Although many farmers are taking advantage of these schemes, some are still deprived, due to which the crops are not being produced in full.

Mukesh Gehlot, Assistant Director of Horticulture, Agriculture Department, said that the central government is providing subsidy to farmers on crops and vegetables. Under the National Animal Oil Mission, a scheme has been implemented to promote groundnut and mustard, under which if farmers set up a 10 tonne oil processing unit, they get a subsidy of Rs 9.90 lakh.

Efforts are being made to promote cotton cultivation in Bikaner district. Under Shri Anna Yojana, the state government is making special efforts to promote coarse grain cultivation. The state government is including moth under Panch Gaurav, which will promote moth cultivation.

Under the scheme, work is being done to promote date palm among advanced horticultural crops. Under National Horticulture, 40 percent subsidy of Rs 75 thousand will be given on Amla, Ber, Papaya crops. Farmers will get 40 percent subsidy of Rs 1 lakh 25 thousand on common crops like orange, kinnu, lemon, pomegranate. 40 percent subsidy of Rs 2 lakh is given on planting high density orchards.

Farmers can also take advantage of the Prime Minister’s Crop Insurance. A premium of 2 percent will have to be paid on Kharif crops and 1.5 percent on Rabi crops. A premium of 5 percent will have to be paid to insure advanced horticulture and commercial crops. Farmers can also take advantage of the National Natural Farming Mission. 120 clusters have been selected in Bikaner district, in which 75 farmers will be given the benefit of natural farming.

Under Hi-Tech Horticulture, 30 farmers from Bikaner have been selected in the model cluster and are being given the benefit of the polyhouse scheme. Thus, farmers are being benefited through comprehensive schemes of the Central and State Governments.

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The central government on Monday launched the portal of ‘Pradhan Mantri Vikasit Bharat Rojgar Yojana’. On this occasion, Union Labor and Employment Minister Dr. Mansukh Mandaviya said that employers and first-time employees can register through the portal. For this, it is mandatory to have an active Universal Account Number (UAN).

Under the scheme, an incentive amount of Rs 15,000 will be given to the employee joining the job for the first time. Only those people whose UAN is activated for the first time will get the benefit of the scheme. Registration can also be done on the Umang app.

Draft plan

This scheme is divided into two parts. Its part-A is for employees getting jobs for the first time. Whereas, part-B has provision for incentives to employers. In this, creation of additional employment will be encouraged in all sectors, especially in the manufacturing sector. For this, three slabs of incentives have been kept for employers.

You will also get additional benefits

Employers will get Rs 3,000 per month for each additional employee (both first-time and re-employers) for two years, conditional on their continuous employment for six months.

Who will be eligible

This scheme will be applicable only to those youth who have got a job after 1 August 2025. Those who got their first job before this i.e. till July will not get the benefit of this scheme. This scheme will remain valid till 31 July 2027

Register here through companies

Employers can do one-time registration by visiting the portal (https://pmvbry.epfindia.gov.in or https:// pmvbry.labour.gov.in). Employers will do the registration on behalf of the workers.

How to get benefit

Financial help of Rs 15,000 will be given on getting a job for the first time.

This amount will be equal to the average salary of one month (basic + DA). The maximum amount available will be Rs 15,000 only.

It will be given in two installments. The first installment will be given after six months of service and the second installment will be given after completing 12 months.

Employees earning total salary up to Rs 1 lakh per annum will be eligible.

1. These conditions must be met

Companies with less than 50 employees will have to hire at least two new employees.

If there are 50 or more employees, at least five new employees will have to be hired.

4. These companies also benefit

Companies will also come out of the purview of EPFO Act-1952

They will have to file electronic challans and returns. UAN accounts will have to be opened for all existing and new employees through the Umang app.

2. This much incentive amount will be given

Rs 1,000 if the employee’s salary is Rs 10,000 per month.

Rs 2,000 if salary is Rs 10,000 to Rs 20,000.

If salary is up to Rs 30,000, you will get Rs 3,000.

You can register like this through Umang app

First of all go to Umang app and select EPFO service.

Then select the option of ‘UAN Allotment and Activation’.

Enter the Aadhaar number and mobile number linked with Aadhaar here. Then do Aadhaar verification.

After that the process of activating UAN will be completed.

Finally, face authentication will be done, which will be done on the basis of the photo registered in Aadhaar.

This process can also be done through Umang app.

The post Prime Minister’s Vikasit Bharat Rojgar Yojana: Complete Guide to Registration and Benefits first appeared on Rightsofemployees.com.

After this decision taken in the departmental review meeting, now the honorarium of Anganwadi workers of Rajasthan will increase by 10%. The Bhajan Lal government of Rajasthan is constantly taking big decisions in the interest of the employees. In the meeting, in the presence of women officers and the directorate, the department’s plan budget announcement and their progress were discussed.

Proposal to spend 50 crore rupees for the repair of Anganwadi building

Diya Kumari has taken several important decisions to speed up the Women and Child Development Scheme for the welfare of Anganwadi workers. A proposal to spend Rs 50 crore for the repair of Anganwadi building has been approved in the meeting.

Emphasis is also on effective implementation of Nutri Kit Scheme

Apart from this, emphasis has also been laid on increasing the quantity of milk distributed to children 5 days a week under the Amrit Aahar Yojana and effective implementation of the Nutri Kit Yojana. In such a situation, now the benefit of 10 percent increase in the honorarium received by Anganwadi workers of Rajasthan will be given to them. Orders will be issued for this soon.

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Now such employees will be given a notional increment so that their pension can be decided properly. This decision is a relief for thousands of employees who till now used to miss the increment due to a difference of just one day. Although this increment will not be real, but it will provide direct benefit in pension, which is important for security after retirement.

What is notional increment?

Notional increment means that the increment received by the employee one day after retirement will be given notional, so that the pension can be calculated on the basis of increased salary. However, this increment will be considered only for pension, not for other benefits.

What was happening till now?

In 2006, the government had fixed a uniform increment date of 1 July every year. In 2016, two dates were made – 1 January and 1 July. Due to this, employees who retired on 30 June or 31 December missed the increment, which affected their pension.

In 2017, the Madras High Court gave the benefit of notional increment to a retired employee in a case. Later, the Supreme Court also accepted this right in such cases in 2023 and 2024.

What has changed now?

The Department of Personnel and Training (DoPT) has issued an office memo on May 20, 2025, making it clear that now this benefit will be available to all eligible central employees, if they have completed the entire eligible service satisfactorily.

What things need to be kept in mind?

This notional increment will be only for the calculation of monthly pension. It will not be considered for other retirement benefits like gratuity, leave encashment, pension commutation etc. If an employee’s monthly salary was Rs 79,000 on June 30 and he was going to get an increment of Rs 2,000 from July 1, then now his pension will be decided on the basis of Rs 81,000.

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Actually, this facility is very beneficial for lakhs of people who live near the toll and cross this plaza daily. Many people are not aware of this scheme and they get angry or start arguing every time the toll charge is deducted from their fastag, whereas the government has made very clear rules for this.

There will be no charge for traveling up to 20KM

Let us tell you that in September 2024, the government implemented the “As much distance, so much toll” policy. Under this, vehicles which can be tracked by GNSS (Global Navigation Satellite System) will not be charged any toll for a journey of up to 20 kilometers.

The government has introduced this facility by amending the National Highway Fee Rules, 2008. According to the amended rules, the first 20 km of travel by GNSS-based vehicles will be considered free. Toll charges will be levied for the subsequent distance. This policy is applicable to all types of private vehicles, except commercial vehicles with national permit. It has been implemented as a pilot project on some national highways from July 2024.

How to get a pass of Rs 340?

The facility of toll pass is given to those people who live within a radius of 20 km around any toll plaza. For this, they have to get a monthly pass of Rs. 340 made only once. After getting this pass, no matter how many times you cross the toll, you will not have to pay any separate charge. This pass is for one vehicle, that is, only the owner of the vehicle who gets it made can use it. Without this pass, you cannot argue with the toll employees, because according to the rules, you must have a Toll Plaza Pass.

Who can avail this facility?

This toll exemption facility is available to those who live within a radius of 20 km around a toll plaza. Only private vehicle owners can avail this benefit. Also, it is mandatory for them to have a GNSS (Global Navigation Satellite System) enabled vehicle or Fastag system. Apart from this, to avail the benefit, the person is also required to have a residential proof of that area, which can prove that he actually lives within a 20KM radius of the toll plaza.

The post Toll Plaza Pass Rules: Toll free pass at 340 rupees, know toll plaza pass rules and benefits first appeared on Rightsofemployees.com.

E-passport means electronic passport, which is made with advanced technology and is completely different from the traditional paper passport.

In fact, the Government of India had launched the pilot project of e-passport on 1 April 2024 under the Passport Seva Program (PSP) version 2.0. It was initiated by the Ministry of External Affairs. Let us tell you about this e-passport in detail and also know how to make it?

What is an e-passport?

Although the e-passport looks like a traditional paper document in shape, it contains an electronic chip that contains the passport holder’s personal and biometric data. You can see it on the cover page. This new technology provides better protection against fraud and makes identity verification easier.

In which cities of India are e-passports being issued?

The e-passport is currently available for people in Nagpur, Bhubaneswar, Jammu, Goa, Shimla, Raipur, Amritsar, Jaipur, Chennai, Hyderabad, Surat, Ranchi and Delhi. The service will gradually be rolled out to other cities in the country. The Ministry of External Affairs has confirmed that it will be rolled out across the country and currently the service is available in these cities in the first phase. According to the ministry, it will be rolled out across all Passport Seva Kendras across India by mid-2025.

What are its benefits?

Improved security: The digitally signed chip significantly reduces the risk of passport duplication, forgery, and identity theft.

Ease of international travel: Immigration officials can quickly verify passports using the chip, which speeds up border checks.

Data security: Public Key Infrastructure (PKI) ensures that sensitive data encrypted on the chip cannot be accessed or altered by anyone through fraud.

Do you need to upgrade your old passport?

No, if you have an old traditional passport, there is no need to convert it to an e-passport. Traditional passports will remain valid till their expiry date. After this, you will have to upgrade to an e-passport. There is no compulsion to upgrade it immediately.

How to get an e-passport?

You can now apply for an e-passport online and get it from select Passport Seva Kendras (PSKs) or Regional Passport Offices (RPOs). These services are available in Chennai, Nagpur, Hyderabad, Jaipur and other cities. In the near future, this service will be launched in more cities.

Follow these steps to apply for an e-passport online:

1. Register on the Passport Seva Online Portal.

2. Login using your registered ID.

3. Click on “Apply for New Passport/Reissue Passport”. If you are applying for a passport for the first time, select “Fresh” and if you already have the same type of passport, select “Reissue”.

4. Pay the fees online and book an appointment.

5. Print or save your application receipt, or show the SMS confirmation during the appointment.

6. Visit your chosen PSK or RPO on the scheduled date with the original documents.

The post New Passport Launch: Govt of India launches e-passport with embedded chip, Key benefits and how to apply first appeared on Rightsofemployees.com.

What is e-passport and what is special about it?

E-passport will be launched in India from April 2024 under Passport Seva Program 2.0. In the first phase, the pilot project was started in cities like Nagpur, Bhubaneswar, Jammu, Goa, Shimla, Jaipur, Chennai, Hyderabad and now its full rollout will happen by June 2025.

This new e-passport has an RFID chip and antenna embedded in the back cover, which stores the individual’s biometric and personal information such as name, date of birth, passport number, face and fingerprints securely. This data is encrypted as per international security standards such as BAC, PA and EAC.

How will the passenger experience change?

Indian citizens travelling abroad with e-passports will now be able to go through a faster, automated and contactless process at immigration checkpoints. E-gates will eliminate the need for long queues and make the travel experience more seamless.

India is now included in the list of these countries

Countries like America, Canada, Japan, France, Germany, UK, Singapore, Australia, South Korea are already using e-passport. With this step of India, Indian citizens will also get more respect and convenience while entering those countries.

How to apply for e-passport

Citizens can apply on the passport service portal as before. They will have to visit the nearest passport service centre or post office passport centre and provide biometric information. This is just a start. In the future, features like digital visa, mobile passport wallet, Aadhaar and DigiLocker integration can be added, making the journey completely digital and paperless.

The post Indian e-passport rolled out: Key features, benefits, where to get one & more first appeared on Rightsofemployees.com.

Which can completely change the old electricity billing system. If you are troubled by the increasing bills every month and the complications of the meter, then this news is important for you.

With this change, not only will consumers get more control over their electricity bills. But there will also be transparency and smartness in the electricity billing system. What is this prepaid recharge facility? And what will be the benefit of this electricity meter prepaid recharge facility? Let us tell you the complete information.

What is a prepaid electricity meter?

Generally, normal meters are installed in people’s homes. Where people have to pay the electricity bill after using electricity. But sometimes people consume more electricity. Due to which their electricity bill comes higher.

But if we talk about prepaid electricity meter, then it works like mobile recharge or DTH. That is, you will be able to use only that much balance that is in your meter. There is no chance of any error in the electricity bill. It is completely transparent.

What are its benefits?

Consumers who use the prepaid electricity meter system also get a lot of benefits. Users have complete control over the prepaid electricity meter. That is, the amount of electricity that is recharged will be used. Neither more nor less than that. Your electricity consumption will not be more.

Because if more electricity is used, the recharge will end. You will understand that you have used more electricity that month. Apart from this, you get the facility to recharge the prepaid electricity meter from the app or website. Apart from this, you can also track the electricity consumption of your house in real time.

The post Electricity Prepaid Meter: Prepaid recharge facility for electricity bills in UP, these are its benefits first appeared on Rightsofemployees.com.

According to NPCI, after the new change, the response time of UPI transactions will be reduced. According to the information given, the time taken to check the status of the transaction and reverse the payment will be reduced from 30 seconds to just 10 seconds. With this change, the process of sending and receiving money through UPI will become faster and smoother than ever.

Payment will be done in just 15 seconds

According to NPCI, the response time of Request Pay and Response Pay service will be reduced from 30 seconds to 15 seconds. Also, the time required to verify an address will be reduced from 15 seconds to 10 seconds. These updates are aimed at ensuring that UPI transactions are completed faster. NPCI has asked banks and payment service providers (PSPs) to update their systems to comply with the new timings.

There was trouble 3 times in 15 days

This update comes after the problems in UPI transactions in April. UPI transactions across the country were badly disrupted on April 12, which was the third incident in less than a fortnight. Earlier, there were problems in UPI transactions on March 26 and April 2. After this, Finance Minister Nirmala Sitharaman had directed all the concerned parties to work together to remove the shortcomings of the infrastructure, improve the end user experience and cyber security framework. Unified Payments Interface (UPI) is an instant payment system developed by NPCI, an entity regulated by the RBI.

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Like a home loan, you can also take a loan to buy land. Land can be easily purchased through a land purchase loan. Because in this you pay the money in installments. However, like other loans, interest has to be paid in this too.

How much interest will have to be paid?

Taking a land purchase loan can be a little more expensive than a home loan. There are many similarities between home loans and land purchase loans. However, you may have to pay more interest if you take a loan to buy land. According to the information received in this regard, you have to pay an annual interest of 8.6 percent to 17 percent on taking a land purchase loan.

The tenure in this is less than that of a home loan. The tenure of a land purchase loan ranges from 5 years to 20 years.
Eligibility for Land Purchase Loan

The post Land purchase loans: Interest rates, eligibility, benefits, and more first appeared on Rightsofemployees.com.

To implement this facility, Kiwi has partnered with Collinson International. Collinson International is a global company in the airport experience and customer engagement solutions sector. Users who spend Rs 50,000 through UPI via credit card on the Kiwi platform will get one airport lounge access for free.

The demand for air travel in India is increasing rapidly

By becoming the first UPI app to offer airport lounge access, Kiwi has taken a big step towards providing new convenience to its users. The demand for air travel in India is increasing rapidly and people now want to make their journey more comfortable.

A recent survey by Collinson International found that airport lounge access is one of the most attractive travel rewards for 44% of Indians. This figure is much higher than security fast-track (9%) and airport transfer (7%).

The trend of digital payment is increasing rapidly in the country

It is very easy to avail the airport lounge facility through the Kiwi app which is completely digital. Users can book lounge access through the Kiwi app. For this, they have to generate a pass or QR code, which can be scanned at the lounge entrance to avail the facility. Kiwi is planning to launch another new facility in the future, through which users will be able to give this benefit to their friends, family members or co-passengers as well.

Mohit Bedi, co-founder and chief business officer of Kiwi, says, “We do not want to limit the payment platform to just transactions, but want to make it a great lifestyle experience.” According to data from the Ministry of Finance, UPI transactions through RuPay credit cards have doubled in the first seven months of FY25, which clearly shows that the trend of digital payments is growing rapidly.

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The purpose of bringing DTC is to simplify the provisions, remove irrelevant sections and make the language more understandable for the common people. Tax experts believe that this will simplify tax laws, reduce legal disputes and make the entire process easier for taxpayers.

The committee formed to review the Income Tax Act is deciding whether the new law will be in two parts or three. The government had earlier said that the draft law would be released for public comments, but now it has been decided that the bill will first be introduced in Parliament. After this, it can be amended based on the feedback of taxpayers and experts.

According to a report in the Times of India, officials from the Finance Ministry and the Prime Minister’s Office (PMO) have worked closely with the committee to finalise the bill over the last six to eight weeks. The Finance Minister is expected to mention the
new bill in her budget speech on February 1. However, it is not yet decided whether the bill will be introduced in the first part of the session or in the second part.

Third attempt to change the Income Tax Act

This is the third attempt when an attempt is being made to rewrite the Income Tax Act. Earlier, the Direct Tax Code Bill was introduced in 2010. After this, the Modi government formed a panel of experts, but their report was not made public and the recommendations were not implemented.

Thousands of provisions have been directed to be removed in the new law. Also, sections that have become irrelevant over the years will also be excluded. The committee has also been instructed to make the language as simple as possible so that common people can understand it easily. However, the government is not including new issues in it at the moment.

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The registration for this scheme has started from today and under this, senior citizens will get treatment facility without any cost. The aim of this scheme is to free the senior citizens of Delhi from any kind of worry related to medical services.

Benefits of Sanjeevani Yojana

• Free health services: Under the scheme, senior citizens aged 60 years and above will get free treatment in government and private hospitals. This will include all medical services from general health checkup to treatment of serious diseases.
• No limit on medical expenses: There is no maximum limit on medical expenses under this scheme. Due to which senior citizens will not have to bear any financial burden even in the treatment of serious diseases.

