According to media reports, this SOP has been presented in the Supreme Court by the Ministry of Road Transport and Highways, which aims to reduce road accidents and make the traffic system more strict and transparent.

The SOP also focuses on recording video evidence, even at speeds of up to 200 kmph, to reduce road accidents and deaths caused by distracted and wrong-way driving. The initiative comes in response to a Supreme Court order directing 23 states and 7 Union Territories (UTs) to report on the implementation of electronic surveillance as per the Motor Vehicles Act. Also

Which rules will be monitored?

According to the SOP, the automated camera enforcement system will be the primary way to monitor traffic violations. This system is designed to ensure accountability for both drivers and enforcement agencies. Under this new system, actions like not wearing a helmet or seat belt, talking on a mobile phone, driving on the wrong side, and eating or drinking while driving will now be recorded on camera.

These cameras will be so high-tech that they will be able to record clear videos even at a speed of 200 kilometers per hour. That is, even if any vehicle passes at high speed, both the picture and video of breaking the rules will be captured in the camera.

Challan will be issued on the basis of video evidence

According to the new SOP, now the cameras will record a video of at least 1 second and a maximum of 10 seconds to issue the challan. All the information like vehicle number, location, date and time should be clearly visible in it, and that too without any blur or haze.

Not only this, this system will work in real time. As soon as any rule is broken, an alert will be sent to the traffic department within a second. The sensors and advanced algorithms installed in the camera will be able to identify whether the vehicle coming in front is actually breaking the rules or is an emergency vehicle (such as ambulance or fire brigade) which is allowed.

Appeal against challan will also be easy

To increase transparency, the SOP also states that online systems will be started in all states, where vehicle owners or drivers will be able to appeal against their challan. This will ensure that people can challenge the challans sent by mistake in the right way and action is taken in a fair manner.

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The post Traffic Violations: Now 10 seconds of video will be recorded for traffic challan, govt issued new guideline first appeared on Rightsofemployees.com.

The Indian government runs many schemes for the citizens of the country. Crores of people benefit from these government schemes. There are many people in India who are still unable to arrange two meals a day.

Such people are given assistance by the government. The Government of India provides ration at a low price and free of cost under the National Food Security Act. This scheme is applicable in all the states of the country.

Not everyone gets the benefit of free ration facility from the government. The government has fixed eligibility criteria for this. Only those who fulfill those eligibility criteria are given benefits by the government. The government issues ration cards for ration.

But now the government has issued a new guideline for ration card holders. Under which only some ration card holders will be able to get the benefit. After February 15, ration card holders will not get the benefit of ration facility.

Actually, the government has issued a guideline for ration card holders to get e-KYC done. Under this, it is mandatory for all ration card holders to get e-KYC done. Those who do not get e-KYC done will not get ration.

Through e-KYC, the government is identifying fake ration card holders and excluding them from this scheme. So that those who are really needy can get the benefit of this scheme. Therefore, if you have not done e-KYC till now, then do it soon.

To get e-KYC of ration card done, you can go to your nearest food supply centre and get the complete process of e-KYC done with Aadhar card. Please note that you can also get e-KYC of ration card done online.

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The post Ration Card Rules: Govt has issued a new guideline for ration card holders, Only these people will get ration first appeared on Rightsofemployees.com.

Many times it happens that even while withdrawing money from ATM, mutilated or old notes are found. In such a situation people get worried. But you don’t need to worry. For this you must see the RBI guideline . This will solve your problem and your difficulties will also go away.

Notes of 100, 200, 500 rupees are issued by the Reserve Bank of India, but after the demonetization across the country, many types of viral and fake news about the notes keep coming to the fore. If you also want to replace old or mutilated notes, now you can do this easily. For this you can contact your nearest branch. There you can exchange notes and coins. If two notes have the same serial number, will they be considered valid?

In this regard, the Reserve Bank says that it is possible that two or more bank notes may have the same serial number, but either have different inset letters or different printing years or different governors of the Reserve Bank of India. Can. An inset letter is a character printed on the number panel of a banknote. Notes can also be without any inset letter.

These are the ways to identify fake notes

The Reserve Bank has told in its guideline to identify the new 500 note that a few days ago it was being claimed in a message that the note of 500 rupees is fake, in which the green strip is not near the signature of the RBI governor, but of Gandhiji. Near the picture. Describing it as fake, PIB tweeted that both types of notes are valid. Also RBI has shared a PDF to help common citizen to find difference between genuine vs fake Rs 500 notes.

How to identify unfit notes

1. If the notes have become very dirty and there is a lot of soil in them, then in such a situation they are considered unfit.
2. Many times, due to the long use of notes, the notes become loose or loose. Such notes become unfit.
3. Notes torn from edge to center are unfit.
4. If the area of ​​dog ears made in the note is more than 100 square millimetres, then it will be considered unfit.
5. Notes which have holes larger than 8 square millimeters are considered unfit notes.
6. Any graphic change in the note is considered as unfit note.
7. If the ink of the pen is smeared on the note, then it is an unfit note.
8. If the color of the note fades, then it is an unfit note.
9. If there are things like tape, glue on the note, then such note is considered unfit.
10. If the color of the note changes, then in such a situation such note is considered unfit.

Know what the rule of RBI says?

According to the new rules of the Reserve Bank, if you also have old or mutilated notes of 500 rupees, then you do not need to worry at all. Now you can exchange such notes by visiting any branch of the bank. If a bank employee refuses to exchange your note, then you can also file a complaint about this. You have to keep in mind that the worse the condition of the note, the less its value decreases.

keep these things in mind

According to RBI, any torn note will be accepted only when a part of it is missing, or which consists of more than two pieces and is pasted together, provided that no essential part of it is missing. If some special parts of the currency note, such as the name of the issuing authority, guarantee and promise clause, signature, Ashoka Pillar, Mahatma Gandhi’s picture, water mark, etc. are also missing, then your note will not be exchanged. Soiled notes which have become unusable due to circulation in the market for a long time can also be exchanged.

You can change notes like this

Tell that if you have a lot of burnt notes, or notes stuck together, then they can also be changed from the RBI office, but the bank will not take them, you will have to take them to the issue office of RBI. It has to be remembered that these things will definitely be checked by the institution that the damage to your note is genuine and not intentionally damaged.

The post RBI issued new guideline regarding Rs 500 rupee note, Check the new guideline, otherwise… first appeared on Rightsofemployees.com.

