Central govt employees? Here is a list of facts you should know about your pension account

April 8, 2019

All central government employees are entitled to receive pension on their retirement. But, there is a eligibility criteria too. A central government employee should complete 10 or more years of service to receive the pension. A retiring pension is granted to a Government servant who is permitted to retire after completing qualifying service of 25 years. Currently, in India, pension is calculated at 50% of emoluments (last pay) or average…

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Amount debited but cash did not come out of ATM? Here is what you need to do

April 8, 2019

It is the festive season and cash withdrawal from automated teller machines (ATMs) will be used by number of people during Holi – the festival of colours. But, sometimes cash transactions from ATMs fail and the amount is debited from your bank account. The bank’s cash dispensing machine only kicks out a slip mentioning money has been debited from account. So, what to do whenever the ATM fails to release…

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PAN card-Aadhaar card link deadline extended: But, what happens if process is not completed even till September 2019?

April 8, 2019

The Income Tax department provided a major relief when it extended the deadline to link Permanent Account Number (PAN) card with 12-digit biometric Aadhaar number. The latter has already become a vital form of identification for the government as well as citizens. But, getting everyone to link their PAN card with Aadhaar card isn’t an easy task. There are many who have not followed the new rule which was set…

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