In 2017, under Section 139AA of the Income-Tax Act, 1961, introduced by the Finance Act, it is mandatory to quote Aadhaar number or the enrolment ID of Aadhaar application form while filing for the Income Tax Return as well as for the new application of PAN Card. However, there may be certain circumstances under which…
Do you feel that you are paying a huge chunk from your income on taxes? There are high chances that you do not have an efficient tax plan! A defined tax saving plan can help you benefit from tax exemption and earn tax-free income. The tax-saving season, starting from 1st April, is approaching for both salaried…
Good news for Employee Provident Fund (EPF) subscribers! From the next fiscal, EPF account holders would not need to file EPF transfer claims while switching jobs as the process would be automated. How EPF Transfers would work from FY 2019-20 According to a senior labour ministry official, Employee Provident Fund Organization (EPFO) is currently testing…
EPF subscribers often face confusions regarding operations and services available under the scheme. In order to address, process and resolve the consumer’s issues, the EPFO has formulated various platforms & robust grievance management systems. There are online as well as offline platforms ensuring efficient monitoring of all the complaints. So, if you also have some…
Aadhaar Card is a 12-digit unique number issued by the Unique Identification Authority of India (UIDAI) by taking an individual’s biometric and demographic information such as fingerprints, iris scan, and date of birth, address and others. The Indian government has made mandatory for all the residents of India to link Aadhaar Card with that of…
