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News
April 2016
April 2016 News
IT department
01 Apr 2016
IT dept notifies new ITRs; taxman eyes those earning over Rs 50 lakh
Filing for the new forms begins with the onset of the new financial year today.
New financial year
01 Apr 2016
New financial year: Changes that will impact you from April 1
As we welcome the new financial year 2016-17 from Friday, a host of changes announced by the government will come into effect from Friday.
April 2016
01 Apr 2016
List of items getting costlier and cheaper from Friday
Indian Railways
01 Apr 2016
Indian Railways: Full train fare for children from 5 to 12 years from today
From today (April 01, 2016), children of the age group of 5 to 12 years of age will be charged full fare instead of half as the Railways has revised the child fare rule.
Low-income bracket
01 Apr 2016
Get personal tax exemption of additional Rs 30,000 from Friday
Those earning up to Rs 5 lakh a year will now get a tax relief of Rs 5,000, up from Rs 2,000 previously.
Indian Railways
01 Apr 2016
Indian Railways: Cancellation of counter train tickets by a phone call from today
One has to just dial 139, give details of the confirmed ticket and the sender will get a one-time password, which will help the passenger to claim refund.
First time home buyers
01 Apr 2016
New FY gift! First time home buyers to get additional tax benefit of Rs 50,000 from today
First time home buyers will get additional tax benefit for purchase of residential properties of value up to Rs 50 lakh from Friday.
senior citizens
01 Apr 2016
Good news for senior citizens! 50% more rail berths from today
Senior citizens will now have about 90 reserved berths for them in a train as the Railways has enhanced the reservation quota by 50 percent for the elders.
Small savings schemes
01 Apr 2016
New Financial Year shocker: Interest rates on PPF, NSC, other small savings schemes to be lower from Friday
Interest rate on Public Provident Fund (PPF) scheme will be 8.1 percent for the period April 1 to June 30, down from 8.7 percent.
Car insurance
01 Apr 2016
Car, bike insurance to be costlier from today
Motor insurance premiums, to be effective from today, have been hiked by up to 40 percent.
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