PPF (Public Provident Fund) and NPS (National Pension Scheme) are mainly known as retirement-oriented savings tools and ultimately serve the same purpose. But, the ground zero reality is different. Most of the investment experts say that for an investor who wants flexibility in investment, PPF is a better option but […]
The Chinese smartphone manufacturer Xiaomi is set to launch its new fitness band – the Mi Band 4 – on June 11 in China. The news was confirmed by Xiaomi’s sub-brand Mijia which posted a launch teaser for the device on its official Weibo page. The Mi Band 4 will […]
Country’s largest life insurance company, Life Insurance Corporation (LIC) of India offers various life insurance term plans and LIC policies for citizens. Now, the corporation has come up with the new plan with the term of 20 years namely, LIC New Money Back Plan-20 Years. In which it offers a […]
Talking about allowance, HRA is among the most popular allowances available to employees for income tax exemption purposes. Once again the time of filing tax returns has arrived and many taxpayers are busy calculating their taxes and claims which can be made under Income Tax Return (ITR) filing. While the […]
On Tuesday, banks are closed across India because of Eid celebrations. That said, citizens would not be able to carry out financial transactions such as demand draft, cheque-related services, opening a bank account, cash deposits, investments or opting for loans, etc. Not only banks, even money market and stock exchanges […]
According to section 269ST of Income Tax Act, no person shall receive an amount of Rs 2 lakh or more from a person in a day. The government has introduced a cash transaction limit per day, which is also enacted in Finance Bill, 2017. That means, a person in a […]
In a relief to employers, the Income Tax department has extended the deadline for issuing Form 16 TDS certificate for the financial year 2018-19 to employees. In a recent decision, the I-T department has extended this deadline by 25 In a relief to employers, the Income Tax department has extended […]
Banks offer a contactless debit card facility as well, where you do not need to remember your debit card PIN and still carry out a cash transaction at Point of Sale (POS) machine. Imagine going to grocery mart or restaurant, and you decide to pay through your debit card. But […]
One of the forms taxpayers need to keep track of is titled ‘annual returns’. A taxpayer is required to file this under Goods and Services Tax (GST) system. For annual returns, filing GSTR-9 is a must. This form is required to be filed once every year by registered taxpayers such […]
If you are a State Bank of India (SBI) customer, then note that your lender provides you with multiple channels to link your Aadhaar card number to your existing bank account. Aadhaar card is among the most important identity documents asked by banks while opening a savings, current or recurring […]
