Good News! Owners of more than one house property get tax relief

June 18, 2018

Do you have more than one house property? If yes, here’s good news for you. Now, for income tax purposes, you can modify the selection of a house property as ‘self-occupied’ even during the stage of detailed tax scrutiny/assessment of your income tax return. This has been allowed by the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) in a recent case. “This ruling will enable a taxpayer to…

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How to Get your Bank balance,Mini statement,transfer balance without internet via ussd

June 18, 2018

Previously we posted regarding ‘How to get the balance for all the banks by just giving a missed call’,Hope you enjoyed it a lot and have started using it ,Today we are introducing another service for bank users,where you can use the banking services without any internet or app. This service can be very useful for us ,we can easily transfer our funds,get the balance or mini statements ,the best…

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Jio 100Mbps broadband plan with free video, video calls will cost under Rs 1000

June 18, 2018

Jio’s broadband service– JioFiber– is expected to launch by the end of this year but the company has already started rolling out its plans in select cities. There was a recent report from The Hindu that said that the company has launched a 1.1TB of free data at a speed of 100mbps in select cities and now a new report suggests that company may launch a broadband plan under Rs…

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iPhone 9 may come with 3 rear cameras, may offer features like 3D sensing and 3X zoom

June 18, 2018

Last year when the iPhone 8 Plus and the iPhone X were launched, they came with two rear cameras. This year the iPhone 9 and the successor to the iPhone X (if there is one) are going to come with 3 rear cameras, notes an analyst. Deutsche Securities analyst Jialin Lu believes that on the basis of information coming from Taiwan, where a lot of component suppliers are based, it…

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Modi government mulls Rs 10,000/month pension for all Indians-with APY revamp

June 18, 2018

PM Narendra Modi government is mulling significant changes in Atal Pension Yojana (APY), in accordance with fresh proposals sent by Pension Fund Regulatory and Development Authority (PFRDA). The proposals include: a) increasing the current pension limit of Rs 5000/month under APY to Rs 10,000 per month. b) The PFRDA has also asked the government to consider automatic enrollment of citizens in APY. c) Raising the maximum age bar under the…

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Airtel revises Rs 99 prepaid plan to take on Jio, offers 2GB data

June 18, 2018

The fight is still on, nearly two years after Jio entered the scene. And price of data for phone companies continue to fall. To counter Jio Rs 98 plan, which gives prepaid users 2GB 4G data for 28 days, Airtel has revamped the Rs 99 plan for prepaid users. Now this plan will give consumers 2GB high-speed data with validity of 28 days, just like what the Jio plan offers….

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Received any PDF notice on WhatsApp? The blue tick is proof enough to land you in trouble

June 18, 2018

New Delhi: Any notices or messages sent via Whatsapp will now be considered as a valid piece of evidence under the law, according to the Bombay High Court. If the ticks on the messaging app are blue – meaning read – then it is considered as proof that the physical copies of the messages have been accepted the respondent. Recently Bombay High Court was hearing an application filed by SBI Cards…

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Income Tax rules: All you need to know about standard deduction benefit

June 18, 2018

New Delhi: For the financial year FY19, all salaried employees and pensioners will be eligible for a standard deduction of Rs 40,000 from their taxable income. Finance Minister Arun Jaitley reintroduced standard deduction in this year’s budget in lieu of the transport allowance (Rs 19,200 per annum) and medical reimbursement (Rs 15,000 per annum) which a salaried employee was claiming earlier. The net impact of the introduction of standard deduction and…

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WhatsApp has stopped working for devices on Android 2.3, iOS 6, Symbian S60

June 18, 2018

WhatsApp has stopped working on some of the old mobile operating systems and it also plans to curb services for some others in a few years. The Facebook-owned online chat app updated this information on its mobile devices support page last week. Many of the devices that will now become unsupported are those which are still working on the old Android, iOS, Windows Phone OS, BlackBerry OS, and more. As per the…

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Petrol, Diesel Prices Today In Your City: Five Things To Know

June 18, 2018

Petrol and diesel prices were kept unchanged on Monday, June 18. That marked the third straight day of steady prices for petrol and the first in case of diesel. Petrol and diesel prices have eased somewhat from record highs touched in some cities last month. However, the relief so far this month is to the tune of Rs. 2 per litre for petrol prices in Delhi, Kolkata, Mumbai and Chennai,…

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Income Tax E-Filing Deadline: Use Tax Calculator To Ascertain I-T Exemptions Accurately

June 18, 2018

As the July 31 deadline to file income tax (I-T) return by salaried individuals draws closer, you would get unnerved in case you fail to cull out important nuggets of information required to file the income tax (I-T) return accurately, especially when you don’t have a tax expert to fall back upon. Remember that the incorrect return is likely to draw the tax department’s attention, which might even send a…

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