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  Banks closed for 14 days in January 2021; check full list of national, regional holidays next month In January 2021, banks in India will remain closed for 14 days, including four Sundays along with second and fourth Saturdays, and one national holiday n January 2021, banks in India will remain closed for 14 days, including four Sundays along with second and fourth Saturdays, and one national holiday. According to the Reserve Bank of India (RBI), these holidays may differ from state to state and be different in various banks. Customers are advised to plan their bank-related work accordingly, in order to avoid any last-minute trouble. While banks will remain closed on these days, mobile and internet banking will remain functional. As for the year 2021, banks across India will remain shut for more than 40 days. It may be noted that the dates given below were informed by RBI under the Negotiable Instruments Act. National Holidays 01 January 2021- New Year’s Day 03 January 2021- Weekl...

  No Need to Renew Your Vehicle RC, License on Jan 1; Validity of Vehicle Docs Extended Till March 31 Ahead of this, the Government had extended the date from September 30 to December 31. This includes driving license and vehicle fitness certificate in view of the COVID-19 pandemic. The Union Ministry of Road Transport and Highways has extended the validity of vehicular documents like Driving Licences, Registration Certificates, Permits etc. till March 31, 2021. Ahead of this, the Government had extended the date from September 30 to December 31. This includes driving license and vehicle fitness certificate in view of the COVID-19 pandemic. The Centre had earlier, through an advisory on March 30, announced an extension of the validity of fitness certificate, permit (all types), driving license, registration or any other concerned document till June 30. In order to facilitate citizens during the period and conditions for prevention for COVID-19, the ministry had also ...

The CDC issued new guidance about the COVID-19 vaccine for people with underlying medical conditions The Centers for Disease Control and Prevention (CDC) issued new guidance on Saturday for those with underlying medical conditions, saying they can receive the COVID-19 vaccine as long as they "have not had a severe allergic reaction to any of the ingredients in the vaccine." The CDC specifically issued guidance for those with HIV, weakened immune systems, and autoimmune conditions like Guillain-Barre syndrome and Bell's palsy. Nearly 2 million people in the US have received the first of two doses of the vaccine as of Saturday, according to the CDC, but it still urges people to follow health guidelines. The Centers for Disease Control and Prevention issued new vaccine guidance on Saturday for people with underlying medical conditions. The CDC said that people with underlying medical conditions are at an increased risk of "severe illness" from the coronavirus and c...

  FASTag: new rule from 1st jan, fastag mandatory for every vehicle Earlier, his ministry has issued notifications about this in November. Fastag (FASTag) is going to be mandatory for all vehicles in the country from 1 January 2021.  Union Road Transport and Highways Minister Nitin Gadkari has said this.  In a virtual event on Thursday, the minister confirmed that fastag will be mandatory for vehicles from 1 January 2021.  Earlier, his ministry has issued notifications about this in November.  Gadkari also said that people will not have to stay for payment at toll plazas due to fasting.  The toll will be cut automatically, which will help in saving time, fuel. The payment of toll at the toll plaza is done electronically through Fastag.  It started in 2016.  The ministry's November notification also stated that from January 1, 2021, Fastag will be mandatory for new vehicles as well as vehicles sold before December 1, 2017.  According to the Ce...

  High Security Registration Plates Mandatory In Delhi: Here’s How To Apply Online, Documents Needed There are around 30 lakh vehicles in the national capital running on the roadRs which are required to be affixed with HSRPs. New Delhi:  The road transport authority of Delhi has made it mandatory for the vehicle owners to install a high-security registration plate and color-coded stickers for all vehicles sold before April 2019. Violators in Delhi can be fined up to Rs 10,000, which is compoundable to Rs 5,500 under the amended Motor Vehicle Act. The transport department of the national capital on Tuesday issued 238 challans for HSRP and color-coded sticker violation under “limited” enforcement drive. As per reports, the Delhi transport department is set to start a major enforcement drive with 50 teams soon. According to data from Delhi’s transport department, there are around 30 lakh vehicles including 16 lakh two-wheelers, 12 lakh four-wheelers, and two lakh commercial ...

  No more relaxations: Updated driving licence, registration certificate must for all drivers from Jan 1 For those those holding expired vehicle documents such as driving licence, fitness certificate and registration certificate, you must soon apply for its renewal because the move to exempt holders of lapsed documents from prosecutions is set to end on December 31. For those those holding expired vehicle documents such as driving licence, fitness certificate and registration certificate, you must soon apply for its renewal because the move to exempt holders of lapsed documents from prosecutions is set to end on December 31. The exemption, that has been in place for nine months, was introduced owing to the coronavirus-induced lockdown in the country, sparing drivers with expired vehicle documents from challans. But it is finally coming to an end, i.e. vehicle owners will finally need to start renewing their expired documents once again. The final deadline, i.e. the one till 31...

  Income Tax refunds alert! Important ITR message from CBDT – What I-T return filers should know Income Tax Refunds: In a major development, the income tax department has said that it has issued refunds of over Rs 1.48 lakh crore to more than 1.02 crore taxpayers till December 14. Income Tax Refunds: In a major development, the income tax department has said that it has issued refunds of over Rs 1.48 lakh crore to more than 1.02 crore taxpayers till December 14. Of this, personal income tax refunds worth Rs 45,264 crore and corporate tax refunds of Rs 1.03 lakh crore have been issued. “CBDT issues refunds of over Rs 1,48,274 crore to more than 1.02 crore taxpayers between April 1, 2020, to December 14, 2020. Income tax refunds of Rs 45,264 crore have been issued in 1,00,02,982 cases and corporate tax refunds of Rs 1,03,010 crore have been issued in 2,00,854 cases,” the department said in a tweet. The CBDT is the administrative authority for the tax department. Meanwhile, the Income...

