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Showing posts from August, 2022

PAN, Aadhaar, GST; new rules to be effective from Sep 1 in India; check details here

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  Several new rules in relation to policy, banking and finance will be effective in the country from tomorrow, i.e, September 1, 2021. Implementation of new rules will facilitate the day-to-day functioning of various sectors in the country. Also, these updated rules will have a major impact on the lives of the common man or citizens of the country. Hence, it becomes important to know about these changes in detail. Read More:- Increase in toll tax, LPG price, PNB KYC update and other moves that may hit common man in September Here are the details about new rules to   come into effect from September 1, 2021 Linking of PAN card with Aadhaar The government has extended the deadline for citizens to link their Permanent Account Number (PAN) with Aadhaar till September 30, 2021. The deadline earlier was June 30, 2021, which was later extended by three months. However, now citizens are required to link their PAN with Aadhaar till the said date. Read More:- DCB Bank revises interest rates on th

जरूरी खबरHolidays In September: स‍ितंबर में 13 द‍िन बैंक और 8 द‍िन बंद रहेगा शेयर बाजार! अभी से न‍िपटा लें जरूरी काम

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  Holidays In September: सितंबर महीने में शेयर बाजार आठ द‍िन और बैंक कुल 13 द‍िन बंद रहेंगे. इन छुट‍ि्यों में शन‍िवार-रव‍िवार के अवकाश भी शाम‍िल हैं. ये भी पढ़ें –  रिलायंस AGM: देश की सबसे ज्यादा टैक्स देने वाली कंपनी बनी RIL, नौकरियां देने में भी रही नंबर 1 Holidays In September 2022: अगस्‍त का महीना खत्‍म होने में चंद द‍िन बाकी हैं. स‍ितंबर में भी अगस्‍त की तरह कई द‍िन बैंक और शेयर बाजार बंद रहने वाला है. अगर आपका स‍ितंबर में बैंक से जुड़ा कोई जरूरी काम है तो इसकी पहले से प्‍लान‍िंग कर लें. ऐसा नहीं करने पर आपको परेशानी हो सकती है. रिजर्व बैंक ऑफ इंडिया (Reserve Bank of India) के हॉलीडे कैलेंडर के अनुसार सितंबर में रविवार छोड़कर अन्‍य छुट्ट‍ियों के ल‍िए हॉलीडे कैलेंडर जरूर चेक कर लें. इसके अलावा स‍ितंबर के महीने में शेयर बाजार में आठ द‍िन कारोबार नहीं होगा. राज्यों के ह‍िसाब से होंगी छुट्ट‍ियां आरबीआई (RBI) के अनुसार सितंबर में कुल 8 छुट्टियां हैं. इसके अलावा 6 द‍िन की छुट्टी शन‍िवार और रव‍िवार की होगी. इस ह‍िसाब से पूरे महीने में कुल 13 द‍िन बैंक बंद रहेंगे. हालांक‍ि ये छुट्टियां अ

How to claim TDS refunds if you’ve missed filing ITR

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  The IT law provides a window under section 119(2)(b) to claim a TDS refund. TDS, or tax deducted at source, is done at the time of making certain payments, such as interest on bank deposits, salary, rent, etc, which can be claimed as refund by taxpayers if their final tax liability comes to be lower than the tax they have already paid through TDS. The Income Tax (IT) rules say that if the due date to file the Income Tax Return (ITR) has lapsed, taxpayers cannot claim a TDS refund. However, there are certain exceptions. The IT law provides a window under section 119(2)(b) to claim a TDS refund, exemption, deduction or any other relief under the Act. The section empowers Central Board of Direct Taxes (CBDT) to direct income tax authorities to allow any such claim even after the expiry of all the time limits to file the ITR. However, such claims will be allowed only if the non-compliance was because the taxpayer faced genuine hardship. Also Read : Income Tax News: I-T Department collect

Bank Holidays in September 2022: Banks to Remain Shut for 13 Days in Sep, Check Full List of Holidays Here

Bank Holidays in September 2022:  Banks will be closed for 13 days in September 2022 and these include weekends as well. Hence, it is important for all to plan their bank-related tasks to prevent any delays. As a norm, banks in India continue to work on the first and fourth Saturdays of the month, while the second and third Saturdays are considered holidays. All Sundays are considered a holiday. Read More:- International Flights: Vistara Announces Direct Flights Between Mumbai, Abu Dhabi From Oct 1. Check Full Schedule, Ticket Fare As per the Reserve Bank of India’s holiday calendar, the number of holidays in September has been set at eight, this includes September 10 which will be marked as Sree Narayana Guru Jayanthi in Kochi and Thiruvananthapuram. Notably, banks will be closed across the country on this day as it is also a second Saturday. The remaining weekends make up the rest of the five days of the 13-day bank holiday. FULL LIST OF BANK HOLIDAYS IN SEPTEMBER 2022 September 1:  

New ESI Contribution Rates: Eligibility, applicability and benefits for employees

