Wednesday, January 19, 2022

Few Fixed Deposit (FD) Schemes That Offer Over 6.5% Interest

For risk-averse investors, debt is the most popular investment option as it provides guaranteed returns. 

Fixed Deposit (FDS) Balance. Popular with Indians looking to invest in safe, guaranteed returns for decades. Read all the latest updates about COVID-19 here.

Though FDs are a good investment option, interest rates have come down in recent years, reducing their attractiveness. After the outbreak of the covid-19 Pandemic, FD rates slashed, however, some small banks offer higher returns on one-year bank fixed deposits.

John Small Finance Bank, ESAF Small Finance Bank, Sunrise Small Finance Bank, and Utkarsh Small Finance Bank will continue with special offers. Interest rates up to 6.25% on one-year FDs for general depositors and up to 6.75% for senior citizens.

John Small Finance Bank

The interest rate on John Small Finance Bank's fixed deposits of 7-14 days is 2.50%, while the rate of 15 to 60 days fixed deposits is 2%.

Small Financing Bank offers an interest rate of 3.75% on 61- to 90-day bank FDs and 4.50% on 91- to 180-day FDs.

De John Small Finance Bank offers a 5.50% fixed deposit interest rate and a 6.25% fixed deposit interest rate for tenors ranging from 181 to 364 days.

For a year or 365 days. John Small Finance Bank is offering an additional 0.50% refund for Senior Citizens of all ages.

Excellent Microfinance Bank

Small Finance Bank is offering 3% FD interest on deposits for a tenure of 7 to 45 days. This microfinance bank offers an interest rate of 3.25%

4% on 46- to 90-day fixed deposits and 91- to 180-day FDs. The fixed deposit rate is 5.75%. available here

Bank tenure for a period of 181 to 364 days. Utkarsh Small Finance Bank offers 6.25% interest rate on term deposits with terms and conditions.

365 to 699 days.

Lenders are also offering 50 basis point bonus on all tenors. As a result, this small financial bank is offering up to 6.75% interest to the depositors.

One year bank deposit.

ESAF Small Finance Bank

The interest rate on ESAF Small Finance Bank FD for 7-14 days is 4.00% and the same fixed deposit rate for 15 to 59 days is 4.50%. Small

Finance Bank offers an interest rate of 5.25% on FDs of 60 to 90 days and 5.50% on FDs of 91 to 181 days.

The interest rates on fixed deposits range from 6.00% to 6.25% for 183 to 363 days and 6.25% for one year, 365 days and 366 days.

The bank offers a 3.25% FD interest rate on deposits of 7 to 14 days. This microfinance bank offers a 3.25% interest rate on fixed deposits.

4.75% interest rate on FDs of 46 to 90 days and FDs of 91 to 180 days. The bank's fixed deposit rate is 5.25%

Deposit with tenure of 6 to 9 months. The interest rate on fixed deposits of 1 year and 6 months is 365 to 6.50%.

SOURCE: ETNOW

Post Office Small Saving Scheme: Invest Only Rs 1,411 Per Month And Receive Rs 35 Lakh After Maturity

If you are one of those investors who are looking for high returns on low investment, then this is a great savings scheme.

As you know, India Post often launches savings schemes for the rural population. full starting point

The scheme is such that middle-class residents can invest at good interest rates. India Post Village has been started for this

The Suraksha Yojana is part of its rural program to help people in rural areas.

Under the Gram Suraksha Yojana, investors can deposit up to Rs 1,411 per month and get returns of up to Rs 35 lakh. This program is for youth. This would be a great investment opportunity.

Who can open Gram Suraksha Yojana Account?

Gram Suraksha Yojana is open to all. Anyone above 19 years of age can open this account. According to the India Post website, the maximum age limit for this is

The scheme is 55 years old. This scheme is mainly for Indian citizens in the age group of 18 to 65 years.

Village Suraksha Yojana: More Details

Village Protection Scheme Rs. 10,000, ensuring a minimum value of Rs. You can choose any amount up to 10 lakhs. Total Insurance and bonus are payable when a person turns 80, or his legal heir/nominee dies, whichever is earlier.

Gram Suraksha Plan: Premium Details

The investor is given the option to pay the premium of the Gram Suraksha Yojana and the premium can be paid on a monthly, quarterly, half-yearly, or monthly basis.

