New Delhi: India Post or Department of Posts provides a host of financial and retail services to its customers. Just like commercial banks, it offers savings account, fixed deposit account, monthly income scheme, senior citizen savings scheme, recurring deposit (RD), Kisan Vikas Patra, Sukanya Samriddhi account, etc. One can open a savings account in India Post […]
New Delhi: The Union Cabinet chaired by the Prime Minister Narendra Modi approved the proposal for introducing the Taxation Laws (Amendment) Bill, 2019 in order to replace the Ordinance. All economic developments after the enactment of the Finance (No. 2) Act, 2019 along with the reduction of rate of corporate income tax by many countries world […]
New Delhi: The Employees’ Provident Fund Organisation (EPFO) now offers the facility of submitting EPF nomination details of your employee’s provident fund (EPF) account online through its official website. Note that earlier, you could only submit your nomination details through the offline mode by providing the details to your employer. If you have an active EPF […]
New Delhi: Getting a passport is a lengthy and protocol-driven process as relatively compared to obtaining other national identities including a voter’s ID card, driving license, UIDAI-controlled Aadhaar card, Income Tax Department-issued PAN card etc. But, nowadays, the exercise of acquiring a passport has become slightly easier with the advent of Passport Seva Kendras (PSKs). […]
New Delhi: The Indian Railway Catering and Tourism Corporation (IRCTC) offers the ticket booking facility to all the foreign tourists having a valid passport. With the foreign tourist quota, all the foreign nationals including non-resident Indians (NRIs) can reserve seats on the trains operated by the Indian Railways. IRCTC levies different charges for the registration […]
The Ministry of External Affairs is warning citizens to be careful while applying or renewing their passports as there is a steady rise in fake websites that claim to offer passport related services. These fake websites not only charge exorbitant fees but also gather crucial personal data of applicants. Apart from multiple fake websites, the number of mobile applications […]
New Delhi: Good news for EPF subscribers! Three news apps have been launched for the benefit of EPF subscribers. Santosh Kumar Gangwar, Minister of State (I/C) for Labour and Employment launched three new apps on Friday. The three apps- UAN Registration, e-Inspection and Digi Locker are developed by Employees’ Provident Fund Organization (EPFO) and were […]
New Delhi: Being parents it is important to define the thin line between needs and wants to your children. Bank account for children help parents to create a corpus for their kids and explain to them the basics of money management. If your child has not attained 18 years of age, then you can open […]
The telecom industry has currently seen a lot of debate among telecom operators with regards to the Interconnect Usage Charge (IUC), with Jio finally beginning to charge its customers for the same for all outgoing calls. While a resolution to that issue is yet to be seen, the Telecom Regulatory Authority of India (TRAI) has […]
LUCKNOW: Driving licences and registration certificates for vehicles would now sport a uniform ‘smart’ design across the country. The new layout features an emergency contact number. In case the person driving a vehicle is involved in an accident, bystanders would be able to reach our to his/her family using the the emergency contact number. The […]
The Supreme Court on Tuesday transferred to itself all cases, related to the linking of social media profiles with any government ID, including Aadhaar and WhatsApp traceability, pending in different high courts to regulate social media misuse. It will also examine whether liability could be fastened on intermediaries like Facebook and WhatsApp to decrypt messages […]
I am 37 years old. I want to leave my job and start my own business. I don’t want to withdraw my money from my existing EPF account till I am 58. Is it safe to leave the money in the EPF account, considering it will lie dormant for a long time? Ankur Choudhary, Co-Founder […]