If you are not happy with the services offered by our Bank, just SMS “Unhappy” to 8008202020 and our dedicated “happy executives” will call you and get details regarding from you. They, together with your branch will resolve the issue to your satisfaction. The quick resolution of all your banking related troubles will surely bring a smile on your face. Go ahead and try it and have problem solved 🙂
Monthly Archives: August 2012
Check CIBIL score before your apply a LOAN
Income Tax Rates Slab for financial year 2012-2013
Men
|
|
Upto Rs. 2,00,000
|
Nil
|
Rs. 2,00,001 to Rs. 5,00,000
|
10%
|
Rs. 5,00,001 to Rs. 10,00,000
|
20%
|
Above Rs. 10,00,000
|
30%
|
Women
|
|
Upto Rs. 2,00,000
|
Nil
|
Rs. 2,00,001 to Rs. 5,00,000
|
10%
|
Rs. 5,00,001 to Rs. 10,00,000
|
20%
|
Above Rs. 10,00,000
|
30%
|
Individual of 60 years or above (Senior Citizens)
|
|
Upto Rs. 2,50,000
|
Nil
|
Rs. 2,50,001 to Rs. 5,00,000
|
10%
|
Rs. 5,00,001 to Rs. 10,00,000
|
20%
|
Above Rs. 10,00,000
|
30%
|
Individual of 80 years or above (Very Senior Citizens)
|
|
Upto Rs. 5,00,000
|
Nil
|
Rs. 5,00,001 to Rs. 10,00,000
|
20%
|
Above Rs. 10,00,000
|
30%
|
As per budget presented on 28th Feb, 2011, Pranav Mukherjee proposed changes forincome tax rate slabs as per below.Apart from current one lakh investment, additional 20,000 Rs will be non-taxable, if it is invested in long term infrastructure bonds.
Income Tax Rates Slab for financial year 2012-2013
Men
|
|
Upto Rs. 2,00,000
|
Nil
|
Rs. 2,00,001 to Rs. 5,00,000
|
10%
|
Rs. 5,00,001 to Rs. 10,00,000
|
20%
|
Above Rs. 10,00,000
|
30%
|
Women
|
|
Upto Rs. 2,00,000
|
Nil
|
Rs. 2,00,001 to Rs. 5,00,000
|
10%
|
Rs. 5,00,001 to Rs. 10,00,000
|
20%
|
Above Rs. 10,00,000
|
30%
|
Individual of 60 years or above (Senior Citizens)
|
|
Upto Rs. 2,50,000
|
Nil
|
Rs. 2,50,001 to Rs. 5,00,000
|
10%
|
Rs. 5,00,001 to Rs. 10,00,000
|
20%
|
Above Rs. 10,00,000
|
30%
|
Individual of 80 years or above (Very Senior Citizens)
|
|
Upto Rs. 5,00,000
|
Nil
|
Rs. 5,00,001 to Rs. 10,00,000
|
20%
|
Above Rs. 10,00,000
|
30%
|
As per budget presented on 28th Feb, 2011, Pranav Mukherjee proposed changes forincome tax rate slabs as per below.Apart from current one lakh investment, additional 20,000 Rs will be non-taxable, if it is invested in long term infrastructure bonds.
History of Indian coins
Indian coin that we see in present time has evolve a lot with it own timeline which can be broadly divided in these category
1) The Frozen Series 1947-1950
2)The Anna Series
3)The Decimal Series
4) Naya Paisa Series 1957-1964
5)Aluminium Series 1964 on wards
The Frozen Series 1947-1950
This represented the currency arrangements during the transition period upto the establishment of the Indian Republic. The Monetary System remained unchanged at One Rupee consisting of 192 pies.
1 Rupee = 16 Annas
1 Anna = 4 Pice
1 Pice = 3 Pies
The Anna Series
This series was introduced on 15th August, 1950 and represented the first coinage of Republic India. The King’s Portrait was replaced by the Lion Capital of the Ashoka Pillar. A corn sheaf replaced the Tiger on the one Rupee coin. In some ways this symbolised a shift in focus to progress and prosperity. Indian motifs were incorporated on other coins. The monetary system was largely retained unchanged with one Rupee consisting of 16 Annas.
