New Delhi, March 16 The government has assured the exporting community that it is keen to see that all their eligible refund claims under GST are considered and sanctioned at the earliest.In a statement, the Finance Ministry said that unverified estimates of pending GST refunds on account of exports floating around are highly speculative and mostly inaccurate. “It is a fact that while a number of exporters have not been able to get the export refunds so far, others have been granted refunds,” it said. Many of the errors plaguing the claims for refunds are on account of inadequate familiarisation of the exporters with the GST laws and data entry errors in the various GSTRs and forms.The statement said that so far more than Rs 10,000 crore has already been sanctioned by CBEC and states.
H1-B petitions are filed at the United States Citizenship and Immigration Services (USCIS). Therefore, please contact that USCIS directly at www.uscis.gov for the list of documents that must be submitted to complete your official name change. For any questions related to U.S. visas, please feel free to write in to us at firstname.lastname@example.org When I took a passport for the first time, my surname and first name were printed correctly. Due to damage to that passport, I obtained a re-issued passport, in which my surname was printed by omitting an alphabet and with a correct first name. I did not notice it then and applied for visiting visa and was issued a visa valid for 10 years. In the visa my name was printed in accordance with the re-issued passport, by omitting the same alpha...
The government has recently told the Supreme Court that it might consider extending the March 31 deadline for linking Aadhaar to various government schemes as well as mobile phones and bank accounts. The statement, on behalf of central government, was made by the attorney general K K Venugopal to the Constitution Bench headed by Chief Justice Dipak Misra. The bench is hearing a bunch of petitions against the Aadhaar (UIDAI) law. The government made a submission in to the bench to the effect that the Centre had extended the deadline in the past too, and it can do so again. Complete coverage on Aadhaar "If required, we can do it again," Venugopal said after petitioners challenging the constitutional validity of the Aadhaar scheme sought an extension of the deadline to link the 12-digit u
For salaried and self-employed individuals in India, filing income tax returns is very important. And with Aadhaar becoming an essential document, it is important to link your bank account, phone number, EPF account and PAN with Aadhaar. It also has many more uses that ease things, especially for those who file their income tax returns. Usually, after you have filed your taxes, you get the ITR-V that you need to print, sign and send it to the income tax office. But, in today’s era where everything is going digital, your Aadhaar gives you yet another way to verify your ITR-V. Here’s how to do it. Registering yourself on the Income Tax portal To begin with, you need to register yourself on the income tax portal here. On the right, you will see an option to register, and login option (
Education loans are getting increasingly popular. Mounting cost of study and increasing awareness about education loans are fuelling demand for such loans. According to Section 80E of the Income Tax Act, 1961, the interest paid on the education loan can be claimed as deduction. This special deduction is also allowed even for education loan availed for study abroad. Banks extend education loans for pursuing higher education in India or abroad where admission has been secured. Many banks offer a moratorium period for repayment of loan after the course is completed. Student Loan Scheme offered by SBI, for example, offers a repayment period of up to 15 years after the course period with 12 months of repayment holiday. "Due to increasing cost of higher studies, the requirement for a loan
BENGALURU: Consumers can still load money into a Paytm wallet even if they haven’t completed their Know-Your-Consumer (KYC) formalities. Paytm appears to be working around the latest directive of the RBI for mandatory KYC, where users can load money into their accounts through gift vouchers on the platform. But these gift vouchers won’t let you send money to others or send it back to your bank accounts. They also come with an expiry date of one year — a standard practice among players issuing such vouchers. As reported by TOI, prepaid payment instruments (PPIs) —or digital wallets — are reeling under severe pressure with new regulations kicking in. Paytm has been diversifying into other businesses from its core e-wallet business. Paytm’s move to issue gift vouchers comes as a strategy
Reliance Jio is now offering additional 10 GB data to select users. One of our team members has already received the offer, so we can confirm the same too. The add-on benefit is available till 30 March 2018, which is a day before when Jio’s timeline for Prime subscription ends. Curiously, you can even enjoy the additional data even if your current plan has expired (which has happened in our case, see screenshot below but ofcourse that is probably because we have the prime subscription). Jio has been doling out freebies to its users every now and then. It was recently offering up to Rs 799 cashback on recharge of Rs 398 and above. Currently it has the cheapest plans. And we wouldn’t be surprised to see it roll out Prime like offers post March 30 to keep its users who had enrolled for
March 31 is the last date to seed your PAN or Permanent Account Number into your Aadhaar card. The government had in December last year extended till March 31 the deadline for income tax taxpayers to link their PAN card with Aadhaar card. Previously, the deadline for compulsory linking of Aadhaar card with PAN was December 31, 2017. The Central Board of Direct Taxes or CBDT - the apex policy-making body of the Income Tax Department - had cited some taxpayers who hadn't completed the linking process behind the move. Linking of Aadhaar card with PAN promotes "easier and quicker ITR (income tax return) filing" for the taxpayers, the UIDAI or Unique Identification Authority of India has said on microblogging site Twitter. By now, you might have attempted to link your PAN with Aadhaar. But h
Subscribers can now integrate their Permanent Account Number (PAN) with DigiLocker, a government platform for issuance and verification of documents and certificates that allows users to store and access electronic versions of their certificates. Subscribers can now easily access their real-time PAN Verification record from the income tax department, according to a tweet posted by official Twitter handle of DigiLocker- @digilocker_ind. Over 25 crore PAN card holders can now use this facility from DigiLocker website and mobile apps, the tweet further added. DigiLocker in detail DigiLocker is a cloud-based platform for issuance, storage, sharing and verification of documents and certificates in digital form which enables select registered organisations to provide electronic or e-copies
March 31 is approaching. It is the last date for filing belated or revised income tax return for assessment years 2016-17 (financial year FY2015-16) and 2017-18 (FY2016-17). “Belated or revised returns for AY2016 and 2017-18 can only be filed up to March 31, 2018 (with interest, if any, for late filing)” the Income Tax Department said in a communication issued in newspapers. Individuals having income more than Rs 2.5 lakh are mandatorily required to file income tax returns, the tax department said. For senior citizens (age 60 years and up to 80), the limit is Rs 3 lakh and very senior citizens (age 80 years and more), the limit is Rs 5 lakh. All about Taxes and Investments “The taxpayers now need to be very cautious with respect to their tax filings as the deadlines have been substanti