SBI instructed customers to visit the branch

SBI tweeted on the official Twitter account saying that the bank has issued a Revised Bank Locker Contract incorporating the rights of the customer. To avail the locker service from SBI, customers have been requested to visit their locker holding branch to find out and sign a new contract.

All banks have to complete this work by December 31

RBI has ordered all banks to ensure that at least 50 percent of locker holders sign the new agreement by June 30. Banks across the country must have 75 per cent of their customers sign the agreement by September 30 and reach 100 per cent. This work has to be completed by December 31 this year. All banks have been directed to provide necessary information to their customers as well as update the status of their locker agreements on the efficient portal of RBI.

this much will be charged

SBI customers should note that locker charges will vary depending on the size and location of the locker. Small and medium sized lockers will attract a charge of Rs 500 including GST. For larger lockers, a registration charge of Rs 1,000 plus GST will be applicable.

Depending on the city and the size of the locker, this much is the rent of the locker.

SBI customers in urban or metro cities will have to pay Rs 2,000 plus GST for the small locker.

In small towns or rural areas, the charge for a small locker will be Rs 1,500 plus GST.

In urban or metro cities, a medium-sized locker will cost Rs 4,000 plus GST.

The charges for a medium-sized locker in small towns or rural areas will be Rs 3,000 including GST.

Customers opting for larger size lockers in major metro cities will have to pay Rs 8,000 plus GST.

In small towns and rural areas, the fee for a larger size locker will be Rs 6,000 plus GST.

SBI will charge Rs 12,000 plus GST for the largest locker in major cities or metro areas.

In small towns and rural areas, the charge for the largest locker will be Rs 9,000 plus GST.

The post Big news for SBI customers: State Bank of India new guideline for locker holder sign new contract before deadline first appeared on Rightsofemployees.com.

According to the new rules of the railway, now no passenger in your seat, compartment or coach can talk on the mobile in a loud voice or listen to songs in a loud voice. Railways has issued new guidelines so that the sleep of the passengers is not disturbed and they can sleep peacefully during the journey

According to media reports, many passengers often complain that people traveling together in their coach talk loudly on the phone, or listen to songs till late at night. There was also a complaint from some passengers that the railway escort or maintenance staff also talks loudly. Apart from this, many passengers keep lights on even after 10 pm, which disturbs their sleep. In view of this, the Railways has made a new rule. In such a situation, if any passenger does not follow the rules, then action will be taken against him.

Know what are the new rules

The Railway Board has decided that if you are talking fast on mobile after 10 pm during the journey in the train, then strict action will be taken. According to the new rules, passengers can neither talk loudly nor listen to music during night travel. If any passenger complains, then it will be the responsibility of the staff present in the train to resolve it.

The post IRCTC issued New Order! Big news for Pessangers! The rule of sleeping at night has changed in the train, check the new guideline, first appeared on Rightsofemployees.com.

Now Punjab National Bank has brought a special offer for you, in which you will get brand new notes. The bank has given information about these notes by tweeting.

Have to contact in the nearest branch

PNB has written in its official tweet that if you also want to change old or mutilated notes, now you can do this work easily. The bank has told that you can contact your nearest branch. Here you can exchange notes and coins.

Rules issued by the Reserve Bank According to the new rules of the Reserve Bank, if you also have old or mutilated notes, then you do not have to worry at all. Now you can exchange such notes by visiting any branch of the bank. If any bank employee refuses to exchange your note, then you can also file a complaint about this. You have to keep in mind that the worse the condition of the note, the less its value decreases.

Under what circumstances will the notes be exchanged?

According to RBI, any torn note will be accepted only when a part of it is missing, or which consists of more than two pieces and is pasted together, provided that no essential part of it is missing. If some special parts of the currency note, such as the name of the issuing authority, guarantee and promise clause, signature, Ashoka Pillar, picture of Mahatma Gandhi, water mark, etc. are also missing, then your note will not be exchanged. Soiled notes which have become unusable due to circulation in the market for a long time can also be exchanged.

Such notes can be changed from the RBI office, very burnt notes, or notes sticking together can also be changed, but the bank will not take them, you will have to take them to the issue office of RBI. Remember that these things will definitely be checked by the institution that the damage to your note is genuine and not intentionally damaged.

The post Big news! RBI issued new guideline regarding 100, 200, 500 rupee notes, check here new guideline first appeared on Rightsofemployees.com.

Many times it happens that even while withdrawing money from ATM, mutilated or old notes are found. In such a situation people get worried. But you don’t need to worry. For this you must see the RBI guideline . This will solve your problem and your difficulties will also go away.

Notes of 100, 200, 500 rupees are issued by the Reserve Bank of India, but after the demonetization across the country, many types of viral and fake news about the notes keep coming to the fore. If you also want to replace old or mutilated notes, now you can do this easily. For this you can contact your nearest branch. There you can exchange notes and coins. If two notes have the same serial number, will they be considered valid?

In this regard, the Reserve Bank says that it is possible that two or more bank notes may have the same serial number, but either have different inset letters or different printing years or different governors of the Reserve Bank of India. Can. An inset letter is a character printed on the number panel of a banknote. Notes can also be without any inset letter.

These are the ways to identify fake notes

The Reserve Bank has told in its guideline to identify the new 500 note that a few days ago it was being claimed in a message that the note of 500 rupees is fake, in which the green strip is not near the signature of the RBI governor, but of Gandhiji. Near the picture. Describing it as fake, PIB tweeted that both types of notes are valid. Also RBI has shared a PDF to help common citizen to find difference between genuine vs fake Rs 500 notes.

How to identify unfit notes

1. If the notes have become very dirty and there is a lot of soil in them, then in such a situation they are considered unfit.
2. Many times, due to the long use of notes, the notes become loose or loose. Such notes become unfit.
3. Notes torn from edge to center are unfit.
4. If the area of ​​dog ears made in the note is more than 100 square millimetres, then it will be considered unfit.
5. Notes which have holes larger than 8 square millimeters are considered unfit notes.
6. Any graphic change in the note is considered as unfit note.
7. If the ink of the pen is smeared on the note, then it is an unfit note.
8. If the color of the note fades, then it is an unfit note.
9. If there are things like tape, glue on the note, then such note is considered unfit.
10. If the color of the note changes, then in such a situation such note is considered unfit.

Know what the rule of RBI says?

