• Need To Rectify Provident Fund Birth Record? Here’s How You Can Do It Using Aadhaar
  • Driver-based Motor Insurance: Now pay premium as you drive, any vehicle of your choice!
  • ‘One nation, one ration card’ scheme by March 2021, says Nirmala Sitharaman
  • IRCTC train ticket booking: Reservation period extended, tatkal brought back
  • Aadhaar card holders can now get a free PAN card in just 10 minutes. Here’s how to apply

Need To Rectify Provident Fund Birth Record? Here’s How You Can Do It Using Aadhaar

The Employees’ Provident Fund Organisation (EPFO) has issued revised instructions to its field offices to facilitate the rectification of birth records for provident fund (PF) subscribers. This is applicable for EPFO members who need to rectify their birth record in order to make their Universal Account Number (UAN) compliant with Know Your Customer (KYC) regulations. In a statement released on Sunday, the retirement fund body said the date of birth…

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Driver-based Motor Insurance: Now pay premium as you drive, any vehicle of your choice!

In traditional Motor Insurance, coverage is given to a vehicle for compulsory Third Party (TP) liability as well as for optional Own Damage (OD) to the vehicle if the vehicle gets involved in any accident. The owner driver also gets Personal Accident (PA) coverage to cover bodily injury, disability or death. Optional cover may also be taken for hired drivers, if any, and for passengers. Under this, a particular vehicle…

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‘One nation, one ration card’ scheme by March 2021, says Nirmala Sitharaman

The Central government announced ‘one nation, one ration card’ scheme to allow national portability of ration cards for the people, who can now avail the benefits under the PDS system wherever they are in the country. While announcing measures for migrant workers, Finance Minister Nirmala Sitharaman today said that 100 per cent of ration cardholders will be covered in ‘one nation, one ration card’ scheme by March 2021. This was…

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IRCTC train ticket booking: Reservation period extended, tatkal brought back

The Indian Railways on Thursday increased the advance reservation period for the special passenger trains to 120 days from the 30 days now. The railways ministry also restored the tatkal ticket booking facility for all special trains. At present, the railways runs 30 Rajdhani-type trains from Delhi to different parts of the country. Till now, tatkal ticket booking was not available for these trains. Indian Railways partially resumed services with…

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Aadhaar card holders can now get a free PAN card in just 10 minutes. Here’s how to apply

NEW DELHI : To get a new PAN card you need not fill up a 2-page application form and wait for a few days anymore as the income tax department has launched a new facility for taxpayers allowing anyone with an Aadhaar card to get an instant PAN card online and that too for free. The instant e-PAN card application form needs you to input only your Aadhaar number after…

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Coronavirus: Premier League Set To Restart On June 17

Premier League clubs on Thursday agreed to restart the 2019/20 season on June 17, provided that all safety requirements are in place to prevent the spread of the coronavirus. Aston Villa v Sheffield United and Manchester City v Arsenal — both rearranged games — will take place on that date, the English top-flight said in a statement. After those matches, all 20 clubs would have played 29 matches heading into…

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Home Minister Amit Shah discusses extension of lockdown with CMs

Union Home Minister Amit Shah spoke to all chief ministers on Thursday and sought their views on extension of the ongoing nationwide lockdown beyond May 31, officials said. The telephonic conversations of the home minister came just three days before the end of the fourth phase of the lockdown. The nationwide curbs was first announced by Prime Minister Narendra Modi on March 24 for 21 days in a bid to…

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Two government panels want Covid lockdown lifted

NEW DELHI: Two government panels, tasked with managing medical emergency and availability of hospitals, isolation and quarantine facilities, have called for no further extension of the lockdown, the fourth edition of which is scheduled to end this weekend. These two panels have submitted an exit strategy for Covid lockdown 4.0, which recommends continuation and even scaling up of containment measures in the worst-hit areas while allowing other places to open…

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Nirmala Sitharaman launches facility for instant, free PAN using Aadhaar

Finance Minister Nirmala Sitharaman today officially launched the instant Permanent Account Number (PAN) facility which uses Aadhaar number based e-KYC. The beta facility was earlier launched in February 2020 on the income tax department’s e-filing website. The is a paperless, real-time basis facility. As per the income tax department, the turnaround time of allotting the PAN through this facility is 10 minutes. Only those applicants who have a valid Aadhaar…

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PFRDA allows Aadhaar-based offline, paperless KYC process to open NPS account

Pension Fund Regulatory and Development Authority (PFRDA), on May 27, issued a press release stating that it has allowed Aadhaar-based offline paperless KYC process for onboarding of new subscribers under the National Pension System (NPS). The process enables immediate activation of NPS account due to instant KYC verification and also facilitates immediate deposit of NPS contribution by the subscriber. PFRDA, in its endeavor to facilitate ease of enrollment of subscribers,…

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CBDT notifies revised Form 26AS, to now include real estate, share transaction details

New Delhi: The income tax department on Thursday notified the revised Form 26AS, containing details of tax collected or deducted at source which will now include information pertaining to property and share transactions. With this, Form 26AS has now been revamped to an ‘Annual Information Statement’ which apart from the TDS/ TCS details, shall now contain comprehensive information relating specified financial transactions, payment of taxes, demand/ refund and pending/completed proceedings…

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Eligible MSMEs to get offer of pre-approved loan under Rs 3 lakh crore relief package

NEW DELHI: Eligible MSME borrowers will get an offer from their lending institutions for a pre-approved loan under the Rs 3 lakh crore scheme announced for micro, small and medium enterprises to help them deal with the impact of COVID-19. The Guaranteed Emergency Credit Line (GECL) of Rs 3 lakh crore was announced as part of Rs 21 lakh crore package by the government. As per a set of FAQs,…

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