KNOW ALL ABOUT : bank accounts
The usage of a bank account is increasing by the day. Not just for money transfer but it is being used for several other purposes. Read the ET articles here to know more about them and how to manage them efficiently.
How to maximise benefits of savings bank account
The savings bank account is typically used to deposit money in a safe place and it has many benefits. For instance, it works as a pe...
5 taxpayer friendly initiatives taken by tax department in 2019
A look at five important steps introduced this year by the I-T dept to make the life of the taxpayer easier.
Banks stop issuing debit cards for dormant accounts
The banks have stopped issuing debit cards for the dormant savings accounts due to two reasons - To avoid the risk of banking frauds and also to lower their costs of servicing a bank account. There has been a rise in dormant accounts.
How to get duplicate PAN card online
Permanent Account Number or commonly known as PAN card is one of the important financial document. PAN is required to conduct various financial transactions such as investing in fixed deposit, mutual funds and so on.
PAN-Aadhaar interchangeability: 6 instances where you can use Aadhaar number instead of PAN
Do keep in mind that it is advisable to link your PAN with Aadhaar number before quoting it in lieu of PAN. This is because there still is no clarity whether second PAN will be allotted to you if your Aadhaar is not linked to PAN.
Norms of Aadhaar KYC eased, not of changing address in Aadhaar card
The press statement is issued in clarification with the reference to Aadhaar KYC. According to the statement, only norms related to Aadhaar KYC is eased and not in the change of address in the Aadhaar card.
Do not share your personal details, bank account, UAN over phone, warns EPFO
EPFO is warning members via its website and social media handles regarding fake phone calls and is also advising them not to share personal details like PAN, Aadhaar, bank account or EPF account details like Universal Account Number (UAN).
You can save tax on up to Rs 17,000 savings account interest: Here's how
Post office savings interest up to Rs 3,500 is exempt for single a/cs and up to Rs 7,000 for joint a/cs.
How to link your PAN with your SBI bank account
If you want to link your PAN with your State Bank of India (SBI) bank account, then you can do it online without visiting the branch.
You can get credit for TDS deducted on cash withdrawals of over Rs 1 crore from bank account
Claiming credit for this TDS would allow them to set it off against their total tax liability for the relevant financial year.
Not got your income tax refund yet? Here's how you can raise a re-issue request
Do keep in mind that you will only get the refund if into a pre-validated bank account.
PSU bank mergers: Customers of which banks are likely to be impacted and how
Retail customers including account holders of amalgamating banks are likely to get affected.
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