Application process for Sanjeevani Yojana

The registration process for Sanjeevani Yojana has started today, Monday, 23 December. The Delhi government team will go door-to-door to register senior citizens. In this process, senior citizens will not have to stand in any kind of line and the entire process will be easy and convenient. After registration, they will be provided a card which they can show in hospitals and avail the services.

Some documents for registration

• Aadhar card
• Voter ID
• PAN card
• Bank account statement
• Address Proof (Electricity bill, water bill or ration card etc.)

Through these documents, the application for the scheme will be accepted and after that the verification process will take place. After registration, your documents will be verified. If the verification is found correct, then you will get the benefit of the scheme and you will get a notification.

Eligibility for Sanjeevani Yojana

• Age: Citizens aged 60 years and above will get the benefit of this scheme.
• Residence: Permanent residents of Delhi will be eligible for the benefits of this scheme.
• Financial status: There is no income limit for this scheme. All senior citizens can avail the benefits of this scheme, irrespective of their financial status.

Purpose of Sanjeevani Yojana

The aim of Sanjeevani Yojana is to free the senior citizens of Delhi from the financial burden of medical services. This scheme has been implemented with the aim of making health services accessible to every person, so that senior citizens do not face any problem in taking care of their health. Along with this, this scheme will also be a cause of relief for those senior citizens who were once deprived of health services due to the expenses of treatment.

What is Sanjeevani Yojana?

Sanjivani Yojana is a scheme launched by the Delhi Government for senior citizens, which provides free healthcare services to citizens aged 60 years and above.

What health services will be provided under this scheme?

Under this scheme, free treatment facility will be available in government and private hospitals, which includes general health checkup as well as treatment of serious diseases.

Is there any expense limit for treatment under this scheme?

No, there is no maximum expenditure limit for treatment under Sanjeevani Yojana. Senior citizens will not have to bear any financial burden even for the treatment of serious diseases.

What is the registration process?

Registration has started today and it will be done door-to-door. Senior citizens will not have to stand in any line. After registration, they will be given a card, which they can show in hospitals and avail services.

What documents will be required for registration?

• Aadhar Card
• Voter ID Card
• PAN Card
  Bank Account Details
• Address Proof (Electricity Bill, Water Bill or Ration Card)

Are there any age and residence conditions for this scheme?

Yes, the benefit of this scheme will be available only to citizens aged 60 years and above. Also, this scheme is available for permanent residents of Delhi.

Is there any income limit prescribed for this scheme?

No, there is no income limit for this scheme. All senior citizens can avail the benefits of this scheme, irrespective of their financial status.

When will the benefits of the scheme be available after registration?

After registration and verification, you will receive a notification, and then you will be able to avail free health services under this scheme.

What is the objective of this scheme?

The main objective of this scheme is to free the senior citizens of Delhi from the financial burden for medical services and provide them quality health services.

The post Sanjeevani Yojana Registration started Today – Know eligibility, process, benefits first appeared on Rightsofemployees.com.

Moreover, it enables you to track and access all your investments in shares, government securities, exchange-traded funds, bonds and mutual funds from anywhere in the world under one account in electronic format. There are many advantages of having it. Let us understand it here.

10 Benefits of Demat Account

Protect your holdings

When you open your Demat account, your holdings are protected from loss due to wear and tear, misplacement or theft.

Keeps investments safe from fraud

Before online settlement, there were many cases of fraud or copying of owners using fake documents, but after the introduction of demat accounts in the market, it became impossible to fake or copy someone’s holdings.

Instant transfer of shares

Another advantage of a demat account is that not only does the transaction become secure or easy, but settlement is also instant. Quick settlement also reduces the risk of fraud.

Get instant access from anywhere:

It is easy to buy and sell shares from anywhere in the world using your laptop or mobile.

Unlimited shared storage

lets you not worry about the amount of shares you have stored. You can trade in small chunks and monitor your account online.

You can also get loans

Another advantage of having a demat account is that the securities held in your online account can be used to obtain loans from various banks. This can provide a lot of flexibility and convenience for those looking to obtain financing for different purposes.

You can update your account automatically.

If there is any change in the stock in your demat account, like bonus issue, stock split etc., you will get the update automatically in your demat account.

Nomination is available

According to SBI Securities, in case of unforeseen circumstances, your demat account ensures that your holdings are safe, and the appointed nominee will receive the shareholding.

Reduced Transaction Costs

The advantage of having a Demat account is that you can enjoy lower transaction costs, the charges are levied per ISIN, whether you transfer 1 share or 100 shares.

Eliminates Bad Delivery

In a depository environment, securities cannot be returned “under objection” for any reason whatsoever, and hence the question of bad delivery does not arise, nor is the investor faced with any uncertainty about the securities purchased by him.

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Leveraging its customer insights, AU SFB conducted an in-depth study to identify the unique financial and lifestyle preferences of high-income individuals. This study led to the creation of AU Eternity, a differentiated banking program that resonates with the growing affluent segment in India. Building on this foundation, AU Eternity leverages Mastercard’s global expertise in premium services to deliver enhanced lifestyle experiences and personalized payment solutions to customers.

AU Eternity is designed to complement AU SFB’s existing premium portfolio which includes ‘AU IV’ and ‘AU Royale’. AU Eternity goes beyond banking and offers exclusive lifestyle privileges. It offers members a wide range of exclusive benefits such as Marriott Experience Certificate, movie tickets on BookMyShow, golf lessons, Easy Diner membership and Amazon Prime membership.

In addition, AU Eternity offers advanced banking facilities through dedicated relationship managers. These facilities include fund and investment solutions along with personalized financial planning. Also, it provides exceptional support to empower affluent customers to achieve their goals.

Benefits of AU Eternity Debit Card

Through this partnership with Mastercard, AU Eternity Debit Cardholders can enjoy a variety of exclusive benefits including access to international airport lounges, enhanced dining experiences and travel benefits. In addition, the AU Eternity program has introduced an industry-first airport dining experience, allowing passengers to choose their favourite dishes and beverages from popular airport outlets.

With AU Eternity, customers can group family and business accounts, enjoy a host of free banking services and avail cross currency facilities and lifestyle benefits with the Mastercard powered AU Eternity Debit Card.

Speaking on the launch, Uttam Tibrewal, Executive Director and Deputy CEO, AU Small Finance Bank said, “India’s wealth management landscape is rapidly evolving, with the affluent segment projected to reach 1.65 million by 2027, growing at a CGAR of 16 per cent every year. We are witnessing a shift towards value-based purchasing and growing demand for experiential luxury, especially in travel and hospitality. Building on our existing premium banking programs, AU Ivy and AU Royale, we are proud to introduce AU Eternity, a statement of timeless luxury.”

AU SFB has designed an offering that meets the growing needs of the emerging affluent class seeking financial growth and an affluent lifestyle. With holistic benefits spanning fund management, fine dining, entertainment and travel, AU Eternity offers a comprehensive banking solution for the modern affluent class.

Gautam Agarwal, Division President, South Asia, Mastercard, said, India’s growing group of affluent consumers is increasingly looking for high-value personalized financial solutions that match their aspirations and ambitions. Their focus is not limited to wealth management or expansion, but also includes many other experiences including exclusive facilities, fine cuisine to adventure travel. Mastercard is excited to collaborate with AU Small Finance Bank for its premium banking program as it perfectly combines travel, lifestyle and financial benefits in a comprehensive offering for the country’s dynamic affluent class.

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In today’s time, while it is difficult to get a cheap prepaid recharge plan , if you want to have the facility of data, calling and SMS, then you may have to spend a lot of money. If you are not able to choose the right plan for yourself, then here we are going to tell you about some such plans of Jio, Airtel and Vi, which can prove to be ‘value for money’ for less than Rs 300. Many benefits are given in all these plans, let’s know about them…

Jio’s Rs 299 prepaid plan

This plan of Jio is best for those who want benefits like unlimited calling, data and SMS at a low price. It also provides 1.5 GB high speed data per day. Users can make unlimited calls on any network. The plan provides 100 SMS per day. It also offers free subscription to JioCinema, JioTV and JioCloud. Its price is less than Rs 300.

Airtel’s Rs 299 prepaid plan

For Airtel users, this plan of 299 rolls out 1GB data per day for a validity of 28 days. Users can make unlimited calls to any network for a month. You also get the facility to send 100 SMS. This plan does not offer subscription to any OTT app, but it does offer free Hello Tunes on spam fighting network and Wynk.

Vi Rs 299 plan

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If it is said that in today’s time it is very important to have this document with you, then perhaps there would be nothing wrong in it. Similarly, there is another document which you need for many works and that document is your PAN card. It is needed from bank to other places and if you have a PAN card, then obviously you must have also got an e-PAN card made? If not, then you can know here how you can get an e-PAN card made. So let’s know what is the way to get an e-PAN card. You can know about this in the next slides…

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These facilities help air travelers to make their travel experience even more pleasant. Many credit card issuing companies give the benefit of free entry to the airport lounge with the card to the user to give a better air travel experience. Which is known as the complimentary airport lounge access feature. You can read details about the key benefits of the complimentary airport lounge access feature available with the credit card here.

Free rest facility

Free access to airport lounges is a great advantage for the cardholder. In this, air travellers (card users) get a place to relax. In India, especially in big cities, airports are often crowded and noisy. In such a situation, airport lounges are a relaxing place for air travellers where they get a peaceful environment. Air travellers can relax in airport lounges before or during their flight. These lounges usually have comfortable seating arrangements, less crowd and a quiet atmosphere, which makes it a better place for air travellers to relax, read or work.

Free food and drinks

With a credit card with airport lounge access feature, air travelers can enjoy free food and drinks by using it in the lounge of any airport in India or abroad. This special feature of the credit card can help save money for those who fly frequently.

Access to free Wi-Fi and charging stations

Airport lounges offer air travellers free Wi-Fi so they can enjoy food and drinks while lounging in the lounge, check emails, or surf the Internet without worrying about connectivity. Additionally, these lounges have charging stations for electronic devices so travellers can charge their phones, laptops and other gadgets before their flight.

Business facilities for professionals

For those flying on business, airport lounges offer better workspaces with facilities like printers, fax machines and meeting rooms. These facilities are very useful for professionals who need to work while traveling. Whether they are preparing presentations, participating in online meetings or answering emails, lounges provide a calm atmosphere and a better environment, away from the noise and distractions of the airport.

Helps to wait longer

Flight delays and long layovers often make the travel experience frustrating. However, airport lounge access can make this inconvenience more pleasant. Instead of waiting in crowded airport terminals, travelers can relax in the lounge, enjoy a snack, watch TV, or even catch a nap. Some lounges also have shower facilities, providing an option for refreshment during long layovers.

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The bank has not only reduced the benefits on insurance, electricity-water bills, fuel surcharge and grocery purchases, but has also doubled the spending limit for using the airport lounge. This year, the bank has changed the rules of credit cards for the second time. The new rules are going to be implemented from November 15.

One percent transaction fee will be charged on paying school-college fees

ICICI Bank has earlier also changed the rules related to credit cards. Till now, to use the airport lounge, you had to spend Rs 35,000 in a quarter. Now this limit has been increased to Rs 75,000. This is a huge amount in a quarter. This rule will apply to almost all credit cards associated with ICICI Bank. These also include many co-branded cards. One percent transaction fee will be charged on paying school-college fees through third party payment apps like Cred, Paytm, Check and Mobikwik. However, if you make payment through the school-college website or POS machine, then there will be no fee.

Rewards received on making utility and insurance payments have reduced

Apart from this, you will get less rewards on making utility and insurance payments. Premium cardholders will be able to earn rewards by spending up to Rs 80,000 every month on utility and insurance payments. But, for other cardholders this limit will be only Rs 40,000. Even if the utility payment is more than Rs 50,000 in a month, one percent transaction fee will have to be paid. Also, capping has been imposed on the reward points received through grocery and departmental stores. Here premium cardholders will be able to get rewards only on spending up to Rs 40,000 every month and all other cardholders will be able to get rewards only on spending up to Rs 20,000.

ICICI Bank has also set a new limit for discount on fuel surcharge

ICICI Bank has also set a new limit for discount on fuel surcharge. Now you will be able to spend only Rs 50,000 on petrol and diesel every month. The discount limit has been fixed at Rs 1 lakh only on Emerald MasterCard Metal Credit Card. Apart from this, the annual fee on Emerald and Emerald Private Metal Card will now be available only after spending Rs 10 lakh instead of Rs 15 lakh. The spa access available on Dreamfox card has now been discontinued. However, this discount will continue on many other cards.

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Chief Minister Eknath Shinde said that the objective of this scheme started from July 1, 2024 is to provide financial assistance to the women and sisters of the state.

Last date of application extended

The state government has extended the last date of application under Ladli Bahana Yojana to 15 October 2024. Earlier this date was 30 September, but now all eligible women can apply till this date. The Chief Minister has appealed to all eligible women to submit their applications on time so that they can take advantage of this scheme.

Scheme Details

The Ladli Bahana Yojana aims to provide financial assistance to women who are financially weak. Under this scheme, married, divorced and destitute women between the ages of 21 and 65 will be given assistance of Rs 1,500 every month. For eligibility, it has been ensured that the annual family income of the applicant is less than Rs 2.5 lakh.

Application Process

Women applying for this scheme have to keep in mind that applications can be filled only through Anganwadi centers. Therefore, interested women should contact their nearest Anganwadi center. The Chief Minister has instructed that the women applying must prepare their documents completely and correctly so that there is no problem in the application process.

Benefits to women who have already applied

So far 2 crore 30 lakh women have applied in this scheme. Money has already been deposited in the bank accounts of many of these women. The distribution of the first installment of this scheme was started on the occasion of Rakshabandhan, after which money has started getting deposited in the accounts of women. CM Shinde informed that so far 5 installments have been deposited in the accounts of women. In total, the government has sent about Rs 17 thousand crore directly to the Ladli sisters in their bank accounts. This scheme is becoming a means of financial security for women.

Opportunity for new application

Now those women have also been given a chance to apply who could not apply earlier due to some reason or whose applications were rejected due to incorrect information. This opportunity is especially for those women whose documents were not complete or there was an error in filling the application. But keep in mind, it is necessary to correct all the documents before filling the new application.

Inspiration of the scheme

The Maharashtra government has decided to launch this scheme on the lines of Madhya Pradesh’s ‘Ladli Bahana Yojana’. This scheme is an important step to improve the economic condition of women in the society. The aim of this scheme is not only to provide financial assistance to women but also to make them self-reliant and empowered. Ladli Bahana Yojana has really emerged as a great support for women. This scheme is an effort to make women aware of their rights and provide them financial assistance.

The government aims to ensure that every eligible woman takes advantage of this scheme and improves her life. Therefore, all women should make full use of this opportunity and submit their applications on time. Through this scheme, the government has ensured that women can move one step further towards improving their future. Ladli Bahana Yojana has not only provided financial assistance but it has also become a ray of hope, which is motivating women to move forward.

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Ayushman Bharat Pradhan Mantri Jan Arogya Yojana is also known as Ayushman Bharat Scheme. This is the government’s health insurance scheme. This scheme has proved to be very successful in providing medical facilities to the people of economically weaker sections. Every family covered under this scheme gets a cover of Rs 5 lakh annually. Recently, the government has announced to give the benefit of this scheme to people aged 70 years and above.

Migrant laborers will also get benefits

Ayushman Card is issued to the families covered under Ayushman Bharat Scheme . With the help of this card, beneficiaries can get their treatment done in hospitals included in the panel of this scheme. The government has said that migrant laborers will come under the purview of this scheme. Such laborers can apply for Ayushman Card under this scheme at their current place of residence. It is estimated that this will greatly benefit those laborers who go hundreds of miles away from their home in search of livelihood.

Street vendors can also apply

Now people coming under the unorganized sector in cities will also get the benefit of Ayushman Bharat Scheme. These include servants working in homes, daily wage laborers and street vendors. These people do not get any kind of social security right now. Getting the benefit of Ayushman Bharat Scheme will make it very easy for them to get treatment. Apart from these, landless laborers, workers and other economically weak people in rural areas will also get the benefit of this scheme.

What is the process to apply?

To avail the benefits of this scheme, it is necessary to get an Ayushman card. A person can check on the official website of Ayushman Bharat whether he will get the benefit of this scheme or not. For this, he will have to provide his personal information on the website. If the person is eligible to apply in this scheme, then he will have to go to a hospital or common service center included in the panel and apply for the Ayushman card. To apply, the person must have proof of his identity. Aadhar or ration card can be used for this.

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Talking about the benefits…

BSNL’s Rs 599 plan comes for only Rs 7.13 per day, which makes it very cheap. In this plan, users will also get the facility of 4G data, which will further improve the internet speed. In recent times, other telecom companies like Jio, Airtel and Vodafone have increased the prices of their plans, which has made this plan of BSNL even more attractive.

Easy recharge through selfcare app

BSNL has also launched a selfcare app for the convenience of its customers. Users can download this app from Google Play Store. After installing the app, login can be done with the help of BSNL mobile number. After logging in, users will receive an OTP. After this, users can easily recharge by choosing their favorite plan.

Better services in the future

BSNL is working towards strengthening the 4G network for its users. For this, the data center is being built in collaboration with Tata. This will provide even better and faster internet services to the customers in future. With this new plan, BSNL has proved that it is always ready to provide affordable and effective services to its customers. If you are looking for fast internet and excellent calling services, then BSNL’s new 599 plan can be a great option for you.

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Mayank Mohanka, founder of TaxAaram.com, said the e-dispute resolution scheme was notified in 2022. Now the CBDT has started the facility of electronic filing of online applications. Now the application can be filed through the prescribed Form 34BC through the e-filing portal of Income Tax.

Who can file the application?

Taxpayers whose income as per their income tax return ( ITR ) is up to Rs 50 lakh and the aggregate amount of variation is less than Rs 10 lakh can file an application under this scheme. Mohanka said, “Any person including salaried taxpayers who fulfils the prescribed criteria can file an application under this scheme. For example, salaried taxpayers whose income (as per ITR) is up to Rs 50 lakh and who have received an assessment order containing disallowances up to Rs 10 lakh in respect of HRA claim or section 80C claim can settle their tax matters under this scheme. This will save them from penalty under section 270A in case of under-reporting or mis-reporting of income.”

What are the conditions to avail this scheme?

