How to protect yourself from OTP theft

February 5, 2019

A new form of one-time password (OTP) theft recently came to light in Bengaluru, according to a recent news report, wherein a fraudster posing as a bank employee asked for customers’ OTP for ostensibly updating their credit/debit card details. While techies in the city reportedly lost large sums of money, no one has been arrested yet. While fraudsters got innovative in Bengaluru, the problem of OTP theft is much wider…

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How to e verify IT return online? From net banking to bank account to Aadhaar, know all methods

February 5, 2019

Income Tax Return: Every year when Financial Year comes to an end, it rings alarm bells for Income Tax payers for I-T return (ITR) filing. Once a tax payer is through with the ITR filing, he has to get it verified by the Income Tax Department. Gone are the days when income tax payers used to send ITR V to CPC, Bengaluru for verification. Now, verifying e-return has been made…

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How To Calculate Income Tax For Assessment Year 2020-21

February 5, 2019

  From the announcement of a full tax rebate on an annual income up to Rs.5 lakh to a 25 per cent hike in standard deduction applicable to the salaried and pensioners, the Budget 2019 proposes few key changes to income tax laws. Once the new income tax rules come into effect, that is, from Assessment Year 2020-21, individual assessees’ tax outgo will change accordingly. Financial experts have shared few examples…

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India will have chip-based e-passport and simplified visa norms

February 5, 2019

India’s Prime Minister Narendra Modi, while addressing the 15th Pravasi Bharatiya Diwas (PBD) in his parliament residency on Tuesday, said that will soon replace its traditional paper passports with chip based e-passport. Modi was speaking at a convention in Gujarat focussed on non-resident Indians. He reportedly said that the embassies and consulates are connecting with the Passport seva project worldwide to introduce a centralised passport system. Talking of prioritising ‘happiness…

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