NEW DELHI: New PAN cards issued by the income tax department will cost Rs 105, including taxes. The I-T department
has recently notified new procedures for verifying personal and
proprietary data of an individual or entity for allotment of new PAN
cards. The step, sources said, has been taken in order to weed out the problem of fake or multiple Permanent Account Number (PAN) cards.
The
cost of getting a new PAN card, including all taxes, is Rs 105. This
service charge by-and-large has been kept unchanged....
Tuesday, 28 January 2014
Friday, 24 January 2014
Amul launches India's first milk ATM
Posted by criss brown
According to Rahul Kumar, the MD of Amul Dairy in Gujarat, this concept
has been tried for the first time in India. 'The milk pouches are kept
in the automatic dispensing machine which also keep milk pouches chilled
under 4 degrees,' Kumar says.The ATM - named Any Time Milk - machine can store 150 pouches of 300 ml milk. The milk costs Rs 10 per pouch.The machine is designed to sense only Rs 10 currency note and after
sensing the...
Tuesday, 21 January 2014
Hole in the employees' pension scheme rises to Rs 62,000 crore
Posted by criss brown
NEW DELHI: The hole in the employees' pension scheme rose from Rs 54,200 crore in 2008 to nearly Rs 62,000 crore in 2009, according to a significantly delayed valuation report of the scheme that was launched for provident fund account holders in 1995, when Manmohan Singh was the finance minister.
The report, which was presented to the government last year but only
shared with PF trustees last week, has recommended that a part of the
pension scheme's corpus be invested in "real assets like equities"
instead of keeping...
Wednesday, 8 January 2014
10 best tax-saving investments
Posted by criss brown
Multiple options. Contradictory advice. And a deadline that's
approaching fast. Many taxpayers find themselves in this situation at
the beginning of the year when they have to make tax-saving investments.
Are you also confused? Before you make a choice, go through our cover
story to know which is the best option for you. We have ranked 10 of the
most common investments under Section 80C on five basic parameters:
returns, safety, flexibility, liquidity and taxability. Every investment
has its pros and cons.
The...
Tuesday, 7 January 2014
Flipkart can acquire fashion portals like Zovi, YepMe
Posted by criss brown
BANGALORE: Flipkart has launched its own fashion brand and could also
acquire another online apparel company as it seeks to increase sales of
high-margin products on its portal. Among the companies most likely to be under consideration are two fashion portals, Zovi and YepMe,
which sell exclusively on the web. "They have reached a scale that will
interest Flipkart," said a person with direct knowledge. If
successful, this acquisition will be the second in two years for India's
largest online retailer which bought...
Saturday, 4 January 2014
Increase Your Earning Blogger
Posted by criss brown
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Thursday, 2 January 2014
US spy agency developing computer to crack privacy codes: Report
Posted by criss brown
The US National Security Agency
is trying to develop a computer that could ultimately break most
encryption programs, whether they are used to protect other nations'
spying programs or consumers' bank accounts, The Washington Post
reported on Thursday. The report, which the newspaper said was based on documents leaked by former NSA contractor Edward Snowden,
comes amid continuing controversy over the spy agency's program to
collect the phone records Internet communications of private citizens.
In its report on...
Google dips into CSR budget, ties up with EC for voters’ registration
Posted by criss brown
NEW DELHI: While political alliances are yet to firm up for 2014 polls, the Election Commission
(EC) has already entered a key partnership with US-based internet
giant, Google, to help it manage online voter registration and
facilitation services ahead of the democratic exercise. Over the next
six months, Google will offer EC its resources, including its search
engine, to enable voters to check their enrolment status online and
locate their polling station, complete with directions using Google
Maps. The "arrangement"...
