February, 2018


For Serving E-Notices, Income Tax Department Notifies New Scheme

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New Delhi: The Central Board of Direct Taxes (CBDT) has notified a new centralised communication scheme for serving e-notices to income taxpayers as part of the government’s ambitious plan to usher in a countrywide paperless system of interface between the taxman and the assessee. The Central Board of Direct Taxes is the apex policy-making body of the Income Tax Department. The scheme stipulates that an internet-based independent Centralised Communication Centre (CCC) will be established in the Income Tax Department that will “issue notice” to any person (under Section 133C of the Income TaxRead More

GoAir, Jet Airways Holi offer: Flight tickets start from Rs 991

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New Delhi: With few days left for Holi, domestic airlines are offering attractive discounts on domestic flight tickets for the long Holi weekend. GoAir airline is offering domestic flight tickets starting at an all-inclusive price of Rs 991 on select routes while Jet Airways is offering up to 20 per cent discount on domestic flight tickets on select flights under it’s ‘Holiday Specials’ scheme. These discount offers can be availed from respective airline’s website or app. According to GoAir’s website, the discounted fares are part of its special ‘Holi longRead More

Deadline For Filing Late, Revised Income Tax Return Is….

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March 31 is approaching. It is the last date for filing belated or revised income tax return for assessment years 2016-17 (financial year FY2015-16) and 2017-18 (FY2016-17). “Belated or revised returns for AY2016 and 2017-18 can only be filed up to March 31, 2018 (with interest, if any, for late filing)” the Income Tax Department said in a communication issued in newspapers. Individuals having income more than Rs 2.5 lakh are mandatorily required to file income tax returns, the tax department said. For senior citizens (age 60 years and up to 80),Read More

UIDAI says no essential service or benefit can be denied of Aadhaar number

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New Delhi: Aadhaar-issuing authority UIDAI on Saturday said no essential service or benefit like medical facility, school admission or ration through PDS can be denied for want of the biometric national ID. In a statement, Unique Identification Authority of India (UIDAI) asked government departments and state administration “to ensure that no essential service or benefit shall be denied to a genuine beneficiary for the want of Aadhaar whether it is medical help, hospitalisation, school admission or ration through PDS”. “There are exception handling regulations issued by UIDAI vide its circular datedRead More

PM Modi Launches Nasscom FUTURESKILLS Platform to Upskill 4 mn IT Proffessionals

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PM Narendra Modi has unveiled FUTURESKILLS Platform during the inaugural session of World Congress on Information Technology (WCIT) 2018. Subsequently National Association of Software and Services Companies (NASSCOM) has developed this portal in order to upskill 2 million existing IT employees and skilling another 2 million potential employees and students over next few years. FUTURESKILLS is going to upskill the technology professionals in India and focuses on creating skills for future jobs in India. This platform aims at digital empowerment of youth and is major initiative towards “Digital India”. NASSCOM and CentralRead More

How to link Aadhaar to LIC Policies online within few minutes?

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It is now mandatory to link Aadhaar and PAN to all your Insurance Products like Life Insurance, Health Insurance or any other types of insurance you are owning. How to link Aadhaar to LIC Policies online within few minutes? IRDA yesterday (8th November 2017) came up with a circular that linking your Aadhaar and PAN number is mandatory for all your insurance products. The notification is as below. “Central Government vide gazette notification dated 1st June 2017 notified the Prevention of Money-laundering (Maintenance of Records) Second Amendment Rules, 2017 making Aaadhar and PAN/Form 60 mandatoryRead More

Here are the expected upcoming fuel prices for March 2018

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Fuel prices are likely to drop again at the end of February, giving motorists further relief following a 30 cents drop per litre for both grades of petrol in January. This is according to the Automobile Association (AA) which was commenting on unaudited mid-month fuel price data released by the Central Energy Fund. “International oil prices have been declining steeply since the start of February, and this factor has accounted for approximately half of the petrol price reduction, and more than two-thirds of the diesel price reduction,” the AA said.Read More

SBI Savings Bank Account Rate, Fixed Deposit Interest Rate And Other Details

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State Bank of India (SBI), the largest lending in the country, allows people to open both savings bank accounts and also lets customers invest in fixed deposits (FDs). Savings bank accounts provide a modest rate of interest to investors. On the other hand, rates offered by FDs are generally higher as compared to savings bank account interest rates. FDs are invested into for a fixed period of time like one year, two years or more. So the maturity date of an FD is pre-decided and so is its interest rate. Given belowRead More

Jio offers Rs 2,200 cashback on purchase of smartphones

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New Delhi, Feb 16 (PTI) Both existing and new customers of Jio can avail a cashback of up to Rs 2,200 on buying smartphones of 22 companies, including Samsung, Xiaomi, Nokia, Intex, Huawei and Blackberry. “JioFootball Offer brings Rs 2,200 instant cashback for new smartphones coming on Jio network,” company sources said. This offer from Jio counters existing cashback offers of its competitors in the range of Rs 1,500-2,000 on purchase of mobiles from select companies. The Jio offer is valid on first recharge done between February 15 to MarchRead More

Jio’s users new BUMPER offer to be launched tomorrow

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New Delhi, Feb 13  Starting Wednesday, Facebook will be available on JioPhone, a company statement said here adding that the app can be downloaded from the Jio Appstore by all existing and new users. “This new version of the Facebook app is built specially for Jio KaiOS, a web based operating system designed for JioPhone, so that its users get the best experience of Facebook. This will open up Facebook for potential 50 crore feature phone users in India,” the statement said. The new Facebook app for JioPhone supports push notifications,Read More