The income tax department has recently sent an advisory to taxpayers regarding the mismatch between disclosures in the income tax returns filed and the information received from the reporting entities. The reporting entities include a host of agencies like banks, stock market players, financial institutions, and mutual funds among others. According to the latest reports,…
On Sunday, WhatsApp, an instant messaging platform, announced that it had taken action against over 6.5 million problematic accounts in India during the month of May. According to a report by Zee News, this action was in accordance with the new IT Rules 2021. Out of the total banned accounts, 2.42 million were proactively banned…
Life Insurance Corporation (LIC) Mutual Fund plans to scale down the minimum limit of SIP to Rs 100 from the current Rs 300. At an event, the company’s MD and CEO RK Jha said that the Asset Management Company (AMC) is working with the registrar KFintech Service and will file an addendum early next month…
PM Kisan beneficiaries are eagerly waiting to receive the 14th installment of Rs 2000 which will be transferred to the bank account of the beneficiary of the scheme. A PM Kisan beneficiary will receive Rs 6,000 per year as part of its goal to give financial support to marginal and small farmers.Since the launch, more…
Air India 2023 Jobs Recruitment Notification. Air India inviting applications for the positions of Cabin Crew. Interested and Eligible candidates can apply for the positions. Last Date for Submission of Application is on 22nd May, 2023.No.of Posts and Vacancies :-Cabin Crew – Various Posts Qualification:The most important factor for a job is the qualification. Only…
High Court of Bombay at Goa 2023 Jobs Recruitment Notification. High Court of Bombay at Goa inviting applications for the positions of Personal Assistant. Interested and Eligible candidates can apply for the positions. Last Date for Submission of Application is on 31st May, 2023. No.of Posts and Vacancies :- Personal Assistant – 04 Posts Job…
Online bill aggregators such as SBI Unipay offer a common platform for paying all bills; attractive reward points are an added incentive for users to transact on these portals. Users of SBI Unipay, the online bill payment aggregator service of the country’s top bank SBI, have not been able to pay their credit card bills…
Employees’ Deposit Linked Insurance Scheme (EDLI) is intended specifically for salaried workers in the private sector offered by the EPFO. This system works in tandem with the EPF and the Employees’ Pension Scheme (EPS). If an accident occurs during the individual’s active service time, the nominee will get a lump-sum insurance pay-out. According to the…
The misconception that cashless transactions are less traceable by the Income Tax Department has arisen due to the increasing prevalence of such transactions. Nevertheless, this belief is incorrect. This is because banks and other financial institutions must notify the Income Tax department of transactions surpassing a specified threshold. This encompasses card payments, UPI transactions, as…
Google has collaborated with NCPI to enable Aadhaar based UPI activation on Google Pay. Google has partnered with the National Payments Corporation of India (NPCI) to enable Aadhaar-based authentication for UPI activation to further ease the user onboarding process on Google Pay. According to Unique Identification Authority of India (UIDAI), 99.99% of adults in India…