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AMD to invest $400 million in India by 2028: Here’s what we know

US chipmaker Advanced Micro Devices said on Friday it will invest around $400 million in India over the next five years and will build its largest design center in the tech hub of Bengaluru. AMD’s announcement was made by its Chief Technology Officer Mark Papermaster at an annual semiconductor conference that started Friday in Prime Minister Narendra Modi’s home state of Gujarat. Other speakers at the flagship event include Foxconn Chairman Young Liu and Micron CEO Sanjay Mehrotra. Despite being a late entrant, the Modi government has been courting investments into India’s nascent chip sector to establish its credentials as a chipmaking hub. AMD said it will open its new design centre campus in Bengaluru by end of this year and create 3,000 new engineering roles within five years. “Our India teams will continue to play a pivotal role in delivering the high-performance and adaptive solutions that support AMD customers worldwide,” Papermaster said. The new 500,000-square-foot (55,5...
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Aadhaar-PAN link deadline: Income Tax website is down; users demand for date extension

Today, March 31, 2021, is the last day to link PAN with Aadhaar number. If you fail to link your Permanent Account Number (PAN) with Aadhaar card by the end of today, then your PAN will become invalid.

While everyone is trying to meet the deadline and link their PAN with Aadhaar number, the Income Tax website goes down. The https://ift.tt/2cWfp2K website is not working and hence people are unable to go ahead with the PAN-Aadhaar linking process.

After several unsuccessful attempts, people have taken to microblogging site Twitter to demand for deadline for PAN-Aadhaar linking extension. Most tweets related to Aadhaar and PAN linking state that the Income Tax website is not loading or showing error.

Most users have complained that they are unable to login and link PAN card with Aadhaar number.

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So, what happens if you fail to link your PAN with your Aadhaar by March 31, 2021? Your PAN will become inoperative. In this case, you could also be liable to pay a fine of Rs 1,000.

The government of India recently passed the Finance Bill 2021 in the Lok Sabha recently where it added a new section 234H under which a person shall be liable to pay a late fee of up to Rs 1,000 in case of non-linking of their PAN with Aadhaar.

The Finance Bill 2021 stated, “234H. Without prejudice to the provisions of this Act, where a person is required to intimate his Aadhaar number under sub-section (2) of section 139AA and such person fails to do so on or before such date, as may be prescribed, he shall be liable to such fee, as may be prescribed, not exceeding one thousand rupees, at the time of making intimation under sub-section (2) of section 139AA after the said date.”



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