7th Pay Commission: Deductions on incentives proposed, here is how it works

July 9, 2019

New Delhi, July 07: With no good news on the 7th Pay Commission, there has been a proposal to have deductions on incentives. Many CG employees were left disappointed with none of their demands including one of a hike in the basic minimum pay not being addressed. Further the government proposed to increase the limit of exemption from the existing 40 per cent to 60 per cent of payment on final…

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All You Need To Know About “Interchangeability Of PAN And Aadhaar”: 10 Points

July 9, 2019

In Budget 2019, the government has proposed to provide “interchangeability of PAN (Permanent Account Number) and Aadhaar” to enable individual assessees to file income tax returns (ITR). The Unique Identity Number (UID) or Aadhaar number is a 12-digit identification number issued by the UIDAI or Unique Identification Authority of India under its biometrics-based personal identification programme Aadhaar, whereas the PAN is a 10-digit alphanumeric number issued by the Income Tax…

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SBI Customers Your Net Banking A/c May Be Blocked

July 9, 2019

Your net banking account of State Bank of India might be blocked if you do not register your mobile number with the bank before December 1. On its official website SBI said, “Customers who fail to register it before the deadline, will not be able to access the internet banking facilities of SBI. The website of SBI read, “Attention INB (Internet Banking) users, please register your mobile number with us…

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