According to the new rules of the Reserve Bank, if you also have old or mutilated notes of 500 rupees, then you do not need to worry at all. Now you can exchange such notes by visiting any branch of the bank. If a bank employee refuses to exchange your note, then you can also file a complaint about this. You have to keep in mind that the worse the condition of the note, the less its value decreases.

keep these things in mind

According to RBI, any torn note will be accepted only when a part of it is missing, or which consists of more than two pieces and is pasted together, provided that no essential part of it is missing. If some special parts of the currency note, such as the name of the issuing authority, guarantee and promise clause, signature, Ashoka Pillar, Mahatma Gandhi’s picture, water mark, etc. are also missing, then your note will not be exchanged. Soiled notes which have become unusable due to circulation in the market for a long time can also be exchanged.

You can change notes like this

Tell that if you have a lot of burnt notes, or notes stuck together, then they can also be changed from the RBI office, but the bank will not take them, you will have to take them to the issue office of RBI. It has to be remembered that these things will definitely be checked by the institution that the damage to your note is genuine and not intentionally damaged.

The post RBI Rule On: Big Update! RBI issued new guideline regarding Rs 500 rupee note, check details immediately first appeared on Rightsofemployees.com.

Actually, Indian Railways has made a big change in the rules keeping in mind the convenience of the passengers. This is generally known to all the passengers traveling in the train. The recent change made by the Railways is about the passengers traveling at night.

According to the new rules of the railway, now no passenger in your seat, compartment or coach can talk on the mobile in a loud voice or listen to songs in a loud voice. Railways has issued new guidelines so that the sleep of the passengers is not disturbed and they can sleep peacefully during the journey

According to media reports, many passengers often complain that people traveling together in their coach talk loudly on the phone, or listen to songs till late at night. There was also a complaint from some passengers that the railway escort or maintenance staff also talks loudly. Apart from this, many passengers keep lights on even after 10 pm, which disturbs their sleep. In view of this, the Railways has made a new rule. In such a situation, if any passenger does not follow the rules, then action will be taken against him.

Know what are the new rules

The Railway Board has decided that if you are talking fast on mobile after 10 pm during the journey in the train, then strict action will be taken. According to the new rules, passengers can neither talk loudly nor listen to music during night travel. If any passenger complains, then it will be the responsibility of the staff present in the train to resolve it.

The post IRCTC issued new Rules: Big Update! The rule of sleeping at night has changed in the train, check the new guideline first appeared on Rightsofemployees.com.

Lakhs of people travel daily by train. In such a situation, to get their favorite seat, they start booking tickets a month in advance. Most people’s preferred seat is lower berth or side lower berth. But now he might not be able to book this seat. Yes, Indian Railways has issued an order for this. According to the order, the lower berth of the train will be reserved for some categories of people. Let us know who will get the lower seat of the train.

Let us tell you, the railway has reserved the lower berth of the train for the disabled or physically disabled people. To make their journey more convenient, Indian Railways has taken this important decision.

Such is the seat distribution

According to the order of the Railway Board, four seats, 2 bottom 2 middle ones, two seats in third AC, two seats in AC3 economy are reserved for the disabled in sleeper class. He or the people traveling with him will be able to sit on this seat.

At the same time, 2 lower seats and 2 upper seats are reserved for the disabled in the Garib Rath train. They will have to pay full fare for these seats.

Railway will give seat to senior citizen without asking

Tell me, apart from these, Indian Railways gives lower berths to senior citizens i.e. elders without asking. 6 to 7 lower berths in sleeper class, 4-5 lower berths in every third AC coach, 3-4 lower berths in every second AC coach are reserved in the train for 45 years or more and pregnant women. They get the seat without selecting any option.

On the other hand, if ticket booking is given to a senior citizen, Divyang or pregnant woman on the upper seat, then there is a provision for TT to give them lower seat during onboard ticket checking.

Related Article

The post Indian Railway Alert! Railway issued new guideline regarding lower berth, now only they will get lower berth first appeared on Rightsofemployees.com.

Many times it happens that even while withdrawing money from ATM, mutilated or old notes are found. In such a situation people get worried. But you don’t need to worry. For this you must see the RBI guideline . This will solve your problem and your difficulties will also go away.

Notes of 100, 200, 500 rupees are issued by the Reserve Bank of India, but after the demonetization across the country, many types of viral and fake news about the notes keep coming to the fore. If you also want to replace old or mutilated notes, now you can do this easily. For this you can contact your nearest branch. There you can exchange notes and coins. If two notes have the same serial number, will they be considered valid?

In this regard, the Reserve Bank says that it is possible that two or more bank notes may have the same serial number, but either have different inset letters or different printing years or different governors of the Reserve Bank of India. Can. An inset letter is a character printed on the number panel of a banknote. Notes can also be without any inset letter.

These are the ways to identify fake notes

The Reserve Bank has told in its guideline to identify the new 500 note that a few days ago it was being claimed in a message that the note of 500 rupees is fake, in which the green strip is not near the signature of the RBI governor, but of Gandhiji. Near the picture. Describing it as fake, PIB tweeted that both types of notes are valid. Also RBI has shared a PDF to help common citizen to find difference between genuine vs fake Rs 500 notes.

How to identify unfit notes

1. If the notes have become very dirty and there is a lot of soil in them, then in such a situation they are considered unfit.
2. Many times, due to the long use of notes, the notes become loose or loose. Such notes become unfit.
3. Notes torn from edge to center are unfit.
4. If the area of ​​dog ears made in the note is more than 100 square millimetres, then it will be considered unfit.
5. Notes which have holes larger than 8 square millimeters are considered unfit notes.
6. Any graphic change in the note is considered as unfit note.
7. If the ink of the pen is smeared on the note, then it is an unfit note.
8. If the color of the note fades, then it is an unfit note.
9. If there are things like tape, glue on the note, then such note is considered unfit.
10. If the color of the note changes, then in such a situation such note is considered unfit.

Know what the rule of RBI says?

According to the new rules of the Reserve Bank, if you also have old or mutilated notes of 500 rupees, then you do not need to worry at all. Now you can exchange such notes by visiting any branch of the bank. If a bank employee refuses to exchange your note, then you can also file a complaint about this. You have to keep in mind that the worse the condition of the note, the less its value decreases.

keep these things in mind

According to RBI, any torn note will be accepted only when a part of it is missing, or which consists of more than two pieces and is pasted together, provided that no essential part of it is missing. If some special parts of the currency note, such as the name of the issuing authority, guarantee and promise clause, signature, Ashoka Pillar, Mahatma Gandhi’s picture, water mark, etc. are also missing, then your note will not be exchanged. Soiled notes which have become unusable due to circulation in the market for a long time can also be exchanged.