There are some other conditions as well. For example, the taxpayer should not be facing any detention order under the Conservation of Foreign Exchange and Prevention of Smuggling Activities Act, 1974. However, this restriction will not apply if such order has been quashed by the court. Apart from this, if the taxpayer has been convicted under the Unlawful Activities (Prevention) Act, 1967, Narcotics Drugs and Psychotropic Substances Act, 1985, Prohibition of Benami Transactions Act, 1988, Prevention of Corruption Act, 1988 (49 of 1988) and Prevention of Money Laundering Act, 2002, then he cannot file an application under this scheme.

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How will taxpayers benefit from this scheme?

Mohanka said that under this scheme, the principal of income tax and its interest has to be paid. However, the penalty imposed on the taxpayers can be reduced or waived off. The Dispute Resolution Committee will decide on this. This is a kind of amnesty scheme on the lines of ‘Vivaad se Vishwas’. However, there is no deadline for filing the application. This scheme is different in that the penalty can be reduced or waived off, but the interest demand sent to the taxpayers cannot be waived off.

What is the process for filing an application?

The Income Tax Department has issued an FAQ (Frequently Asked Question) in this regard. According to this, taxpayers will have to go to e-DRC (Dispute Resolution Committee). This committee has the right to reduce the penalty of waiving the punishment after the payment of tax. Its purpose is to resolve disputed issues quickly. The taxpayer can access the e-DRS module by logging in to the tax portal of the Income Tax Department. After logging in, he will have to select e-file on the dashboard. After that, he will have to go to Income Tax Forms. Then File Income Tax Forms will have to be selected.

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These include many major countries including India, UK and US. This decision has been taken by the Cabinet and this new policy will come into effect from 1 October 2024.

According to Sri Lanka’s Tourism Ministry advisor Harin Fernando, this policy will be applicable for the next six months. The countries that get the facility of visa-free travel include India, Britain, China, America, Germany, Netherlands, Belgium, Spain, Australia, Denmark, Poland, Kazakhstan, Saudi Arabia, UAE, Nepal, Indonesia, Russia and Thailand. Apart from this, citizens of Malaysia, Japan, France, Canada, Czech Republic, Italy, Switzerland, Austria, Israel, Belarus, Iran, Sweden, South Korea, Qatar, Oman, Bahrain and New Zealand can also take advantage of the visa-free policy.

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Earlier, there was a controversy over increasing visa fees on arrival in Sri Lanka. However, tourists coming from India, China, Russia, Japan, Malaysia, Thailand and Indonesia were already getting free visa facility in Sri Lanka. This initiative of the Sri Lankan government has been taken with the aim of promoting tourism in the country and attracting more and more foreign tourists.

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LIC launched 4 new plans

• LIC’s Youth Term
• LIC’s Digi Term
• LIC’s Yuva Credit Life
• LIC’s Digi Credit Life

Why did LIC launch new products

LIC said that the new Yuva Term (LIC’s Yuva Term) can be taken only through offline agents, while LIC’s Digi Term is available only on the website. Both these products have been introduced for those youth who want to take term insurance in the early stages of their life. This will provide them a better offline and online option.

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Now there are very few houses in India where food is cooked on earthen stoves. Now in almost all the houses food is cooked through gas cylinders. Every day millions of gas cylinders are consumed in India. Cooking with a gas cylinder is very easy and convenient. There are many companies in India that provide gas connections.

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After taking a gas connection, you are allowed to take 12 gas cylinders. People should be very careful while using gas cylinders. Otherwise even a small mistake can lead to an accident. Insurance is also given to all the people who use gas cylinders. But often people make mistakes. Due to which they are not eligible for insurance.

Actually, if there is a blast or an accident while using the cylinder, then you are given insurance. But if you have used the regulator of some other company during this time, then you do not get insurance. This is a very common mistake that people often make. Let us tell you that in case of a gas cylinder accident, you are given insurance up to Rs 50 lakh.

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Why should you buy term insurance plan?

Term insurance plan is suitable for working people. In this, life with family should save oneself from death. This plan provides financial security to the policy holder and his family. You also get death benefit in this policy.

Death interest

After the death of the policy holder, the nominee receives the insurance amount. This amount is given in lump sum. If the nominee wishes, he can take the lump sum amount in installments.

He can take the insurance amount on monthly, quarterly, half yearly or yearly basis. The policy holder can select these options during his lifetime.

Maturity benefit

After maturity of LIC Jeevan Kiran policy, the policy holder can also take the investment amount in lump sum after maturity. Apart from this, he can select how to invest. If he wants, he can make payment on monthly, quarterly, half yearly or yearly basis. A minimum investment of Rs 5,000 can be made in this policy on a monthly basis.

After the death of the insured, the nominee will get death benefit.

If the policy holder dies, the nominee will receive the investment amount of the policy. The company will pay the entire investment amount in lump sum. However, the nominee can select whether he will take the amount in lump sum or in installments. You can select this option at any time during your lifetime to avail all the benefits available under the policy terms or death benefit.

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He said, “The government has decided to provide pension benefits to tribals and Dalits after they attain the age of 50. The mortality rate is high among them and they do not get jobs after 60 years. “This decision will prove to be extremely beneficial especially for the vulnerable tribal groups of the state.” Soren claimed that in the 20 years since Jharkhand became a state in 2000, only 16 lakh people got pension benefits, but his government has increased the number of beneficiaries and now it provides pension to 36 lakh people.

Benefits have to be delivered to home

He said that the purpose of this government scheme is to provide the benefits of government schemes to the villagers at their homes. On this occasion, the Chief Minister also inaugurated and laid the foundation stone of 343 projects worth Rs 4,547 crore. Taking a dig at the opposition Bharatiya Janata Party (BJP), Soren said that the BJP is creating obstacles in providing government jobs to the youth in Jharkhand and the state government will work to provide employment to the youth.

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Chief Engineer of Gautam Budh Nagar, Rajeev Mohan said that under this scheme of the Electricity Department, maximum rebate will be given to the consumers who pay the outstanding amount of their electricity bill by December 31. Through this, the electricity department will get a good amount of revenue. At the same time, electricity consumers will also be able to get the benefit of the discount given.

Actually, the state government and the corporation have implemented a very attractive scheme which the consumers were eagerly waiting for. One Time Settlement Scheme has been implemented from 8th November and will continue till 31st December. But it has been implemented in three phases from 8th November to 30th November, from 1st December to 15th December and the third phase is from 16th December to 31st December.

Giving information about how much discount will be given,

Chief Engineer of Electricity Department, Rajeev Mohan said that under this scheme launched in three phases, all the consumers will pay the electricity bills in the first phase. They will be able to get up to 100% discount.

While in the second phase, 80% to 90% discount will be available, in the third phase, a provision of 50% to 20% discount has been made to the consumers who paid the dues between December 16 to December 31. The objective of the scheme is that consumers who pay the outstanding amount as soon as possible get the benefit of maximum discount.

All consumers can avail the benefits

of this scheme. LMB1, LMB2, LMB3, LMB4, LMB4, LMB5, LMB6 are included in it. Householders and shopkeepers as well as farmers with private tube wells can avail its benefits. Along with this, the victimized consumers who are registered in 135 cases of theft under this scheme can also avail the benefits of this scheme. The scope of this scheme is very large this time so that consumers can avail maximum benefits.

Along with this, let us tell you that HB1 and HB2, which fall in the industrial category and are in the high voltage category, above LMB, have been kept away from this scheme. Except industrial units, all types of electricity consumers have been kept under the ambit of this scheme so that they can get maximum benefits.

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Speaking on the occasion, Rajneesh Karnataka, Managing Director and CEO, Bank of India, said that the Bank is ready to expand its savings customer base with these newly upgraded savings accounts. It has been equipped with many great features. In such a situation, it becomes important for you to know what benefits you will get after these latest changes.

Now these benefits will be available in the savings accounts of Bank of India

After upgraded savings accounts of Bank of India, customers will be given accidental death insurance cover of up to Rs 1 crore 50 lakh. Apart from this, customers will also be able to get air accident insurance up to Rs 1 crore on savings accounts only. Platinum Savings Account holders will get the benefit of free locker facility.

Apart from this, International Debit cum ATM card will also be given. You will get the benefit of facilities like concessional interest rate on retail loan, discount on processing fees and limit of up to Rs 5 lakh on POS.

Bank of India also changed the interest rate of FD

Apart from this, Bank of India has also changed the interest rate of Fixed Deposit (FD). Now Bank of India is offering interest rates between 3% to 7.25% to common citizens on FDs maturing in seven days to ten years. According to the website of Bank of India, these rates are effective from October 1, 2023.

According to the information received from the Bank of India website, senior citizens will be offered 25 Bps extra interest in addition to 50 Bps for a tenure of 3 years or more on their FD of less than Rs 2 crore.

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How will this account work?

According to the website of Axis Bank , Infinity Savings Account will be a fixed fee based savings account. In which the customer will pay some membership fee to the bank to access the benefits associated with the account. This new account holders will not have to maintain any average monthly balance.

Apart from this, customers will not have to pay any kind of charge for using free debit cards, check books or for transactions exceeding a fixed limit or for withdrawing money and will also get a discount on domestic fees.

What will be the membership fee?

Axis Bank offers two flexible arrangements to its customers. The bank offers two types of membership to its customers, monthly and annual. This bank account customers will have to pay a monthly fee of Rs 150 or an annual fee of Rs 1650. According to the official website of Axis Bank, the monthly plan charges Rs 150 and its minimum membership period is 6 months.

After the initial 6 months the scheme continues on a cycle of 30 days. Of these, Rs 150 will be deducted every 30 days. At the same time, the customers of the bank will have to pay an annual fee of Rs 1650. It will offer benefits to customers for 360 days. After this time it will auto renew.

The amount will be auto debited from the account itself.

Let us tell you that after the completion of the annual or monthly cycle, the membership fee will be auto debited from the customer’s account. The auto renewal fee will also remain the same as it was at the time of opening the account. If customers do not maintain balance in their account continuously for 18 months then their account will be automatically closed.

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Investing in PPF i.e. Public Provident Fund is a good investment option, but if you invest money wisely in it, then only you will get maximum benefit. For your information, let us tell you that if you are putting money in PPF every month, then deposit it at the beginning of the month by the 5th, so that you will get the interest for that month as per the PPF rules.

Why depositing money till 5th is beneficial

The simple answer is that interest is currently being paid on PPF at the rate of 7.1 per cent and it is decided on the minimum balance between the last date of the previous month and the fifth date of the new month. Interest is paid on the amount deposited in PPF accounts every month but the interest in the account is credited at the end of the financial year which is March 31 of every year. This interest is payable for that account only if the new amount is deposited in the account before the 5th of the month.

So investors can get the benefit of interest on interest only when the amount is deposited in the account by 5th date. If someone deposits money in the PPF account after the fifth of the month, then he will not be able to get the interest of the previous month and the interest of that month.

Understand it with example

Suppose there is Rs 1 lakh in a PPF account on 5 April 2022 and the investor of this account makes an additional investment of Rs 1.5 lakh on 6 April 2022. So according to the rules of PPF, investors will get interest only on the minimum balance from April 5, 2022 to April 30, 2022, which was Rs 1 lakh. This means that the investor will lose the interest of the investment of Rs 1.5 lakh for April 2022. This means that if the investor had deposited Rs 1.5 lakh in the PPF account by April 5, he would have got April interest on the entire investment of Rs 2.5 lakh.

Therefore, investors should invest with complete planning while putting money in PPF so that they can get maximum returns. They should take it as a rule to invest in PPF by the 5th day.

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Post office also offers schemes in which you can earn returns by investing every month. You can save some money from your every month budget and invest in this scheme. Post office is offering RD to the customers in which you have to deposit money every month. You get interest on that. You can also save Rs 100 every month in this.

Government recently increased interest

Recently, the central government has increased the interest rate on recurring deposits from 6.2 per cent to 6.5 per cent. The money received on Recurring Deposit does not change at the beginning of the investment. Interest is fixed in this. All you have to do is deposit money every month. Let us know how much money will be received by depositing in RD every month.

You will get this much money for depositing Rs 2,000 every month

If you invest Rs 2000 every month in a recurring deposit, you will get Rs 1,41,983 on maturity. If you invest 2000 rupees every month, then you will invest 24 thousand rupees annually at 66 rupees per day. Which will become Rs 1,20,000 in a period of 5 years. This will give you an interest of Rs 21,983. On maturity you will get a total of Rs 1,41,983.

You will get this much money for depositing Rs 4,000 every month

If you invest Rs 4000 every month in a recurring deposit, you will get Rs 2,83,968 on maturity. If you invest 4000 rupees every month, then you will invest 48 thousand rupees annually at the rate of 133 rupees daily. Which will become Rs 1,20,000 in a period of 5 years. This will give you an interest of Rs 43,968. You will get Rs 2,83,968 on maturity.

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Every establishment having 20 or more employees is covered under it and certain organizations which employ less than 20 persons are also covered subject to certain constraints and exemptions. People also get many benefits of PF account.

PF scheme

The employee and the employer contribute 12% of the basic salary and dearness allowance of each employee to the EPF. After the employer retires, he gets a lump sum amount which includes both his and the employer’s contribution apart from the interest on both. Currently the interest rate on EPF deposits is 8.15% per annum. At the same time, people should also be aware of the benefits of PF, lest some wrong steps are taken regarding PF without knowing the benefits, which may be regretted later.

PF

Employees’ Provident Fund Organization (EPFO) is a non-constitutional body that encourages employees to save money for retirement. This organization is governed through the Ministry of Labor and Employment, Government of India. The schemes offered through the organization cover Indian workers and international workers (from countries with whom EPFO ​​has signed bilateral agreements).

Benefits of the scheme

EPF scheme helps in saving money in the long run. There is no need to make lumpsum investment in this scheme. It is deducted on a monthly basis from the salary of the employee and this helps in saving a huge amount in the long run. It can help an employee financially during emergencies. It helps in saving money at the time of retirement and helps a person to maintain a good lifestyle.

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Will give money to the road transport companies according to the distance covered by the women of the state. With the help of Seva Sindhu portal, women will have to apply for Shakti Smart Card within three months.

Karnataka Shakti Yojana 2023

Under the scheme of the government, women will be able to travel free of cost in government buses. Transgender persons are allowed to avail the benefits of the scheme. Free travel in buses outside the state is not allowed under the scheme. State road transport corporations like KSRTC, NWKRTC, and KKRTC will reserve 50% of their seats for men. Till the Shakti Smart Card is issued, the residents of the state can use the identity proof issued by the central or state government.

Benefits of Shakti Yojana

The Karnataka government launched free travel initiative under ‘Shakti Yojana’ for women in KSRTC and BMTC state-run buses. Government officials also gave some free passes to women during the launch of the program so that they can ride KSRTC and BMTC buses for free as part of the Shakti scheme.

This change will benefit more than 41.8 lakh women passengers. Through the Shakti scheme, women in Karnataka can travel in government-run buses in the state. More than 41.8 lakh women are using this service daily. The financial burden on the state has also increased due to this scheme of the government.

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The last date for filing ITR is 31 July 2023. Taxpayers should file their income tax return well in time to avoid all kinds of hassles. Do not wait for the last date for this work. Otherwise, heavy penalty may have to be paid if the return is not filed by the due date.

As the deadline for filing ITR is nearing, the Income Tax Department has released the online ITR-3 form on its official website. The Income Tax Department had already made available online forms for ITR-2, ITR-1 and ITR-4. There are 7 ITR forms for individuals, ITR 1, ITR 2, ITR 3, ITR 4, ITR 5, ITR 6 and ITR 7.

ITR-3 is to be used by an individual or a Hindu Dividend Family having income under the head “Profits of business or profession” and filing Form ITR-1, ITR-2, ITR-4 not eligible.

Steps to fill ITR-3 Form

1. You can fill ITR-3 form by filing it electronically under digital signature.
2. Can fill ITR-3 Form by communicating the data in Form ITR-3 electronically under Online Verified Code
3. By electronically transmitting the data in Form ITR-3, followed by submission of return verification in Return Form ITR-V to the Income Tax Office by mail.

ITR filing deadline

The last date for filing Income Tax Return (ITR) for Financial Year 2022-23 or Assessment Year 2023-24 is 31 July 2023. ITR should be filed by the prescribed date, failing which a penalty ranging from Rs 1000 to Rs 5000 will be imposed. Not all ITRs are suitable for everyone, so it is important to know which of these forms is applicable to them. Going through only the notified ITR forms can help.

When is Form 16 issued?

Salaried employees waiting for their Form 16 should receive it today or tomorrow to start the process of filing their ITR. Form 16 issued by an employer has two parts. Part A and Part B. Part A contains the total tax deducted by the employer, while Part B contains the gross salary and other allowances paid to the employee during the financial year.

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Meanwhile, once again a positive aspect has emerged from the government on the demand of the old pension scheme. In such a situation, it is believed that the process for the old pension scheme can be started soon in the state.

Discussion on restoration of old pension scheme

In fact, since the change of power in Bangalore, Karnataka, the Congress has been busy in fulfilling all the promises made by it. Meanwhile, Chief Minister Siddaramaiah was met by the employees’ union. Meanwhile, Chief Minister Siddaramaiah has assured that the Congress government will discuss the restoration of the old pension scheme in the next cabinet meeting.

The Chief Minister was holding a meeting with the State Government Employees Union. Speaking in the meeting with whose delegation, he said that the announcement of the scheme can be considered in the meeting of the government on 7th July.

Labor union demands

In fact, under the new pension scheme in Karnataka, the employees are being given the benefit of the pension scheme. The same employee union president Shantaram Teja says that by canceling the new pension scheme, Rs 19,000 crore available under the scheme can be used for government development programmes. He said that out of this the government share of 10000 crores can be used for development work and that the grant of 9000 crores should be converted into GPF. Let us tell you that this scheme was closed on 31 March 2004 in the state.

OPS-NPS Advantages

Under the old pension scheme, half of the last drawn pay and dearness allowance are provided to government employees twice a year after their retirement. At the same time, under the new pension scheme, employees contribute 10% of their salary. After which, after investing in various funds, the employees get returns on investment after retirement.

Earlier in the assembly elections, the Congress had said in its announcement that the old pension scheme would be extended to the employees who joined after 2006. After its inclusion in the manifesto of the Congress for the assembly elections, the preparations for the implementation of the old pension scheme in the state can now be started by the state government after the cabinet meeting. Earlier, states like Rajasthan, Himachal, Chhattisgarh, Jharkhand have abolished NPS and implemented OPS.

