Month: May 2019

PAN card alert! CBDT issued this important notification – Must know to save Rs 10k penalty

Any resident entities that have made financial transactions worth Rs 2.5 lakh or more in the last fiscal need to apply for a PAN card on or before May 31, according to a notification issued by CBDT last…

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H1B Restrictions Will Impact Indian IT Employees: Less Profit For Indian IT Firms Expected

We’ve been strapped on with all the changes going on around the H1B visa norms since 2017. They’ve nothing but tightened under Trump’s administration, vigilant to secure maximum good quality jobs for American citizens. As we previously informed…

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RBI Will Charge Rs 5 Per RTGS Between 1 PM To 6 PM; PNB Again In Red With Rs 4750 Cr Loss

Reserve Bank of India has introduced some sweeping changes to the RTGS or Real-time gross settlement transactions. A premium fee of Rs 5 has been introduced, even as the time period for RTGS has been extended. Meanwhile, India’s…

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Govt. Wants Supreme Court To Penalise Whatsapp; PhonePe, m-pesa Slapped With Heavy Fine

Govt. and RBI has initiated a crackdown against mobile wallets for violating rules and regulations pertaining to digital payments. And that includes Whatsapp payments as well. Govt. to Supreme Court: Take Action Against Whatsapp Whatsapp has already started…

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

New Delhi: The Income Tax department has notified various forms related to I-T return filing for individuals as well as companies for the assessment year 2019-20. The Tax department has made no change in ITR-1 form or Sahaj,…

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Other Users Can See Your Passwords If You’re Using Google Chrome

There are hundred of social media websites and apps a single user has to manage these days and all these accounts come with their own set of baggage, particularly having to remember passwords. Now, the good thing about…

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2-Wheelers Running On Petrol Can Be Banned After 2025; Subsidy Of Rs 20,000/Kilo Watt Hr For E-Vehicles Proposed

In one of the major push towards adaptability of electric mobility in India, a high-level Govt. committee has recommended some sweeping changes pertaining to the use and sale of 2-wheelers and 3-wheelers in India. In case the proposals…

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GST refunds: Single authority for faster sanctioning, processing soon

GST refunds authority 2019: Expect the GST refunds process to become faster and simpler than past, soon. News agency PTI reports that a single authority for sanctioning and processing GST refunds is in the offing as the Finance…

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Amazon flight ticket booking offer: No extra cancellation fee! Now, book domestic flight tickets with Amazon Pay

On Saturday, E-commerce giant Amazon announced that they are adding booking services for domestic flights through Amazon Pay. So far, the Amazon pay users were getting facilities like shopping, money transfers, utility bill payments, mobile recharges all through…

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New PAN card guidelines to keep in mind

Income Tax (IT) department issuing one of the most important card Permanent Account Number or PAN card which is an identity proofs for registrations and transactions, which makes it a vital factor in taxation. To check for tax…

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