Technodealz - Technology Updates & News

  In a move to provide relief to consumers, the central government has decided to cut the price of a 14 kg LPG cylinder Read More:   AI will not replace you at your job but will change the way you work, latest UN Study says In a move to provide relief to consumers, the  central government  has decided to slash the price of a 14 kg  LPG cylinder  by Rs 200 under Ujjwala Scheme. Currently, a 14 kg LPG cylinder costs Rs 1053 in Delhi, Rs 1052.50 in Mumbai, Rs 1068.50 in Chennai and Rs 1079 in Kolkata. The oil companies increased the price of domestic LPG cylinders by Rs 50 in July. Earlier, the prices were increased twice in May. Read More:  UPI Plug-in: How it helps online businesses and makes payments easier? Expert answers The move will be taken ahead of Assembly polls in five states — Rajasthan, Chhattisgarh, Madhya Pradesh, Telangana and Mizoram — scheduled for later this year. Pradhan Mantri Ujjwala Yojana (PMUY)  was launched by Prime Minister...

  Banks will remain shut in some states for  Sri Krishna Janmashtami , Ganesh Chaturthi, Maharaja Hari Singh’s birth anniversary, and Eid-i-Milad-ul-Nabi. Read More:   Indian Railways To Install Facial Recognition System At Over 200 Major Stations: Details Inside New Delhi:  As per the holiday calendar of the Reserve Bank of India (RBI), banks will remain closed for 16 days in September 2023 for various festivals, second and fourth Saturdays and Sundays. Customers planning to visit banks for urgent matters need to take note of the listed bank holidays in september. Nonetheless, internet banking services will be accessible on all days for customers. Banks will remain shut in some states for Sri Krishna Janmashtami, Ganesh Chaturthi, Maharaja Hari Singh’s birth anniversary, and Eid-i-Milad-ul-Nabi. Banks will remain shut on September 18 because of Varsiddhi Vinayak Vrata and Vinayaka Chaturthi. Moreover, Shree Narayana Guru Samadhi Day is observed on Sep...

  The Life Insurance Corporation of India ( LIC ) has launched an insurance plan – ‘Dhan Vriddhi’, a single-premium, non-participating endowment plan. The policy will be available for purchase up to September 30, 2023.  The policyholder gets a guaranteed maturity sum assured and loyalty addition at maturity, making it an alluring investment choice. Based on the covered life’s entry age and the single premium due, the guaranteed maturity sum assured is calculated. Read More:   SIP: What are the benefits of investing in a systematic investment plan? Will you get a good return? LIC Dhan Vriddhi Policy: Check Eligibility Depending on the insurance term chosen, the entry age for the plan ranges from 90 days to 8 years. On the other hand, depending on the term and policy decision made, the maximum entry age ranges from 32 to 60 years old. The basic sum assured is Rs. 1.25 lakh, with the option to increase it by multiples of Rs. 5,000. Read More:   Retirement Planning: What...

  The  income tax department  on Sunday reiterated that ITR filers need to verify their returns as soon as possible in case they have not done so yet. ITR is required to be verified within 30 days of filing it, failing which will lead to the rejection of your  ITR . So far, about 6.93 crore ITRs have been filed, out of which 6.69 crore have already been verified. The last date to file ITR for AY2023-24 was July 31, 2023. Those who filed their ITR before July 31 can verify it without any fine. However, if they fail to verify the ITR, it will be rejected and a fresh ITR will need to be filed with a late fee of up to Rs 5,000. Read More:  ITR: File ITR Now, Pay Tax Later! How does this government scheme work? “Dear Taxpayers, Do remember to verify your ITR within 30 days of filing. Delayed verification may lead to levy of late fee in accordance with provisions of the Income-tax Act, 1961,” Income Tax India said in a post on X. If you have filed your ITR, you have t...

  A GST certificate is issued to a business and serves as proof of its compliance with the country’s tax laws. A unique GST Identification Number (GSTIN) is provided on every document. Since the start of the Goods and Services ( GST ) tax in 2017, the indirect taxation system in India has undergone a significant change when it comes to computation of dues. To ensure greater compliance with the tax laws, GST certificates are issued to businesses that exceed a certain threshold in terms of annual turnover and registered with the government under the tax laws.  GST  certificates are a valid proof that the business in question is registered under the laws of the country. Here is everything you need to know about GST certificates, who needs it and how one can download it. Read More:   Q1 GDP Should Be Good As Quarter Went Well, Govt Priority Is To Tame Inflation: FM Nirmala Sitharaman WHAT IS A GST CERTIFICATE? A GST certificate is issued to a business and serves as proof...

