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India’s largest bank State bank of India (SBI) shares security tips on How OTP based cash withdrawal system makes transacting at SBI ATMs more secure from its official twitter handle. SBI shares 3 points from its official twitter handle. Below are the points mentioned that should be followed by every SBI account holder to secure…
Universal Account Number (UAN)is a 12-digit unique number allotted to an EPF member. It is a permanent number and remains valid throughout the life of a member. Your employers can generate UAN. In case of a change in employment, previously allotted UAN may be provided by the employer. The purpose of UAN is to enable…
Mumbai: The country’s largest lending provider, State Bank of India (SBI) has given big gifts to its savings account holders on the occasion of Independence Day. SBI announced on the occasion of 74th Independence Day of the country. Such account holders have been relieved of many types of charges. Through their official twitter handle, State…
The focus of the tax reforms has been on reduction in tax rates and on simplification of direct tax laws. Prime Minister Narendra Modi has launched the platform for “Transparent Taxation – Honoring the Honest” via video conferencing on the 13th of August 2020. Faceless assessment, faceless appeal, taxpayer charter are the three major pillars of the…
The digital transaction is increasing nowadays along with online banking frauds is also increasing. To keep their customers safe from these kinds of frauds The largest lender of India State Bank Of India (SBI) shares a video. State bank of India shares a video on their official Twitter handle, the bank has warned that the…
Finance minister Nirmala Sitharaman announced a slew of measures for extension of statutory and regulatory compliances in view of the coronavirus pandemic spreading its wings and impacting the economy. Allaying fears that there is no economic emergency in the country, she said that the Economic Task Force will soon announce an economic relief package to…
Cabinet finance minister Nirmala Sitharaman on Saturday 1st Feb presented a union budget for the financial year 2020-21. The government has taken some measures towards reaching the target of a $5 trillion economy by the end of 2022. Here are some key highlights of union budget 2020: According to FM Sitharaman Union Budget 2020 is…
India’s largest commercial bank, the State Bank of India (SBI) offers virtual card which is a limit debit card. A virtual card can be created using SBI’s internet banking and this can be used for e-commerce transactions. It can also be used to shop online at any merchant website that accepts visa cards. According to…
In Budget 2019, Finance Minister announced some changes in income tax rules and some of them came into force from September 1. The new income tax rules relating to TDS or tax deducted at source applicability on payment to contractors, professionals, and brokers; purchase of immovable property, cash withdrawal beyond ₹1 crore and taxable life insurance…
More than 6 crore subscribers of the retirement fund body EPFO will find the interest credited for the year 2018-19 into their bank accounts after the Labour Ministry notified 8.65% interest rate on Employees Provident Fund (EPF). Rs 54000 crore will be credited into the accounts of more than 6 crores EPFO subscribers. The EPF…
