State Bank of India (SBI) is offering instant life cover of up to Rs 40lakh to its customers. Under SBI Life – Sampoorn Surakasha, the State Bank of India’s customers can avail the life cover through SBI YONO app in no time. SBI says one can apply for this life cover in a few steps. […]
Continue Reading
If you are having difficulty in withdrawing PF money or have some other problem, now you can also complain to EPFO through your WhatsApp. The Employees’ Provident Fund Organization (EPFO) has started a WhatsApp helpline service for immediate resolution of the complaints of its shareholders. This facility includes other platforms for resolution of grievances of EPFO such […]
Continue Reading
The income tax department has sent SMSes to taxpayers on 29 March, related to mismatches between income tax returns (ITR) filed for FY2019-20 and high-value transaction. The department has asked taxpayers to either file a revised ITR by today or reply to the query on the compliance portal by 31 March. Three of the […]
Continue Reading
The Ministry of Finance has said that GST taxpayer with turnover of more than Rs 5 crore will have to furnish six-digit HSN or tariff code on the invoices issued for supplies of taxable goods and services. The rule has been effective from April 1, 2021. “With effect from the 1st April, 2021, it has […]
Continue Reading
When it comes to building a long term corpus for purposes like retirement, children’s education, nothing beats the popular Public Provident Fund (PPF) scheme in the country as it provides guaranteed tax-free return which is much higher than fixed deposit returns. Worth mentioning that PPF investments are categorised under EEE or ‘Exempt Exempt Exempt’ category, […]
Continue Reading
Many taxpayers who did not disclose high-value income in their income tax return (ITR) for the financial year 2019-20 have received scrutiny notices from the Income Tax Department. “The Income Tax Department has identified high value information which does not appear to be in line with the Income Tax Return filed for Assessment Year […]
Continue Reading
On April 1, the Financial Year end closing had led to some UPI and IMPS transaction failures at few banks. The National Payments Corporation of India in a tweet said that it had have observed that most of these bank systems are back to normal since the evening of April 1 while customers may avail […]
Continue Reading
Starting from April, the prices of non-subsidised liquefied petroleum gas (LPG) have been reduced across the country. State-run oil marketing companies — Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation — earlier announced to reduce the price of domestic cooking gas (LPG) by ₹10 a cylinder from this month. Now, a 14.2 kg non-subsidised LPG […]
Continue Reading
NCR Corporation, the maker of automated teller machines (ATMs) said that it has launched the first interoperable cardless cash-withdrawal (ICCW) solution based on the Unified Payments Interface (UPI) platform. City Union Bank has joined hands with NCR to install this new facility, the lender said. The bank has already upgraded its 1,500 ATMs to allow […]
Continue Reading
In a major relief to customers, Punjab National Bank (PNB) has announced that account holders who have accounts in Oriental Bank of Commerce (OBC) and United Bank of India (UNI) can continue to use old cheque book till June 30 2021 as the bank has extended the validity of cheque book till the said date. […]
Continue Reading