  New Delhi:  The Delhi Development Authority ( DDA ) will start the online registration procedure for 5,500 units as part of its Phase IV housing programme today. According to the reports, the costs of flats under the DDA’s Phase IV housing project range from Rs 10 lakh for EWS to Rs 2.46 crore for HIG. Interested buyers must note that they would be given a 4-5-day window to tour sample flats at each location and book their preferred unit through an online platform. Also Read-   Delhi’s 3rd Heist in 10 Days; Businessman Robbed Of Rs 4 Lakh at Kashmere Gate | WATCH Under the scheme, registration will be open for 40 High Income Group (HIG) flats in Jasola, 200 Middle Income Group (MIG) flats in Dwarka and Narela. Along with 900 Economically Weaker Section (EWS) flats in Narela, registration can be done for a total of 4,400 Low Income Group (LIG) houses in Loknayak Puram, Rohini, Siraspur and Narela, according to a report be Live Hindustan. To qualify for EWS, a p...

  New Delhi:  In India, choosing the right platform to park your hard-earned money is an uphill battle as there are numerous options available in the market. But, the majority of people consider LIC for the same as it is backed by the government. In this article, we have curated each and every detail of the LIC Scheme i.e.  LIC New Jeevan Shanti Plan  no. 858. Read More:   Top 10 Govt Savings Schemes With Interest Rates; Check Benefits And Other Details LIC NEW JEEVAN SHANTI PLAN LIC’s New Jeevan Shanti (Plan no. 858) can be bought with a lump sum of money. It is a deferred annuity plan with a single premium that is non-linked and non-participating. At the start of the policy, the plan offers annuity rates that are guaranteed.  This plan offers the chance to buy both delayed and immediate annuities. Also, according to material on the LIC website, this plan offers annuity payments of a specified sum for the duration of the annuitant. ANNUITY PLANS Currently,...

  About 6.91 crore ITRs have been filed for the current assessment year 2023-24. Out of these, 4.82 crore ITRs have been processed The revenue department is working on a mechanism to reduce the average period of processing and issuing  income tax refunds  to 10 days from 16 now. The new timeline is expected to be enforced this financial year, according to a  Business Standard  report. Read More:  ITR: You may get income tax notice for using these tactics to save tax CBDT  Chairman Nitin Gupta last month also said the average time taken for issuing refunds by the income tax department has been brought down “significantly”. In the year 2022-23, 80 per cent of refunds were issued in the first 30 days of filing of returns. He said the work of processing income tax returns (ITRs) has been “expedited” as the tax department is leveraging technology in a big way and was working to ensure ‘ease of doing business’ for the taxpayers by promoting voluntary complia...

  The passengers must note that all bookings made under the sale through the  Air India  website (airindia.com) and mobile app are free of the convenience fee. Also Read –  RBI Launches Portal UDGAM For Searching Unclaimed Deposits, Here’s How it Will Help Bank Customers New Delhi:  Air India announces a 96-hour sale across its domestic and international route networks. On domestic routes, the one-way, all-inclusive fares start from Rs 1,470 for Economy, and Rs 10,130 for Business Class. The Tata Group-owned company is offering similar fares for select international routes. The passengers must note that all bookings made under the sale through the Air India website (airindia.com) and mobile app are free of the convenience fee. Air India’s flying returns members can earn double loyalty bonus points on all tickets. HERE ARE SOME OF THE IMPORTANT DETAILS: Air India has launched a 96-hour sale on select domestic and international routes The Airline is offering disco...

  Employees drawing substantial salaries and having rent-free accommodation provided by their employers will now be able to save more and get a higher take-home salary Employees drawing substantial salaries and having rent-free accommodation provided by their employers will now be able to save more and get a higher take-home salary as the income tax department has revised norms for valuing such houses. The Central Board of Direct Taxes ( CBDT ) has notified amendments to the  Income Tax  Rules which will come into effect from September 1. Read More:  Income Tax Returns: ITR Filing in AY24 to Cross 7.8 Crore, 25 Pc to Leave Lowest Income Strata by FY47 | Takeaways from SBI Report As per the notification, where unfurnished accommodation is provided to employees other than the central or state government employees and such accommodation is owned by the employer then the valuation shall be: (i) 10 per cent of salary (reduced from 15 per cent) in cities having population ...