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UIDAI dismisses reports about alleged theft of data of 7.82 crore Aadhaar holders

UIDAI dismisses reports about alleged theft of data of 7.82 crore Aadhaar holders

UIDAI said that it’s CIDR and servers are completely safe and fully secure and no illegal access was made and no data has been stolen from its servers.

Apr 17, 2019, 20:16 PM IST
Exclusion illness, diseases to come under health insurance cover, IRDA may soon announce new guidelines

Exclusion illness, diseases to come under health insurance cover, IRDA may soon announce new guidelines

After the announcement of the new medicaim policy, Insurance companies will have to include maximum diseases and ailments in the policy cover.

Apr 17, 2019, 15:36 PM IST
Irdai asks insurers to share status of claims with policyholders from July 1

Irdai asks insurers to share status of claims with policyholders from July 1

Irdai also asked insurers -- life, health and general -- to send all communication about issuance and servicing of policies through letter, e-mail, SMS or any other electronic form approved by it.

Apr 11, 2019, 09:04 AM IST
State Bank of India cuts loan rates by marginal 5 bps

State Bank of India cuts loan rates by marginal 5 bps

The new one-year marginal cost of funds-based lending rate (MCLR) is down to 8.50 percent now from 8.55 percent earlier, the bank said in a statement.

Apr 10, 2019, 08:57 AM IST
Taxmen to scrutinise mismatch between ITR and service tax returns

Taxmen to scrutinise mismatch between ITR and service tax returns

Mismatches were also noticed for the financial year 2016-17, for which data is being shared with the field offices.

Apr 08, 2019, 16:57 PM IST
ITR forms for AY 2019-20 notified – Complete list of ITR forms and their usage

ITR forms for AY 2019-20 notified – Complete list of ITR forms and their usage

The last date of filing Income Tax Return (ITR) is July 31 for those who are not required to get their accounts audited.

Apr 05, 2019, 17:33 PM IST
Income Tax department notifies ITR forms for AY 2019-20

Income Tax department notifies ITR forms for AY 2019-20

While there has been no change in ITR-1 or Sahaj, which is to be filled by the salaried class, some sections in ITR 2, 3, 5, 6 and 7 have been rationalised.

Apr 05, 2019, 15:35 PM IST
Paytm Payments Bank to offer risk-free insurance, mutual fund products by June: MD

Paytm Payments Bank to offer risk-free insurance, mutual fund products by June: MD

As on date, the Paytm Payments Bank has 4.4 crore savings bank account with deposit of over Rs 400 crore; and there are as many as 26 crore wallet accounts.

Apr 04, 2019, 10:38 AM IST
Government extends last date for Aadhaar-PAN linking by 6 months

Government extends last date for Aadhaar-PAN linking by 6 months

The Government on Sunday extended the last date for linking Permanent Account Number (PAN) with biometric ID Aadhaar till September 30.

Mar 31, 2019, 20:57 PM IST
Have you linked your Aadhaar card with PAN card? Deadline ends this week

Have you linked your Aadhaar card with PAN card? Deadline ends this week

The government has made quoting of Aadhaar card mandatory for filing income tax returns (ITRs) as well as obtaining a new PAN card.

Mar 27, 2019, 14:55 PM IST
What is the difference between Revised ITR and Belated ITR? Who needs to file it?

What is the difference between Revised ITR and Belated ITR? Who needs to file it?

The deadline for Revised ITR and Belated ITR is coming to end on March 31.

Mar 26, 2019, 12:07 PM IST
Deadline to file belated return ends this week – Know who needs to file belated ITR

Deadline to file belated return ends this week – Know who needs to file belated ITR

An income-tax return that filed after the due date is called Belated Return.

Mar 25, 2019, 18:11 PM IST
File revised Income Tax Return online for manually filed return – Know who needs to file revised ITR

File revised Income Tax Return online for manually filed return – Know who needs to file revised ITR

Revised return can be filed online under Section 139(5) of the Income Tax Act.

Mar 20, 2019, 11:07 AM IST
Corporation Bank cuts benchmark lending rate by 5bps

Corporation Bank cuts benchmark lending rate by 5bps

The bank has reduced the lending rate by 5 basis points (0.05 percentage point) across all tenors up to one year.

Mar 15, 2019, 12:41 PM IST
Kotak Mahindra Bank becomes first private sector bank to join ‘PSB Loans in 59 Minutes’

Kotak Mahindra Bank becomes first private sector bank to join ‘PSB Loans in 59 Minutes’

Kotak will offer loans up to Rs 1 crore to micro, small &medium enterprises (MSME) in India through this platform.

Mar 12, 2019, 14:35 PM IST
EPF transfer on job change to become automated from next fiscal

EPF transfer on job change to become automated from next fiscal

At present, the subscribers of the EPFO are required to file transfer of EPF claims on changing jobs despite having UAN.

Mar 11, 2019, 14:45 PM IST
Income tax exemption for gratuity enhanced up to Rs 20 lakh

Income tax exemption for gratuity enhanced up to Rs 20 lakh

The Payment of Gratuity Act, 1972 applies to establishments employing 10 or more persons. 

Mar 07, 2019, 17:35 PM IST
PM Modi releases new series of visually impaired friendly coins

PM Modi releases new series of visually impaired friendly coins

Modi released Rs 1, Rs 2, Rs 5, Rs 10 and Rs 20 in various denominations of coins released as part of the new series.

Mar 07, 2019, 13:03 PM IST
Government to roll out new 20-rupee coins soon: Here are the features

Government to roll out new 20-rupee coins soon: Here are the features

Shape and outside diameter will be 12 Edged  (Polygon) 27 mm coin.

Mar 07, 2019, 12:19 PM IST
Income Tax dept to issue only e-refunds from March, but PAN card linking is a must

Income Tax dept to issue only e-refunds from March, but PAN card linking is a must

Till now, the department used to issue refunds to taxpayers either in their bank accounts or through account payee cheques.

Feb 28, 2019, 11:27 AM IST