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Showing posts from September, 2023

Dry Days in October 2023 in India: Liquor Sales to be Banned for 5 Days Next Month. Check Full List

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  A dry day in India is a day on which the sale and/or serving of  alcohol  is prohibited. On dry days, liquor shops are closed and hotels, bars, and restaurants may not serve alcohol, unless there is a notification from the state excise department permitting them to do so. The purpose of dry days is to promote public order and safety, and to reduce alcohol-related problems.  Dry days  are also observed on religious holidays to respect the religious beliefs of the community. Read More:   Farmers in Punjab Begin Three-day ‘Rail Roko’ Protest LIST OF DRY DAYS IN 2023 October 2, Monday: Gandhi Jayanti October 8, Sunday: Prohibition Week (Maharashtra) October 24, Tuesday: Dussehra October 28, Saturday: Maharishi Valmiki Jayanti October 30, Monday: Harijan Day (Rajasthan) DRY DAYS IN OCTOBER 2023: STATE-WISE REGULATIONS AND DATES In India, the sale of liquor faces restrictions on specific days, either nationally or regionally, often tied to local occasions and e...

Life Certificate: Can a pensioner submit Jeevan Praman Patra through doorstep banking service?

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  The Government of India has eased the process of Jeevan Praman Patra’s submission for hospitalised or bedridden pensioners. These pensioners can also use  Digital Life Certificates  (DLCs) to expedite the process. The government is putting all efforts into improving the conditions of the pensioners. In a major development, it has asked banks that disburse pensions to appoint doorstep agents to help pensioners who are in hospitals or bedridden to furnish  Jeevan Praman Patra , commonly referred to as the life certificate. The Department of Pension & Pensioners’ Welfare has also come out with an order to create awareness among super senior pension holders, those aged 80 years or above, about the ease offered for getting digital life certificates through facial recognition. Read More:   Employees’ association announces bank strikes WHAT IS THE IMPORTANCE OF A LIFE CERTIFICATE? The roughly 69.76 lakh central government pensioners have to provide an existence p...

Will Your Bank Account Go Into Negative For Non-Maintenance Of Minimum Balance?

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  Banks are required to notify customers promptly through SMS, email or physical letters when their accounts fall below the minimum balance requirement. Many banks require customers to maintain a minimum balance in their  savings accounts , and failing to do so often results in the imposition of penalty charges. But what happens when these penalties are applied to an almost empty account? Can it plunge the account into a negative balance? We delve into this matter, highlighting the regulations set by the  Reserve Bank of India  (RBI) to prevent savings accounts from going into the red due to non-maintenance penalties. Read More:   Indian Railways To Change Timings Of 182 Trains From October 1 | Check Out New Time table Here Most banks stipulate minimum balance requirements for their savings accounts, and they have the authority to penalise customers who fall short of these requirements. The penalties imposed can vary significantly from bank to bank and even betw...

WhatsApp to stop working on older Android phones: check if your phone on the list

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  WhatsApp regularly updates its platforms with new features and security fixes to improve the user experience, privacy, and security. All WhatsApp versions, including Android, iOS, and the web, receives new system updates almost every month to adapt to newer operating systems. But with new updates for newer operating systems,  WhatsApp  also removes support for older or outdated operating systems so that it can focus on developing new technologies. In a recent announcement,  WhatsApp  stated that it will end support for smartphones running on Android OS version 4.1 and older after October 24.   Read More:   AI-powered WhatsApp Video Call The Latest Way To Dupe People Of Their Money “To choose what to stop supporting, every year we, like other technology companies, look at which devices and software are the oldest and have the fewest number of people still using them. These devices also might not have the latest security updates, or might lack the func...

RBI imposes penalty on 8 banks, got account in any of THESE?

