Interest Rates On Post Office Saving Schemes: PPF Vs Recurring Deposit

PPF also offers tax deduction under Section 80 (C) of the Income Tax (IT) Act.The Department of Posts or India Post, run under the Ministry of Communications, offers both public provident funds (PPF) and recurring deposit (RD) saving schemes. PPF and RD are among the nine small saving investment schemes offered by India Post, according to […]

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Key Changes In New ITR Forms For Assessment Year 2018-19

The Central Board of Direct Taxes (CBDT) has notified income tax return (ITR) forms applicable to Assessment Year 2018-19. These ITR forms will be applicable to filing of income tax return in respect of income earned from April 1, 2017 to March 31, 2018. The new forms incorporate the changes made by the Finance Act, […]

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Centre in process of linking driving licences to Aadhaar

New Delhi: The Centre is in the process of linking driving licences to Aadhaarnumbers. It hopes to weed out fake licences and the software used for such nefarious activities. The drive is to cover all states on a real-time basis and is under preparation, the Supreme Court was told on Wednesday. A bench comprising Justices Madan B Lokur […]

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India successfully test-fires nuclear capable Prithvi-II

India on Wednesday successfully test-fired its indigenously developed nuclear capable Prithvi-II missile as part of a user trial by the Army from a test range in Odisha, Defence sources said. The trial of the surface-to-surface missile, which has a strike range of 350 km, was carried out from a mobile launcher from launch complex-3 of the Integrated […]

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Plastic Aadhaar cards not valid, UIDAI says people should not print them

Unique Identification Authority of India (UIDAI) has asked citizens to stay away from vendors or outlets that make plastic Aadhaar card or PVC smart cards as it is unusable. This is due to the unauthorised printing of QR codes on the card at these shops which makes the card dysfunctional. The UIDAI in a statement […]

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