Form 15G and 15H and help you save Income tax

Form 15G and Form 15H can help save TDS on fixed deposit you have made with your bank and Financial Institutions. 15G and 15H are declaration signed by individuals and HUF that their Gross Total Income, is less then exemption limit. Main difference between these forms is – form 15G … Continue reading

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 … Continue reading

Standardisation and Enhancement security features cheque forms migrating CTS 2010 standards

CIRCULAR DNBS.PD/CC.NO. 308/03.10.001/2012-13, DATED 6-11-2012   “CTS-2010 standard” is a set of benchmarks towards achieving standardisation of cheques issued by banks across the country. These include provision of mandatory minimum security features on cheque forms like quality of paper, watermark, bank’s logo in invisible ink, void pantograph, etc., and standardisation … Continue reading

EPFO launches e-Passbook service for its members

Over 50 million PF subscribers can now access their accounts online as retirement fund body EPFO launched its e-Passbook service today. Who can download EPF pass book Active subscribers whose electronic challan-cum-return is already uploaded, can download their e-Passbook every month under the service launched by the EPFO’s Central Provident … Continue reading