You can change notes like this

Tell that if you have a lot of burnt notes, or notes stuck together, then they can also be changed from the RBI office, but the bank will not take them, you will have to take them to the issue office of RBI. It has to be remembered that these things will definitely be checked by the institution that the damage to your note is genuine and not intentionally damaged.

The post RBI Issue Rule On 500 Rupee: Big news! RBI issued new guideline regarding Rs 500 rupee note, Check the new guideline, otherwise… first appeared on Rightsofemployees.com.

Now Punjab National Bank has brought a special offer for you, in which you will get brand new notes. The bank has given information about these notes by tweeting.

Have to contact in the nearest branch

PNB has written in its official tweet that if you also want to change old or mutilated notes, now you can do this work easily. The bank has told that you can contact your nearest branch. Here you can exchange notes and coins.

Rules issued by the Reserve Bank According to the new rules of the Reserve Bank, if you also have old or mutilated notes, then you do not have to worry at all. Now you can exchange such notes by visiting any branch of the bank. If any bank employee refuses to exchange your note, then you can also file a complaint about this. You have to keep in mind that the worse the condition of the note, the less its value decreases.

Under what circumstances will the notes be exchanged?

According to RBI, any torn note will be accepted only when a part of it is missing, or which consists of more than two pieces and is pasted together, provided that no essential part of it is missing. If some special parts of the currency note, such as the name of the issuing authority, guarantee and promise clause, signature, Ashoka Pillar, picture of Mahatma Gandhi, water mark, etc. are also missing, then your note will not be exchanged. Soiled notes which have become unusable due to circulation in the market for a long time can also be exchanged.

Such notes can be changed from the RBI office, very burnt notes, or notes sticking together can also be changed, but the bank will not take them, you will have to take them to the issue office of RBI. Remember that these things will definitely be checked by the institution that the damage to your note is genuine and not intentionally damaged.

The post 500 Currency Notes: Big news! RBI issued new guideline regarding 100, 200, 500 rupee notes, check here new guideline first appeared on Rightsofemployees.com.

It is not necessary that everyone has the ability to buy gold but still we get happiness when its price falls. It is also considered useful to overcome the financial challenges of the family in future. As an investment option, gold can be offered in the form of coins, bars, jewelry or paper or in the form of gold exchange-traded funds (Gold ETFs), sovereign gold bonds (SGBs) issued by the Reserve Bank of India and gold mutual funds (Gold MFs), etc.

You can buy through. But do you know the maximum amount of gold a person can hold in India? Even though most Indian households buy and own gold, they should be aware of the legal limits on how much gold they can hold. The Gold Control Act was established in our country in the year 1968.

This law prohibited citizens from holding more than a certain amount of gold. However, this act was abolished in 1990. At present there is no restriction on the quantity of gold in India but the holder must have valid source and documents related to gold.

Separate limits for both men and women

TradeSmart President Vijay Singhania told CNBC-TV18.com that guidelines have been framed for Income Tax officials at the time of seizure of property during an income tax raid. According to these instructions, jewelery or jewelery cannot be confiscated to a certain extent on the basis of gender and marital status of the person.

How many ornaments can you hold?

A married woman can keep gold ornaments up to 500 grams and unmarried women up to 250 grams without papers. Whereas for men, the CBDT has fixed a limit of 100 grams for each male member of the family, irrespective of their marital status. To this extent gold cannot be confiscated even during raids by the Income Tax Department.

This means that if you have valid sources and documents available to you to keep gold, then there is no limit for this, but these rules have been made only to relieve the taxpayers from confiscation of their jewelery during raids.

What are the tax rules on gold?

Determination of tax on gold investment depends on the period of holding, ie, the period of holding by the taxpayer. If gold is held for more than 3 years, it is taxable as Long Term Capital Gain (LTCG) at 20 per cent (excluding education cess and surcharge) and short term capital gain as applicable to the investor. Taxable at tax slab. Gold ETFs/Gold MFs are also taxable like physical gold.

Whereas in case of bonds, if they are held till maturity, they are tax-free. However, capital gains are payable on transactions of physical gold or ETFs or Gold MFs. The bonds are traded in demat form on the exchanges and can be redeemed after the fifth year. If the bond is sold before maturity, it is taxable at 20 per cent.

The post Guidelines for Gold: You have also kept gold in the house, See the new guideline, otherwise… first appeared on Rightsofemployees.com.

According to the new rules of the railway, now no passenger in your seat, compartment or coach can talk on the mobile in a loud voice or listen to songs in a loud voice. Railways has issued new guidelines so that the sleep of the passengers is not disturbed and they can sleep peacefully during the journey.

According to media reports, many passengers often complain that people traveling together in their coach talk loudly on the phone, or listen to songs till late at night. There was also a complaint from some passengers that the railway escort or maintenance staff also talks loudly. Apart from this, many passengers keep lights on even after 10 pm, which disturbs their sleep. In view of this, the Railways has made a new rule. In such a situation, if any passenger does not follow the rules, then action will be taken against him.

Know what are the new rules

The Railway Board has decided that if you are talking fast on mobile after 10 pm during the journey in the train, then strict action will be taken. According to the new rules, passengers can neither talk loudly nor listen to music during night travel. If any passenger complains, then it will be the responsibility of the staff present in the train to resolve it.

The post IRCTC Traveling New Guideline : Big News ! The rule of sleeping at night has changed in the train, check the new guideline, first appeared on Rightsofemployees.com.

The post Big news for pensioners, submit life certificate like this, government issued new deadline first appeared on Rightsofemployees.com.

However, many passengers still keep making various complaints. Similarly, senior citizens complain that they do not get the lower berths easily.

Recently a Twitter user tweeted, ‘I booked a ticket for my uncle last evening (PNR 2448407929) in which I had opted for lower berth in first preference as he has a leg amputated and he wanted upper or middle berth. are on I can’t travel But despite this I got an upper berth.

book like this

In response to this tweet, IRCTC explained why the person did not get the bottom berth. IRCTC said in the tweet, ‘Sir, PNR no. 2448407929 has been booked under general quota. You can give preference to lower berths in general quota but allotment of berths is subject to availability. After this you have to choose ‘Reservation Choice Book only if lower berth is allotted’.

In another tweet, IRCTC further wrote, ‘Please note that allotment of lower berths in General Quota is completely subject to availability and there is no manual intervention. Also, you can approach the on duty TTE who is authorized to provide vacant lower berths to the needy.

What do the rules say?

