Not Claiming Reimbursement Benefits From Your Employer? Read This

June 16, 2018

Companies often offer the option of filing medical, conveyance and telephone bills to their employees, to claim income tax deduction. However, a significant majority of employees opt out of it thinking that this will increase their-in-hand salary, a survey found. The survey by data measurement company Nielsen and fintech startup Zeta stressed on the need to make employees aware of the income tax benefits that these reimbursement claims offer. A…

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Nokia 6 (2018) 4GB Review

June 16, 2018

HMD Global recently released the Nokia 6 (2018) (Review) in India in a bid to take on the likes of the Xiaomi Redmi Note 5 Pro (Review). The phone launched in India in just one variant, with 3GB of RAM and 32GB of internal storage. Now, the Finnish company has launched a second variant, with 4GB of RAM and 64GB of internal storage, priced at Rs. 18,999. We were impressed…

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Public Provident Funds (PPF) Are Fully Tax-Free. Details Here

June 16, 2018

Public Provident Fund (PPF) scheme is a popular long term government-backed investment option, which offers safety with attractive interest rates and returns that are fully exempt from income tax. One can also avail the facilities of loans, withdrawal and extension of his/her PPF account. Resident Indians and guardians on behalf of minors can open PPF accounts. PPF deposits can be made either in a lump-sum manner or in 12 instalments….

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Shocking: These Hotels Are Run By Robots and Dinosaurs?

June 16, 2018

The staff at this hotel might be a little busy when it comes to customer service, but it’s hardly surprising as the place is run almost entirely by robots and dinosaurs. From the multi-lingual robots that check you in, to the robotic arm that will store your luggage and the porter robots that will carry your bags to your room and suprisingly even  the fish in the lobby’s tank are…

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Go Digital: No MDR Charges On Debit Card Payments Up To Rs 2,000

June 16, 2018

The government will bear the MDR charges on transactions up to Rs 2,000 made through debit cards, BHIM UPI or Aadhaar-enabled payment systems to promote digital transactions, IT Minister Ravi Shankar Prasad said. What is MDR? MDR is charged on payments made to merchants through BHIM UPI platform and AePS (Aadhaar enabled Payment System). The merchant discount rate (MDR) will be borne by the government for two years with effect…

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