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If you want to file ITR without any penalty, then you have time till July 31, 2023. At the same time, till December 31, you can file it by paying a fine. It is often seen that people whose salary is outside the tax slab do not file ITR, but you should avoid doing so. Even if the salary is less than the tax slab, filing ITR can provide many benefits. Let’s know about it-

Can work like necessary documents

You should file ITR even if your salary is less than the income tax slab. You can use these documents as income proof in many ways. At the time of taking loan from bank to credit card, you need income proof everywhere. In this case, after filing ITR, you can use this document as income proof.

Refund can be claimed

Many times companies deduct TDS from people’s income, while their salary is out of the tax slab. In such a situation, you can easily claim your deducted TDS by filing income tax return. The Income Tax Department transfers the deducted TDS to your bank account.

Easy to apply for Visa

If you file ITR, you can easily apply for Visa. ITR related documents are sought for visa application. People’s income is seen before getting visa for many countries. In such a situation, they get to know the financial status of that person.

Can claim for damages

If you claim ITR within the prescribed limit, then you can claim for capital gain or loss in business. According to the rules of income tax, the benefit of carry forward loss is available only to those people who file ITR in the same financial year at the specified time.

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Let us know about those great plans through which you can not only get good returns but also get tax exemption through these investments.

Senior Citizen Saving Scheme

This scheme has been specially designed by the government for people who are above 60 years of age. The main objective of starting this is to provide regular income to senior citizens even in old age. The good thing is that investment in this scheme can be started with only Rs 1000. Investors can invest up to a maximum of Rs 15 lakh if ​​they wish. The maturity period in this scheme is of 5 years. On which interest is given at an interest rate of 8 percent. Not only this, the investment made in Senior Citizen Saving Scheme can also provide tax benefit up to Rs 1.5 lakh per year under Section 80C of the Income Tax Act.

Tax free bonds

Senior citizens can also earn good income by investing in tax free bonds. These bonds are issued by the subsidiaries of the government. In which investment is done without risk. After a certain time, you will get the return, which is completely tax free.

National Savings Certificate

Those who invest in this scheme get tremendous benefit of compounding interest. That means you will also get a good return on your investment and you can also save tax through this. In this, the interest rate has been increased to 7 percent. This can be a better investment option for senior citizens.

ELSS Scheme

ELSS, also known as Tax Saving Mutual Fund Scheme, is an equity based mutual fund. 20 percent of which is invested in the form of debt and the remaining 80 percent is invested in the stock market. Along with good returns, it can also prove to be a good option for tax saving. Under Section 80C of the Income Tax Department, tax saving of up to Rs 1.50 lakh can be done in this.

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For this, the facility of option has been given till 31 August. On the basis of the letter sent by Sanjeev Narayan, Additional Secretary, Union Ministry of Personnel, the Personnel Department of UP has started the effort. The New Pension Scheme (NPS) system was implemented in the country from January 2004, ending the old pension system.

In this, 10 percent is deducted from the salary of the employee. The new pension does not have the facility of GPF, whereas it was there in the old pension. In the old pension, there was a system of giving pension according to the salary after retirement. In New, there is a system of payment according to the money in the market.

At present, the demand for old pension is gaining momentum in the country. In such a situation, this letter from the Union Ministry of Personnel is going to give relief. According to the Personnel Ministry letter, personnel of the Central Armed Forces will not come under its purview. The Personnel Department of UP is sending a copy of the letter sent by the Union Ministry of Personnel to all the departments related to it, so that the option can be taken from those who come under its purview by August 31, 2023.

In the letter of the Union Ministry of Personnel, it has been said that on the basis of the advertisement for recruitment till December 22, 2003, continuous representations are being received for giving old pension to those appointed after January 2004. Along with this, various courts and Central Administrative Tribunal have also been giving orders from time to time regarding old pension to such officers and personnel. That is why it has been considered to give the benefit of old pension to such officers and personnel by taking an option.

The option will be taken to the officers and personnel coming under its ambit who are eligible to exercise the option, but who do not exercise this option by the due date, they will not get the benefit of old pension. Officers and employees opting out who fulfill the conditions of coverage under the old Pension Scheme Rules, 1972 (now 2021), NPS accounts will be closed by issuing orders by 31 October 2023 and normal future for them Fund (GPF) subscription will be made mandatory. The adjustment amount of employees’ contribution to their accounts will be credited to the GPF account.

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Considering the large number of senior citizens and their daily miseries, the government has made arrangements for senior citizens cards for them. This card is made for senior citizens above 60 years of age. This card is also called Senior Citizen ID Card.

What is this card

This card is a kind of identity card that tells the valid details of the cardholder. Many types of facilities are given to senior citizens through this card. Apart from this, the benefits of various government schemes are also made available to senior citizens through this card. Apart from this, the benefits of many private schemes are also made available through this card. This card contains the blood group, emergency contact number, allergies and other medical details of the senior citizens. Let us know the complete details of making this card.

How is this card made

Senior citizens cards are made by the state governments at their own level. To get this card made, one has to apply by visiting the online website of the state government. Along with the application, you also have to provide some documents so that the process of verification of the application can be completed.

Apart from this, you will also have to submit the documents of age proof. For this, you can also give passport, PAN card and school certificate. Apart from this, you can also give documents of residence certificate which include valid ration card, passport, election card, electricity bill or phone bill. Which is in the name of the applicant. Along with this, medical information papers in which blood report, medication and allergy report are also to be given.

How can apply

Senior citizens have to apply on the website of the state government to make an ID card. Its form is available only on the website of the state government where it can be filled online. For example, if you are a resident of Delhi and want to get a Senior Citizen ID card made there, then you can click on www.delhipolice.nic.in/seniorcitizen. For this card one has to register and submit the application form along with two photographs and a copy of the address proof and an age certificate. After this you can proceed for the registration process. Whoever has submitted all the required documents and done the registration process and after the approval of your application will get the Senior Citizen ID on verification.

What is the benefit of this

There is a separate ticket counter for senior citizens at the stations. There tickets can be taken through this card. Apart from this, less income tax has to be paid as compared to other people. Along with this, in some cases exemption is also given from filing returns. Higher interest is given on FD than common customers. Also, treatment is available free of cost or at a subsidized cost in government hospitals.

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LIC launched this plan on 28 February this year. This plan can be subscribed both offline and online. LIC Jeevan Akshay-VII Plan is an immediate annuity plan wherein the policyholder has the option to choose the type of annuity from 10 available options on payment of a lump sum amount.

The annuity rates are guaranteed at the inception of the policy and the annuity policyholder is given a pension for life.

Annuity Option for LIC’s Jeevan Akshay-VII Plan

1. Option A: Immediate Annuity for life.
2. Option B: Guaranteed period of 5 years and thereafter immediate annuity for life.
3. Option C: Guaranteed period of 10 years and thereafter immediate annuity for life.
4. Option D: Guaranteed period of 15 years and thereafter immediate annuity for life.
5. Option E: Guaranteed period of 20 years and thereafter immediate annuity for life.
6. Option F: Immediate Annuity for life with return of purchase price.
7. Option G: Immediate annuity for life with increasing rate of 3% p.a.
8. Option H: Immediate annuity for life with provision of 50% of the annuity to the second policyholder on death of the policyholder under Joint Life Annuity Plan.
9. Option I: Joint immediate annuity for life with provision for 100% of the annuity as long as either of the annuitants survives.
10. Option J: Joint Life Immediate Annuity for life with provision for 100% of the annuity as long as either of the annuitants survives and return of purchase price on his death.

Terms-Conditions and Benefits of LIC Jeevan Akshay-VII Plan

Remember that the immediate annuity plan under LIC Jeevan Akshay-VII cannot be changed once chosen. LIC Jeevan Akshay-VII plan has a minimum purchase price of Rs.10,00,000 and the entry age into the plan is 25 years to 29 years and 30 years or more subject to minimum annuity. Whereas, there is no limit for the maximum purchase price for the plan. At the same time, the maximum age limit at the time of admission is 85 years for the rest except option F.

12 thousand pension on 1 lakh investment

If you invest 1 lakh rupees under LIC Jeevan Akshay-VII policy, then you get 12 thousand rupees annually as pension. Monthly, quarterly, half-yearly and yearly options are available for pension. For more information related to this policy of LIC, investors must see the conditions on the official website of LIC.

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Along with this, pensioners are also going to get huge benefits. A big update has been issued by the government regarding the 8th Pay Commission. If you are also waiting for the implementation of the Eighth Pay Commission, then good news has come for you.

Eighth Pay Commission will be formed

The government is soon going to set up the Eighth Pay Commission. It is believed that next year the salary of central employees can increase by more than 44 percent. Along with this, salary should be reviewed on any other formula other than the Fitment Factor. At the same time, a lot of changes can be seen in this pay commission as compared to the old commission.

There will be a bumper increase in salary

Let us tell you that the fitment factor in the Seventh Pay Commission was 2.57 times, after which the salary of the employees increased by 14.29 percent and due to this increase, the minimum salary of the employees was fixed at Rs 18,000. At the same time, under the Eighth Pay Commission, it is believed that this time the fitment factor may be 3.68 times, after which the salary of the employees may increase by 44.44 percent. At the same time, the minimum salary of the employees can directly increase from Rs 18,000 to Rs 26,000.

vaSalary may increase by Rs 26,000.

If the government sets up the Eighth Pay Commission on the same old scale, then the fitment factor will be kept on the basis of it. On this basis, the fitment of the employees can be done 3.68 times. On this basis, there can be an increase of 44.44 percent in the minimum salary of the employees. With this, the minimum salary of the employees can be Rs 26000.

When can the government implement the 8th Pay Commission?

At present, no proposal of any kind has been presented by the Central Government regarding the Eighth Pay Commission. On the other hand, if sources are to be believed, the government can introduce the Eighth Pay Commission in the year 2024 and it can be implemented in the year 2026. Let us tell you that to implement this, the Pay Commission can also be formed in the year 2024. At the same time, experts are assuming that general elections are to be held in the country, so the government can give a big gift to the employees soon.

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In this, account holders get insurance up to Rs 7 lakh. For which they do not need to pay any premium. Let us tell you that you do not have to do anything separately to avail this insurance facility. If an EPFO ​​member dies untimely, then his insurance can be claimed. Let us know what are the rules related to this facility.

Who can claim insurance?

The insurance amount is paid after the death of the EPFO ​​member. Explain that the amount of insurance is claimed by the nominee or his successor after the death of the EPFO ​​member. If the nominee or legal heir can claim for insurance if the EPF employee dies during service. The minimum insurance benefit amount under this scheme is Rs 2.5 lakh. Whereas, the maximum amount of insurance is Rs 7 lakh. The insurance amount is deposited directly into the bank account of the nominee.

How is the insurance amount determined?

The insurance amount is calculated on the basis of the last 12 months’ salary of the deceased EPFO ​​employee. The amount of insurance is 35 times the basic salary received in the last 12 months. At the same time, its maximum limit is 7 lakh rupees. Let us tell you that earlier the maximum limit of insurance was 6 lakh rupees. But now the government has increased it by one lakh rupees. At the same time, under this, a minimum insurance of Rs 2.5 lakh is given.

It is very important to register the name of the nominee

EPFO ​​members must register the name of the nominee in their account. The biggest advantage of having a nominee in the account is that if an account holder dies, his family does not face any difficulty in availing the benefits of EPF, EPS and EDLI schemes. On the other hand, if the name of the nominee is not added in any account, then in such a situation, all the legal heirs of the account holder have to do a lot of paperwork to get the money. Due to this it takes time to get the claim.

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You can gift a bank account with special features on your child’s birthday or on any special occasion. An account with special features has been introduced by the State Bank of India (SBI) for small children. Under this, you can save for the child by opening an account.

The limit for transfer of payment is also fixed.

The limit for transfer of payment to this account opened in SBI will also be fixed. With this feature, the child will not be able to spend unnecessarily. Let us tell you that SBI provides two types of accounts for minor children. Under this, you can open first step (Pehla Kadam) and second first flight (Pehli Udaan) account.

Pehla Kadam Bank Account

SBI provides many types of features in this account. In this, parents or guardians can open joint accounts with minor children of any age. The account can be operated by the parent, guardian or the child himself. ATM is also given on opening the account. The ATM card is in the name of the minor child and guardian. Can withdraw up to Rs 5,000 from the account. Apart from this, you can transact up to Rs 2,000 daily in this.

First Flight Account Benefits

Under this scheme, the account of children above 10 years of age can be opened. It will be necessary for them to sign in this account. Children can operate this account themselves. Children also get the facility of ATM card in it. With this, you can withdraw up to Rs 5000 per day. Through mobile banking, you can transfer money to it up to Rs 2000 daily.

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It provides high returns to the policyholders. Allows to choose equity and debt fund option based on risk appetite. This plan can provide coverage to the family of the insured in any type of situation. This policy can help investors build their savings into a huge corpus fund.

To take advantage of LIC SIIP policy, the age of the policyholder should be at least 90 days i.e. 3 months and the maximum age should be 65 years. The policy term ranges from 10 to 25 years with a minimum sum assured of 10 times the annualized premium for customers below 55 years of age and 7 times for those above 55 years of age.

Get many benefits

LIC SIIP offers a host of benefits to the policyholders, which include death and maturity benefits as well as guaranteed benefits. If the life assured dies before the commencement of risk, the beneficiary will receive an amount equal to the Unit Fund Value. In case of death after commencement of risk, the beneficiary can choose to receive the Unit Fund Value.

keep these things in mind

1. There are four fund options to choose from in LIC SIIP. Free switch between funds, add-on rider benefits to enhance the coverage of the policy and tax exemption under the Income Tax Act. The customer can also make a partial withdrawal after completing five policy years.
2. LIC SIIP has two optional benefits. An Accidental Death Benefit rider option and partial withdrawal facility. The Basic Sum Assured of the policy cannot exceed the Accidental Death Benefit Sum Assured. If you want to make a partial withdrawal, you can withdraw money in the form of a fixed amount or a fixed number of units.
3. LIC SIIP offers four fund options to choose from namely Bond Fund, Secured Fund, Balanced Fund and Growth Fund. The investment pattern of these funds varies depending on the type of security they invest in and the risk-weight of their portfolio.
4. If a policyholder invests Rs 50,000 in the Balanced Fund option of LIC SIIP for ten years, the rate of interest will be 10% and after ten years the total fund value will be Rs 9,39,700.

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Let us tell you that this policy can be taken for a period of 5 to 15 years. Its special thing is that the loan facility is also available to the policyholder in this policy. On the other hand, in case of death of the policyholder during the policy term, the death benefit is given to his family.

Know what are its benefits

Many special benefits are available under LIC Dhan Sanchay policy. These include taking money in lump sum or in installments for 5 years in death benefit option. Apart from this, maturity benefit also includes guaranteed income and terminal benefit. If the policyholder passes away during the payout period, the nominee continues to receive the income.

Four options are available for investment

You get a total of 4 options for investment in LIC’s wealth accumulation policy. They are named A, B, C and D. In this, the sum insured in option A and B is at least Rs 3 lakh 30 thousand. In Option C, you get at least Rs 2 lakh 50 thousand and in Option D, you get an insurance opportunity of Rs 22 lakh.

Age limit for investment:

The minimum age for investing in LIC’s Dhan Sanchaan policy is 3 years. While its maximum age limit can change according to different options. For example in A and B option the maximum age limit for this policy is 50 years. At the same time, the maximum age limit for investment under Option C is 65 years while under Option D this limit is 40 years.

The annual premium will come to this much, let us tell you that if you want to invest in LIC’s money saving policy, then you can choose the policy term for 5, 10 or 15 years. You will get returns according to the number of years you choose the plan. Please tell that under this policy, you will have to pay a premium of at least Rs 30,000 annually. On the other hand, if the policyholder dies, the nominee gets a minimum death benefit of Rs 2.50 lakh and a maximum of Rs 22 lakh.

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It is a non-linked, non-participating, individual plan, which can be availed through Corporate Agents, Brokers, Insurance Marketing Firms (IMF) and Common Service Centers (CSC). The plan helps in meeting various financial needs through periodic payouts and provides financial support to the policyholder’s family on their death during the policy term.

The premium for LIC Bima Ratna plan can be paid monthly (through NACH only), quarterly, half-yearly or annually. The grace period for previously unpaid premiums is 30 days for annual, half-yearly, or quarterly premiums and 15 days for monthly premiums. Rebates are offered on tabulated premiums for annual and half-yearly modes, while higher sum assured rebates are offered on Basic Sum Assured.

Can be restarted before maturity

Explain that a policy can be revived before maturity within five consecutive years from the date of first premium payment. If less than two full years’ premiums have been paid, the policy will be treated as completely void, whereas if at least two years’ premiums have been paid, it will continue as a paid-up policy till the end of the policy term .

After payment of two full years’ premiums, the policy can be surrendered, and surrender value equal to higher of Special Surrender Value or Guaranteed Surrender Value will be paid by LIC. Loan can be availed after payment of premium for at least two years, which will be provided up to 90% of the surrender value for in-force policies and up to 80% of the surrender value for paid-up policies.

This scheme gives many benefits to the people

LIC Bima Ratna plan offers several benefits to the policyholders, such as death benefit, survival benefit, maturity benefit and guaranteed additions. The death benefit is payable on the death of the policyholder during the policy term and consists of the Sum Assured on Death along with guaranteed additions, which will be higher of seven times the annualized premium or 125 percent of the Basic Sum Assured.

Maturity age is 70 years

Policyholders are eligible for LIC Bima Ratna plan if they fulfill certain criteria. So the Basic Sum Assured should be a minimum of Rs.5 Lakhs, and there is no limit on the maximum amount. The policy term can be 15 years, 20 years or 25 years and the premium paying term varies with the policy term. The entry age for the policyholder should be a minimum of 5 years for a policy term of 15 years and a maximum of 55 years for a policy term of 25 years. The age limit for maturity of the policy is 70 years.

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As per EPFO ​​rules, 12 per cent of the basic income of the employee is deposited in the EPFO ​​account, out of which 8.33 per cent is set aside for pension account and 3.67 per cent for Employees’ Provident Fund (EPF). If an employee leaves his job or takes leave in between. So in that case do they lose their pension entitlement? You are being given information about this here.

As per EPFO ​​rules, the length of service of an employee is taken into account even if they take leave in between. In other words, if a person returns to his job after a gap of some years, his previous years of service will be added to his current tenure.

Explain that to take advantage of the pension scheme of EPF, it is necessary for the employee to work for at least 10 years. If an employee changes companies, his Unique Account Number (UAN) remains the same and his total working period is calculated net of any gaps in between.

