Saturday, August 26, 2023

Income tax department website revamped, here's all that's new

The Income Tax Department has launched a revamped website with a new user interface and additional features. The website aims to serve as a comprehensive repository of tax information and provides access to Direct Tax laws, rules, circulars, and notifications. It also includes a 'Taxpayer Services Module' with various tools to assist taxpayers in filing their returns. The website has been redesigned with a mobile-responsive layout and includes virtual tours and guided explanations of new features. The revamped website is part of the department's efforts to enhance taxpayer services and facilitate tax compliance. https://ift.tt/i1urfYZ

Government warns of action against carrying advertisements on online betting platform

The Ministry of Information and Broadcasting in India has instructed media entities, online advertisement intermediaries, and social media platforms to stop showing advertisements for betting and gambling. The ministry warns that failure to comply may result in action from the Indian government under various laws. The ministry highlights the financial and socio-economic risks associated with gambling platforms and their connection to money laundering networks. It also notes that black money is often used to pay for such advertisements. The ministry has previously issued advisories on this matter in 2022 and 2023. https://ift.tt/8z59Ggm

Edtech company Cuemath cuts jobs, read what CEO's mail to employees said

Cuemath, an online math learning platform, has laid off 100 more employees, marking its second round of job cuts this year. The company cited divergent revenue and cost trajectories, as well as the challenging macro situation around capital availability for edtech, as reasons for the layoffs. Cuemath's revenue for the fiscal year ending March 2022 grew by 63.1%, but its losses increased by 66%. The company is backed by Peak XV Partners and provides an after-school online math program for students in grades K-12. https://ift.tt/0bP3Yhw

WordPress.com debuts a 100-year domain name registration for $38K, offering managed hosting and 24/7 customer service; domains are typically capped at 10 years (Roger Montti/Search Engine Journal)

Roger Montti / Search Engine Journal:
WordPress.com debuts a 100-year domain name registration for $38K, offering managed hosting and 24/7 customer service; domains are typically capped at 10 years  —  WordPress announces the availability of 100-year domain name registrations that include 24/7 assistance and managed web hosting



A look at Smallville, a virtual village populated by AI chatbots, built by Stanford and Google researchers to create a society with "believable human behavior" (Oliver Roeder/Financial Times)

Oliver Roeder / Financial Times:
A look at Smallville, a virtual village populated by AI chatbots, built by Stanford and Google researchers to create a society with “believable human behavior”  —  Giving digital agents ‘memory streams’ produced surprising results  —  John Lin is a small-town pharmacist who takes great pride in his work.



Despite cheating and misinformation fears, some US schools that once raced to block AI chatbot access are now encouraging teachers and students to use them (Natasha Singer/New York Times)

Natasha Singer / New York Times:
Despite cheating and misinformation fears, some US schools that once raced to block AI chatbot access are now encouraging teachers and students to use them  —  Some districts that once raced to block A.I. chatbots are now trying to embrace them.  —  For decades, Walla Walla High School …



OpenAI unveils policy proposals for a world with superintelligence: higher capital gains taxes, a public AI investment fund, strengthened safety nets, and more (Amrith Ramkumar/Wall Street Journal)

Amrith Ramkumar / Wall Street Journal : OpenAI unveils policy proposals for a world with superintelligence: higher capital gains taxes, a...