I moved out of India recently, but still hold a public provident fund (PPF) account. Can I deposit more money into this account, now that I am a non-resident Indian (NRI)? Will I be penalized if I do not deposit money into the account? —Name withheld on request NRIs can continue to invest up to ₹1.5 […]Continue Reading..
Property buyers can look forward to buying property at great prices during the ongoing e-auction of properties by Punjab National Bank (PNB). Punjab National Bank has also informed via a tweet that the bank is going to auction different types of property. According to the PNB tweet, the auction will be done on Monday (March 15). […]Continue Reading..
UAN number is Provided by EPFO to every employee. This happens the same throughout your life, no matter how many jobs you change. To activate UAN, the Employees Provident Fund Organization has described its process on its Twitter handle. If you work, then this news is very important for you because in the present time UAN number […]Continue Reading..
Aadhaar card is a very useful document and can be used for almost everywhere as photo identity or getting your KYC done. But do you know that you can also e-verify your ITR using Aadhaar card? Yes, it can be done, provided your Aadhaar is linked with PAN and your mobile number must be registered with Aadhaar. Earlier, one had to download the ITR-Verification […]Continue Reading..
The government on Sunday extended the deadline for filing GST annual returns for the 2019-20 fiscal by a month till March 31. This is the second extension given by the government. The deadline was earlier extended from December 31, 2020, to February 28. “In view of the difficulties expressed by the taxpayers in meeting this […]Continue Reading..
The Reserve Bank of India (RBI) has mentioned some days when the banking operations will remain closed in the month of March 2021. However, it must be noted that the bank holidays vary in various states as well not observed by all the banking companies. Banking holidays also depend on the festivals being observed in […]Continue Reading..
Income tax return filing deadline is July 31 and if you have filed your return, the last step is to verify it. According to the Income Tax Department, if you have filed your ITR but have not verified it, then the return will not be considered valid. Once you have filed your return, you can […]Continue Reading..
Government has started crediting interest in the Employees’ Provident Fund (EPF) Account and Provident Fund (PF) account. The Ministry of Finance is crediting 8.50 per cent Provident Fund interest rate into the PF and EPF account of the Employees’ Provident Fund Organisation (EPFO) members. However, if an EPFO subscriber is yet to get the PF interest […]Continue Reading..
EPFO launched an online facility for its subscribers to link their 12-digit unique Aadhaar number with their Universal (portable PF) Account Number (UAN) on Oct 2017. Using new facility eKYC at EPFO’s website www.epfindia.gov.in,EPFO members can online link their respective UAN with Aadhaar. In this process, your employer is not involved. Use eKYC portal if your Aadhaar […]Continue Reading..
EPFO Members Alert! The Employees’ Provident Fund Organisation (EPFO) has issued new guidelines for changing one’s Provident Fund (PF) account details like correction in name, father’s or husband’s name, date of birth, etc. In the new guidelines, EPFO members need to classify their PF account correction in minor and major and on the basis of […]Continue Reading..