We all know the rules and regulations about filing IT Return when we are alive. However, many of us don't know what the Income Tax rule states in case the death of the taxpayer. It is common that after the death of the taxpayer, his/her spouse, legal heirs or family members never filed an IT return. … [Read more...] about Who is responsible to file and pay Income Tax after death?
Archives for June 2015
Few days back HDFC Bank launched PayZapp, an all-in-one mobile payment, and money transfer app through which you can make any type of payments in a single click. Let us see its features.Using this application, you can shop on your mobile at partner apps, buy movie tickets, music and … [Read more...] about HDFC Bank’s PayZapp-Next Gen mobile banking app in India
Many of us stayed away from NPS only because of liquidity issue. However, a few days back PFRDA came up with regulation called "Pension Fund Regulatory and Development Authority (Exits and Withdrawals Under the National Pension System) Regulations 2015". Let us see what options are available now … [Read more...] about National Pension System (NPS)-New Partial Withdrawal and Exit Rules
Recently Central Government launched one more pension scheme called Atal Pension Yojana. So what is the difference between existing New Pension Scheme (NPS) and Atal Pension Yojana (APY)?Let us point one by one.1) Age of joining-The age for joining the New Pension Scheme (NPS) is … [Read more...] about Difference between New Pension Scheme (NPS) and Atal Pension Yojana (APY)
Many of you enrolled for the recently launched Government of India Schemes called Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Suraksha Bima Yojana. However, do you know how to claim for Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY)? … [Read more...] about How to claim Pradhan Mantri Jeevan Jyoti Bima Yojana or Pradhan Mantri Suraksha Bima Yojana?
When I wrote a post about recent changes in the Employee Provident Fund (EPF), I received so many queries related to Employee Pension Scheme because there is a huge misconception among employees about EPS. Hence, let me write a post on this in detail.Note-We have deactivated commenting on this … [Read more...] about The complete guide to Employee Pension Scheme (EPS) 1995