On an annual basis. In addition, customers are given an additional 30 days to pay the premium. If a 19-year-old starts investing Rs 10 lakh in a Grameen Suraksha policy, the monthly premium is Rs 1,515 for 55 years, Rs 1,463 for 58 years,1,411 for 60 years. The maturity benefit for a 55-year policy is Rs 31.60 lakh, while that for a 58-year policy is Rs 33.40 lakh. 60 years

The maturity benefit will be Rs 34.60 lakh. Furthermore, once more, it would imply that you would need to spend on these techniques. Eligible for any Gram Suraksha Yojana.

SOURCE: INDIA.COM

Sunday, January 16, 2022

What is E- Basta Scheme?

What is E- Basta Scheme?
What is E- Basta
Scheme?

In the past few years, the Modi government has introduced several schemes to improve the lives of the citizens of India. 

The government looked at all aspects of the society with the pension schemes, insurance schemes, and many other savings schemes for the people and tried to improve them.

The next step of the government is the eBasta scheme, through which the Government of India will provide education to the children across the country in a better way. eBasta is a frame book from which school books can be made available in digital form as e-books because e-books can be used on tablets and laptops to read. 

The main idea of ​​this scheme is to bring various publishers and schools together on a single platform. This initiative is managed by the Center for Development of Advanced Computing.

eBasta scheme:-

Basta is a Hindi word that means School Bag. It is an online platform that can be used by teachers, publishers, and students through the internet. On this platform, all the books are uploaded on the basis of the courses, and the students and teachers have to study only by downloading the material.

The content that can be downloaded from the eBasta portal can be read on a mobile phone, tablet or computer. Students and teachers just have to select all the courses which are currently running and download them. According to the board, the selection of books will be done by the school faculty according to the syllabus decided for that year.

The framework implemented as a portal brings together three categories of stakeholders: the publisher, the school, and the student. It provides them with the following functionalities:-

Publisher: Can upload meta-data covering class, language, subject, price, preview pages etc. along with e-content. Prepublication content can also be uploaded for review and will not be available for download. The comments and ratings given by the users of the portal can be viewed by the publisher as well as download statistics of various e-contents.

School: Schools can access the portal to compile the resources for each class as per priority through specially authorized teachers. After browsing the e-content uploaded by different publishers and selecting the right content, the school can organize them in the eBasta in a hierarchical manner. Each eBasta is given a unique name, which is also given to the students so that they can download the eBasta automatically.

Students: Students can download a prescribed eBasta on the portal or find out the eBasta and e-Content available on the portal and download the ones they need. If the downloadable content includes payments, they will be taken to the payment portal to complete the payment. After payment, they can download the content. In the case of eBasta, they have to use the eBasta App to access the content.

Benefits of eBasta Scheme:-

Students can download these eBooks on tablets, laptops,s and desktops through the eBasta App and study them at their convenience. Access to the App is easy and in a structured format. They can also access the content of other schools. can |

Most apps run on the Internet, but this is not the case with eBasta. Once the eBook is downloaded, it can also be read offline. So there is no internet charge to read it. Even if the internet connection is slow, which is very common in India, it will not take much time to download this book. Downloading time may increase if the book is lengthy and contains many images. Various file formats like text, animation, graphics, audio, videos, etc. are available in it. This will reduce the load on the students, as they no longer have to carry heavy bags. Because the books will be easily available on the portal.

Books will be available instantly. Generally, it is seen that students have to search for books in the market and many times the books are not available. Moreover, the eBook is completely safe and there is no risk of viruses.

eBasta App:-

Right now, the app is only available on mobiles, tablets, laptops, and desktops with the Android operating system. Here is the link to download the application.

VISIT OFFICIAL WEBSITE: https://vikaspedia.in/education/interactive-resources/ebasta

SCHEMES:

Wednesday, January 12, 2022

Is Your Aadhaar Number Real Or Fake, Find Out

Aadhar card has turned into a significant report for everybody nowadays. 

Through this, administration and non-government work finish without any problem. Nowadays you cannot do any work without Aadhaar. Regardless of whether it is business related to your home or getting the crown antibody, Aadhaar is required for each work. 

So imagine a scenario where you come to realize that your Aadhar card is phony. So it is vital to realize that your Aadhaar isn't phony or not. To know whether the Aadhar card is genuine or counterfeit, you need to follow a few stages.

Firstly go to the official website. Its address is https://resident.uidai.gov.in/aadhaarverification

By tapping on it, a page will open before you. When the Aadhaar Verification page will open, you will see a text box where you need to enter your Aadhaar number.

After this, you will see a manual human test on the screen which you need to enter.

If the Aadhar number is correct then a new page will open with details like Name, State, Age, Gender, etc along with the Aadhar Number.