Understand the terms of pension like this

If a person works for a company for 7 years and takes a break of one year, then works for another 4 years, then their total job span will be considered as 11 years. In this scenario, the employee will be entitled to EPF pension benefits. Also, if a person works for 9.5 years, he is eligible for a grace period of 6 months as per EPFO ​​rules, which is equal to 10 years.

This is how you can take advantage of the pension scheme

EPFO scheme is an important financial instrument for salaried individuals, as it ensures pension benefits after retirement. It is important to note that the requirement of length of service for pension eligibility is an important aspect that every EPFO ​​subscriber should be aware of. So, even if you are an EPFO ​​subscriber and you have left your job, you can still avail the benefits of the pension scheme by ensuring a total job tenure of 10 years or more.

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An increase in the retirement age of state employees can be seen once again. Actually an increase of 3 years in his retirement age is possible. For this, it has been agreed to take permission from the government. This decision has been taken by organizing the 44th meeting of the Working Council.

Under this decision, the retirement limit of staff teachers can be increased from 62 years to 65 years. In fact, a meeting of the Executive Council of Raja Mansingh Tomar Music and Arts University was organized. In which it has been agreed to take permission from the state government to increase the retirement age of teachers from 62 to 65 years.

3 years increase in retirement age

Earlier, regarding the proposal for amendment in the retirement age of professors, the provisions of the University Statutes were considered. Along with this, it has been decided to take permission from the government. At present, the retirement age of teachers and professors here is 62 years, whereas in other universities, the retirement age of employees including teachers has been made 65 years.

It was decided to seek permission from the state government on this issue. If this happens then the retirement age of professors will increase to 65 years. There will be an increase in this for 3 years. Due to which the employee teachers will get huge benefit.

Swadhyay students will get benefit

Along with this, it was decided in the meeting to keep the system of conducting courses for private students in the university as before. Along with this, the previous system will continue in relation to self-study students. Swadhyay students will be able to appear in the exam to get degree from the university.

Revision of Affiliation Fee

Apart from this, discussion has also started regarding increasing the affiliation fee of the college affiliated to the university. Executive Council member Chandra Pratap Sikarwar has said that the affiliation fee should be increased. It hasn’t been extended for a long time. Along with this, the affiliation fee will be reduced by revising it.

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There is a growing demand in many states to implement the old pension scheme. Government employees have been demanding for a long time to implement the old pension scheme. Meanwhile, great news has come for the employees. Recently, after the elections held in many states, discussion has started regarding the old pension scheme.

Demand for old pension scheme After the elections held in Gujarat and Himachal Pradesh, the employees are demanding to implement the old pension scheme. The old pension scheme is an important issue in the election manifesto of Congress. In Rajasthan, Chhattisgarh and Punjab, the government is once again switching back to the old pension scheme.

Who will get the benefit of OPS?

No concrete answer is being given by the central government regarding the old pension scheme, but the opposition is cashing in on this issue in the elections and its effect can also be seen in the coming days. At present, it is believed that the Central Government may consider giving the old pension scheme to those government employees for whose recruitment advertisements were issued on or before December 31, 2003.

Benefits of old pension scheme If we talk about the benefits of old pension scheme, its biggest advantage is that it is made on the basis of the last drawn salary. Apart from this, as the inflation rate increases, DA also increases. Even when the government implements the new pay commission, it increases the pension.

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The recommendations of the 7th Pay Commission for central employees are applicable across the country and the employees are also getting its benefits. However, the employees complain that they are getting less salary than what was recommended for them. Employees unions say that they are preparing a memorandum in this regard, which will be submitted to the government soon.

According to the recommendations in this memorandum, there will be a demand to increase the salary or bring 8th Pay Commission. On the other hand, the government has categorically refused any idea on the subject of implementing the 8th pay sum in the House.

Minimum salary can be up to 26 thousand rupees

According to the affiliate website Zee Business, central employees’ organizations say that at present the minimum wage limit has been kept at Rs 18 thousand. In this, the fitment factor has been given a lot of prominence in the increment. At present, this factor is 2.57 times, although in the 7th Pay Commission it has been recommended to keep it up to 3.68 times. If this happens, then the minimum wage of the employees will increase from Rs 18 thousand to Rs 26 thousand.

Government can also launch a new system

According to sources, now after the 7th pay commission, the new pay commission will not come. Instead, the government is going to implement such a system, which will automatically increase the salary of government employees. This can be an ‘automatic pay revision system’, in which if the DA is more than 50 percent, there will be automatic revision in the salary.

If this happens, then 68 lakh central government employees and 52 lakh pensioners will get its direct benefit. However, the government has not yet taken any final decision on this. When the government will take a decision on this, it will be made official by issuing a notification.

Salary may increase more for lower income group

According to an official of the Finance Ministry related to the matter, in view of the inflation, the salary of the middle level employees should increase from the lower level. In such a situation, if the government comes up with a new salary formula in the year 2023, then the middle level employees may not get much benefit but the lower income group employees can get good benefits. His basic salary can increase by Rs 3 thousand to Rs 21 thousand.

Union will submit memorandum to the government

According to an official of the Central Employees Union, the union is going to prepare a note and hand it over to the government soon regarding the demands of increasing the salary. If the government refuses to accept their demands, the union will be forced to go on agitation. In this movement, along with the employees, the employees who got pension will also participate.

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Most people in the country consider Life Insurance Corporation of India (LIC) to be the safest option for investment. LIC brings insurance policies keeping in mind every need of the customers. In LIC, you can choose the premium amount, payment time and maturity time according to your needs.

Here you are being told about a similar policy of LIC in which more importance has been given to the safety of the family. LIC’s Jeevan Labh Policy is a limited premium payment non-linked, with profit endowment plan. This plan provides financial support to the family in case of the unfortunate death of the policyholder at any time before maturity and a substantial corpus to the surviving policyholder. In a way, by investing Rs 260 daily in this policy, you can get Rs 54 lakh on maturity.

Benefits of LIC Jeevan Labh Policy

If the life assured is alive till the maturity of the Jeevan Labh policy plan, he/she gets full Sum Assured along with Reversionary Bonuses and Final Additional Bonus. The insured pays the premium for the time period of 10, 13 and 16 years. They will get money on maturity after 16 to 25 years. The minimum age for taking LIC Jeevan Labh policy is 8 years and the maximum age is 59 years. A person aged 59 years will get only insurance with maturity of 16 years. So, that the age of the insured at the time of maturity does not exceed 75 years.

Will get Rs 54.50 lakh on maturity – this is the complete calculation

If you are 25 years old and you buy LIC Jeevan Bima Labh policy for a maturity period of 25 years, you will get Rs 54.50 lakhs on maturity. For this, you will have to pay around 20 lakh rupees in 25 years for basic insurance. That is, you will have to pay a premium of around Rs 92,400 annually. If this premium is calculated on a daily basis, then about Rs 260 is made daily. After this you will get Rs 54.50 lakh on maturity.

LIC Jeevan Labh Policy

This is a non-linked plan from the stock market. Means, its money is not invested in the stock market. If the insured dies before the maturity of the plan, then this plan gives money to the family. If the insured is alive till the maturity of the policy, then he gets the money. LIC’s Jeevan Labh plan has to pay premiums for a limited period of time.

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LIC Whatsapp Service Registration: The country’s largest government life insurance company LIC (LIC) has given good news to its customers. LIC has started the service of Whatsapp Service. With the introduction of this new facility, customers will be able to benefit a lot. Now people will not have to visit LIC office for every small and big work. Nor will you have to wait for the arrival of the LIC agent.

Many facilities will be available on this number, you will have to send ‘Hi’ (hi) to mobile number- 8976862090 through WhatsApp app from your mobile number, so that you can use many types of services. Policyholders are going to get many types of services in this service. Due to which the customers will not have to face any problem.

LIC launches its WhatsApp Services#LIC #WhatsApp pic.twitter.com/vBO4c86xLr

— LIC India Forever (@LICIndiaForever) December 2, 2022

In this, you will get the facility of Premium Payable, Bonus Information, Policy Status, Loan Eligibility Quotation, Loan Repayment Quotation, Loan Interest Payable, Premium Paid Certificate, ULIP-Statement of Units, LIC Service Links, Opt in/Opt out Services, Conversation.

LIC has given information today on the social media platform Twitter. Life Insurance Corporation of India Chairman MR Kumar has shared this information. LIC has launched its WhatsApp service. The problem of the policy holders will be solved on WhatsApp.

Old plans relaunched

Recently, LIC has relaunched two of its new plans. LIC has named it New Jeevan Amar (LIC’s New Jeevan Amar), New Tech-Term (LIC’s New Tech-Term) plan. In this regard, LIC said that both these term insurance policy plans issued 3 years ago have now been relaunched and introduced in the market. Now you can buy these policies online or offline in any way.

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Nitin Gadkari has made a big announcement regarding toll tax, which will affect crores of drivers. Gadkari has told that before the year 2024, 26 green expressways will be built in the country and also new rules will be issued for toll tax.

There will be a change in toll tax technology, let us tell you that after the construction of Green Expressway, India will become equal to America in the matter of roads. Along with this, the Union Minister told that there will be a big change in the rules and technology to collect toll tax.

Government can make 2 methods for recovery of toll tax Government is planning to give 2 options for recovery of toll in the coming days. The first option in this is to install a ‘GPS’ system in the cars. Whereas, the second method is related to the modern number plate. At present, planning is going on for this.

While giving information, there is no provision for any punishment,

Road Transport and Highways Minister Nitin Gadkari has said that there is no provision of any kind of punishment for non-payment of toll tax. Along with this, the Union Minister said that in the coming days, emphasis will also be laid on the use of technology to collect toll tax.

Money will be deducted directly from the account

Nitin Gadkari has further said that till now there is no provision of punishment for not paying toll, but preparations are on to bring a bill regarding toll. Now toll tax will be deducted directly from your bank account.

No separate action will be taken for this. Nitin Gadkari has told that now toll tax will not have to be paid, the amount will be deducted directly from your account. Apart from this, the Union Minister said, ‘In 2019, we made a rule that cars will come with company-fitted number plates. That’s why the vehicles that have come in the last four years have different number plates.

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On the other hand, if we talk about senior citizens, they get interest at better rates than other people. At the same time, after increasing the repo rate of RBI, all the banks have also increased the interest rates of FDs. SBI’s name is also included in the list of these banks.

In SBI’s FD, customers can make a lump sum deposit in different tenures of 1-10 years. If you want to avoid the risk of market fluctuations, then you can choose the option of Fixed Deposit. Know here how much interest the common people and senior citizens are getting on FDs of how many years under the SBI FD Scheme?

Interest Rates for Senior Citizens

For senior citizens in SBI, interest is being given at the rate of 3.50 percent for FDs from 7 days to 45 days, 5 percent for 46 days to 179 days. 5.75 for 180 days to 210 days and 6 percent for FDs of more than 211 days but less than 1 year. If you get FD done for more than 1 year but less than two years, then the interest rate will be 6.60 percent per annum, whereas if you get FD done for more than 2 years but less than 3 years, you will get interest on FD at 6.75 percent.

On getting FD for more than 3 years but less than 5 years, interest will be given at the rate of 6.60 percent annually and for more than 5 years and up to 10 years, at least 6.90 percent interest will be given to senior citizens from the bank. will be given.

Interest rates for general public

3% for general public FDs from 7 days to 45 days, 4.50% for 46 days to 179 days, 5.25 for 180 days to 210 days, FDs of more than 211 days but less than 1 year Interest is being received at the rate of 5.50 percent. If you get FD done for more than 1 year but less than two years, then you get 6.10 percent, for more than 2 years but less than 3 years, 6.25 percent, for getting FD for more than 3 years but less than 5 years Annual interest will be given at the rate of 6.10 percent and for more than 5 years and up to 10 years, interest will be given by the bank at the rate of at least 6.10 percent.

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So we tell you about a scheme of LIC where you can make a good profit by investing. We are talking about LIC SIIP where it is considered good to invest. For years, people have been considering investing in LIC as safe. You must be at least 90 days old and not more than 65 years old to enter the policy.

Under this scheme, you will have to invest about 10 lakh rupees for 21 years and you will get a profit of about 35 lakhs, that is, after the scheme matures, you can get 45 lakh rupees. Know here the important information related to this scheme.

Know everything about it

Systematic Investment Insurance Plan is called SIIP. LICIn the SIIP scheme, you have to invest around Rs 4000 every month. This investment has to be made for 21 years. At Rs 4000 per month, you will invest Rs 48000 in one year and Rs 10,08,000 in 21 years. When this scheme is completed, then you can get a total of 45 lakh rupees. Means after the completion of the scheme, you will get a profit of Rs 34,92,000 i.e. around Rs 35 lakh.

You will get these benefits

>> The plan taker can choose the amount of single premium.

>> The policy taker can choose the amount to be deposited.

>> He also has the facility to choose the Basic Sum Assured at the time of taking the policy.

>> You can buy both these schemes offline as well as online.

LIC’s SIIP

>> LICSIIP is a regular premium, non participating, unit linked, individual life insurance plan that provides investment along with insurance during the term of the policy.

>> Policy takers can choose the premium amount payable that they want to pay. Guaranteed Additions as a percentage of annualized premiums will be added to the Unit Fund under an in force policy, on completion of the specified policy term. The premium and guaranteed additions allocated as per the allocated fund type will be used to purchase the units.

>> The minimum premium payable is Rs.40000 (for annual mode) with no maximum premium limit.

>> On completion of the policy, an amount equal to the Unit Fund Value will be given. After completion of five years of the policy, some money can also be withdrawn as per the terms of the policy.

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The interest rate of Senior Citizen Saving Scheme ie SCSS is 7.6 percent. In this scheme lump sum money is deposited. A minimum of Rs 1000 and a maximum of Rs 15 lakh can be invested. In this scheme, your money will double in nine and a half years i.e. 113 months. The maturity of this account is completed in 5 years. Interest is paid every quarter in this scheme.

The amount matures after 5 years

A minimum of Rs 1000 and a maximum of Rs 15 lakh can be deposited in this account. The amount is deposited in multiples of 1000 in the scheme. The deposit amount matures after 5 years from the date of opening of the account. If the depositor wishes, he can extend the term of the account for three years after the maturity of the deposit. But this extension option is available only once. Interest is payable on the deposit amount on quarterly basis. Presently the interest is 7.40% per annum which is effective from 01 April 2020. This rate will remain till 30 September. The rate is reviewed on March 31, June 30, September 30 and December 31.

Who can take advantage of this scheme

• Those senior citizens whose age is more than 60 years.
• People who have taken VRS between the age of 55 to 60 years can also take advantage of it.
• Retired defense personnel up to the age of 50 years.

Benefits of this scheme

• Senior Citizen Savings Scheme is a small savings scheme backed by the Government of India, hence it is considered one of the reliable and safe options.
• The interest rate of 7.40% per annum is much better than investments like FDs and savings accounts.
• This account can be transferred anywhere in India.
• Under Section 80C of the Income Tax Act, you can claim tax exemption of Rs 1.5 lakh per year by investing in this scheme.
• Interest is paid every three months under this scheme. Interest is credited to your account on the first day of every April, July, October and January.

Account opening process

To open this account in post office or public / private banks, you will have to fill a form, as well as submit this form along with two passport size photographs, identity proof and copies of other KYC documents. The advantage of opening an account with a bank is that the deposit interest can be directly credited to the savings bank account of the depositor with the bank branch. Account statements are sent to the depositors through post or email.

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Is. Now the invested money can be withdrawn by just filling a withdrawal form. For this investors will not have to fill separate annuity form.

As per the circular issued on September 13, 2022, the NPS subscriber will not be required to fill a separate annuity proposal form for NPS withdrawal. This form can be filled online. All the information related to the plan and withdrawal will have to be filled in the NPS withdrawal form. Missing any kind of information can stop your NPS money.

What is the process for withdrawal now? Till now online and offline forms are submitted to the nodal office for withdrawal under NPS. At the same time, along with an amount in this form, detailed information has to be given about it. Once they decide on the plan, they have to submit the form given by the insurance companies with complete details.

According to a PFRDA circular dated November 14, 2022, with the coming together of the two financial institutions, the benefits available to the subscribers have increased manifold. At the same time, with this decision, NPS subscribers will get many benefits. Let us know what are the benefits of this.

What will be the benefits

– Now it has become easy to get annuity and it will take less time to issue it.
There will be a uniform process for lump sum payment and issuance of annuity.
After the retirement of the subscriber, the amount will be paid as retirement fund and pension every month.

Where to download

the form : According to the circular issued by PFRDA, subscribers along with KYC and all relevant documents will have to upload the exit form on the CSR system. On the other hand, NPS retired along with senior citizens will have to register on Jeevan Pramaan portal for life verification with Aadhaar enabled.

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LIC keeps bringing many types of policies for its customers from time to time. Today we will tell you about LIC’s money saving policy (LIC Dhan Sanchay Policy). In this policy, you get guaranteed returns, along with many tremendous benefits. Know here the details related to the plan.

Plan gives guaranteed returns

LIC Dhan Sanchay Plan is a non-linked, non-participating, individual saving life insurance plan, which works to provide life insurance cover along with savings. Under this policy, in case of death of the policyholder, financial assistance is provided to the family during the policy term. Also, you get guaranteed returns with fixed income benefits.

4 investment options in the plan

In this plan of LIC, you are given 4 options. A sum assured of Rs 3,30,000 is given under Plan A and B, a minimum sum assured cover of Rs 2,50,000 under Plan C and a sum assured of Rs 22,00,000 under Plan D. To take the policy of Dhan Sanjay Yojana, the minimum age should be 3 years. At the same time, the maximum age limit varies according to the plan. The maximum age for Plan A and B is 50 years, 65 years for Plan C and 40 years for D.

Lowest premium of 30 thousand rupees

You can buy this policy for 5, 10 and 15 years. For the number of years the premium is paid, the income is generated for that number of years. For example, if you take a plan for 5 years, then you will continue to get regular income for 5 years. The lowest premium is Rs.30,000 per annum and there is no limit on the maximum. Through this plan, you can also avail the facility of loan. Along with this, you can also avail riders by paying extra. If you want to buy this policy, then you can buy it both online and offline. For more details you can visit https://licindia.in/ .

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Let us tell you that new standards have been set for those who take ration from the government ration shop. Let us know which new standards have been set.

