Month: September 2019

Government Will Not Allow You To Have Multiple Bank Accounts

As of now, a citizen of India can open as many bank account he or she wants. There is no rule to cap the number of bank accounts which can be possibly open in one bank or a…

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Govt. Will Censor Netflix, Amazon Prime & Other OTTs; Is Leila The Trigger Of This Regulation?

As per fresh reports coming in, Govt. of India will soon kickstart meetings with leading OTT players in India, and the reason is regulation and censorship of online streaming content. If we believe the reports, then the Netflix…

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India and Switzerland to share bank accounts data

India will start receiving information on Indians living in Switzerland and with bank accounts in the country from September 2019. After a two-day meeting at the end of August 2019, between Swiss deputy of tax division, Nicolas Mario…

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Automatic PAN generation for taxpayers using Aadhaar to file ITR

The Income Tax department will now issue a Permanent Account Number (PAN) to taxpayers using their Aadhaar number to file Income Tax returns, as a new method to link the two databases. According to a notification from Central…

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‘First space hotel’, operational by 2025, to feature artificial gravity

Since Yuri Gagarin became the first man to travel to space in 1961, only over 500 people have explored the outer realms of Earth’s atmosphere. However, one company, The Gateway Foundation, is looking to change that by setting…

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Reliance Jio to provide free set-top-box with every broadband connection

Telecom operator Reliance Jio is likely to provide free set top box with its every broadband connection to woo direct-to-home and cable TV customers, according to a source privy to the development. Billionaire Mukesh Ambani-led company is slated…

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WhatsApp now lets users send 30 audio files at once

San Francisco: Facebook-owned photo-messaging app WhatsApp has introduced its “audio picker” with a new user interface (UI), allowing users to choose a total of 30 audio files to send at once. “WhatsApp has recently enabled the new ‘audio…

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Massive Hike In Penalties For Traffic Violations Begin From September

Starting from September 1, 2019, the penalties for traffic violations will see a massive hike across a number of offences. The Motor Vehicles (Amendment) Bill was passed in the Parliament last month, approving the new penalties that increase…

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