Yet, on the off chance that your aadhaar number is phony, this page won't open and an invalid aadhar number will be displayed as composed.

In the current era, online fraud has increased rapidly, so people have become more alert than before. They check 10 times before doing any work. Sometimes documents are also misused. Sometimes the document turns out to be fake. Because nowadays its complaints are also increasing. So presently you must be more ready than any time in recent memory.

Government Schemes For Girl Marriage

Even today, in our society, a daughter's marriage has been kept as a hoax. 

Some people start Saving money for marriage instead of her studies, but marrying a daughter for the poor section is still a big challenge. Keeping this in mind, the Central Government and the State Governments have come up with many marriage schemes. 

Let's know about such girl marriage plans.

Prime minister wedding shagun yojana

The Government of India has started this scheme with the aim of providing higher education to the daughters of the minority communities. Under this, 51 thousand rupees are given by the government at the time of marriage to the girls who complete their graduation before marriage.

This scheme has been specially designed with the aim of providing university or college-level higher education to Muslim girls.

Apart from Muslim girls, girls from minority communities like Sikh, Buddhist, Christian, Jain, and Parsi get the benefit of this scheme.

On completion of graduation before marriage, an amount of 51 thousand rupees is given by the government in the form of an omen in the marriage of the girl child.

The benefit of this scheme will be given to those girls who have got the Angbegum Hazrat Mahal National Scholarship at the school level.

To take advantage of this scheme, it is mandatory to complete graduation from a recognized college.

It is required for a Muslim young lady to be a resident of India.

The annual income of the girl's parents should be less than two lakhs.

For more information about Pradhan Mantri Shadi Shagun Yojana, log on to the website https://www.india.gov.in/schemes-maulana-azad-education-foundation.

Along with this, on completion of 9th and 10th studies, 10 thousand rupees are given and girls who complete 11th and 12th class get scholarships of 12 thousand.

Chief Minister's Girl Marriage / Nikah Scheme

This scheme of the Madhya Pradesh government is for the girls of poor families. In this, an amount of 51 thousand is given by the government to the family for the marriage of a girl child. Know some terms and conditions for this

The first condition to take advantage of this scheme is that it is mandatory for the person to be a resident of Madhya Pradesh. People settled in Madhya Pradesh coming from other states will not get the benefit of this scheme.

People living below the poverty line, who have a certificate for this, only they can take advantage of it.

The age of the young lady ought to be 18 years or above.

There is no religious limit in this, that is, whether you are a Hindu or a Muslim, you can take advantage of this scheme.

Only two daughters of any family will be able to get the benefit of this scheme.

Under this, for registration, you have to provide residence proof (resident proof), a girl's birth certificate or birth proof, a BPL certificate, and bank account information.

Assistance is given in three phases by not giving the amount at once-

1. On completion of the registration process, Rs 43,000 is directly deposited in the applicant's account, so that he can make preparations for the wedding.

2. With the remaining five thousand rupees, clothes, utensils, and other household items are given to the girl as a gift to settle the household life.

3. The remaining amount of three thousand will be given for organizing the marriage.

What to do?

For this, it is most important that you go to the website of Madhya Pradesh government socialjustice.mp.gov.in. Download the form of Chief Minister Kanya Vivah Yojana from here and take a print. Fill all the information and submit it to the Gram Panchayat, District Panchayat, or Municipal Corporation office. For more details contact on the following address - Commissioner, Social Justice and Disabled Welfare 1250, Tulsi Nagar, Bhopal - 462003 Phone: 0755-2556916 Fax: 0755-2552665 Email: dpswbpl@nic.in.

Disabled Marriage Promotion Scheme

This scheme of the Chhattisgarh government has been specially made for the differently-abled.

It is mandatory for the applicant to be a resident of Chhattisgarh.

The age of the girl should not be 18 or above and not more than 45.

The age of the groom should not be 21 or above and not more than 45.

If one of the disabled couples is disabled, 50 thousand rupees will be given to him and if both are disabled, one lakh rupees will be given.

You will have to submit the application form to the joint director or deputy director of the district, village panchayat, and social welfare.

For more details log on to https://sw.cg.gov.in/ website.

Chief Minister Kalyani Marriage Assistance Scheme

This is another marriage scheme launched by the Madhya Pradesh government with the aim of encouraging and supporting widow marriage. Under this scheme, the assistance of two lakhs is given to the woman, so that she can lead her household life easily. Let us know what are the terms and conditions to take advantage of this scheme.

It is mandatory for Kalyani (widow woman) and her future husband to be a native of Madhya Pradesh.