Denomination Metal Obverse Reverse Rupee One Nickel Half Rupee Nickel Quarter Rupee Nickel Two Anna Cupro-Nickel One Anna Cupro-Nickel Half Anna Cupro-Nickel One Pice Bronze
The Decimal SeriesThe move towards decimalisation was afoot for over a century. However, it was in September, 1955 that the Indian Coinage Act was amended for the country to adopt a metric system for coinage. The Act came into force with effect from 1st April, 1957. The rupee remained unchanged in value and nomenclature. It, however, was now divided into 100 ‘Paisa’ instead of 16 Annas or 64 Pice. For public recognition, the new decimal Paisa was termed ‘Naya Paisa’ till 1st June, 1964 when the term ‘Naya’ was dropped.
Naya Paisa Series 1957-1964
Denomination Metal
Weight
Shape
SizeCoin Rupee One Nickel
10 gms
Circular
28 mmFifty Naye Paise Nickel
5 gms
Circular
24 mmTwenty Five Naye Paise Nickel
2.5 gms
Circular
19 mmTen Naye Paise Cupro-Nickel
5 gms
Eight Scalloped
23 mm (across scallops)Five Naye Paise Cupro-Nickel
4 gms
Square
22 mm (across corners)Two Naye Paise Cupro-Nickel
3 gms
Eight Scalloped
18 mm (across scallops)One Naya Paisa Bronze
1.5 gms
Circular
16 mmWith commodity prices rising in the sixties, small denomination coins which were made of bronze, nickel-brass, cupro-nickel, and Aluminium-Bronze were gradually minted in Aluminium. This change commenced with the introduction of the new hexagonal 3 paise coin. A twenty paise coin was introduced in 1968 but did not gain much popularity.
Aluminium Series 1964 onwards
Denomination Metal
Weight
Shape
SizeCoin One Paisa Aluminium-Magnesium
0.75 gms
Square
17 mm (Daigonal)Two Paise Aluminium-Magnesium
1 gm
Scalloped
20 mm (across scallops)Three Paise Aluminium-Magnesium
1.25 gms
Hexagonal
21 mm (Diagonal)Five Paise Aluminium-Magnesium
1.5 gms
Square
22 mm (Diagonal)Ten Paise Aluminium-Magnesium
2.3 gms
Scalloped
26 mm (across scallops)Twenty Paise Aluminium-Magnesium
2.2 gms
Hexagonal
26 mm (diagonal)
24.5 mm (across flats)Over a period of time, cost benefit considerations led to the gradual discontinuance of 1, 2 and 3 paise coins in the seventies; Stainless steel coinage of 10, 25 and 50 paise, was introduced in 1988 and of one rupee in 1992. The very considerable costs of managing note issues of Re 1, Rs 2, and Rs 5 led to the gradual coinisation of these denominations in the 1990s.