According to the rules, six lower berths per coach in sleeper class and three lower berths in AC-3 tier and quota for senior citizens in AC-2 tier in all trains with sleeping class has been fixed. Wherein, if any lower berth remains vacant after departure of the train, it can be done on the request of a disabled person, senior citizen or pregnant woman, who has got upper or middle berth. On-board ticket checking staff may allot such lower seats by making necessary changes in the chart.

The post Railway issued New Guidelines: Railway’s gift to senior citizens, know here the new guideline first appeared on Rightsofemployees.com.

Indian Railways: With the help of Indian Railways, lakhs of passengers travel from one place to another every day. The railways also keeps on upgrading its services continuously for them. Similarly, IRCTC also makes new rules and eases old rules. However, still many passengers keep complaining of various kinds. Similarly, senior citizens complain that they do not get a lower berth easily.

Recently a Twitter user tweeted that I booked a ticket for my uncle last evening (PNR 2448407929) in which I had opted for lower berth in first preference as he has amputated one leg and is in upper or middle berth. I cannot travel. But despite that I got the upper berth.

In response to this tweet, IRCTC explained why the person did not get the lower berth. IRCTC said in the tweet, “Sir, PNR no. 2448407929 is booked under general quota. You can give preference for lower berth in general quota but allotment of berths depends on availability. After that you have to select “Reservation Choice Book only if lower berth is allotted”

In another tweet, IRCTC further wrote, “Please note that the allotment of lower berths in general quota is completely subject to availability and there is no human intervention. Also, you can approach the on duty TTE who is authorized to provide vacant lower berths to the needy…

As per the rules, the quota of six lower berths per coach in sleeper class and 3 lower berths in AC-3 tier and AC-2 tier class in all trains with reserved sleeping class has been fixed for senior citizens. At the same time, if any of the lower berths are vacant after the departure of the train, then at the request of any handicapped person, senior citizen or pregnant woman, who has got the upper or middle berth, the same will be done by the on-board ticket checking staff by making necessary changes in the chart. The seats below can be allotted.

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It is not necessary that everyone has the ability to buy gold but still we get happiness when its price falls. It is also considered useful to overcome the financial challenges of the family in future. As an investment option, gold can be offered in the form of coins, bars, jewelry or paper or in the form of gold exchange-traded funds (Gold ETFs), sovereign gold bonds (SGBs) issued by the Reserve Bank of India and gold mutual funds (Gold MFs), etc.

You can buy through. But do you know the maximum amount of gold a person can hold in India? Even though most Indian households buy and own gold, they should be aware of the legal limits on how much gold they can hold. The Gold Control Act was established in our country in the year 1968.

This law prohibited citizens from holding more than a certain amount of gold. However, this act was abolished in 1990. At present there is no restriction on the quantity of gold in India but the holder must have valid source and documents related to gold.

Separate limits for both men and women

TradeSmart President Vijay Singhania told CNBC-TV18.com that guidelines have been framed for Income Tax officials at the time of seizure of property during an income tax raid. According to these instructions, jewelery or jewelery cannot be confiscated to a certain extent on the basis of gender and marital status of the person.

How many ornaments can you hold?

A married woman can keep gold ornaments up to 500 grams and unmarried women up to 250 grams without papers. Whereas for men, the CBDT has fixed a limit of 100 grams for each male member of the family, irrespective of their marital status. To this extent gold cannot be confiscated even during raids by the Income Tax Department.

This means that if you have valid sources and documents available to you to keep gold, then there is no limit for this, but these rules have been made only to relieve the taxpayers from confiscation of their jewelery during raids.

What are the tax rules on gold?

Determination of tax on gold investment depends on the period of holding, ie, the period of holding by the taxpayer. If gold is held for more than 3 years, it is taxable as Long Term Capital Gain (LTCG) at 20 per cent (excluding education cess and surcharge) and short term capital gain as applicable to the investor. Taxable at tax slab. Gold ETFs/Gold MFs are also taxable like physical gold.

Whereas in case of bonds, if they are held till maturity, they are tax-free. However, capital gains are payable on transactions of physical gold or ETFs or Gold MFs. The bonds are traded in demat form on the exchanges and can be redeemed after the fifth year. If the bond is sold before maturity, it is taxable at 20 per cent.

The post New Guidelines for Gold: You have also kept gold in the house, See the new guideline, otherwise… first appeared on Rightsofemployees.com.

Actually, Indian Railways has made a big change in the rules keeping in mind the convenience of the passengers. This is generally known to all the passengers traveling in the train. The recent change made by the Railways is about the passengers traveling at night.

According to the new rules of the railway, now no passenger in your seat, compartment or coach can talk on the mobile in a loud voice or listen to songs in a loud voice. Railways has issued new guidelines so that the sleep of the passengers is not disturbed and they can sleep peacefully during the journey

According to media reports, many passengers often complain that people traveling together in their coach talk loudly on the phone, or listen to songs till late at night. There was also a complaint from some passengers that the railway escort or maintenance staff also talks loudly. Apart from this, many passengers keep lights on even after 10 pm, which disturbs their sleep. In view of this, the Railways has made a new rule. In such a situation, if any passenger does not follow the rules, then action will be taken against him.

Know what are the new rules

The Railway Board has decided that if you are talking fast on mobile after 10 pm during the journey in the train, then strict action will be taken. According to the new rules, passengers can neither talk loudly nor listen to music during night travel. If any passenger complains, then it will be the responsibility of the staff present in the train to resolve it.

The post IRCTC issued Traveling New Guideline: Big News ! The rule of sleeping at night has changed in the train, check the new guideline, first appeared on Rightsofemployees.com.

This is generally known to all the passengers traveling in the train. The recent change made by the Railways is about the passengers traveling at night. According to the new rules of the railway, now no passenger in your seat, compartment or coach can talk on the mobile in a loud voice or listen to songs in a loud voice. Railways has issued new guidelines so that the sleep of the passengers is not disturbed and they can sleep peacefully during the journey

According to media reports, many passengers often complain that people traveling together in their coach talk loudly on the phone, or listen to songs till late at night. There was also a complaint from some passengers that the railway escort or maintenance staff also talks loudly. Apart from this, many passengers keep lights on even after 10 pm, which disturbs their sleep. In view of this, the Railways has made a new rule. In such a situation, if any passenger does not follow the rules, then action will be taken against him.