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  New Delhi: The Reserve Bank of India (RBI) has imposed monetary penalties on eight Indian banks. Chhattisgarh Rajya Sahakari Bank, The Goa State Co-operative Bank, Garhaa Co-Operative Bank, The Yavatmal Urban Co-operative Bank, Jila Sahakari Kendriya Bank, Warud Urban Co-operative Bank, Indapur Urban Co-operative Bank, and The Mehsana Urban Co-operative Bank were among the eight banks. The penalties imposed on these eight banks ranged from Rs 1 lakh to Rs 40 lakh. Furthermore, the RBI imposed a monetary penalty on Spandana Sphoorty Financial, an NBFC. Read More:- Kajari Teej 2022: Date, significance, puja vidhi – check here Chhattisgarh Rajya Sahakari Bank Maryadit, Raipur: The Reserve Bank of India imposed a Rs 25 lakh penalty on this bank for failing to comply with certain provisions of the ‘Reserve Bank of India (Know Your Customer (KYC)) Directions, 2016’.  The penalty follows a statutory inspection of the bank by NABARD regarding the bank’s financial position as of Marc...

MUST KNOWFrom Rs 2000 Notes To Birth Certificate, These 6 Big Changes Will Impact Your Financial Life From Oct 1, Check Details

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  New Delhi:  You will experience many changes in your personal finance starting from October 1, 2023. The deadline for adding nominees for  mutual fund  folios, demat account, and trading accounts will end on 30 September 2023. New TCS rule on overseas expenses will also come into effect from next month. Moreover, September could be the last month for exchanging Rs 2,000 notes. Check the list of changes that will impact personal finance from 1 October 2023: Read More:  IRCTC: How to book tatkal tickets effortlessly with an automation tool, check details 1) ADD NOMINEES FOR ALL THE EXISTING  MUTUAL FUND The last date to add nominees for all the existing mutual fund folios, including jointly-held ones, has been set as 30 September 2023, failing which the folios will be frozen for debits. 2) LATEST TCS RULES If your overseas expenses on  credit cards  will exceed Rs 7 lakh, then you will be subject to a 20 per cent TCS from October 1. However, if su...

Income Tax Filing: How To File Advance tax Tax Online Via e-Filing Portal Using Challan 280 | Step By Step Guide

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  To facilitate the payment of various types of income taxes such as self-assessment tax and  advance tax , individuals are required to use challan 280, a government form designed for this purpose. According to The Economic Times report, it is important to note that there are two methods available for filling up and submitting  income tax  payments using challan 280: online and offline. Read More:   Income Tax Alert: CBDT extends due date for filing Form 10B/10BB, ITR-7 till THIS Date The report added even if an individual opts for the offline method, the process begins by downloading the challan from the e-filing  Income Tax Return  (ITR) portal, which means an initial online step is necessary. Here’s an overview of the online processes for tax payment using challan 280: Step 1: Visit the e-filing portal at https://www.incometax.gov.in/iec/foportal. If you haven’t logged into the e-filing ITR portal, you’ll find the ‘e-pay Tax’ button under quick...

India Online: What is the PM-WANI scheme that promises free WiFi access to all

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  The Prime Minister’s  WiFi  Access Network Interface or PM-WANI, launched by the Department of Telecommunication in December 2020, is one key scheme launched by the Indian government to bolster the penetration of public WiFi hotspots to establish a robust digital communication infrastructure throughout the nation, especially in rural areas. When launching the scheme in 2020, Prime Minister Narendra Modi put out a statement saying, “Historic PM-WANI (Wi-Fi Access Network Interface) scheme…will revolutionise the tech world and significantly improve  WiFi  availability across the length and breadth of India. It will further ‘Ease of Doing Business’ and ‘Ease of Living’.” Read More:   Article 370, One Rank One Pension, GST: PM Modi traces historic Bills in old Parliament building Needless to say, the PM-WANI scheme, holds the key to establishing an effective DPI or Digital Public Infrastructure, which is one of the cornerstones of the Delhi G20 Declaration. B...