At the same time, people also have to stand in long lines due to toll many times. In order to remove the problems of the people, FASTags were started by the government. With this, people can cross the toll without stopping and paying. However, people should keep many things in mind regarding FASTags.

This is how money is spent

Sometime back the government introduced FASTags, which are prepaid tags fixed on vehicle windscreens that allow you to move through dedicated lanes at toll plazas without stopping. Vehicles are identified using Radio Frequency Identification Technology (RFID) and money is then deducted from the account.

It is important to follow the rules, although you should know about the rules of FASTag. If the rules of FASTag are ignored then trouble may have to be faced. Let’s know about some rules…

First and foremost in the new rules of FASTag is that these tags have been made mandatory by the government.

If you enter the FASTag lane without the FASTag, you will be liable to pay double the toll amount.

– If your FASTag is not serviceable due to some damage to RFID or insufficient balance, you will have to pay double the toll amount.

– From April 2020, the government has made FASTag mandatory for obtaining third party insurance for your vehicle, making it essential to obtain FASTag even if you are not taking your car on the highway.

Most vehicles sold after 2017 come with pre-fitted FASTags. So, if you are the owner of an old vehicle, you will have to get FASTag done.

The post FASTag Rules: Government’s announcement, it is necessary to follow these rules of FASTag, otherwise…. first appeared on Rightsofemployees.com.

According to the government’s announcement, till June 30, goldsmiths can sell their stock of jewelery without hallmarks. Let us tell you that from today i.e. from April 1, the government had banned the purchase and sale of non-hallmarked jewellery. But, just a day before this announcement by the government, jewelers and goldsmiths have got a big relief.

The government has given permission to about 16,000 jewelers to sell the old hallmarked gold jewelery declared till June 30. Now they have got three more months to finish their stock. However, this exemption is applicable to jewelery made before July 2021.

16 thousand jewelers will be benefited

About 16 thousand jewelers will benefit from this big decision of the government. According to the notification issued by the government, the government has amended the hallmarking order of gold jewelery in 2020. Under which the jewelers who had informed about their stock of old hallmarked jewelry have been given time till June 30, 2023 to sell them.

Let me tell you, there are 1.56 lakh registered goldsmiths in the country, out of which 16,243 jewelers had disclosed their stock of old hallmarked jewellery. Only those 16 thousand people have been given this extra time of 3 months.

Jewelery without hallmark will not be sold after June 30

According to the government’s announcement, after June 30, action will be taken against anyone who sells jewelery without hallmarks. They will have to liquidate their stock of old jewelery within this 3 months.

Let us tell you, the Government and the Bureau of Indian Standards i.e. BIS have implemented 6 digit HUID on gold jewelery from April 1. This 6 digit alphanumeric is mandatory on all gold jewellery.

The post Big relief for Jewelers! Government issued order! Now jewelery without hallmark can be sold till this date first appeared on Rightsofemployees.com.

Those people whose income is taxable, they have to file income tax return. Currently, there is an old tax regime and a new tax regime for filing individual income tax returns. The tax slab is different in these.

ITR form

Taxpayers will have to file their income tax returns for the financial year 2022-23 by 31 July. In February, the Central Board of Direct Taxes (CBDT) released ITR forms for this financial year. Taxpayers can file ITR as soon as this financial year ends. There are seven types of ITR forms for different individuals, businesses and companies, these include ITR 1 (Sahaj), ITR 2, ITR 3, ITR 4, ITR 5, ITR 6 and ITR 7.

Penalty may have to be paid

Different ITR forms are filed according to different needs. Whereas ITR-1 and ITR-4 are simple forms that cater to a large number of small and medium taxpayers. However, people filing income tax should take care of one important thing, otherwise they may have to pay a fine of Rs 5,000.

Income tax return

Actually, the last date for filing ITR for the financial year 2022-23 is 31 July. In such a situation, if someone is not able to file income tax return till 31st July, then he will have time till 31st December to file the late return and pay the penalty. Rs 5,000 will have to be paid as penalty.

This is the provision

According to the Income Tax Department’s website, the penalty for late ITR filing is Rs 5,000, even after that if someone does not file ITR by the due date, then the amount for filing after that can be doubled. Apart from this, there is also a provision of punishment in some cases.

The post Income Tax Payers Alert! Government’s announcement! May have to pay a fine of Rs 5,000 first appeared on Rightsofemployees.com.

Now the government has made a big announcement regarding this high speed train. The country’s high-speed Vande Bharat trains will now be made of aluminium. That’s why these trains will prove to be more light and energy efficient than before. According to the information, the coaches of Vande Bharat train will now be made of aluminum instead of steel. In the first phase, 100 aluminum-bodied Vande Bharat trains will be manufactured.

Railway had asked for bids

For this, Railways had recently invited bids for new Vande Bharat aluminum trains, on which many companies have bid for manufacturing and maintenance of trains. Among these applicants, France’s Alstom, Hyderabad’s Medha Servo Drives have bid for the project, while the joint venture of Russian firm Transmashholding (TMH) and Rail Vikas Nigam Limited (RVNL) has also agreed to manufacture and maintain 200 lightweight Vande Bharat trains. lowest bid for.

According to the information, the consortium has bid about Rs 58,000 crore, in which the cost of manufacturing a train set is Rs 120 crore, which is less than the cost of the last Vande Bharat trains made by ICF-Chennai at Rs 128 crore per set. The second lowest bid was from Titagarh-BHEL, which quoted the cost of manufacturing one Vande Bharat at Rs 139.8 crore.

Got only 10 trains so far

Although, no official announcement has been made yet, but it is believed that the manufacturing of the upcoming Vande Bharat trains will now be done by the Russian firm Transmashholding (TMH) and Rail Vikas Nigam Limited (RVNL). The country has received only ten Vande Bharat trains so far. This fixed target is far away from 200 Vande Bharat trains. Therefore, to speed up the work of train manufacturing, the Railways had decided to seek the cooperation of private companies.

For the first time, Vande Bharat trains made by these companies will have aluminum coaches. Till now these semi-high speed trains were being made of stainless steel. The aluminum body will make Vande Bharat trains lighter and more energy efficient. Also, the cost of these trains will also come down. According to the terms of the railway deal, Indian Railways will provide infra and factory manufacturing facilities to these companies. But apart from manufacturing the trains, these companies will also have to help in maintenance for the next 35 years.

The post Vande Bharat Train: Government’s announcement on Vande Bharat train, Railway is going to make these big changes in coaches first appeared on Rightsofemployees.com.