There is big news for Ration Cardholders. If you also take ration from the dealer, then the government has made a big change in the rules. The Department of Food and Public Distribution has given information about this. Let us tell you that new standards have been set for those who take ration from the government ration shop. Let us know which new standards have been set.

According to the information received from the Department of Food and Public Distribution , prepared according to the new standards, the facility of free ration is being given to the customers across the country. Meanwhile, the government has decided to change the standards for the eligible citizens. It is being told that now the drafts of the new standard are almost ready.

The state governments have also held a meeting to set new standards for cheap ration taking 80 crore people . At present, about 80 crore people across the country are taking advantage of the National Food Security Act (NFSA). In these, many financially prosperous people are also taking advantage of the facility of free ration and cheap ration.

New standards will be made transparent , in view of this, the Ministry of Public Distribution is now going to make changes in the standards. Actually, now the new standard will be made completely transparent so that there can be no mess.

Only eligible citizens will be able to avail the benefits . There is a lot of discussion about the change in the standards by the state government. Apart from this, several meetings have also been held. Soon they will be finalized and released. Under the new standards, only eligible citizens will be able to take advantage of the government scheme. Ineligible people will not be able to take advantage of it in a wrong way.

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The country’s largest and trusted insurance company i.e. Life Insurance Corporation of India (LIC) had closed one of its very popular insurance policy Jeevan Akshay Policy, but now it is being started once again. Under LIC Jeevan Akshay policy, the policyholder gets an opportunity to avail pension for life after paying the installment only once.

No maximum investment limit

Jeevan Akshay Policy is a single premium non linked non participating and personal annuity plan. The policy can be started by investing at least Rs 1,00,000 in this. There is no limit on the maximum investment in this policy.

If a person invests at least one lakh rupees in this policy, then they will get an annual pension of Rs 12,000. This means that on a one-time investment of Rs 1 lakh, you will get Rs 12,000 as pension every year. Since there is no maximum investment limit, the policyholder can invest as much as he wants in it. The amount of pension will depend on the amount invested.

What is qualification?

Talking about eligibility, people of 35 years to 85 years can take this policy. Apart from this, people with disabilities can also take advantage of this policy. A special feature of this policy is that 10 options are also given for how to get the pension amount.

How to get a pension of 36 thousand rupees every month?

By choosing the option of Annuity payable for life at a uniform rate of Jeevan Akshay policy, you can get a pension of 36 thousand rupees every month by investing a lump sum in this policy. For example, if a 45-year-old person opts for this plan and also opts for the sum assured option of Rs 70,00,000, then he will have to pay a lump sum premium of Rs 71,26,000. After this investment, he will get a pension of Rs 36,429 per month. However, this pension will stop after death. LIC There are many such plans in the Jeevan Akshay policy.

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The government is running Sukanya Samriddhi Yojana for daughters . By investing in this scheme, parents can secure the future of their daughters. How to take advantage of it Sukanya Samriddhi Yojana is such a long term plan. By investing in this, you can add money from your daughter’s education to marriage expenses. Under Sukanya Samriddhi Yojana, the account of daughters below the age of 10 years is opened in the name of their parents only.

Under this scheme, you can invest from Rs 250 to Rs 1.50 annually. How many daughters will open an account from a family, earlier in this scheme, only two daughters’ account was exempted from tax under 80C. But now it has changed and under the rule, if two twin daughters are born after one daughter, then their account will also get tax exemption.

When can accounts be closed?

The account opened under Sukanya Samriddhi Yojana could be closed in the first two circumstances. If the girl child dies or if the address of the daughter’s residence is changed, then this account could be closed. But after the new change, the life-threatening illness of the account holder has also been included in it. The account opened under Sukanya Samriddhi Scheme can be closed prematurely even after the death of the parents.

How to open account?

To take advantage of this scheme, you can open an account by visiting any nearest post office or bank. Sukanya Samriddhi Yojana matures in 21 years. However, after the girl’s age is 18 years, money can be withdrawn from this account for studies. Full amount is available only after 21 years.

Documents required for Sukanya Samriddhi Yojana-

At the time of opening the account under Sukanya Samriddhi Yojana, it is necessary to give the girl’s birth certificate in the post office or bank. Also, the identity card and address proof of the girl and her parents are required.

How will the amount be deposited in the account?

The amount invested in the Sukanya Samriddhi Yojana account can also be deposited in cash, cheque, demand draft or in any such manner as the bank accepts.

How much interest will you get on investment?

At present, interest is getting at the rate of 7.6% on investment in Sukanya Samriddhi Yojana. Under this scheme, by investing a small amount, you can add lakhs of rupees. Sukanya Samriddhi Yojana is getting more interest than all the savings schemes of the bank or post office.

If you invest up to Rs 1000 every month under this scheme, then according to 7.6% interest rate, you will get an amount of more than Rs 10 lakh like this.
• Deposited in 1 month – Rs 1000
• Total deposit in 12 months Rs -12000
• Deposit up to 15 years – Rs -18,0000
• Total interest on deposit up to 21 years + Total deposit – Rs 329,212
• On attaining 21 years But after adding the total deposit + total interest, the money will be returned – Rs 10,18,425
• In this way, when your daughter is 21 years old, then lakhs of rupees will be deposited in her name. When you want your daughter to get married, then you can easily withdraw this money.

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Under this, employees retiring in less than six months can now withdraw deposits under the Employees’ Pension Scheme 1995 (EPS-95), the benefit of which will be available to more than 6.5 crore EPFO ​​subscribers-employees across the country.

In fact, till now the Employees’ Provident Fund Fund (EPFO) allows subscribers to withdraw deposits from the Employees’ Provident Fund account with less than six months of service left, but this has been changed from November 1.

Under the statement issued by the Ministry of Labor, the recommendation made by the Central Board of Trustees (CBT) to the government also includes giving the facility of withdrawal from their EPS account to the members with less than 6 months of service period. Apart from this, the 69th Annual Report on the functioning of the EPFO ​​for the financial year 2021-22 was also approved, which will be presented in the Parliament.

In the 232nd meeting of the Central Board of Trustees, EPF, chaired by the Union Minister of Labor and Employment, Environment, Forest and Climate Change in New Delhi on Monday, the Board has given its 69th Annual Report on the functioning of Employees’ Provident Fund Organization (EPFO) for the year 2021-22.

Approved the report and recommended it to the Government for laying it before the Parliament. The Board along with the audit report in respect of EPF Scheme 1952, Employees Pension (EPS) Scheme 1995 and Employees Deposit Link Insurance Scheme 1976 for the year 2020-21 Audited, approved the annual account and recommended it to the Government for laying it before the Parliament.

The board recommended certain amendments in the EPS to the government. Proportionate pension benefits should be given to such members who have been in the scheme for more than 34 years. This should be done by taking into account the factors for the year “below 35 years” to the year “under 42”.

Also give withdrawal benefits to members with less than six months service and enable same transfer value calculation in cases of exemption or cancellation of exemption from EPS 95. The Board approved the Information Security Policy of the Employees’ Provident Fund Organization.

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If you also live in an area where you have to travel in 2 or more states or you are in transferable job where you have to move from one state to another after every two-three years. If possible, then the number plate with BH registration can prove to be very beneficial for you. The Government of India has started the registration of the car through the number plate of the BH series a few days back.

The number plate of BH series can be taken by the central and state government employees. Along with this, people working in PSUs like NHPC including BHEL, BEL, ONGC and BSNL can also take BH series number plates.

Along with this, the army and defense force staff can also take BH series number plates. Such employees of a private sector company or organization can also take a BH number plate car, which is often transferred. Employees of a company that has offices in four states or union territories can also take BH number plates.

The BH number plate is available only for new private and non-transport vehicles. Old vehicles and commercial vehicles do not have the facility of BH number plate. BH number plate is very easy to identify. It looks like a normal number plate. Just the way of putting numbers on it is a little different.

The front of the BH number plate is written BH in English which means India. After this the 4-digit registration number of the vehicle is written. At the end the category of the vehicle is written.

If you are a government employee then you have to give your official identity card for BH number plate whereas people working in private sector can fill Form 60 and give it to their dealer so that they will get BH registration number in their car.

Buying a new car with a normal number plate will attract road tax for 15 years, depending on the length of the vehicle, engine capacity and its type. On taking BH series number plate, road tax has to be deposited for the coming two years only. After this, road tax has to be re-deposited every two years. Road tax on vehicles with BH series number plates is calculated after deducting GST from the total cost of the vehicle.

If you take the number plate of BH series, then you will have to pay less road tax on it. For example, 8 percent road tax is levied on vehicles running on petrol less than 10 lakhs, 10 percent on vehicles costing 10 to 20 lakhs and 12 percent on vehicles costing more than 20 lakhs, in which diesel vehicles are taxed at 2 percent. increases. Electric car has to pay less tax of 2 percent. Auto experts believe that the disadvantages are negligible as compared to the advantages of BH series number plates.

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The country’s largest insurance company Life Insurance Corporation (LIC) has launched a new pension plan. LIC has named it ‘New Pension Plus Scheme’. It is a non-participating, unit-linked, individual pension plan. Regarding this pension scheme, LIC says that people can prepare their retirement corpus with systematic and discipline through this scheme.

There are two options available for premium payment in this scheme. You can buy this scheme with single premium payment option or with regular payment option. LIC is already running many types of pension schemes. But in the Pension Plus scheme, the policyholder will get many options.

If you subscribe to the new LIC scheme with the regular payment option, you will have to pay the premium for the entire tenure of the scheme. The special thing about this scheme is that you can convert it into regular income by buying an annuity plan or after the completion of the term.

Since it is a non-participating, unit-linked, individual pension plan, investors will have to pay a fixed premium based on the sum assured and get guaranteed returns. Under this scheme, policyholders can change the accumulation period or deferment period as per their requirement under the terms and conditions of the original policy, subject to certain conditions. This option will be available in the pension scheme.

Investors can invest in any one of the four types of investment funds available. There will be a premium allocation charge for every premium. If a policyholder wishes, he can switch funds four times in a policy year. He will not have to pay any kind of fee for this.

The buyer of the New Pension Plus scheme will get the option to select the policy term keeping in mind the amount of premium and minimum and maximum amount of premium, policy term and vesting age.

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LIC Dhan Sanchay Saving Plan Launch: LIC keeps on offering plans for the customers from time to time. Once again Life Insurance Corporation of India (LIC) has launched a new insurance policy named Dhan Sanchay Saving Plan. This scheme has been opened for investors from June 14. That is, you can invest in it. Under LIC Dhan Sanchay Policy, on the death of the policyholder, the family will get financial assistance during the term of the policy. Not only this, it also gives guaranteed income during the payout period after the maturity of the policy.

5 to 15 year plan

According to the information given by LIC, in this particular policy, guaranteed benefits will be given during the payment after the date of maturity of the plan. In addition, guaranteed terminal benefits will also be paid. This plan is for 5 years to a maximum of 15 years. It will get fixed income benefits. Not only this, the facility of increased income benefits, single premium level income benefits and single plan will also be provided in this. Loan lane facility is also available in this. You can also buy riders in this.

LIC launched four options

LIC has launched four options in this plan. Under Plan A and B, Sum Assured cover of Rs 3,30,000 will be available on death. Also, there will be a minimum Sum Assured cover of Rs 2,50,000 under Plan C and Sum Assured cover of Rs 22,00,000 on death in Plan D. The maximum premium limit has not been fixed for these plans.

Know eligibility

To take the policy of LIC Dhan Sanjay Yojana, the minimum age of the subscriber should be 3 years, while 50 years for Option A and Option B, 65 years for Option C and maximum 40 years for Option D. That is, the age group of 3 years to 40 years can invest in it.

Where to buy plan

If you also want to buy LIC Dhan Sanchay Policy, then you can buy both offline through agents / other intermediaries and directly online by visiting www.licindia.in website.

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If you want to take advantage of this free food service of Indian Railways, then you will not get this facility in every train. This facility is only for the passengers of some special trains. From the modernization of the railways to the facilities of the passengers, continuous improvement is being done in every area. In this sequence, the Railways has arranged another facility for its passengers in this festive season.

Indian Railways has brought free food facility for its passengers. Many special trains are being run by Indian Railways in this festival season. On festivals like Diwali and Chhath, Indian Railways has started many special trains for the convenience of the passengers. Meanwhile, Railways is also providing free food facility to the passengers traveling by train.

This facility of Indian Railways is not for the passengers of every train. This facility is being provided only to the passengers traveling in luxury trains like Duronto Express, Rajdhani and Shatabdi. The benefit of this facility will be available only if the train is late for two hours or more. The benefit of free food will not be available on arrival or departure of the train, but if the train is running late by 2 hours or more then you can demand free food. According to a report, in this situation, passengers are allowed to have either a full meal or a mid-meal snack, or lunch, etc., as well as a few selected beverages.

IRCTC is also providing food facility

Indian Railway Catering and Tourism Corporation Limited (IRCTC) is expanding its food service infrastructure by constructing new kitchens and renewing the old ones for the convenience and quality of passengers. IRCTC is also providing WhatsApp facility to its customers to order food online.

You can order food with the help of the app With the help of IRCTC app in the train, you can now order food. For this, passengers will only need their PNR number. Indian Railways is running many special trains for Diwali and Chhath, which are running from Delhi to the cities of Bihar and UP and some other places. In such a situation, if you are not getting a confirmed ticket to go home on festivals, then you can take advantage by booking in these trains.

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New Delhi. In terms of safe investment in India, getting a fixed deposit in a bank has always been the first choice of people. The reason for this is also that the fixed interest in FD can be invested for a fixed period. Now that the interest rates are increasing continuously, the interest on FD is also increasing. At the same time, banks are also offering better interest on FD to attract customers.

At present, some small banks are paying more interest on FD than the big banks of public and private sector. Good returns can be obtained by making FD in these banks.

Kerala Government company is giving 8.35% interest on FD
The Kerala Transport Development Finance Corporation Limited Company, which is backed by the Government of Kerala, is paying 8.35 percent interest on FD. According to the website of this company, it is a State Government Guaranteed Fixed Deposit Scheme.

Common citizens can opt for FD in this company for a period of 1 year to 5 years. One year fixed deposit will get an interest rate of 7 percent with an annual return of 7.23 percent. At the same time, the annual yield will be 7.49 for two years, 7.76 percent for 3 years, 7.72 for four years and 8 percent for 5 years.

At the same time, senior citizens will get more interest than common citizens. Senior citizens get a maximum interest of 7.25 percent on fixed deposits of 1 year to 3 years while the annual yield is 8.35 percent. KTDFC is a non-banking financial company wholly owned by the Government of Kerala.

Many banks have increased the interest rates on FDs
After the increase in the repo rate by the RBI, many banks have increased the interest rates on loans and other savings schemes and loans. Many other banks including SBI, HDFC and Axis Bank are involved.

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In this, you can get 36 thousand rupees every year by depositing 45 rupees. Whenever it comes to buying an insurance policy, most people opt for Life Insurance Corporation of India (LIC). LIC is very popular due to its reach and different plans to the customers. If you are looking for an investment plan with high returns with less investment, then you can opt for LIC Jeevan Umang Policy. In this, you get maturity benefits along with getting annual money.

If you are young and want to earn good profits by investing less money, then consider LIC’s Jeevan Umang policy. It also gives good returns. By depositing only Rs 1400 in every month, you have a capital of Rs 25 lakhs. According to this calculation, then you have to invest only Rs 47 per day in this policy. 25 lakhs will be available on maturity.

Maturity benefit along with pension

If you are thinking of any pension scheme then LIC Jeevan Umang is a better option. Suppose, if you are 26 years old and you buy a Jeevan Umag policy for an insurance cover of Rs 4.5 lakh, you will have to pay around Rs 1,350 per month.

Calculating according to this, your annual premium will be Rs 15,882. After 30 years your premium payment will be Rs 47,6460. If you have paid the premium for 30 consecutive years, then you will start getting a pension of Rs 36,000 every year from the 31st year. Not only this, you will get this money as long as your life is there.

Other Benefits of LIC Jeevan Umang Policy

• If you buy this policy, then you get tax exemption under section 80C of the Income Tax Act.
• The basic insurance amount under LIC Jeevan Umang is Rs 2 lakh.
• If the policyholder dies before the age of 100 years, then all the money will be given to the nominee.
• If the nominee wants, the money can be taken together or in installments.
• If the policyholder survives for 100 years or till the end of the premium paying term, then every year he is also given a survival benefit equal to 8 percent of Basic Sum Assured.

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But this time Paytm has brought such a special feature for the users, with the help of which the user will be able to make payment easily without internet even when the phone is turned off. .

This facility can also be availed without internet and can be used for payment with just one tap through a registered card on Paytm. Both Android and iOS users can use this service. Payment will be made easily and quickly through ‘Tap To Pay’ service.

Paytm has launched a new feature named ‘Tap to Pay’ on Thursday. Under this, Paytm users will not need to scan QR code or enter OTP to make payment. Rather, now they can pay only by touching the PoS machine with their phone.

Under this service, you have to activate your virtual card to make payments from Paytm All in One POS devices and other banks’ POS machines.

Know how to activate – Know how to activate

1. First of all, on the ‘Tap to Pay’ home screen, click on “Add New Card” or select the saved card from the card list.
2. Now enter the necessary information related to the card.
3. After this you have to ‘Accept’ the terms and conditions related to Tap to Pay.
4. OTP will be sent to your mobile number or email ID registered with the card.
5. After filling the OTP, you can see the activated card at the top of the Tap to Pay home screen.

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This scheme has been opened for investors from June 14, that is, from June 14, you can invest in it. Under LIC Dhan Sanchay Policy, on the death of the policyholder, the family will get financial assistance during the term of the policy. Not only this, it also gives guaranteed income during the payout period after the maturity of the policy.

5 to 15 year plan

As per the information given by LIC, in this particular policy, guaranteed benefits will be given during the payment after the date of maturity of the plan. In addition, guaranteed terminal benefits will also be paid. This plan is for 5 years to a maximum of 15 years. It will get fixed income benefits. Not only this, the facility of increased income benefits, single premium level income benefits and single plan will also be provided in this. Loan lane facility is also available in this. You can also buy riders in this.

LIC launched four options

LIC has launched four options in this plan. Under Plan A and B, Sum Assured cover of Rs 3,30,000 will be available on death. Also, there will be a minimum Sum Assured cover of Rs 2,50,000 under Plan C and Sum Assured cover of Rs 22,00,000 on death in Plan D. The maximum premium limit has not been fixed for these plans.