Know what are the new rules

The Railway Board has decided that if you are talking fast on mobile after 10 pm during the journey in the train, then strict action will be taken. According to the new rules, passengers can neither talk loudly nor listen to music during night travel. If any passenger complains, then it will be the responsibility of the staff present in the train to resolve it.

The post Railways issued Traveling New Guideline: Big News ! The rule of sleeping at night has changed in the train, check the new guideline first appeared on Rightsofemployees.com.

The government has made a big change in the rules of General Provident Fund. If you or there are any government employees in your house, then you must know these changes. Under the new rules, now the investment limit in GPF has been fixed.

Ceiling fixed at Rs 5 lakh

The central government has put a ceiling on the investment of General Provident Fund (GPF). According to the new rule, now any government employee will be able to deposit only up to Rs 5 lakh in GPF. This limit will be for one financial year. Let us tell you, government sector employees invest in GPF. This is a kind of voluntary scheme, which works like PPF. In this, an interest of 7.1 percent (GPF interest rate) is available on investment.

Till now there was no sealing

According to the Office Memorandum of the Department of Pension and Pensioners’ Welfare (DoPPW), under the GPF (Central Service) Rules 1960, the GPF contribution of the account holder should not be less than 6 percent of the total salary. Till now there was no limit for putting money in GPF. Employees could deposit a percentage of their salary in it. But the government has now imposed a maximum limit of Rs 5 lakh in a financial year.

GPF for government employees like PPF

Explain that like PPF, government employees can deposit a fixed part of their salary in the General Provident Fund. This money is returned to the account holder at the time of retirement. Interest is earned on the money deposited in GPF. It is managed under the Department of Pensioners Welfare, Ministry of Personnel, Public Grievances and Pensions.

What is GPF?

General Provident Fund (GPF) account is only for government employees. It is a type of retirement fund scheme. Government employees can contribute up to 15 percent of their salary to the GPF account. The ‘Advance’ feature of this account is the most special. In this, the employee can withdraw the fixed amount from the GPF account if needed and can deposit it later.

There is no tax on this. The government has fixed the interest rate of GPF at 7.1 percent. Interest is calculated on quarterly basis. The government does not make any contribution to GPF on its behalf, only the employee’s contribution is there.

The post PF: Big news for employees ! New guideline issued regarding provident fund, check new rules first appeared on Rightsofemployees.com.

Banks have the right to recover their money. For this it is necessary to follow the guidelines of RBI. According to the Reserve Bank, banks can take the services of recovery agents to recover their money, but these limits cannot be exceeded. The Supreme Court has also criminalized intimidation, misbehavior and harassment through agents for recovery of loans.

If the recovery agent harass, threatens, assaults you, then you have the right to complain to the bank as well as to the police. Failure to pay the installment comes under the purview of civil dispute. In such a situation, the bank or any of its recovery agents cannot arbitrarily with the defaulter.

Time to go to the defaulter’s house and call

According to the rules, the time for visiting the defaulter’s house and calling the bank officer or recovery agent is from 7 am to 7 pm. After this, you can make a complaint to the bank or RBI about calling and coming to the agent’s house.

If a person does not deposit the installment for 90 days, the bank has to issue a notice to the bank. By issuing a notice, the bank will give time to the defaulter to deposit the loan within 60 days. Even during this period, if he does not deposit the installment, then the bank can start the process of recovery of the loan.

Recovery agent’s arbitrariness

When someone fails to repay the installment, he accepts his mistake and bears the arbitrariness of the bank or recovery agent, but, just as banks have the right to recover the loan, in the same way the borrower has been given the right by RBI. If people are aware of their rights then recovery agents will not be able to harass them. In case of harassment, complaint can be made to the police and consumer court and seek damages.

The post Big Alert! RBI issued a new guideline for those who do not pay the loan, check new guideline immediately first appeared on Rightsofemployees.com.

Employees demand that they get 2 days off in a week, for which they are ready to work 30 minutes extra every day (5 days). He says that for this, the time to start work in the morning can be done 30 minutes before. Apart from this, it has also been proposed to increase the customer care service or non-cash transactions by 30 minutes every day.

As per the proposed plan, the bank’s proceedings will start at 9.15 am instead of 9.45 am and will continue till 4.45 am at its scheduled time. Cash transaction timings will be from 9.30-1.30 hrs and then up to 2-3.30 hrs. At the same time, non-cash transactions will happen from 3.30 am to 4.45 pm.

Request has already been rejected

Al India Bank Employees Association (AIBEA) general secretary C.H. Venkatachalam told that he has been demanding a 5-day working week for a long time but the Indian Banks’ Association (IBA) did not approve it. He said that when LIC got its approval last year, this demand was raised once again and this time IBA asked how the less work that was not done on the second Saturday would be compensated. Venkatachalam said, “We have agreed to increase the working hours by 30 minutes every day. We are hopeful that IBA, government and RBI will agree on this.

IBA had proposed to increase the salary

The demand for reduction in working days by the employees’ union was made during the peak of the Kovid-19 epidemic.

Rejecting this demand, the IBA had said that the salary of the employees could be increased by 19 percent. Let us tell you that at present, bank employees have a holiday on the second and fourth Saturdays every month.

If the demand of the employees is accepted, then they will have to work for 7.30 hours a day in the bank. In this way customers will also get half an hour extra time to complete their work. However, it can be difficult for those who used to complete their work on Saturday.

The post New guideline: working hours of banks will increase, so many days in a week will be holidays first appeared on Rightsofemployees.com.

It is not necessary that everyone has the ability to buy gold but still we get happiness when its price falls. It is also considered useful to overcome the financial challenges of the family in future. As an investment option, gold can be offered in the form of coins, bars, jewelry or paper or in the form of gold exchange-traded funds (Gold ETFs), sovereign gold bonds (SGBs) issued by the Reserve Bank of India and gold mutual funds (Gold MFs), etc.

You can buy through. But do you know the maximum amount of gold a person can hold in India? Even though most Indian households buy and own gold, they should be aware of the legal limits on how much gold they can hold. The Gold Control Act was established in our country in the year 1968.

This law prohibited citizens from holding more than a certain amount of gold. However, this act was abolished in 1990. At present there is no restriction on the quantity of gold in India but the holder must have valid source and documents related to gold.

Separate limits for both men and women

TradeSmart President Vijay Singhania told CNBC-TV18.com that guidelines have been framed for Income Tax officials at the time of seizure of property during an income tax raid. According to these instructions, jewelery or jewelery cannot be confiscated to a certain extent on the basis of gender and marital status of the person.

How many ornaments can you hold?

