Monthly Archives: May 2019

Google Pay launches gold buying, partners MMTC-PAMP India

New Delhi: Tech giant Google Thursday said it has partnered with bullion refiner MMTC-PAMP India to allow Google Pay users to buy and sell gold through the app, a service that is already offered by the likes of Paytm, Mobikwik and PhonePe. Through this partnership with India’s only LBMA accredited gold refinery, Google Pay users […]

Your smart home devices could get you hacked

A few years ago, a major part of the internet on the United States’ eastern coast faced blackout following the biggest cyberattack in the history of the internet. The reason was Mirai malware which initiated the IoT botnet attack that affected many websites including, Netflix, Amazon, Twitter, New York Times, Spotify, CNN, and PayPal. After […]

How new H-1B visa reforms will trouble IT firms

For a lot of IT firms, the H-1B visa program has been a worthy source for talent. This program gives 85,000 visas to foreign workers every year, based on a lottery system. However, this system has been facing controversy, many believe that due to these visas, jobs of American workers are replaced by foreigners. Also, […]

E-invoicing may begin under GST

NEW DELHI: In what could radically transform the indirect tax administration system and the way business is conducted, India is looking at the possibility of introducing electronic invoicing under goods and services tax. If the country adopts the system, businesses will likely have to issue invoices, or bills, directly via the GST Network, and the […]

Double benefit: Here are 6 tax saving investments with tax-exempt returns

Starting April 1, the tax saving season is on and both the salaried and non-salaried taxpayers would have started comparing tax saving investment options for the financial year 2018-19. As an investor, one should look for investment options that not only helps you save tax but also generate tax-free income. While choosing the right tax […]

Paytm Mall plans to hire 300 people in next few months

Alibaba-backed Indian e-commerce firm Paytm Mall Sunday said it has hired 200 people across various functions and is planning to hire another 300 in the coming months. Paytm Mall is fast emerging as the preferred online-to-offline (O2O) platform across the country and has witnessed over 200 per cent growth for their O2O business in the […]

Income tax calculator for FY2018-19 and FY2019-20

Tax payable by you on the net taxable income will depend on the income tax slab applicable to your income. Interim Finance Minister Piyush Goyal in his budget speech today has proposed full rebate for individual income taxpayers with annual taxable income up to Rs 5 lakh. In addition to that, he has also proposed […]

Planning to settle abroad? Here’s how you can withdraw your EPF money

Before you pack your bags and fly abroad to work and settle there, make sure to pay heed to your Employee’s Provident Fund (EPF) account. While working in India, if you are contributing to EPF, then you are eligible to withdraw the amount and close the account. EPF rule As per the EPF Act, if […]

Explained: How your pension amount will change after the SC order

Salaried employees, including those in the private sector, recently had reasons to rejoice after a Supreme Court order to EPFO to change an old pension rule. The apex court order mandated that EPFO give full pension to all EPS subscribers. That means all retiring employees can now draw pension on the basis of actual salary, […]

IIT Madras campus hiring at all-time high, 964 students get job offers

KOLKATA: Placements at IIT Madras campus touched an all-time high this year with 964 students, including 97 who bagged pre-placement offers, getting job offers. It is a 15% increase over 2017-18 when 834 students got placed, including through the PPO route. The number of PPOs, too, increased this year to 136, compared with 114 in […]

IT/software sector to create maximum jobs in 2019: Report

Mumbai- With the increasing focus on technology across industriesNSE 0.23 %, the IT/software sector will continue to create the maximum jobs in the country this year, the report said. The booming IT/software sector reigns supreme by continuing to create the maximum jobs in the country, according to a report by online job portal Shine.com. Shine.com […]

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