Know eligibility

To take the policy of LIC Dhan Sanjay Yojana, the minimum age of the subscriber should be 3 years, while 50 years for Option A and Option B, 65 years for Option C and maximum 40 years for Option D. That is, the age group of 3 years to 40 years can invest in it.

Where to buy plan

If you also want to buy LIC Dhan Sanchay Policy, then you can buy both offline through agents / other intermediaries and directly online by visiting www.licindia.in website.

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Loan facility

If you have got FD done somewhere, then you get the facility of loan in lieu of it. Apart from this, overdraft facility is also available on the basis of loan in many banks. The reason for this is that the amount of FD is in the form of a guarantee with the bank. The bank gives you the loan according to your amount. If you are unable to repay the loan on time, then that loan is covered by your FD amount.

Insurance cover

You are also given the facility of insurance cover on FD by the Deposit Insurance and Credit Guarantee Corporation. Suppose the bank goes bankrupt due to any reason, then you can get an amount of up to five lakhs under the insurance cover along with the return. That is, there is no tension of losing money.

Life insurance

There are also some banks, which also offer the benefit of life insurance on FD. This amount is equal to the amount of FD. This offer is given by the bank to the customers so that they can attract more and more people for FD. However, there is an age limit as well.

Tax benefits

If you make an FD for 5 years or more, then you get a chance to claim tax exemption under section 80C of the Income Tax Act 1961. If you make an FD of less than 5 years, then you will have to pay tax. Apart from this, if the interest received from the bank in any of the five years exceeds 40 thousand rupees, then you will still have to pay tax.

Guaranteed return

Now let’s talk about the benefits that everyone talks about. That is the guaranteed return on FD. Whether you get an FD for one year, for 5 years or for 10 years, you know how much money you will get at the time of maturity. This is the reason why FD is considered a safe investment and in today’s time, even after having all the investment options, people get FD without worry.

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There should be no risk in investing, we are talking about the National Pension Scheme. This is a government scheme, which is specially designed to give benefit to the elderly. There is no risk in investing in this scheme. This scheme was started in January 2004 for government employees. Later in 2009 it was opened to all categories of people. Under this plan, you have to invest for a long period in your working life. In this scheme, you have to invest 40 percent of the amount in the annuity. From the amount of annuity, you get pension later.

This way you will get 20 thousand rupees pension

If you want to invest in this scheme, then you can start it with an investment of only Rs 1000. People in the age group of 18 to 70 years can take advantage of this scheme. If you invest 1000 rupees a month in this scheme at the age of 20, then till retirement you will have a total corpus of Rs 5.4 lakhs. There will be 10 percent return on this, this will increase this investment to 1.05 crores. If 40 percent of the corpus is converted into a year, then this prize will be Rs 42.28 lakh. Accordingly, assuming 10% annual rate, you will get a pension of Rs 21,140 every month. Along with this, you will get a lump sum amount of about Rs 63.41 lakh.

These benefits will be
available – If you invest in NPS, then 60 percent of the amount on final withdrawal will be tax free. 
The contribution limit in NPS account is 14%. 
The amount invested in the purchase of annuity is also fully exempt from tax.
Any NPS subscriber can claim tax deduction up to 10% of the gross income under section 80CCD(1) of the Income Tax Act, subject to an aggregate limit of Rs. Under section 80CCE, this limit is 1.5 lakhs.
Subscriber can claim additional deduction up to Rs 50,000 under section 80CCE.

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Actually, the state-owned oil company Indane has started a new scheme for the convenience of the customers. Under this you can get LPG cylinder at a low price. With this new plan of Indane, you will get a gas cylinder for just Rs 750. This means that you will get this gas cylinder about Rs 300 cheaper than the normal price.

What is the new facility of Indane Composite cylinder facility has been started by the Indane company for the common people. The weight of this cylinder is less than that of the normal cylinder. Therefore its price has also been kept low. You can buy this cylinder for just Rs 750. Its special thing is that you can easily carry it from one place to another.

What is Composite Cylinder

Composite cylinders are lighter in weight than regular cylinders. In this you get 10 kg of gas. Due to this, the price of these cylinders has also been kept low. The specialty of this cylinder is that they are transparent.

Currently this facility is available only in 28 cities

Indane is currently providing this facility in 28 cities. Soon it will be expanded and this cylinder will be available in all cities. For this the company is currently working.

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Information provided by the department Announcing the rules of work from home, the Ministry of Commerce has informed that now employees will be able to get work from home for a maximum of one year.

Under the new rule, only 50 percent of the employees will be able to get the benefit of work from home. 50% of the employees of the Special Economic Zone Unit will be allowed to work from home. Let us tell you, this rule has been notified for Work from Home Special Economic Zone Rule 43A 2006.

Which employees will get benefits?

The Union Commerce Ministry said that after several requests from employees, the department has introduced new guidelines for Special Economic Zones. The rules notified by the ministry states that these guidelines have been implemented keeping in mind the demands of the industry to follow a uniform nationwide work from home policy across all SEZs.

What are the new guidelines

• These rules are for the employees of IT/ITES SEZ units.
• This would include employees who are temporarily disabled, or are traveling or traveling and working offsite.
• SEZ units will be provided with equipment and secure connectivity for authorized work from home operations.

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Let us tell you that in April 2022, it was launched in Ludhiana under the pilot project of the first phase. At the same time, after its success, preparations are being made to implement it in the whole of Punjab and later in the whole country. This is one of the best pilot project prepared by EPFO. For this, all the documents of the employee retiring two months before will be completed by forming a special team and pension certificate will be provided to all the employees retiring during the retirement month simultaneously.

Explain that the EPFO ​​company should make advance payment of PF contribution due to EPFO ​​along with it for the retirement month. Required documents and required pension claims should be filed with the PF office. The ECR (Electronic Challan cum Return) has to be filed before 15th of the month in which the employee retires. Apart from this, it will be mandatory for the pensioners to submit Form-10D along with the required documents to the PF office. This will enable timely completion of formalities for pension payment and handing over of pension payment orders to pensioners.

In the matter, the Regional Commissioner says that with the guidance of the Central PF Commissioner, this project is being worked on expeditiously or whether it has been successfully used. It will be implemented in entire Punjab. In view of the successful use of the project, it has been presented before the Central Committee. After successful, a plan has been prepared to implement it across the country.

The main objective of this scheme is to make available the pension amount on time to the pensioners so that no person has to wait long for pension after retirement. Pensioners can get the amount of pension on the very first day. Under which now the employees of the state will get pension from the month of retirement.

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According to the Employees’ Provident Fund Organization, under the current rules, only those employees whose salary is more than 15,000 have the right to join the pension scheme. At the same time, only the company which has more than 20 employees is allowed to join the EPF scheme. With these rules EPFO ​​currently has more than 55 million subscribers.

The Employees’ Provident Fund Organization is contemplating to change the rules and obligations under the EPF and Miscellaneous Provisions Act 1952. To give convenience to those doing their own business, EPFO ​​also wants to make the rules flexible so that such people can also be added to the pension scheme and they can also get its benefits.

The senior official said that to give the benefit of EPFO’s pension scheme to the employees of every salary category, it is being considered to eliminate the requirement of 15,000 salary. Apart from this, preparations are on to bring their own business or self-employed people under the purview of the scheme. Along with this, the limit of more than 20 employees on companies is also being considered to be removed.

The Employees’ Provident Fund Organization (EPFO) has sent information regarding this change to the stakeholders and the states for consideration. It is believed that the employees are going to get maximum benefits if this change process of EPFO ​​is implemented. EPFO anyway works only to secure the future of the employees and this step will prove to be a big one. At the same time, the equity investment prospects of EPFO ​​will also get a boost.

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There are about 73 lakh pensioners in EPFO ​​Employees Provident Fund Organization. If you are also a member of Employees Provident Fund Organization, then you will also get its benefit. For your information, let us tell you that EPFO ​​Employees Provident Fund Organization has recently started face recognition facility for its members to file life certificate. This facility can be used from any corner of the country. Senior or old people will get maximum benefit of this new service.

According to media reports, the government will increase the salary of EPF by ₹ 21000. This will benefit lakhs of employees of the country. This will also benefit all those citizens of the country whose salary is ₹ 21000, now they can also dream of joining EPFO . All these people will get the benefit of social security related facilities. Now if this rule is implemented then people getting salary of ₹ 21000 every month will undoubtedly and compulsorily be able to take advantage of PF account.

EPFO Pension Status Latest Update

Through this article, we are providing you a very important information, according to which a very good news will be provided to 73 lakh pensioners of Employees’ Provident Fund Organization (EPFO). Now you will be able to take the help of Face Recognition Facility for filing letters for filing Life Certificate.

How will older people benefit the most?

EPFO Pension Status: If you have information, then let us tell you that every year pensioners have to file life certificate. Only after this they are given pension for a year. But now they can file their detail life certificate through face recognition facility.

Older people will benefit the most from this. Because through this, those whose age has increased a lot, it was becoming difficult for them to match the biometrics with the fingerprint of the iris. But now it won’t be difficult.

Calculator facility available

EPFO Pension Status: Union Labor and Employment Minister Bhupendra Yadav has launched a calculator for pensioners, apart from this, the Labor Minister has also launched a calculator for the insurance scheme related to pension and employee deposits. Through this calculator all pensioners and all their family members can calculate all death related insurance benefits other than pension through online mode.

Along with this, the Labor Minister has also released the training policy of EPFO. Its main objective is to make the officers and employees of EPFO ​​capable and accountable as well as future ready.
Under the training policy 14000 personnel are trained for 8 days every year. After all this, the total budget to be spent in this is 3% of the salary budget.
Along with this, the Labor Minister has also prepared and released a legal framework document with the aim of making EPFO ​​efficient and responsible. To ensure disposal of cases in a time bound manner.

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Generally, people make fixed deposits or postal deposits in the bank to meet the requirement of regular cash flow. FDs have become a bit more attractive after the recent hike in interest rates, but still they are not at par with mutual funds in terms of returns. Hence, those who know about SWP, go less towards FD.

After all, what is Systematic Withdrawal Plan

, if an investor wants a fixed amount from his fund every month or on 3 months or on an annual basis, then SWP can be resorted to. Under this, first a lump sum investment is made in a mutual fund. Then the Asset Management Company (AMC) will keep adding the same amount to your bank account on the due date. Under SWP, some units from the mutual fund scheme are sold every month to provide you cash. An investor can continue this as long as the money invested by him or the mutual fund units purchased from him is pending.

How To Withdraw Money: Fixed Periodic Withdrawal

Fixed Periodic Withdrawal allows a fixed amount to be withdrawn at a fixed time, like every month, quarter or after 6 months or a year. The mutual fund house will sell units equal to the SWP amount and transfer the funds to the investor’s account.

How to make money: Appreciation Withdrawal?

As the name suggests, the appreciation you get on your money will be withdrawal. It will be easy to understand it with an example. Suppose, a person has put 10 lakh rupees in a mutual fund, which averages 1.5 percent every month i.e. increases. If the investor takes the monthly SWP scheme under the Appreciation Withdrawal, then around Rs 15,000 will be transferred to his bank account every month. Since only the appreciation has been taken out, the original capital remains the same. However, it is affected by fluctuations in the market.

Benefits of SWP In a Systematic Withdrawal Plan, investors have every right to choose the amount, the period of withdrawal, and the date everything. Not only this, the investor can stop the SWP whenever he wants. If you want to invest, you can put more money or you can withdraw all the money at once.

Another big advantage is that it can be used like regular income. Along with regular income, the rest of your money keeps on increasing gradually. If you withdraw less than the returns of the fund, the money keeps on growing in the long run. For those who choose it for their regular expenses, it becomes a great plan.

Tax on Systematic Withdrawal Plan?

If you want, you can finalize an amount that you need every fixed period, or you can decide to remove the appreciation or capital gains. You have to pay capital gains tax. If you withdraw money after a longer period, then Long Term Capital Gains Tax (LTCG) will have to be paid. According to miraeassetmf.co.in, the tax types on different funds also change.

1. Equity Funds
, if you redeem within 12 months from the date of investment, are considered as short term gains and attract 15% tax. Gains made after 12 months from the date of investment are treated as long term capital gains and are tax-free up to Rs 1 lakh in a financial year. Long term capital gains tax is levied on more than Rs 1 lakh, which is currently 10%.

2. Non-Equity Funds
will be treated as short term capital gain if they are redeemed within 36 months from the date of investment. This investment is added to the income of the investor and taxed according to his bracket. Gains redeemed after 3 years are treated as long term and are taxed at 20% after indexation benefit.

(Disclaimer: Mutual fund investments are subject to market risk, read all the scheme documents carefully. If you wish to invest in any fund, first consult a certified investment advisor. For any profit or loss you may have, please consult a certified investment advisor. News18 will not be responsible for this.)

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The government is running Sukanya Samriddhi Yojana for daughters . By investing in this scheme, parents can secure the future of their daughters. How to take advantage of it Sukanya Samriddhi Yojana is such a long term plan. By investing in this, you can add money from your daughter’s education to marriage expenses. Under Sukanya Samriddhi Yojana, the account of daughters below the age of 10 years is opened in the name of their parents only.

Under this scheme, you can invest from Rs 250 to Rs 1.50 annually. How many daughters will open an account from a family, earlier in this scheme, only two daughters’ account was exempted from tax under 80C. But now it has changed and under the rule, if two twin daughters are born after one daughter, then their account will also get tax exemption.

When can accounts be closed?

The account opened under Sukanya Samriddhi Yojana could be closed in the first two circumstances. If the girl child dies or if the address of the daughter’s residence is changed, then this account could be closed. But after the new change, the life-threatening illness of the account holder has also been included in it. The account opened under Sukanya Samriddhi Scheme can be closed prematurely even after the death of the parents.

How to open account?

To take advantage of this scheme, you can open an account by visiting any nearest post office or bank. Sukanya Samriddhi Yojana matures in 21 years. However, after the girl’s age is 18 years, money can be withdrawn from this account for studies. Full amount is available only after 21 years.

Documents required for Sukanya Samriddhi Yojana-

At the time of opening the account under Sukanya Samriddhi Yojana, it is necessary to give the girl’s birth certificate in the post office or bank. Also, the identity card and address proof of the girl and her parents are required.

How will the amount be deposited in the account?

The amount invested in the Sukanya Samriddhi Yojana account can also be deposited in cash, cheque, demand draft or in any such manner as the bank accepts.

How much interest will you get on investment?

At present, interest is getting at the rate of 7.6% on investment in Sukanya Samriddhi Yojana. Under this scheme, by investing a small amount, you can add lakhs of rupees. Sukanya Samriddhi Yojana is getting more interest than all the savings schemes of the bank or post office.

If you invest up to Rs 1000 every month under this scheme, then according to 7.6% interest rate, you will get an amount of more than Rs 10 lakh like this.
• Deposited in 1 month – Rs 1000
• Total deposit in 12 months Rs -12000
• Deposit up to 15 years – Rs -18,0000
• Total interest on deposit up to 21 years + Total deposit – Rs 329,212
• On attaining 21 years But after adding the total deposit + total interest, the money will be returned – Rs 10,18,425
• In this way, when your daughter is 21 years old, then lakhs of rupees will be deposited in her name. When you want your daughter to get married, then you can easily withdraw this money.

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In such a situation, with the change of power in Bihar, the government has become serious about the old pension. In this a big statement of the minister of the state government has come to the fore. In fact, Education Minister Professor Chandrashekhar has said in a press conference that the state government is serious about implementing the old pension scheme.

This will be considered. Due to this, once again the hope has increased among the pensioners and employees of the state regarding the old pension scheme. However, after being in the government with NDA, Nitish Kumar’s government made a different statement on this during the budget session. During this, in the budget session, Bijendra Prasad Yadav had said that the new pension system is applicable for government employees. No proposal to implement the old pension system is currently under consideration.

With the change of the same government, once again the demand has started regarding the old pension scheme. At the same time, the government sitting in the opposition, which was demanding to implement the old pension scheme, now it will be a big step for them to answer on this. Here the process has been started to implement the old pension scheme in Jharkhand. Apart from Bihar, the demand for implementing the old pension scheme in Uttar Pradesh has intensified. Earlier, in Himachal Pradesh, the employees are constantly adamant about the demand for the old pension scheme.

On which the CM issued a big statement saying that the old pension scheme can be considered. It is noteworthy that from April 1, 2004, the old pension scheme has been discontinued in the country. The pension scheme has been changed to the National Pension Scheme. After which the employees of the country are continuously making increased demands regarding the old pension scheme.

In view of the demand for the same old pension scheme, many state governments are preparing a guarantee pension scheme, while the central government is also preparing to make some new arrangements in the pension system. In such a situation, after the change of power in Bihar, what kind of arrangement does the state government make on the new demand of the employees. It will be interesting to see what is the opinion of the Chief Minister and others on this statement of the Education Minister.

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According to the latest tweet by the Ministry of Electronics and IT, ‘Aadhaar card has the advantage that pension and PF payments are made directly into the pensioner’s account and the beneficiaries can still receive their pension payments without visiting the bank and submitting their life certificates. are capable of.’

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There are about 73 lakh pensioners in EPFO ​​Employees Provident Fund Organization. If you are also a member of Employees Provident Fund Organization, then you will also get its benefit. For your information, let us tell you that EPFO ​​Employees Provident Fund Organization has recently started face recognition facility for its members to file life certificate. This facility can be used from any corner of the country. Senior or old people will get maximum benefit of this new service.

According to media reports, the government will increase the salary of EPF by ₹ 21000. This will benefit lakhs of employees of the country. This will also benefit all those citizens of the country whose salary is ₹ 21000, now they can also dream of joining EPFO . All these people will get the benefit of social security related facilities. Now if this rule is implemented then people getting salary of ₹ 21000 every month will undoubtedly and compulsorily be able to take advantage of PF account.

EPFO Pension Status Latest Update

Through this article, we are providing you a very important information, according to which a very good news will be provided to 73 lakh pensioners of Employees’ Provident Fund Organization (EPFO). Now you will be able to take the help of Face Recognition Facility for filing letters for filing Life Certificate.

How will older people benefit the most?

EPFO Pension Status: If you have information, then let us tell you that every year pensioners have to file life certificate. Only after this they are given pension for a year. But now they can file their detail life certificate through face recognition facility.

Older people will benefit the most from this. Because through this, those whose age has increased a lot, it was becoming difficult for them to match the biometrics with the fingerprint of the iris. But now it won’t be difficult.