  Here are 4 ways to check your PF balance after EPFO to credit 8.5% interest for 2019-20 EPFO is likely to credit 8.5 per cent rate of interest for 2019-20 in the employees' provident fund (EPF) accounts of around six crore subscribers in one go by the end of December,  reported news agency PTI. Earlier in September this year, the Employees' Provident Fund Organisation had decided to split 8.5 per cent interest into two installments of 8.15 per cent and 0.35 per cent in its trustees meet headed by Labour Minister Santosh Gangwar. Here are 4 ways you can check your PF balance:  Check EPF Balance via Umang App:  With the Umang app, employees can access their EPF balance on their smartphones without any hassle. The Government introduced the Umang app to generate access to a range of government facilities. Using the app, you can access EPF Passbook, raise or track claims, and more.  Step 1 Download and install the Umang app on your mobile  Step 2 Launch the ap...

  Rules changing from January 1: Everything you need to know in detail As some rules are changing from January 1, 2021, it is necessary to know about them in detail. any rules from cheque payment, LPG Cylinder prices, GST to UPI transaction payment are changing from January 1, 2021. As these rules are linked to everyone’s day to day life, therefore you need to know about these rules. 1. CHEQUE PAYMENTS To keep a check on banking frauds, the Reserve Bank of India decided to introduce the ”positive pay system” for cheque payments. In this system, there may be a requirement of re-confirmation of the key details for the payments above Rs 50,000. This rule of a positive pay system will come into effect from January 1, 2021. The positive pay system facility can be availed by the account holders of their choice. Banks may think about making it necessary for cheques with amounts of Rs 5 lakh and higher. 2. CONTACTLESS CARD TRANSACTIONS LIMIT From January 1, the RBI has said to increase the...

EPFO 6 crore people will get the gift in December, EPFO ​​took this decision! The Employees Provident Fund Organization (EPFO) will deposit a lump-sum of 8.5 percent interest in the Employees Provident Fund (EPF) accounts of around 6 crore shareholders for the financial year 2019-20 by the end of December.  This decision of EPFO ​​is very happy news for the employees across the country.  Earlier in September, the EPFO, under the chairmanship of Labor Minister Santosh Gangwar, decided to pay this interest in two installments.  8.15 percent interest was to be paid in the first installment and 0.35 percent in the second installment.  PTI has quoted sources as saying that the Labor Ministry has sent a proposal to the Finance Ministry to pay 8.5% (full interest at one time) interest rate on EPF for 2019-20 at the beginning of this month.  The finance ministry can approve this proposal in a few days. In this case, full interest can be paid this month.  The financ...

  WhatsApp Will Stop Working on These iPhones and Android Phones In 2021 WhatsApp ends support for older iOS and Android smartphones at the end of each calendar year. Last year, WhatsApp ended support for smartphones running on iOS 8 or older, and Android phones running on version 2.3.7 or older. With the year 2020 coming to a close, Facebook-owned messaging app WhatsApp is also said to end support on some old Android and iOS smartphones. As the calendar year comes to a close, WhatsApp is ending support for Android phones and iPhones that run on dated operating system. It is being said that the Facebook-owned messaging app will stop working on smartphones that are not running on at least iOS 9 or Android 4.0.3 operating systems. WhatsApp’s support page recommends users to use the latest version of their operating system in order to enjoy all features, and says that WhatsApp for iPhones requires iOS 9 or later, while WhatsApp for Android is running on Android 4.0.3 and newer. While ...

  PM-WANI Announced by Indian Govt to Bring Free Public Internet Access for All Union minister Ravi Shankar Prasad explained the Indian government’s public wi-fi access plan, stating that while service providers will be giving no licensing fees and an easy registration process, users will be able to access services through an app. The Indian government has announced the launch of PM-WANI, a cross-nation public Wi-Fi access system that will aim to provide free, easy to access internet connectivity for all. PM-WANI, or Prime Minister W-Fi Access Network Interface, will be set up as a service that connects all of India to internet services, and comes a day after Reliance Industries chairman Mukesh Ambani spoke about the government adopting policies that help the underprivileged get access to smartphones and internet services, in a bid to bring about an all-round digital empowerment. Explaining how the PM-WANI wi-fi service will work, union telecom minister Ravi Shankar Prasa...

  This new rule for cheque payments is coming into effect from 1st January 2021 – What you must know A new rule for cheque payments is all set to come into effect from 1st January, 2021.  A new rule for cheque payments is all set to come into effect from 1st January, 2021. The new rule has been designed in order to check banking fraud. The Reserve Bank of India has decided to introduce from January 1, 2021, the ‘positive pay system’ for cheques, under which re-confirmation of key details may be needed for payments beyond Rs 50,000.  Availing of this facility would be at the discretion of the account holder. However, banks may consider making it mandatory in case of cheques for amounts of Rs 5 lakh and above. Positive pay system: What it is? How it works? All you need to know – Under the positive pay system, the issuer of the cheque will be required to submit electronically, through SMS, mobile app, internet banking or ATM certain minimum details of that cheque like date, ...