Withdrawing your PF money can be a little tricky. You can choose to withdraw EPF money either partially or completely. However, EPF can be completely withdrawn only under certain circumstances. For instance, EPF withdrawal can either be done during the course of the employment or after retirement by the employee. For completely withdrawing the EPF
Commercial lenders such as State Bank of India (SBI) are required to provide a certain number of transactions free of cost to their customers every month under current banking rules. Any additional transactions attract charges depending on factors such as the type and location of ATM. State Bank of India (SBI), the country’s largest lender
New Delhi: Motorists beware of traffic rules and regulations, or soon you may have to shell out hefty fines upto Rs 25,000 or even face jail term of 3 years for violation of any norms. The Centre is implementing New Motor Vehicle Act which aims to overhaul country’s transportation laws by addressing several crucial issues
The Reserve Bank of India (RBI) has extended the timings for customer transactions through the payments system Real Time Gross Settlement (RTGS). With effect from August 26, the RTGS transactions will open at 7 am, instead of 8 am at present. “In order to increase the availability of the RTGS system, it has been decided to extend
The tax filing season is coming to a close in about ten days. In the next phase, the income tax department will verify your income tax return (ITR) based on the information it has and issue notices if it finds any anomalies. From this year, any notice that the department issues will have a computer-generated Document Identification Number (DIN). According to
In a unique development, banks may be required to seek permission from account holders before money is transferred into their accounts, reports said. The government is mulling to roll this plan, hoping it would give customers more authority over their accounts and curb fraudulent transactions. Reportedly, the BJP-led Centre has sought a response from Reserve
The automobile sector is on a rollercoaster of hardships and is not showing any signs of its ride upwards yet. The sales have diminished, dealerships have had to be shut down, and employment is in dire straits. Tata Motors, Maruti, Honda are some leading companies in this sector, and yet, they have had to shut down
No more wasting food! In a bid to prevent wastage of food and to feed the needy, Piyush Goyal-led Indian Railways has implemented a commendable measure! Recently, a public refrigerator has been installed at Hubballi railway station in Karnataka. With this move, Indian Railways passengers or food plaza staff can keep surplus or excess food in the
New Delhi: In what could be a big relief for ATM card users, the Reserve Bank of India (RBI) has issued notice to all Scheduled Commercial Banks including Regional Rural Banks, Urban Co-operative Banks, State Co-operative Banks, District Central Co-operative Banks, Small Finance Banks, Payment Banks, White Label ATM Operators clarifying on the usage of
As the last date for filing the income tax return (ITR) nears, taxpayers will rush to complete the process online over the next 10 days. The Income Tax Department, which has set August 31 as the due date for assessees to file their income tax returns for assessment year 2019-20 (financial year 2018-19) without any penalty