A married woman can keep gold ornaments up to 500 grams and unmarried women up to 250 grams without papers. Whereas for men, the CBDT has fixed a limit of 100 grams for each male member of the family, irrespective of their marital status. To this extent gold cannot be confiscated even during raids by the Income Tax Department.

This means that if you have valid sources and documents available to you to keep gold, then there is no limit for this, but these rules have been made only to relieve the taxpayers from confiscation of their jewelery during raids.

What are the tax rules on gold?

Determination of tax on gold investment depends on the period of holding, ie, the period of holding by the taxpayer. If gold is held for more than 3 years, it is taxable as Long Term Capital Gain (LTCG) at 20 per cent (excluding education cess and surcharge) and short term capital gain as applicable to the investor. Taxable at tax slab. Gold ETFs/Gold MFs are also taxable like physical gold.

Whereas in case of bonds, if they are held till maturity, they are tax-free. However, capital gains are payable on transactions of physical gold or ETFs or Gold MFs. The bonds are traded in demat form on the exchanges and can be redeemed after the fifth year. If the bond is sold before maturity, it is taxable at 20 per cent.

The post New Guidelines issued for Gold: You have also kept gold in the house, See the new guideline, otherwise… first appeared on Rightsofemployees.com.

It is not necessary that everyone has the ability to buy gold but still we get happiness when its price falls. It is also considered useful to overcome the financial challenges of the family in future. As an investment option, gold can be offered in the form of coins, bars, jewelry or paper or in the form of gold exchange-traded funds (Gold ETFs), sovereign gold bonds (SGBs) issued by the Reserve Bank of India and gold mutual funds (Gold MFs), etc.

You can buy through. But do you know the maximum amount of gold a person can hold in India? Even though most Indian households buy and own gold, they should be aware of the legal limits on how much gold they can hold. The Gold Control Act was established in our country in the year 1968.

This law prohibited citizens from holding more than a certain amount of gold. However, this act was abolished in 1990. At present there is no restriction on the quantity of gold in India but the holder must have valid source and documents related to gold.

Separate limits for both men and women

TradeSmart President Vijay Singhania told CNBC-TV18.com that guidelines have been framed for Income Tax officials at the time of seizure of property during an income tax raid. According to these instructions, jewelery or jewelery cannot be confiscated to a certain extent on the basis of gender and marital status of the person.

How many ornaments can you hold?

A married woman can keep gold ornaments up to 500 grams and unmarried women up to 250 grams without papers. Whereas for men, the CBDT has fixed a limit of 100 grams for each male member of the family, irrespective of their marital status. To this extent gold cannot be confiscated even during raids by the Income Tax Department.

This means that if you have valid sources and documents available to you to keep gold, then there is no limit for this, but these rules have been made only to relieve the taxpayers from confiscation of their jewelery during raids.

What are the tax rules on gold?

Determination of tax on gold investment depends on the period of holding, ie, the period of holding by the taxpayer. If gold is held for more than 3 years, it is taxable as Long Term Capital Gain (LTCG) at 20 per cent (excluding education cess and surcharge) and short term capital gain as applicable to the investor. Taxable at tax slab. Gold ETFs/Gold MFs are also taxable like physical gold.

Whereas in case of bonds, if they are held till maturity, they are tax-free. However, capital gains are payable on transactions of physical gold or ETFs or Gold MFs. The bonds are traded in demat form on the exchanges and can be redeemed after the fifth year. If the bond is sold before maturity, it is taxable at 20 per cent.

The post Guidelines for Gold: You have also kept gold in the house, See the new guideline immediately first appeared on Rightsofemployees.com.

According to the recent decision taken by the Reserve Bank of India (RBI), there will be no fee on UPI for transactions up to Rs 2,000 on the use of Rupay Credit Card. Instructions have been given in this regard in the recently issued circular by RBI.

Let us tell you that the order of the circular came into effect from October 4,
Rupay credit card is in circulation for the last four years. All the major banks of the country are connected to it. RBI’s circular issued on Tuesday (October 4) said, ‘The process of linking the credit card on the app and generating the UPI PIN requires the consent of the customer to enable the credit card in all types of transactions.’

2,000 or less, NPCI said the existing process of the app for international transactions would be applicable to credit cards as well. It also said that zero merchant concessional rate (MDR) will be applicable for this category up to transaction amount of Rs 2,000 or less.

In the information given by RBI, it was said that this circular will be applicable from the date of issue. That is, this rule has come into effect from 4 October. RBI also said that members are requested to take note of this and bring the contents of this circular to the notice of the concerned stakeholders.

RBI Deputy Governor T Ravi Shankar had earlier said, “The purpose of linking credit cards with UPI is to provide a wider choice of payment options to the customer. Presently UPI is linked to savings accounts or current accounts through debit cards.

The post UPI Transaction New Guideline: Big News ! RBI issued new guidelines regarding UPI transactions, check here guideline first appeared on Rightsofemployees.com.

It is not necessary that everyone has the ability to buy gold but still we get happiness when its price falls. It is also considered useful to overcome the financial challenges of the family in future. As an investment option, gold can be offered in the form of coins, bars, jewelry or paper or in the form of gold exchange-traded funds (Gold ETFs), sovereign gold bonds (SGBs) issued by the Reserve Bank of India and gold mutual funds (Gold MFs), etc.

You can buy through. But do you know the maximum amount of gold a person can hold in India? Even though most Indian households buy and own gold, they should be aware of the legal limits on how much gold they can hold. The Gold Control Act was established in our country in the year 1968.

This law prohibited citizens from holding more than a certain amount of gold. However, this act was abolished in 1990. At present there is no restriction on the quantity of gold in India but the holder must have valid source and documents related to gold.

Separate limits for both men and women

TradeSmart President Vijay Singhania told CNBC-TV18.com that guidelines have been framed for Income Tax officials at the time of seizure of property during an income tax raid. According to these instructions, jewelery or jewelery cannot be confiscated to a certain extent on the basis of gender and marital status of the person.

How many ornaments can you hold?

A married woman can keep gold ornaments up to 500 grams and unmarried women up to 250 grams without papers. Whereas for men, the CBDT has fixed a limit of 100 grams for each male member of the family, irrespective of their marital status. To this extent gold cannot be confiscated even during raids by the Income Tax Department.

This means that if you have valid sources and documents available to you to keep gold, then there is no limit for this, but these rules have been made only to relieve the taxpayers from confiscation of their jewelery during raids.

What are the tax rules on gold?

