EPF withdrawal, transfer made easy. Checkout EPFO’s new feature for members

January 25, 2020

New Delhi: Withdrawal, transfer of Employees’ Provident Fund (EPF) has become easier now as EPFO has introduced a new facility in its Unified Portal wherein the employee can enter the date of his exit from his previous company on his own. Worth mentioning here is that if your date of exit from your previous employer is not updated in the EPFO’s system, then your EPF transfer, withdrawal request get stuck till…

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Law Ministry gives nod for Aadhaar Card linking with Voter ID: Take note of these new details

January 25, 2020

Aadhaar-Voter ID linking process gets Modi government nod! The Union Law Ministry has given its approval for Aadhaar Card Voter ID linking process, a proposal put forwarded by the Election Commission of India (ECI). The poll watchdog sought legal powers to resume the process of linking of 12-digit Aadhaar numbers with Voter ID. The poll watchdog has emphasized on the need of seeding of Electors Photo Identity Cards (or EPIC)…

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Big Bazaar Launches Mega Sale for Republic Day

January 24, 2020

On the occasion of 71st Republic Day, hypermarket chain Big Bazaar has come up with its biggest shopping festival- Sabse Saste 5 din – from January 22 to January 26, 2020. The massive sale will be accessed across all Big Bazaar, Big Bazaar Gen Nxt and HyperCity stores in the country. Speaking about hosting the first SSD this year, Big Bazaar CEO Sadashiv Nayak said, “Every household irrespective of the…

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Not sharing PAN/Aadhaar? Employees can lose over 20% of income in AY 2020-21!

January 24, 2020

PAN/Aadhaar rules for AY 2020: Employees may end up paying a lot in tax if they don’t furnish PAN or Aadhaar before the employee (who is responsible for deducting TDS on salary). Such employees may end up paying over 20 per cent of their income in tax to the government!. The Central Board of Direct Taxes (CBDT) recently came out with a circular that explains what will happen if an…

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RBI allows recurring payments using UPI for transactions upto Rs 2,000

January 24, 2020

The Reserve Bank of India, on January 10, said that the Unified Payments Interface (UPI) can be used for making recurring payments. With this, UPI users will be available to bypass the additional factor authentication (AFA) while making a payment to a regular merchant, as long as the amount is not more than Rs 2,000. An industry source told MediaNama that it remains to be seen as to who would use UPI…

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Loan Against Life Insurance Policy: Should You Go For It?

January 24, 2020

In India, life insurance policies are often marketed as investment products. While they are primarily aimed at providing a financial cover for the family in case of death of the bread-winner, insurance policies can also be used to raise money for your urgent needs.  If you are facing a sudden cash crunch towards a short-term need, you can consider availing a loan against your policy.  Eligibility Life insurance policies from…

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Which ITR Form is applicable on me?

January 24, 2020

The FY 2019-20 has already started. This also marks as the beginning of tax planning and declarations FY 2019-20. While filing your taxes the first and foremost step is to figure out “Which ITR Form is to filed? How to choose the appropriate Income Tax Return form? Is ITR Form once chosen is valid forever? What are the consequences of wrong selection and so on…” Through this guide we will…

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Know the difference between NEFT, RTGS & IMPS

January 24, 2020

Most individuals use one or the other method of online money transfer in their lifetime. The convenience of transferring money online helps an individual in making most out of the modern technology-based banking services. When it comes to transferring money from one account to another, most banks provide multiple options based on various factors and customer’s requirements. Currently, banks provide multiple transfer methods such as National Electronic Funds Transfer (NEFT),…

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Paying a home loan EMI or staying on rent? Know the tax benefits

January 24, 2020

Your residence – whether owned, rented or leased out – can give you to a range of tax benefits. Be it interest paid and principal repaid on a housing loan or rent paid to your landlord, the Income Tax Act allows deductions and breaks under various sections. In the last few years, several tax incentives have been announced – and some withdrawn. Here’s your guide to the tax breaks on…

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Paytm Mall Republic Day Sale Offers Cashbacks and Discounts on Smartphones, Laptops, and More

January 23, 2020

Continuing the trend of Republic Day special deals, Paytm Mall on Wednesday kickstarted a sale. Under the new sale, Paytm is offering a cashback of up to Rs. 10,000 on smartphones, up to Rs. 20,000 on laptops and cameras, and up to Rs. 20,000 on electronic appliances. The Paytm Mall Republic Day Sale will last till Sunday, January 28. The new sale includes offers, cashbacks, and discounts on a range…

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Govt allows 3 last dates for filing GSTR-3B for different categories of taxpayers

January 23, 2020

NEW DELHI : The finance ministry on Wednesday staggered last dates of filling GSTR-3B, a monthly return form, and has provided three dates for different categories of taxpayers, a moved aimed at de-stressing the system. Currently, the last date for filing GSTR-3B is 20th of every month. From now onwards, there will three dates — 20th, 22nd and 24th — of every month for different categories of tax payers. In past,…

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WhatsApp for Android gets Dark Theme with the latest beta update

January 22, 2020

WhatsApp has finally started rolling out its latest beta update that bumps the version number to 2.20.13 and brings the much-awaited Dark Theme for users. Before our readers get too excited, they need to understand that the new update is limited for beta users as of now, which means a broader rollout for everyone is on the cards. It could be available to everyone in the coming days or weeks….

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