Why You Must Deposit Money In PPF Accounts Before Or On 5th Of Every Month

April 10, 2018

April 5 is important for Public Provident Fund (PPF) investors. Not just the fifth of April but the fifth of every month is significant for PPF subscribers. PPF accounts are a decent investment venue for customers not only because they help you save your money, but also help you cut down on income tax outgo. But PPF rules are hugely beneficial for people who deposit their instalments before or on the fifth…

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Income tax department wants to know a little bit more about you

April 10, 2018

The income tax department wants more information from you about your finances and business. The new income-tax return forms released by the Central Board of Direct Taxes (CBDT) for filing returns for the financial year 2017-18 have several new columns. These new forms for various categories of taxpayers are Sahaj(ITR1) , Form ITR-2, Form ITR-3, Form Sugam -ITR-4, Form ITR-5, Form ITR-6, Form ITR-7, and Form ITR-V. By collecting more specific information from taxpayers — from seeking…

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Relief for consumers: LPG cylinder rates slashed

April 10, 2018

New Delhi: At a time when soaring prices of petrol, diesel, CNG and PNG has sent household budget into a spin, oil companies provided relief to some extent by cutting prices of non-subsidised LPG cylinders by Rs 35.50. The price cut is the second in less than a month after a reduction in international pricing early March had led to a similar fall. The latest cut by oil companies, however,…

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India Post ATM Cash Withdrawal Charges, Rules, Transaction Limits..

April 10, 2018

India Post under the Department of Post offers five transactions free of cost at its ATMs. This includes financial and non-financial transactions carried out at post office ATMs, according to India Post’s website – indiapost.gov.in. India Post – which has a network of over 1.5 lakh post offices across the country – provides offers a range of financial and retail services, other than its mail operations. India Post offers savings…

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New Income Tax Return (ITR) Forms Released, Tax Slabs For FY 2017-18

April 10, 2018

The income tax department recently notified income tax return (ITR) forms for the financial year 2017-18 (assessment year 2018-19). A one-page simplified ITR Form-1 (Sahaj) has been notified. The new ITR forms seek more details from individual taxpayers about their salary structure and income from property, say tax experts. The ITR Form-1 (Sahaj) can be filed by an individual who is a resident having income up to Rs.50 lakh and is…

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SBI ATM Cash Withdrawal Rules Explained

April 10, 2018

SBI or State Bank of India allows its customers to make cash withdrawals of up to Rs. 40,000 per day from its ATMs. Using SBI’s Classic Debit Card, SBI customers can withdraw up to Rs. 40,000 in cash from the bank’s network of ATMs, according to the corporate website of India’s largest bank – sbi.co.in. SBI offers several types of debit cards such as SBI Classic Debit Card, State Bank…

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Kedar Jadhav ruled out of IPL 2018

April 10, 2018

Chennai Super Kings allrounder Kedar Jadhav has been ruled out of IPL 2018 because of a grade-2 hamstring tear he sustained during the team’s tournament opener against Mumbai Indians at Wankhede Stadium on Saturday. Jadhav batted at No. 4 in Super Kings’ chase but retired hurt as soon as he felt some discomfort, only to return at the fall of the ninth wicket when they needed seven to win from…

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Caught on tape: How underworld don Dawood Ibrahim manages his business empire

April 10, 2018

Dawood Ibrahim might have cloistered himself at his safe-house in Karachi’s upscale Clifton district, but he has now been caught on tape – for the first time ever – divulging his commercial operations overseas, an India Today investigation has found. The crime lord is believed to have set up a vast business empire since he fled India in the 1980s. India Today has now accessed clinching evidence suggesting how the…

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Aadhaar Card Updation, Enrolment: UIDAI Clarifies, Says No Last Date

April 10, 2018

The UIDAI or Unique Identification Authority of India – the issuer of the 12-digit Unique Identity Number (Aadhaar number) as well as Aadhaar card – has clarified on updation of Aadhaar. The UIDAI said, in a communication to the general public posted on microblogging site Twitter, that there is no last date set for enrolment or updation of data fed into Aadhaar card. The UIDAI, the Aadhaar card-issuing body, cited…

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