Category: Banks

  • FAQ on Cash deposit in Banks after Demonetisation

      After Demonitisation, we have been getting lot of queries on cash deposits in banks. We collated queries on cash deposit in your bank accounts. Please note that there is no challenge if deposit is upto Rs 2.5 lakhs. Query: I was getting salary income till last year, From this year, i have been earning tuition income. […]

  • Only Air-Conditioned or Air-Heated Restaurants to Pay Service Tax

    Clarification Issued in the Matter of Service Tax; Only Air-Conditioned or Air-Heated Restaurants to Pay Service Tax; Restaurants, Eating-Joints or Messes Which Do Not Have the Facility of Air-Conditioning Or Central Air-Heating in Any Part of the Establishment are Exempt from Service Tax. At present, Service Tax is chargeable on services provided by restaurants, eating-joints […]

  • How to claim PMJJBY & PMSBY

    How to claim PMJJBY & PMSBY – Download Claim Forms Online Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) are 2 super hit insurance schemes launched by Govt of India recently. Both the schemes are getting massive promotion to bring more people under insurance coverage, similar to Sukanya Samriddhi […]

  • Pradhan Mantri JEEVAN JYOTI BIMA YOJANA (PMJJBY) VS Pradhan Mantri SURAKSHA BIMA YOJANA (PMSBY)

    Difference between Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY): Many of our blog readers are getting confused in between the latest launched Government Social Security Schemes Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY). Since both of the schemes offer same insurance coverage […]

  • Pradhan Mantri Jeevan Jyoti Bima Yojana, Pradhan Mantri Suraksha Bima Yojana and Atal Pension Yojna

    IDBI Bank commences enrolment under Pradhan Mantri Jeevan Jyoti Bima Yojna (PMJJBY), Pradhan Mantri Suraksha Bima Yojna (PMSBY) and Atal Pension Yojana (APY) starting May 1, 2015. Pradhan Mantri Suraksha Bima Yojana: Highlights of the Pradhan Mantri Suraksha Bima Yojana (Pmsby – Scheme 1 – for Accidental Death Insurance) are Eligibility: Available to people in […]

  • No change in rate of Service Tax from 1 April 2015

    Clarification- No change in rate of Service Tax Finance bill, 2015 has proposed to increase effective rate of Service Tax from 12.36% to 14%. It is wrongly reported in some quarters that the effective date of change in rate of Service Tax is 1st April, 2015. It is hereby clarified that the change in the […]

  • New Service Tax Rate Applicability

    The effective service tax rate, if and when the Swacch Bharat Cess is introduced, will not exceed 14.28%. This should be good news for those who feared that the service tax rates could go up to 16% after the cess is imposed. The cess may be imposed sometime after June, it is widely felt. Experts […]

  • Loan Settlement results in low CIBIL Score and New Loan application rejection

    Settling your loan / credit card with bankers results in low CIBIL Score. Don’t go for settlement of your personal loan or credit card due or Home loan. In fact, pay the full amount and clear the full amount. Here is the true story of my Friend, who just got his new credit card. Kapil […]