Changes in SC/ST Act: Apex court doesn’t stay its order, says ‘we’re not going by any agitation’

April 4, 2018

Making clear “we are not going by any agitation”, the Supreme Court Tuesday declined an interim stay on its March 20 order which forbids arrest without prior permission for an offence under the Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act. The judges said the Centre’s review petition, filed Monday when Dalits staged protests across the country against what they called dilution of the Act, will again be heard…

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How Much Extra Income Tax Senior Citizens Can Save This Year

April 4, 2018

Finance Minister Arun Jaitley in Budget 2018 announced many changes in income tax laws which will help reduce the tax burden on senior citizens. The Finance Act, 2018 has inserted a new Section 80TTB under Income Tax Act, 1961. Senior citizens will get higher interest income exemption limit on deposits in banks and post offices, including recurring deposits. Currently, a deduction up to Rs. 10,000 is allowed under Section 80TTA…

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Income Tax planning for 2018-19: New tax rules every taxpayer should know

April 4, 2018

As we step into the new fiscal year, it is imperative that we plan our finances. Financial planning needs to be done considering the changes introduced in this year’s Union Budget. So let us review the key changes which may impact the cash flow and investment decisions for the tax year 2018-19, from an individual tax perspective. Tax slabs in the new year have not changed vis-a-vis the last year….

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Aadhaar Law Is Just, Fair And Reasonable, Centre Tells Supreme Court

April 4, 2018

New Delhi:  The Centre today justified the Aadhaar Act in the Supreme Court, saying it was a “fair and reasonable law” which complied with the tests prescribed by the historic verdict on the right to privacy. A nine-judge constitution bench, on August 24 last year, had declared the right to privacy as a fundamental right and termed it as an intrinsic part of right to life and personal liberty under…

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SBI’s Latest Minimum Balance Rules, Penalty For Keeping Insufficient Balance

April 4, 2018

New minimum balance rules announced recently by SBI or State Bank of India came into effect on April 1, 2018. SBI, which had last month reduced by up to 75 per cent its penalty charges for keeping insufficient average minimum balance in savings bank accounts, currently charges a penalty for non-compliance with its average monthly balance rules. This penalty levied by SBI, India’s largest bank, depends upon the type of…

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Xiaomi now lets you gift up to Rs 10,000 to others with Mi Gift Card

April 4, 2018

Xiaomi has introduced a new programme called Mi Gift Card in India. The Xiaomi Mi GIft Card programme is essentially prepaid gift card service that users can gift to other users to do shopping on Mi.com. Xiaomi has partnered prepaid card solutions provider QwickCilver to deploy the service in India. The Mi Gift Card can carry a maximum value of Rs 10,000 and can be sent on occasions such as…

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Interest free partial withdrawal for EPFO members; announcement likely soon

April 4, 2018

New Delhi: In what could benefit Employees Provident Fund Organisation (EPFO) subscribers who are jobless for a longer period, the retirement fund body may soon come up with a new option on provident fund withdrawal. Sources have told Zee Media, the Central Board of Trustees (CBT) in a crucial meeting on April 13, will discuss options to allow interest-free partial withdrawal to the employees who are without any jobs for…

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Airtel’s 1000 GB Free Data Offer Extended Till October 31

April 4, 2018

Bharti Airtel has extended its ‘1000GB free data offer’ for broadband users till October 31, 2018, informed the operator on its official website-airtel.in. Under this offer, Airtel users can avail 1,000 GB of free high-speed data on broadband plans priced at Rs. 1,099 and Rs. 1,299. Airtel’s ‘1000GB free data offer’ on broadband plans was initially introduced in May 2017 and was valid till March 31, 2018, which has now…

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Post Office Small Saving Schemes Interest rates Apr-June 2018

April 4, 2018

What is the applicable latest Post Office Small Saving Schemes Interest rates Apr-June 2018? The government announced the interest rate for PPF, Sukanya Samriddhi, NSC, KVP Interest Rates Apr-June 2018. Let us see the changes applicable with effective from 1st April 2018. Earlier the interest rates used to be announced on yearly once. However, now from 2016-17, the rate of interest will be fixed on a quarterly basis. I already wrote…

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