Using UPI app? What to do if lose your mobile phone

Unified Payments Interface (UPI) allows users to transfer money any time, on a real-time basis, without revealing details of one’s bank account to the other party. It allows safer and hassle free payments of your electricity, broadband and mobile bills. The simple, hassle-free three-year old payment system launched by National Payments Corporation of India (NPCI), is gaining immense popularity. The number of transactions via UPI continues to rise, clocking 1.31 billion transactions in December. It is important for customers to be aware of all that would save them from online fraudsters. InRead More

Income Tax calculation for AY 2020-21: CBDT’s PAN, Aadhaar rules for employees explained

PAN/Aadhaar rules for AY 2020: Employees may end up paying a lot in tax if they don’t furnish PAN or Aadhaar before the employee (who is responsible for deducting TDS on salary). Such employees may end up paying over 20 per cent of their income in tax to the government!. The Central Board of Direct Taxes (CBDT) recently came out with a circular that explains what will happen if an employee doesn’t furnish PAN or Aadhaar to the employer for tax deduction at source on salary paid to the former. TheRead More

India to create its own WhatsApp! Govt proposes its alternative service for secure messaging

To improve confidentiality in official communications, the government is in the process of setting up its own instant messaging service for mobile phones. The platform, for which pilot tests are currently being conducted by the ministry of electronics and information technology (MeitY), will be named Government Instant Messaging Service (GIMS) and is expected to be rolled out later this year. Apart from Central government offices and departments, GIMS may also be used by state governments if they so desire, sources said. GIMS is a unified messaging platform being developed byRead More

PF Withdrawal Process Online: Conditions, Rules To Know Before Fishing Out Your Money From Provident Fund Account

PF Withdrawal Process Online: Provident Fund or PF is also called the Employees’ Provident Fund (EPF) Scheme. This is one of the most popular retirement-oriented investment schemes as it fetches 8.65 per cent as the PF interest rate. This PF interest rate is highest among all debt investments as it attracts zero risk. Apart from this, it helps the investor get income tax exemption on up to Rs 1.5 lakh invested in EPF account in a year under Section 80C. So, the PF or EPF investment falls under the ‘EEE’Read More

‘One nation, one ration card’ scheme to be implemented by June 1 across India

Patna: Union Minister Ram Vilas Paswan on Monday announced that the ‘One Nation, One Ration Card’ scheme will be implemented by June 1 across the country. “We will implement the ‘One Nation, One Ration Card’ scheme by June 1 in the whole country. Under this scheme a beneficiary will be able to avail benefits across the country using the same ration card,” said Paswan while speaking to the reporters here. Earlier on January 1, Paswan had said that this facility has been started in 12 states in the country on theRead More

Flipkart Republic Day Sale 2020: Offers on Mobiles, Electronics, Fashion, 10% Instant Discount ICICI, Kotak Credit Cards

Republic Day is around the corner so, make the most out the Flipkart Republic Day Sale 2020. The Republic Day sale happens to be one of the first sale of the year from Flipkart. The Flipkart Republic Day Sale 2020 on Flipkart starts 19th January 2020 and will be live till 22nd January 2020. Shop for the best offers and never before deals on a huge range of products across categories. Flipkart Plus member will get early access to the sale starting 18th Jan, 8:00 PM onwards. Shop your heart out before the prices rise andRead More

Amazon to create 1 million new jobs in India by 2025: Jeff Bezos

New Delhi: Just two days after unveiling its plan to invest an additional $1 billion (about Rs 7,000 crore) in India to help bring small businesses online, Amazon on Friday (January 17) said it would create 1 million new jobs in India by 2025 through continued investments in technology, infrastructure, and its logistics network. The US-based ecommerce company said the jobs – created both directly and indirectly – will be across industries, including information technology, skill development, content creation, retail, logistics, and manufacturing, and are in addition to the 700,000 jobsRead More

LIC Housing Finance launches offers to push sale of completed units

LIC Housing Finance on Wednesday announced a pair of limited-period offers to push sale of under-construction and unsold residential units. The announcement comes following a similar move by SBI. The offers will apply to purchases of units for which the potential borrower has received the occupancy certificate (OC). Under the ‘pay when you stay’ scheme, the borrower will be required to commence payment of principal only after they receive possession of the house or after 48 months from the date of first disbursement, whichever is earlier. Only interest on theRead More

Jio Cheapest prepaid plans explained here

Reliance Jio has introduced a new and cheap prepaid plan, which is good for internet benefits it offers. Here are all the details about this plan that has newly launched by Jio. Reliance Jio seems to have kick-started a whirlwind with a new prepaid plan which is surprisingly cheaper than the others. The company already has some prepaid plans that are offering the same benefits as the others, but are quite cheaper in comparison. In fact, where Vodafone Idea and Airtel are providing 2 GB data for the entire validityRead More

WhatsApp to comply with data norms for BHIM UPI-compliant payment service

Whatsapp’ s much-awaited BHIM UPI-compliant payment service, which has been dragging since 2016, is expected to be rolled out in the first half of the current year as the instant messaging platform is in the process of complying with data localisation regulations. Following this it will undergo a security audit before its gets the final approval from the Reserve Bank of India (RBI). Sources said the Facebook-owned platform is in the “advanced stages” of complying with the RBI norms on data localisation. “They are fulfilling the compliance criteria, following whichRead More