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Submit FATCA Declaration for NPS (PRAN) Online

How to submit FATCA declaration for NPS online? NPS subscribers have received email from NPS [email protected] on their registered email with Subject: “Online submission of FATCA Self-Certification for your PRAN under NPS”. Have reproduced the mail below. What is FATCA? FATCA is Foreign Account Tax Compliance Act, a law enacted by USA in 2010. According to this law, any individual who is resident of USA […] Continue reading →

5 Things to Do Before March End

Things to do Before Financial Year Ends Its just 3 weeks before the financial year 2016-17 ends and so we present you with 5 things you should do before this FY ends. 1. File Pending Income Tax Return: Ideally you should have filed your income tax return for FY 2015-16(AY 2016-17) by July 31, 2016. But in case you have not filed it […] Continue reading →

Tackling the Rs 500/1000 ban – New developments?

Rs 500 and 1000 banned - What next? As expected there was lot of chaos around with some people struck without any usable currency. Here are list of places where your old Rs 500/1000 currencies should be accepted till November 11 midnight.  Government Hospitals and pharmacies in these hospitals Railway ticketing counters ticket counters of Government/Public Sector Undertaking buses airline ticketing counters at […] Continue reading →

Seventh Pay Commission – The Real Salary Hike?

Seventh Pay Commission – The real Salary Hike The cabinet passed the Seventh Pay Commission report recommendations yesterday. The entire media including news channels, newspaper screamed how “Acche Din” has arrived for Central Government Employees. Even Finance minister thinks “Government salaries now distinctively higher than private sector”.  And it seems true if you see what most channels/newspapers are flashing. The new pay scale […] Continue reading →