You may soon be able to get a permanent account number in minutes and also pay income tax through your smart phone. As part of its drive to make life easy for taxpayers, the Central Board of Direct Taxes is working on issuing PAN on a real-time basis using Aadhaar’s e-KYC facility, which allows an … Continue reading Get Your PAN & Pay Taxes Through Your Smart Phone, Shortly
Category Archives: Finance
Scan and Pay, through Bharat QR Launched
In order to promote digital economy in the country, Government of India has launched a new payment method using QR codes. After various new payment methods like UPI payment and BHIM App for smart phones, Government of India has now launched Bharat QR code. Bharat QR Code, the latest initiative to boost digital transactions, will … Continue reading Scan and Pay, through Bharat QR Launched
India’s digital move leaves America far behind
The progress that India has made in building a digital infrastructure evokes awe. The American technology industry fancies itself as the global leader in innovation, yet India has leapt far ahead. Silicon Valley’s technology investors hype complex technologies such as bitcoin and blockchain. But India, with simple and practical innovations and massive grunt work, has … Continue reading India’s digital move leaves America far behind
Issues with respect to Access, Adoption and Usages of Digital Payment
Many steps are taken by our govt. in order to promote cashless economy but still there are many problems with regarding to access, adoption and usages of digital payment. Here some problems are discussed regarding the issues in access, adoption and usages of digital payments: Collection of traffic challan, toll charges, property registration charges continue … Continue reading Issues with respect to Access, Adoption and Usages of Digital Payment
How You Can Contribute To the Nation Wealth by Using Digital Payments
India is a cash heavy economy, with almost 78% of all consumer payments being effected in cash. India’s preference for cash as a payment instrument is further reflected by India’s significant cash to GDP ratio of (12.04%), which is substantially higher than comparable countries. As per report issued by Watal Committee, it is stated that … Continue reading How You Can Contribute To the Nation Wealth by Using Digital Payments
Know Your Financial Rights
As an investor and a tax payer, we have certainrights. Here are the following fundamental rightswhich can be acted upon whenever necessary: Right to return insurance policy There’s a Free Look Period in life insurance, which gives you the right to return the policy within 15 days of receiving policy documents, if you do not … Continue reading Know Your Financial Rights