: Urgent Joining For grocery Warehouse inHyderabad Job description ***IMMEDIATE JOINING*** ***NO CHARGES APPLICABLE*** Designation- Picking and packing Exceutive Gender - Only Male Age Limit- 18-32....




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Liverpool announced they Rent Sissoko

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Quick Management Lesson


Ek din ek kutta jungle main raasta kho




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University Professor Required in Canada | Australia

Company: Pear Visa Immigration Services Private Limited
Experience: 3 to 8
Salary: 50.10 to 86.40
location: Australia, Canada
Ref: 24610709
Summary: University professor should be able to relocate to CANADA or AUSTRALIA




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Professor Req for Universities in CANADA & AUSTRALIA

Company: Pear Visa Immigration Services Private Limited
Experience: 2 to 9
Salary: 73.40 to 89.70
location: Australia, Canada
Ref: 24231136
Summary: College professors are responsible for preparing course materials & teaching classes to graduate &undergraduate students. These courses lecture, seminar, field study, ....




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Speech delivered to the OECD Council by the Prime Minister of Portugal, HE. Pedro Passos Coelho

Today the OECD is publishing a report on Portugal's challenges as far as structural reform is concerned. The OECD is an outstanding reference for policy-makers all around the world and I wanted my country to benefit from your skills, experience, and insights, especially on the question of structural reform, said the Portuguese Prime Minister.




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Three industrial accidents within 24 hours hold crucial lesson for factories looking to resume operations

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Hiring Company Secretary_MNC Client_Chennai_Associate/Sr.Associate

Company: Taggd
Qualification: Company Secretary
Experience: 1 to 5
Salary: 3.00 to 8.00
location: Chennai
Ref: 24814553
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Hiring for an Associate in Trademark, Copyright & Design Prosecution Practice for our Gurgaon Branch

Company: Krishna And Saurastri Associates LLP
Qualification: Bachelors of Law (B.L/L.L.B), Master of Law (M.L/L.L.M)
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LPO-Legal Associate

Company: Collasys Global Services LLP
Experience: 1 to 7
location: India
Ref: 23740112
Summary: Job Description : Requirements for the Role:- ·A minimum of 3+ years ofediscovery document reviewindustry experience. ·Strong technical skills and familiarity with web applications. ·Expertise and experience in assisting clients....




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Associate - Projects

Company: Cognizant Technology Solutions India Pvt Ltd
Qualification: Bachelors/ Degree
Experience: 0 to 50
location: India
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Summary: Technical Lead Qualification:Bachelors in science , engineering or equivalent Responsibility: Requirement Understanding and Analysis: * Understand the functional/....




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Associate - Projects

Company: Cognizant Technology Solutions India Pvt Ltd
Experience: 0 to 50
location: India, Chennai
Ref: 24827421
Summary: Sr. Application Analyst Qualification:Science / Engineering Graduate Responsibility: Stakeholder Management: Monitor availability of the applications and notify support team in case of exceptions and....




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Associate - Projects

Company: Cognizant Technology Solutions India Pvt Ltd
Experience: 0 to 50
location: India
Ref: 24827417
Summary: Lead Developer Qualification:Graduate / Engineering graduate Responsibility: Requirements Gathering: ' Understand interpret and clarify functional requirements as well as technical requirements and requirement....




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Associate - Projects

Company: Cognizant Technology Solutions India Pvt Ltd
Experience: 36731711 to 36731714
location: India, Coimbatore
Ref: 24733131
Summary: Skill:Java, J2EE, Spring,Autosys, TFS, IBM MQ, AppDynamics, Service Now, Perl, Oracle SQL and Linux. Knowledge on ALIP Integration is a plus Detailed Jd: To provide end-to-end....




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Senior Associate/ TL/ Manager- KYC

Company: Golden Opportunities Private Limited
Experience: 3 to 12
location: Bengaluru / Bangalore
Ref: 24827321
Summary: Should have 3+yrs work experience in EDD KYC AML process in a remediation or live on-boarding environment




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Senior Associate/TL/Manager - AML

Company: Golden Opportunities Private Limited
Experience: 3 to 12
location: Bengaluru / Bangalore
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