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  The Employees’ State Insurance contribution rate which had remained unchanged since January 1, 1997, is being reduced from July 1, 2019. Employees working in establishments and contributing to the Employees’ State Insurance (ESI) will now have something to cheer about. The ESI contribution rate, which had remained unchanged since January 1, 1997, is being reduced from July 1, 2019. ESI calculations show that this reduction will help the contributory employee take home a higher pay. The move will also help increase the ESI registration across the country. Also Read :  National Pension System: How NPS death claim works during no nomination or invalid nomination ESI CONTRIBUTION RATE Under the Employees’ State Insurance Act 1948 (the ESI Act) the rate of contribution has been reduced from 6.5 per cent to 4 per cent of the wages. The employers’ contribution is being reduced from 4.75 per cent to 3.25 per cent and employees’ contribution being reduced from 1.75 per cent to 0.75 per cent e

New Wage Code: Industry stakeholders agree to cap allowances at 50% – details

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  New Wage Code:  At a crucial meeting of the Union Labour Ministry on Monday, industry stakeholders agreed to implement the new Wage Code with 50 percent allowances in the salary. The stakeholders have also asked the government to issue clear guidelines regarding exemptions. At the same time, the stakeholders said that the list of exemptions should not be open-ended. Read More:- Markets open lower; Sensex falls 601 points in early trade Apart from this, the stakeholders also requested the government to increase the gratuity provisions. Besides, the stakeholders have also sought a two-month time to implement the new rules from the date of the notification. Other issues like the participation of women workforce also figured during yesterday’s meeting. The government wants to increase the participation of women. It wants 50% of the total workforce to be women. Read More:- This Adani Group Stock Gains 47% in A Month, Rises 326% So Far This Year; Do you Own? The Labor Ministry has also ask

WhatsApp Tricks: Don’t want to get disturbed while travelling? Here’s how to go invisible on WhatsApp

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  New Delhi: Are you travelling and don’t want to be bothered by WhatsApp messages? There is, however, a way to remove the messaging app without deleting it. There are times when you don’t want to use WhatsApp or even receive messages through it. While you can mute all WhatsApp messages, this may give the impression that you are ignoring them or that something is wrong. Read More:- RuPay credit card-UPI linkage will enable UPI adoption among merchants with multiple use cases, boost P2M transactions: RBI If your smartphone’s mobile data or Wi-Fi is turned on, you will receive WhatsApp messages and will be unable to stop them unless you turn off your data. Even if you disable background data or keep WhatsApp closed, you will receive notifications for new messages. If you think that turning off the blue tick for your messages will help you ignore people on WhatsApp, think again. The app will not stop sending you messages, and disabling this feature means that the sender will not be able t

New ESI Contribution Rates: Eligibility, applicability and benefits for employees

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  The Employees’ State Insurance contribution rate which had remained unchanged since January 1, 1997, is being reduced from July 1, 2019. Employees working in establishments and contributing to the Employees’ State Insurance (ESI) will now have something to cheer about. The ESI contribution rate, which had remained unchanged since January 1, 1997, is being reduced from July 1, 2019. ESI calculations show that this reduction will help the contributory employee take home a higher pay. The move will also help increase the ESI registration across the country. Also Read :  National Pension System: How NPS death claim works during no nomination or invalid nomination ESI CONTRIBUTION RATE Under the Employees’ State Insurance Act 1948 (the ESI Act) the rate of contribution has been reduced from 6.5 per cent to 4 per cent of the wages. The employers’ contribution is being reduced from 4.75 per cent to 3.25 per cent and employees’ contribution being reduced from 1.75 per cent to 0.75 per cent e

ITRITR Filing FY 2021-22: Received notice from Income Tax on claiming refund? Do this work immediately to avoid

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  SHARE   TWEET   SHARE   EMAIL   COMMENTS New Delhi:  The last date for filing income tax returns was July 31. Now the income tax filers are being scrutinised by the department, and refund is being issued by the department to those whose TDS has been deducted in the last financial year. Some taxpayers may have got the refund. But some have got the notice of Income Tax Department. Such a problem occurs when the calculation of income and tax has gone wrong. Read More :  10 reasons you should use your credit card every time you shop HOW IT DEPARTMENT SCRUTINISING RETURNS Let us tell you that this time the Income Tax Department is scrutinising the returns through Artificial Intelligence based software. On this basis notice is being given to the taxpayer. If several claims are made simultaneously in different sections of the Income Tax Act, then a notice can come. In this case, the taxpayer has to verify or revise the ITR. FINES UP TO 200 PERCENT! Under Section 80G of Income Tax, you get t

Bank Holidays August 2022: Banks will be closed for 4 consecutive days from tomorrow, check the complete list before going to the branch

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  Bank Holidays August 2022: If you also have any work related to the bank, then you should settle it in every solution today.  From tomorrow, banks will remain closed for 4 days at different places in the country.  Let's check the complete list. Also read  –  Bank Loan Recovery: Now banks cannot forcibly recover loans, RBI has issued a new order Bank Holidays In August 2022:   16 days have passed in the month of August.  Banks are closed for many days in this month.  Let us tell you that a total of 18 days are bank holidays this month.  Many holidays are also falling in this continuously.  In this sequence, this week, banks will remain closed for 4 consecutive days from tomorrow at different places in the country.  In such a situation, if you also have any work related to the bank, then settle it today.  Reserve Bank of India (RBI) has released the list of holidays for August 2022.  Banks closed for 18 days in August  Significantly, the Reserve Bank of India (RBI) has divided the