According to the CBDT notification, an individual is required to deposit the tax deducted within 30 days from the end of the month in which the deduction was made. The tax must be deposited along with a challan-cum-statement in Form 26QD.
NPS offers two types of accounts for an individual - Tier-I and Tier -II. It is mandatory to open a Tier-1 account to invest in NPS. However, there are certain conditions that must be met to make partial withdrawals from a Tier-1 account.
If you have a grievance related to your PF account like withdrawal, transfer and so on, then EPFO has a dedicated website called 'EPF I Grievance Management System' where you can file such complaints. You can also file them if you do not have UAN.
In October, UPI based transactions have hit a landmark of one billion transactions. Therefore, as methods of making payments have become technologically advanced, fraudsters have also evolved different ways to con you out of your hard-earned money.
After putting restrictions on number of times date of birth can be updated in the Aadhaar card, UIDAI has further tightened the rules regarding updation of date of birth. Also, restrictions have been placed on the number of times name and gender can be updated.
UIDAI's help centre Twitter account helps an individual resolve their Aadhaar related queries like updating mobile number, email ID or so on.
Up until now OCIs could not invest in the National Pension System or NPS. PFRDA, through a circular issued on October 29, has said that OCIs can now invest in NPS tier 1 accounts. This is good news as NPS offers various tax benefits.
Due to the high price of gold and silver products, purity is always a concern. Though BIS hallmarking of gold and silver products helps to ensure the purity of product but to be surer BIS also provides a list of licensed jewellers.
In the festive season, while prices of gold are hovering around at all-time highs, silver is a cheaper alternative you can consider to keep up the tradition. Apart from silver coins and bars, you can also buy silver jewellery and utensils in the festive season.
Post office savings interest up to Rs 3,500 is exempt for single a/cs and up to Rs 7,000 for joint a/cs.
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