Denomination | Metal | Weight | Diameter | Shape |
Cupro-Nickel | 9.00 gms | 23 mm | Circular | |
Cupro-Nickel | 6.00 gms | 26 mm | Eleven Sided | |
Ferratic Stainless Steel | 4.85 gms | 25 mm | Circular | |
Ferratic Stainless Steel | 3.79 gms | 22 mm | Circular | |
Ferratic Stainless Steel | 2.83 gms | 19 mm | Circular | |
Ferratic Stainless Steel | 2.00 gms | 16 mm | Circular |
Give a miss call and get a bank account balance for Punjab National bank customer
Now Punjab national bank customer can get account balance from saving account using miss call.Customer can give miss call on 1800 180 2222 or 0120-2490000 from their registered mobile number.Disconnect the call within three rings so as to prevent from connecting to Customer care. Savings account balance will be sent as SMS
Know more about your PAN(Permanent Account number) number Structure
i. Full name of the taxpayer;
ii. Date of birth / Date of Incorporation;
iii. Status;
iv. Gender in case of individuals; and
v. Father’s name in case of individuals (including in the cases of married ladies)
These five fields are called core fields, without which PAN can not be allotted
The fourth character of the PAN must be one of the following, depending on the type of assesse:
C — Company
P — Person
H — HUF(Hindu Undivided Family)
F — Firm
A — Association of Persons (AOP)
T — AOP (Trust)
B — Body of Individuals (BOI)
L — Local Authority
J — Artificial Juridical Person
G — Govt
The fifth character of the PAN is the first character (a) of the surname / last name of the person. In the case of Personal Pan card, where the fourth character is “P” or (b) of the name of the Entity/ Trust/ Society/ Organisation in the case of Company/ HUF/ Firm/ AOP/ BOI/ Local Authority/ Artificial Jurdical Person/ Govt, where the fourth character is “C”,”H”,”F”,”A”,”T”,”B”,”L”,”J”,”G”
The phonetic PAN (PPAN) is a new concept which helps prevent allotment of more than one PAN to assessees with same / similar names. AIS works out the PPAN based on some important key fields of an assessee using an internal algorithm. At the time of PAN allotment, the PPAN of the assessee is compared with the PPANs of all the assessees to whom PAN has been allotted all over the nation. If a matching PPAN is detected, a warning is given to the user and a duplicate PPAN report is generated. In such cases, a new PAN can only be allotted if the Assessing Officer chooses to override the duplicate PPAN detection.
A unique PAN can be allotted under this system to 17 crore taxpayers under each alphabet under each status (i.e. individual, HUF, Firm, Company, Trusts, Body of Individuals, Association of Persons etc.)
Objectives sought : PAN was introduced keeping in view the following objectives :-
i. to facilitate linking of various documents and information, including payment of taxes, assessment, tax demand, arrears etc. relating to an assessee.
ii. to facilitate easy retrieval of information.
iii. to facilitate matching of information relating to investment, raising of loans and other business activities of taxpayers collected through various sources, both internal as well as external, for widening of tax base and detecting and combating tax evasion through non-intrusive means
If you want to know the PAN card just click here and fill this form and get your PAN card info . If you want to know about TAN then click here
PAN can be verified online by filling out the core details mentioned in the PAN Card like NAME,DOB,FATHER’s name click here
IF you have applied for PAN/TAN then you know your status at TAX INFORMATION NETWORK site or at UTI site
Get ICICI bank account balance by missed call
The idea seem very innovative because as of now most of bank charge premium SMS rate for SMS banking which is very much costly from Rs 3 to Rs 5 per query.With this idea ICICI bank has at least managed to reduced SMS call charge to its customer. Hope such facility will be provided by other bank. Try this and post the comment.
Charge your cellphone using a Biological Virus
The virus possesses a property known as piezoelectricity, which means it can translate mechanical energy into electrical energy.
Researchers believe the discovery could help mobile phones user to charge while you walk and replace the toxic piezoelectric elements already used in mobile phones.
These piezoelectric components are made out of heavy, toxic metals such as lead and cadmium, M13 bacteriophage has the ability to generate electricity when compressed without the involvement of any toxic chemicals.
To improve the electricity generating power of M13, scientist at University of California added the amino acid content of the virus’s outer protein coat by adding four negatively charged glutamate molecules.
Source: Time of India
Free Electronic Signature for filing Online tax return
But most of time some people fail to send it in due course of time or there might be some postal delay or missing postal
ITD is currently working on finding a solution to this issue. CPC has been periodically sending email and more recently SMS reminders to all the email addresses and mobile numbers which are stated in the ITRs, wherever ITRVs have not been received.
The facility will help taxpayers who do not have a digital signature. It will save them from the mandatory requirement of sending a hard copy of the return filed electronically through speed post to the department’s central processing centre in Bangalore.
Acquiring an electronic signature will not involve any cost for the taxpayer, as it will be provided by the department. At present only those having digital signatures acquired through specified vendors by paying the required charges need not send the hard copy of the return to the department after filing electronically.ITD is set to introduce a free of cost and easy to operate electronic signture facility to file income tax return online