Lohia Corp Limited>   Santosh Jha
Santosh Jha

Santosh Jha

Santosh Jha is a highly experienced professional with over 24 years of expertise in Export/ Import Logistics, Pre & Post Shipment documentation, Customs, and DGFT formalities. He is well-versed in Trade Banking (Forex, LC, BG, UCPDC), and indirect taxations. Santosh has worked in various roles, including Agm - Commercial at Lohia Corp Limited, Logistics Manager at Voith Hydro, Isgec Heavy Engineering Ltd., and Commercial Manager at FLOVEL Energy Private Limited. He has also worked as a Commercial Manager at Digi Drives and as a Project Manager at GE. Santosh is based in India-Haryana-Fa .Read More

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Angela Work Summary

Number of Companies worked For
8
Average duration at company ( Year )
3
Number of job Positions
5

About Santosh Jha

Having more than 24 years of Experience in Export/ Import Logistics, Pre & Post Shipment documentations, Customs & DGFT formalities. Well versed with Trade Banking (Forex, LC, BG, UCPDC) and indirect taxations. .Read More

Santosh Jha’s Activities

A huge number of employees changes his / her employment during the financial years. it's very common that as per service contract employer recover some amount as shortfall in notice period as per terms of service contact. In majority of cases new employer buy back the deduction against shortfall in notice by previous employer. Recently, one thing I observed that generally employees don't deeply check about the treatment of taxation on amount recovered by previous employer. Normally, previous employer who recover the amount does not deduct it from total income in form 16 and shows amount including of deduction which results to laibility of income tax on amount which an employee never received. Since, new employer reimburse this amount also show it as Income of employees in Form 16 and amount get double taxed. I had a survey with approx 15 persons who changed his/her job during last year coming under bracket of above situation. Non of person to whom I have contacted was aware that they are paying taxes extra as Form 16 doesn't shows deduction. This is the high time as individual filing returns or may have already filed. People whosoever have similar case may file return correctly and in case already filed, please get the same revised to expect refund the payment of excess tax paid. Experts may share his / her opinions in this. #Recoveryofshortfallinoticeperiod #Form16 #Additionaltaxlaibility .Read More
July 24 2023
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Santosh Jha's Current Workspace

Lohia Corp Limited
Lohia Corp Limited2022-12-01 - Present
Lohia Corp Limited has been providing advanced solutions to the woven plastics flexible packaging industry around the world for more than 4 decades in over 90 countries. The fabric produced is used in many applications such as bags for cement, fertilizer, food grains, FIBC/Jumbo Bags, Leno/Ventilated bags & many more. The global footprint of the company is serviced by subsidiaries/associates in USA, Brazil, Thailand, Indonesia, Philippines and UAE supported by sales agents in all major woven sacks producing countries .Read More

Santosh Jha's Work Experiance

  • Lohia Corp Limited
    Lohia Corp Limited has been providing advanced solutions to the woven plastics flexible packaging industry around the world for more than 4 decades in over 90 countries. The fabric produced is used in many applications such as bags for cement, fertilizer, food grains, FIBC/Jumbo Bags, Leno/Ventilated bags & many more. The global footprint of the company is serviced by subsidiaries/associates in USA, Brazil, Thailand, Indonesia, Philippines and UAE supported by sales agents in all major woven sacks producing countries .Read More

    Location

    D-3/A Panki Industrial Estate, India, 208022, IN

    Employees

    1418
  • agm -commercial2022-12-01 - Present
    Lohia Corp Limited has been providing advanced solutions to the woven plastics flexible packaging industry around the world for more than 4 decades in over 90 countries. The fabric produced is used in many applications such as bags for cement, fertilizer, food grains, FIBC/Jumbo Bags, Leno/Ventilated bags & many more. The global footprint of the company is serviced by subsidiaries/associates in USA, Brazil, Thailand, Indonesia, Philippines and UAE supported by sales agents in all major woven sacks producing countries .Read More

    Location

    D-3/A Panki Industrial Estate, India, 208022, IN

    Employees

    1418