Technodealz - Technology Updates & News

  PNB: Rules for withdrawing cash from ATM, know what is the new way In view of the increasing cases of ATM fraud, after SBI, now PNB has also implemented OTP based cash withdrawal system.  These rules will come into effect from 1 December.  So this time when you go to the ATM, keep the mobile with you. This news is very important for customers of Punjab National Bank.  PNB is going to change the methods of withdrawing cash from ATM from December 1. PNB CHANGED THE WAY TO WITHDRAW MONEY FROM ATM Nowadays, in view of the increasing ATM frauds, PNB has implemented the OTP system to make it more secure to withdraw money from ATMs in the interest of its customers, which will start from 1 December 2021.  That is, upon withdrawing cash from ATM, now the customer will also enter a one time password (OTP) in addition to his PIN, which will be sent to the customer by the bank CASH FROM ATM WILL BE COLLECTED THROUGH OTP Punjab National Bank (PNB) is going to launch PNB 2....

  After filing ITR you did not get refund, then do this work immediately There is no need to panic if you have filed your Income Tax Return (ITR) for the financial year 2019-20 (FY-2019-20) and you have not received the refund yet. Because the technical updatation being done to speed up the process of tax return is being considered as the reason. In fact, many taxpayers had filed ITR in June-July itself, when they did not get tax refund, they raised voice on Twitter for refund. After this, the Income Tax Department said in a tweet that a new technologically upgraded platform (CPC 2.0) is being worked on to provide good services to taxpayers and faster processing of ITR. No information about timeline The department said that the income tax return of assessment year 2020-21 will be processed through CPC 2.0. Due to this the refund is delayed. However, the Income Tax Department has not given any timeline for the commencement of the income tax return process for migration and assessmen...

  New Travel Guidelines Under Unlock 5.0: All Important Things to Know Unlock 5.0: With October upon us, the Union Ministry of Home Ministry (MHA) announced guidelines for Unlock 5.0 with new relaxations for the next phase of lockdown. While the center has allowed more economic activities outside the containment zone, here’s looking at travel-related guidelines issued by the ministry. The new unlock guidelines say that the International flights and travel for passengers remain suspended till October 31. “The international air travel, except those permitted by MHA, continues to remain shut,” the MHA said in the fresh order. The Directorate General of Civil Aviation (DGCA) in a statement mentioned that the ban will not apply to international all-cargo and international scheduled flights. Inter-state travel without restrictions has been permitted too and remains in effect. The pre-requisite norms had asked travelers to carry e-pass, e-permit etc to travel but the government recently l...

  Income Tax Act allows tax benefits up to Rs 2 lakh on NPS contributions: Know the eligibility The NPS was first launched as defined-contribution New Pension Scheme in January 2004 to change the defined-benefit Old Pension Scheme for presidency workers. The Income Tax Act allows people contributing to Tier-1 Accounts of National Pension System to declare mixed deductions up to Rs 2 lakh underneath totally different sections – up to Rs 1.5 lakh u/s 80CCD(1) and up to Rs 50,000 u/s 80CCD(1B). While there isn’t any restrict or restrictions on making quantity of voluntary NPS contributions to declare tax benefits up to Rs 50,000 u/s 80CCD(1B), a person has to fulfill some circumstances to declare tax benefits of up to Rs 1.5 lakh u/s 80CCD(1). Tax Benefits for Salaried Individuals The NPS was first launched as defined-contribution New Pension Scheme in January 2004 to change the defined-benefit Old Pension Scheme for presidency workers, who joined their providers after December 31, 20...

  All Indians Will Get E-Passport From 2021 Onwards What Are E-Passports? The Centre, on a trial basis, had issued 20,000 official and diplomatic e-passports embedded with an electronic microprocessor chip. Currently, the Indian passport is in a booklet format. If you apply for a new passport or re-issue of a current one in 2021, you will likely get the e-passport. This move might reduce the forgery as e-passports will be difficult to forge and help faster immigration for the passengers. The e-passports will follow the International Civil Aviation Organization (ICAO) standards. The official report indicated that all 36 passport offices in India will issue e-passports after the components of the personalization system are installed in the current issuance system. The e-passports will be incorporated without any disturbances to the current system and also without any increase in the current issuance time. On June 24, the External Affairs Minister S Jaishankar while emphasizing the ne...

  GST law committee to consider legal provisions against fake invoices on Wednesday The Directorate General of GST Intelligence’s (DGGI) recent crackdown against people who create fake bills resulted in the arrest of 25 people After launching a nationwide drive against fake Goods and Services Tax (GST) invoices that saw 25 arrests in just four days, the government is considering amending laws to check fraudulent claims of input tax credit (ITC) worth thousands of crores through bogus bills, a finance ministry official said. “An urgent meeting of the Law Committee of the GST Council is being convened on Wednesday [November 18] on this matter that will further tighten the GST registration process,” the official said, requesting anonymity. The Directorate General of GST Intelligence’s (DGGI) recent crackdown against people who create fake bills resulted in the arrest of 25 people. The agency has also identified about 1,180 entities and booked 350 cases against unscrupulous elements in...

  Rules on Train ticket reservation changed again – Know details here Indian Railway is going to change the timing of the second reservation chart. From October 10, the second reservation chart of the railway will be made 30 minutes before the train leaves. Due to the Corona virus epidemic, the Railways had changed this rule. The railway had decided to make the second reservation chart 2 hours before the train was abandoned. But again, changing the rules again, now again the second reservation chart will be made 30 minutes before the time of leaving the train. Ticket booking facility will be available online and at PRS ticket counters before preparation of the second chart. The Rail Information System Center (CRIS-CRIS) will make necessary amendments in the software to restore the chart making technique 30 minutes before the train leaves. The first reservation chart of the train is prepared 4 hours before the train leaves. After changing the time of the second chart, now there will...

  WhatsApp payments: How to setup, send and receive money If you have WhatsApp Payments option in the app, let's take a look at how you can set up your account, and send and receive money. WhatsApp Payments will finally be available to a larger number of users in India. The  Facebook -owned messaging app has been testing its payment service in the country for over a year. It promised that the payment feature will be available for everyone by end of the year and the service will now be rolling out officially given the National Payments Corporation of India (NPCI) has given approval to WhatsApp. However, the payment service will only be rolled out to 20 million WhatsApp users and the messaging app has over 400 million users in India. That’s because NPCI has said that a 30 percent cap will be implemented on total payment volumes via every third party payments app from January 1, 2021. The existing third-party UPI apps will be getting two years to comply with the terms. Now, if yo...

  NVSP Voter ID Status and Name Search Online Voter ID card enables all of the citizens to cast their votes in favour of their leader. Step-by-step procedure through which you can check your Voter ID Status and you can track your online application status of a voter ID card at the official portal of Government of India. Know Voter ID Status Online :- The card can be used as an identification card while filling out the forms for different schemes or incentives as issued by the government of India. Overall, the importance of the voter ID card is much more than all of the other documents which are designed in India. Overview of Voter ID Status Name Voter ID Card Launched by Election Commission Beneficiaries Citizen of the country Objective Providing Voter ID Card Official website https://www.nvsp.in/ Registering In NVSP Portal To register yourself in the national voter’s service portal you need to follow the simple procedure is given below:- Visit the official website. On th...