Benefits of filing an ITR even if your income is non-taxable

There’s a lot of confusion, especially among those whose income falls below Rs 2.5 lakh per year, about whether there they need to file an ITR or not. Here are the benefits of filing returns. When it comes to filing their tax returns, many people…

Five Things To Know Before You Unlock PF Account Balance

EPF Withdrawal: In certain cases, there is no prerequisite for the employees to have worked for a specified period to claim the PF advance. The EPFO (Employees’ Provident Fund Organisation) recently made some changes in terms of withdrawal of the PF account balance. Now its…

75% of EPF can now be withdrawn after 1 month of Unemployment

EPFO withdrawal: As per the current rules, the EPFO members are entitled to withdraw their entire balance after two months of unemployment. The Employees’ Provident Fund Organisation (EPFO) today announced that its members can now withdraw upto 75% of outstanding balance from their PF accounts…

Government decides to discontinue overtime allowance for most employees

The government has also decided not to revise the rate of overtime allowance or OTA for the operational staff and they would continue to get the amount as per its order issued in 1991. The Centre has decided to discontinue overtime allowance given to its…

Mumbai is India’s most expensive city for expatriates: Survey

Mumbai is the most expensive city for expatriates in India, according to a global consulting firm’s cost of living survey released today, with Hong Kong topping the list as the world’s costliest city to live. Mumbai has moved up two spots and is listed 55th,…

Now people can apply for Passport through Passport Seva App: Sushma Swaraj

mPassport Seva is now available on Android, iOS, Platforms. The latest version of the application can be downloaded from the following: Google Play and Apple App Store. ANI: External Affairs on the occasion of Passport Seva Diwas on Tuesday, Swaraj mentioned that the two new…

Puducherry budget to be presented on July 2

The assembly which was adjourned sine die after a two-day meeting on June 5 has been reconvened to meet on July 2, the release added. With the Centre giving its nod, the 2018-19 Budget session of territorial Assembly will be presented for Puducherry on July…