Kalyani's age should be 18 or above and their husband's age should be 21 or above.

Kalyani's family does not get a pension nor does she herself pay income tax.

The man to whom Kalyani is to be married should not have a loving wife already.

- If Kalyani wants, she can participate in the mass marriage program or can also take advantage of the scheme by doing individual marriage.

The benefit of this scheme will be available only if you apply within one year from the date of marriage. Applications made after one year will not be valid.

Note that if Kalyani gets divorced within seven years of marriage, then this assistance amount will be withdrawn from her.

Note: For more details visit the website socialjustice.mp.gov.in.

Kanyadan Yojana

– For the marriage of daughters of working-class people of Haryana Government, an assistance amount of 51 thousand is given.

For this, it is mandatory for the worker to be registered for one year. ,

– This assistance amount can be obtained by submitting all the documents within one year of marriage.

A marriage certificate is necessary for this.

This assistance amount will be available only for the marriage of three daughters.

– Three days before the marriage, this assistance amount will be given to the worker.

For marriage, it is necessary for the girl to be 18 years or more and the groom to be 21 years or more.

For more details visit https://hrylabour.gov.in/ website.

Chief Minister's Marriage Scheme

Under this scheme of the Government of Madhya Pradesh, help is given in the marriage of a girl, widow, or abandoned girl from the economically weaker section. Materials of 16,000 and six thousand rupees will be deposited in the name of the girl child for five years to settle the girl as a household.

It is mandatory for the girl to be a native of Madhya Pradesh.

The parents of the girl should be from the Muslim community. It is necessary for the girl to be a BPL cardholder.

The age of the girl should be 18 years or above and that of the groom should be 21 years or above.

The girl should have a savings account so that money can be deposited directly into her account.

– List of material to be given to the girl: LPG gas connection/color TV, sofa set, or steel cupboard.

- Iron or wooden bed, mattress, quilt, pillow, and two sheets. Payal, beech, and mangalsutra for girls.

– Sewing machine or cycle and fan. 11 steel utensils and pressure cooker. set of two sarees for the girl child and make-up material.

Disclaimer: www.theindialook.in is an educational and non-commercial platform trying to provide complete information relating to the content. A minor part of the Contents, Images, Icons, Quotes, Books, Documents, and literature posted on this site is just for reference and educational purposes only and SHOULD BE VIEWED ONLY. It is strictly recommended to the readers or viewers to contact the original owner/publisher of these products or information for further requirements.





Friday, January 7, 2022

Why Citizens Must Be Wary Of Attempts To Link Aadhaar With Voter ID

In the coming weeks, the Modi government may announce a law that will link Aadhaar with voter ID cards.

There is no doubt that it will be challenged in the Supreme Court in view of the various legal errors created by such a system. Too many

Legal scholars have written extensively about this law of connection, which violates the fundamental right to privacy, the norms set forth in it.

The Foundation's decision and how it represents excessive and unrealistic executive redundancy that violates the principle of necessity (especially since)

Aadhaar is not a proof of citizenship).

However, there is another area of ​​concern that has not been fully addressed in the comments: the persistent lack of trust that haunts Modi Government.

It should be noted that this is a government that is making strong and shameful arguments against the fundamental right to privacy of its citizens. or This absurd case has been heard in the Supreme Court that why no citizen has the right to escape from all the efforts of this government.

The Supreme Court has fortunately removed such confusion.

The government has been in the habit of collecting data on its citizens since 2015. This government has consistently denied it

Linking grounds (often without debate) to all types of services, including cemetery use

Marriage registration and train ticket purchase. This happened when the Supreme Court took action and banned the use of Aadhaar for social reasons.

The government had to abandon welfare schemes.

To address these concerns, there have been allegations of Aadhaar data breaches throughout the tenure of the Modi government before the verdict.

Citizens are constantly being made false promises of 'secure' data. Aadhaar app was hacked in 2018. even before

It is learned that Aadhaar numbers have been downloaded from around 210 government websites. According to another report by the Center for Internet and Society

It may be noted that there are around 130 million Aadhaar numbers available on the Internet (along with other sensitive information). a major national

The newspaper published the result that Aadhaar data is available to buy for just Rs 500. These are just a few of the many examples.

When the Supreme Court put pressure on the government on this and other issues related to data security, the data was withheld.

'Walls thirteen feet high' indicate a lack of information security.

While this is attributed to carelessness, there is a more worrying trend, which manifests evil and willful intent to continue.