Determination of tax on gold investment depends on the period of holding, ie, the period of holding by the taxpayer. If gold is held for more than 3 years, it is taxable as Long Term Capital Gain (LTCG) at 20 per cent (excluding education cess and surcharge) and short term capital gain as applicable to the investor. Taxable at tax slab. Gold ETFs/Gold MFs are also taxable like physical gold.

Whereas in case of bonds, if they are held till maturity, they are tax-free. However, capital gains are payable on transactions of physical gold or ETFs or Gold MFs. The bonds are traded in demat form on the exchanges and can be redeemed after the fifth year. If the bond is sold before maturity, it is taxable at 20 per cent.

The post Guidelines for Gold: You have also kept gold in the house, See the new guideline, otherwise… first appeared on Rightsofemployees.com.

According to the new rules of the railway, now no passenger in your seat, compartment or coach can talk on the mobile in a loud voice or listen to songs in a loud voice. Railways has issued new guidelines so that the sleep of the passengers is not disturbed and they can sleep peacefully during the journey.

According to media reports, many passengers often complain that people traveling together in their coach talk loudly on the phone, or listen to songs till late at night. There was also a complaint from some passengers that the railway escort or maintenance staff also talks loudly. Apart from this, many passengers keep lights on even after 10 pm, which disturbs their sleep. In view of this, the Railways has made a new rule. In such a situation, if any passenger does not follow the rules, then action will be taken against him.

Know what are the new rules

The Railway Board has decided that if you are talking fast on mobile after 10 pm during the journey in the train, then strict action will be taken. According to the new rules, passengers can neither talk loudly nor listen to music during night travel. If any passenger complains, then it will be the responsibility of the staff present in the train to resolve it.

The post Indian Railways: The rule of sleeping at night has changed in the train, check the new guideline, so that you stay away from any trouble first appeared on Rightsofemployees.com.

It is not necessary that everyone has the ability to buy gold but still we get happiness when its price falls. It is also considered useful to overcome the financial challenges of the family in future. As an investment option, gold can be offered in the form of coins, bars, jewelry or paper or in the form of gold exchange-traded funds (Gold ETFs), sovereign gold bonds (SGBs) issued by the Reserve Bank of India and gold mutual funds (Gold MFs), etc.

You can buy through. But do you know the maximum amount of gold a person can hold in India? Even though mosat Indian households buy and own gold, they should be aware of the legal limits on how much gold they can hold. The Gold Control Act was established in our country in the year 1968.

This law prohibited citizens from holding more than a certain amount of gold. However, this act was abolished in 1990. At present there is no restriction on the quantity of gold in India but the holder must have valid source and documents related to gold.

Separate limits for both men and women

TradeSmart President Vijay Singhania told CNBC-TV18.com that guidelines have been framed for Income Tax officials at the time of seizure of property during an income tax raid. According to these instructions, jewelery or jewelery cannot be confiscated to a certain extent on the basis of gender and marital status of the person.

How many ornaments can you hold?

A married woman can keep gold ornaments up to 500 grams and unmarried women up to 250 grams without papers. Whereas for men, the CBDT has fixed a limit of 100 grams for each male member of the family, irrespective of their marital status. To this extent gold cannot be confiscated even during raids by the Income Tax Department.

This means that if you have valid sources and documents available to you to keep gold, then there is no limit for this, but these rules have been made only to relieve the taxpayers from confiscation of their jewelery during raids.

What are the tax rules on gold?

Determination of tax on gold investment depends on the period of holding, ie, the period of holding by the taxpayer. If gold is held for more than 3 years, it is taxable as Long Term Capital Gain (LTCG) at 20 per cent (excluding education cess and surcharge) and short term capital gain as applicable to the investor. Taxable at tax slab. Gold ETFs/Gold MFs are also taxable like physical gold.

Whereas in case of bonds, if they are held till maturity, they are tax-free. However, capital gains are payable on transactions of physical gold or ETFs or Gold MFs. The bonds are traded in demat form on the exchanges and can be redeemed after the fifth year. If the bond is sold before maturity, it is taxable at 20 per cent.

The post Guidelines for Gold: You have also kept gold in the house, See the new guideline, otherwise… first appeared on Rightsofemployees.com.

It is not necessary that everyone has the ability to buy gold but still we get happiness when its price falls. It is also considered useful to overcome the financial challenges of the family in future. As an investment option, gold can be offered in the form of coins, bars, jewelry or paper or in the form of gold exchange-traded funds (Gold ETFs), sovereign gold bonds (SGBs) issued by the Reserve Bank of India and gold mutual funds (Gold MFs), etc.

You can buy through. But do you know the maximum amount of gold a person can hold in India? Even though most Indian households buy and own gold, they should be aware of the legal limits on how much gold they can hold. The Gold Control Act was established in our country in the year 1968.

This law prohibited citizens from holding more than a certain amount of gold. However, this act was abolished in 1990. At present there is no restriction on the quantity of gold in India but the holder must have valid source and documents related to gold.

Separate limits for both men and women

TradeSmart President Vijay Singhania told CNBC-TV18.com that guidelines have been framed for Income Tax officials at the time of seizure of property during an income tax raid. According to these instructions, jewelery or jewelery cannot be confiscated to a certain extent on the basis of gender and marital status of the person.

How many ornaments can you hold?

A married woman can keep gold ornaments up to 500 grams and unmarried women up to 250 grams without papers. Whereas for men, the CBDT has fixed a limit of 100 grams for each male member of the family, irrespective of their marital status. To this extent gold cannot be confiscated even during raids by the Income Tax Department.

This means that if you have valid sources and documents available to you to keep gold, then there is no limit for this, but these rules have been made only to relieve the taxpayers from confiscation of their jewelery during raids.

What are the tax rules on gold?

Determination of tax on gold investment depends on the period of holding, ie, the period of holding by the taxpayer. If gold is held for more than 3 years, it is taxable as Long Term Capital Gain (LTCG) at 20 per cent (excluding education cess and surcharge) and short term capital gain as applicable to the investor. Taxable at tax slab. Gold ETFs/Gold MFs are also taxable like physical gold.

Whereas in case of bonds, if they are held till maturity, they are tax-free. However, capital gains are payable on transactions of physical gold or ETFs or Gold MFs. The bonds are traded in demat form on the exchanges and can be redeemed after the fifth year. If the bond is sold before maturity, it is taxable at 20 per cent.

The post Guidelines for Gold: You have also kept gold in the house, See the new guideline, otherwise… first appeared on Rightsofemployees.com.