Calculator facility available

EPFO Pension Status: Union Labor and Employment Minister Bhupendra Yadav has launched a calculator for pensioners, apart from this, the Labor Minister has also launched a calculator for the insurance scheme related to pension and employee deposits. Through this calculator all pensioners and all their family members can calculate all death related insurance benefits other than pension through online mode.

• Along with this, the Labor Minister has also released the training policy of EPFO. Its main objective is to make the officers and employees of EPFO ​​capable and accountable as well as future ready.
• Under the training policy 14000 personnel are trained for 8 days every year. After all this, the total budget to be spent in this is 3% of the salary budget.
• Along with this, the Labor Minister has also prepared and released a legal framework document with the aim of making EPFO ​​efficient and responsible. To ensure disposal of cases in a time bound manner.

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PNB has given information about this account through a tweet. The tweet reads, by opening ‘My Salary Account’, customers can increase their benefits manifold. According to PNB, zero initial deposit has to be given in My Salary Account. That is, no money will have to be paid while opening the account. Customers will get sweep facility in this account.

These facilities will be available

Benefits of overdraft Customers can also avail overdraft facility in PNB My Salary account. In this, customers also get personal accidental insurance cover. You can also take a free credit card with the account. If you need money in an emergency, you can take a loan from this account in the form of overdraft. In overdraft, you will get the facility to withdraw more money from the account. The service of sweep facility is also available on this account.

The sweep facility is very special in which customers get the facility to transfer money to another account. Punjab National Bank runs Prudent Sweep Deposit Scheme which helps you earn high interest rate on your savings. In this facility, money is automatically transferred from savings account to fixed deposit.

Get 20 lakh benefit like this

PNB is offering many benefits including insurance cover to its salary account holders. A personal accident cover of Rs 20 lakh is being given to the customer on opening a PNB MySalary account with the facility of zero balance and zero quarterly average balance.

4 types of salary account

• In this account, those who get salary from 10 thousand to 25 thousand per month have been kept in silver category.
• Apart from this, people from 2500 to 75000 rupees have been kept in the gold category.
• Rs 75001 to Rs 150000 is kept in the premium category
• At the same time, those with a salary above Rs 150001 have been kept in the Platinum category. 

Get a profit of three lakhs like this  

In PNB My Salary Account, overdraft facility is given to the customers by the bank. Silver category people will get the facility of overdraft up to Rs 50,000. Apart from this, overdraft facility will be available for 150000 for Gold, 225000 for Premium and 300000 for Platinum.

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With the help of this card, many special facilities are given to senior citizens. Along with the government, the benefits of private schemes are also given with the help of this card. In this card, senior citizen’s blood group, emergency contact number, allergy and other medication details are given. So let’s know how to make Senior Citizen ID Card.

Senior citizens card is made by the state governments at their level. For this, one has to apply on the online website of the state government. Some documents also have to be submitted along with the application so that the process of verification of the application can be completed.

Documents for 1-age proof can be given for this Passport, PAN Card, School Leaving Certificate

2- The documents of the residence certificate
can give valid documents such as ration card, passport, election card, electricity or phone bill which is in the name of the applicant.

3-Medical information papers
, blood report, medication and allergy report have to be given in this

4- 3 stamp size photographs are also to be attached

How to apply 

For making Senior Citizen ID card, you have to apply on the website of the state government. Its form is available only on the state government website where it can be filled online. If you live in Delhi and want to make Delhi Senior Citizen ID Card, then you can click on this link http://www.delhipolice.nic.in/seniorcitizen/index.html. Similarly, forms are also available on the online websites of other state governments where they can be filled and applied.

The applicant has to register and submit the application form along with two photographs and one copy of address proof and one age proof document. Thereafter, the applicant can proceed with the registration process. Every applicant who has submitted the required documents and completed the registration process will receive a Senior Citizen Identity Card after the approval of the application and verification of the documents.

For more information or for other information regarding the application process for obtaining a Senior Citizen Identity Card, one can contact the officials on the toll-free number 1291 or 100.

Benefits of Senior Citizen Card

Earlier, senior citizens were given concession in fare in the railways, but now it is closed. However, even now a separate ticket counter is provided. Discounts are given in flight tickets. Income tax is less as compared to others, as well as exemption from filing returns in some cases. FD earns more interest than the general public.

Post office investment scheme offers more benefits and facilities than common people. Free treatment is given in government hospitals and treatment is given at subsidized rates in government hospitals. If applying for government company MTNL and BSNL, exemption in registration charge and monthly rental charge is also waived.

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The amount deposited in the PPF account earns interest at a fixed rate, which is revised every quarter by the government. Right now its rate is 7.1 percent. However, here is a hitch in the interest calculation, which you can understand to increase your returns to some extent. Since, investment in PPF is fully protected by the government, there is no risk involved in investing in it. Invest between April 1-5, the money will increase, then the interest is calculated on the balance between the 1st to 5th of every month on the money deposited in the PPF account.

In such a situation, try to deposit money in the PPF account between the 1st to 5th date. Apart from this, if possible, instead of putting money in the account little by little throughout the year, deposit the money only between April 1-5, this will bring more interest to your account.

Benefits of Investing in PPF

• Triple Benefit: There is a triple benefit on investment in PPF. In this, tax benefit is available under section 80C on investment up to Rs 1.5 lakh. The interest earned on this investment is tax free and there is no tax to be paid on the maturity amount.

Option to become a millionaire: There is a lock-in of 15 years on investment in PPF. After 15 years, you can withdraw money from PPF account or increase it in blocks of 5-5 years. If you continue to invest in it for 25 years, then the maturity amount will exceed Rs 1 crore. For example, if the current rate of 7.1 per cent of PPF is maintained for the next 25 years, then after 25 years, an annual investment of Rs 1.5 lakh will yield a maturity amount of Rs 1.03 crore.

Loan facility: There is facility to take personal loan against PPF account. This benefit can be taken in the third and sixth year from the opening of the account. This is especially beneficial for those who want to apply for a short term loan and do not want to pledge any assets. There is also an advantage of taking loan benefit from PPF account that interest has to be paid at a lower rate than the loan taken from banks. In its repayment also, there is a facility to pay in lump sum or in installments.

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In fact, according to the tax rules, it is mandatory for government employees to file online Form 10E to claim relief under section 80. Explain that as per the recommendation of the 7th Pay Commission, the central employees get more salary, pension and allowances, it is mandatory for all the employees to file ITR. 31st July 2022 was the last date to file ITR returns in which more than 5.8 returns were filed.

Central employees can claim exemption and relief from the government for payment of dues. He is the only such taxpayer who claims relief under section 89 without filing Form 10E. They are provided by the Income Tax Department. Taxpayers will not be able to claim relief under section 89 without filing Form 10E.

Talking about the salary revision of central employees, recently the government has made it clear in the Parliament that the salary allowance will be determined according to the recommendation of the Seventh Pay Commission for the payment of salaries of government employees. There is no need to constitute another Pay Commission for this.

Not only this, the government has not claimed whether there will be 8th Central Pay Commission in future or not, but this year the salary, allowances of the employees will be determined according to the recommendation of the 7th Pay Commission. Along with this, an increase of 4 percent can be seen in the DA of the employees soon.

Form 10E can be filed by:

• Log on to http://www.incometax.gov.in.
• After logging in, click on the tab e-File.
• Click on Income Tax Form.
• Click on File Income Tax Form.
• Select the option “Tax Exemptions and Relief/Form 10E

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1. Eligibility for Refund: Taxpayers who file ITR on or after the due date specified by the Income Tax Department are eligible for ITR refund.
2. Interest accrues on ITR refund: If a taxpayer has filed ITR within the due date of 31st July 2022, then he will get interest on ITR refund with effect from 1st April 2022.
3. Rate of interest on ITR refund: Taxpayers who file ITR within the given date of filing return are eligible for 0.50 percent monthly interest on their ITR refund amount.
4. Tax Rules on ITR Refund: ITR refund amount is an income which the taxpayer has already reported in the respective financial year. Hence, the ITR refund amount is not taxed. However, the interest earned on the ITR refund amount is taxed as per the applicable income tax slab on the taxpayer after adding the interest amount with the net annual income of the individual.
5. Calculation of interest on ITR refund: If a taxpayer has failed to file ITR within the given date for filing ITR, he can file his ITR by paying a late fine. However, one who has filed ITR after 31st July 2022 will not get interest on ITR refund with effect from 1st April 2022.

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The Income Tax Department has urged taxpayers not to wait till the last minute to file their Income Tax Return (ITR) . The last date for filing ITR for the assessment year 2022-23 is July 31, 2022. The department has reminded the taxpayers not to delay and file their ITR today as the due date is approaching soon. Also, the department asked the taxpayers to e-verify after filing.

The ITR form enables a taxpayer to report his income and taxes paid to the department in a financial year. It is mandatory to file ITR if your income exceeds the basic exemption limit.

The IT department on Saturday said, “The due date for filing ITR is approaching! Don’t forget to file ITR for AY 2022-23 before 31st July 2022 . Spend today and avoid the stress of filing last minute.

The due date to file ITR is approaching!
Don’t forget to file ITR for AY 2022-23 before 31st July 2022.
File today and avoid the stress of filing last minute!
Pl visit: https://t.co/GYvO3n9wMf#ITD #FileNow pic.twitter.com/B4vm4j04jo

— Income Tax India (@IncomeTaxIndia) July 16, 2022

By filing ITR on time, you will get these five big benefits-

Technical issues The income tax e-filing portal was launched in June last year, but there have been several occasions where the system has faced technical issues and glitches, which has made it difficult for taxpayers to file income tax returns, or file any other tax obligations on time. interrupted by.

Earlier this month, on July 2, the Income Tax Department said that they have noticed that taxpayers are facing problems in accessing the ITD e-filing portal. Infosys, the seller of the e-filing portal, said that there were some irregularities on the portal, for which proactive steps are being taken.

So, it is always better to be prepared and file your ITR on time or perhaps even before the deadline to avoid any lapses that may delay your filing process. There may be heavy traffic on the system for last-minute ITR filers.

Possibility of errors

The last minute rush to file ITR can open up the possibility of mistakes, leading to rejection of your return by the department. Untimely ITR filing has been seen as one of those mistakes which can result in error.

Some of the most common errors are – filling up of wrong ITR form, quoting wrong assessment year, and wrong personal information like name, date of birth, PAN and bank details. In addition, there may be factual errors, calculation errors, misrepresentation of income, and missing additional details of investments and other income.

It is always better to have enough time in advance when you file your ITR. It helps you to keep calm and file and check your documents thoroughly.

According to the IT department, a request for rectification can be submitted on the e-filing portal, if a notice issued by the CPC under section 143(1) or section 154 shows any discrepancy on record or by the Assessing Officer ( Where the correction rights are transferred by the CPC). Correction request can be submitted only for those returns which have already been processed by CPC.

Further, the department directs that correction of tax liability, gross total income, total deduction and personal information can be done by the taxpayers on the e-filing portal.

Penalty

If you fail to file your ITR on time, you will be liable to pay a certain amount as penalty to the department.

Section 234F of the Income-tax Act states, “Without prejudice to the provisions of this Act, where a person is required to furnish a return of income under section 139, he shall do so within the time prescribed in sub-section (1).” fails to do. said section, he shall pay the fee as…”

For filing returns on or before December 31 of the assessment year, a penalty of Rs 5,000 is levied. Whereas in any other case the fine will be Rs 10,000.

It is worth noting that if the total income of the person does not exceed 5 lakhs – then the fee payable under this section will not exceed Rs 1,000.

Profit carrying loss

If you file your income tax return on time, you will be able to carry forward your losses in subsequent years. There are two types of loss adjustments.

As per the IT Act, if the taxpayer has suffered loss from any source under a particular income in any year, he is allowed to set off such loss against income from any other source falling under the same head. The process of adjustment of loss from one source under a particular head of income against income from other sources under the same head of income is called inter-head adjustment, e.g. profit from business B against profit from business A. loss adjustment.

Further, it is clarified that if in any year, the taxpayer has suffered a loss under one head of income and income under another head of income, then he shall pass on the loss from one head to the income from the other head. can be adjusted against, for example, under the head of house property to be adjusted against loss salary income. This is called inter-head adjustment.

However, specifically, the loss can be carried forward only if the return of income/loss for the year in which the loss has occurred is furnished on or before the due date of furnishing of ITR prescribed under section 139(1) .

Help in TDS claims

Tax Deduction at Source (TDS) is a very common deduction from an individual’s salary or income from other sources. However, TDS claim can be reversed by filing ITR. During e-filing, a taxpayer should sum up his income from various sources which would result in tax liability, and then deduct them from the amount of TDS applicable to your income. If the TDS of a taxpayer is more than his total tax liability in a financial year – it means refund is due from the government. For TDS, a taxpayer has to submit Form 16 which can be availed from his employer.

By filing ITR on time, you can get your TDS refund in your bank account within few months.

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This is an investment falling in the EEE category, that is, there is no tax on investment, interest and maturity amount. You get great interest on investment in PPF as well as tax exemption on investments up to Rs 1.5 lakh per annum. This is the reason why people are worried about investing in PPF. But you can also get more profit from this investment. If you keep some important things in mind before investing in PPF, then you will be in profit. 

Investment limit in PPF will be doubled 

Investors in PPF not only get assured returns, but also get income tax exemption under Section 80C of Income Tax on investments up to Rs 1.5 lakh. Many times it also happens that even after the limit of PPF investment is over, the investor is left with money and he is looking for investment options. According to tax experts, if the investor is married, then he can open a PPF account in the name of his wife or husband and invest Rs 1.5 lakh separately in it.

Also Read: EPFO Pension: Big news for 73 lakh pensioners, EPFO ​​is going to do this work

These benefits are available on investment in PPF 

According to experts, if you open a PPF account in the name of your life partner, then the limit of PPF investment will also double, although even then the income tax exemption limit will still be Rs 1.5 lakh. Even if you get 1.5 lakh income tax exemption, but it has many other benefits. PPF investment limit doubles to Rs 3 lakh. Being in the EEE category, the investor gets tax exemption on the interest and maturity amount of PPF.

These provisions have no effect 

Income from any sum or gift given by you to your wife will be added to your income under section 64 of Income Tax. However, in case of PPF which is completely tax free on account of EEE, the provisions of clubbing have no effect.  

Also Read: Good news for EPFO account holders money will come in the account before 31st july 2022, know more details

Great trick for married people

In this, when your partner’s PPF account matures in future, then the income from your initial investment in your partner’s PPF account will be added to your income year after year. Therefore, this option also gives married people a chance to double their contribution in the PPF account. This is a better option especially for those people who want to take less risk and do not want to make market linked investments like NPS, Mutual Funds, where the risk appetite is high. Let us tell you that the interest rate of PPF has been fixed at 7.1% for the July-September quarter.

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The deadline for filing Income Tax Return for the financial year 2021-22 (FY22) i.e. assessment year 2022-23 (AY23) is near. The last date for filing ITR is 31st July. However, even after the deadline is near, lakhs of people have not yet filed ITR. The main reason for this is that almost every year its deadline keeps increasing. Although it will happen this time as well, it does not say any rule and if the deadline is not extended then delay may cost you dearly.

For this reason, the Income Tax Department is also reminding people through various means to file ITR without waiting for the deadline. By keeping a few important things in mind while filing ITR, you can save a part of your hard earned money. Let us know what are the important things to keep in mind while filing ITR.

Salaried people get these benefits

In today’s time, there are a large number of people who earn from more than one source. People make savings and investments in the form of future planning. In this way the sources of income of the people get diversified. Apart from salary, many people earn from Rental Income, Shares or Mutual Funds (Income from Share or Mutual Fund). According to the Income Tax Act, taxable income i.e. total taxable income is divided into 5 parts. These include income from salary, income from house property, income from capital gains, income from business or profession and income from other sources. If your source of income is only salary, then there is no need to worry much in filing ITR. Salaried people can find out taxable income from Form-16 and fill ITR with ease. Form-16 gives details of tax deducted so far, total salary, tax exemption and deductions etc.

Save tax on rental income like this

Apart from salary, the most important source of income for most people is rent. Real estate is the preferred investment avenue for Indian people. People buy a house and rent it out and earn money. Three things are important in this category. You need to check whether your property is self-occupied or within the scope of rental property or rentable property. Self-Occupied Property is the property which is in possession of the person himself. If you have more than one property, you can select any one of them as self-occupied property. Income from self-occupied property will not be considered. If the home loan is running on it, then up to Rs 2 lakh on interest and up to a maximum of Rs 1.5 lakh can be claimed under 80C on repayment of principal. The property given on rent is called rental property. Whereas such property

This is ‘Capital Gains’ Tax.

Income from the sale and purchase of houses, shops, mutual funds and shares etc. is also liable to be taxed. The profit made from their sale is called capital gain. The type of capital gain is determined by the amount of time you have sold them after holding them. There are two types of capital gains, which are called short term capital gains (STCG) and long term capital gains (LTCG). Different rates of tax are already fixed for both Short Term Capital Gain (STCG) and Long Term Capital Gain (LTCG). You have to pay tax accordingly.

Take advantage of such options

There are many such people who are doing some side business along with the job. Such people who are earning income from business or any profession, they have to report the income from it in the category ‘Income from business or profession’. Income from other sources includes bank accounts, bank FDs, pensions from insurance companies, dividends from shares and mutual funds, etc. In this way you can find out the total taxable income. After this, tax deductions can be availed under 80C, 80D etc. At present, taxpayers get the freedom to choose between the old tax regime and the new tax regime. About 70 types of tax exemptions and deductions have to be lost by opting for the new tax regime. You can find out which arrangement is beneficial for you on the basis of total taxable income.

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Launch on e-filing website
The Income Tax Department has appealed to the people by tweeting from its official Twitter handle. The department wrote that the sooner you file the income tax return, the more comfortable you will feel. The Income Tax Department said that the e-filing of income tax returns for the assessment year 2022-23 has started on the website. The IT department asked people to avoid last hour rush and file income tax returns early. The tweet said that the last date for filing income tax returns is July 31, 2022.

Why it is necessary to file ITR
If your dream is to start your business by taking loan or you want to buy your dream house with the help of bank loan then it is very important for you to fill ITR. Banks demand ITR for granting business loan or house loan. Keeping the future in mind, you must file your income tax return.

Will get refund soon
Those who have filed returns for the assessment year 2022-23 will be refunded by the Income Tax Department soon. If you file IT late, the process of income tax refund gets delayed due to overcrowding. This way you have to wait for the refund. That is why the Income Tax Department has asked people to file their returns soon so that the load does not increase suddenly.

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