Obtaining personal information for political gain. The Madras High Court recently issued a notice confirming the allegations of BJP workers.

They had access to Aadhaar data and were able to 'profile and target' voters. If proved to be true, it is a very serious criminal offence.

The Supreme Court, exposing the spying of journalists and political opponents, asked the Modi government whether it was true.

using software. Obviously, the government bowed down and refused to give a direct answer. looks like a merger

complexities of government work

Even the most recent Personal Data Protection Bill seeks to create a system where the government has an empty cart to collect any data.

Public interest without any logic. Justice BN Srikrishnan (retd) said the law has the potential to make India an 'Orwellian'.

State '.

We only believe in the rule of law. However, the law should form the basis of any challenge to the Constitution.

Does the government express legal concern about its past actions and is it based on misunderstanding or misconduct?

No explanation has been given so far as to how the linking of voter ID cards will make the voter list 'clean'. Earlier, the exercise was conducted in Andhra Pradesh and Telangana

As a result, lakhs of genuine voters have been thrown out of the election. This exposure is provided and enhanced by the proven track record of the government

Administrative incompetence cannot be taken as a simple exercise of confidence.

The only question that arises from the experience of the last eight years is whether we can trust a government that is often misguided.

The nature and extent of information collected by citizens who have clearly indicated their petty political interests

Voter rights that fundamentally lack information security or are regularly violated? If you take a look at this latest thing

If the Modi government deals with the tarnished spectacle of history, then its response is not commendable. And so it should be opposed. public interest.

SOURCE: THE INDIAN EXPRESS

Transfer Funds Money To PPF, Sukanya Samridhi Yojana Accounts Online

India Post Payments Bank Savings (IPPB) account holders of various post office schemes can perform basic functions like money transfer.

Sukanya Samriddhi Account (SSA), Recurring Deposit (RD), Public Provident Fund (PPF) at the comfort of your home.

Premium and other functions for these plans can be done through IPPB mobile app. Anyone with IPPB can easily check their balance.

Transfer money through IPPB and do other financial transactions, for which they had to go to the post office earlier. To open this scheme,

These schemes can be managed online using an IPPB account or mobile app once the individual visits the post office in person.

The government had last year launched the 'Paypay' digital payment app, which is used by post office and IPPB customers. dakpay offers digital

Monetary and partnered financial administrations given by India Post and IPPB. It allows you to send money, scan QR codes and provide services like

Make digital payments for services and merchants. It will also provide interoperable banking services. Investors can use this app Payment too.

How to Transfer Funds to PPF through IPPB

TMove cash from your financial balance to your IPPB account.

Go to DOP service.

From there you can choose the product – Recurring Deposit, Public Provident Fund, Sukanya Samriddhi Account, Recurring Deposit Loan.

To store cash in your PPF account, click on Provident Fund Enter your PPF Account Number and DOP Customer ID.

Specify the amount to be deposited and click on the 'Pay' option.

IPPB will then notify you about a successful payment transfer through the IPPB mobile application.

You can choose from various post office investment options offered by India Post and make regular payments through IPPB Basic Savings Account.

Assets can be moved from other financial balances to IPPB utilizing the application.

How to transfer money to Sukanya Samriddhi Account through IPPB:

Move cash from your financial balance to IPPB account.

Go to DOP Products. Select Sukanya Samriddhi Account.

Enter your SSY Account Number and a while later DOP Customer ID.Select the portion residency and sum.

Simple steps to transfer funds money to PPF, Sukanya Samridhi Yojana accounts online

SOURCE: ETNOW

Wednesday, January 5, 2022

PAN-Aadhaar Linking: How To Link Your PAN And Aadhaar

The last date to link your Permanent Account Number (PAN) with your Aadhaar card is March 31, 2022. 

Those who have not yet linked their PAN with an Aadhar card. It is advised to get the Aadhar card before the last date.

The PAN-Aadhaar linking period has already been extended several times.

If not linked on time then it can have many consequences, from a penalty to cancellation of PAN card, to giving minute report.

The report further states that those who link their PAN with Aadhaar after the stipulated time will have to pay a fee of Rs 1000.

Also, those who do not link will not be able to open bank accounts, invest in stocks, mutual funds, and many other financial matters.

Activity for which a valid PAN card is required

Indian citizens can link their PAN with Aadhaar by visiting the Income Tax Department's official portal, incometax.gov.in. here are the details

Steps to attach your pen to the base.

How to link PAN with Aadhar card?

Visit the official website of Income Tax Department incometax.gov.in.

Click on 'Link Aadhaar' on the homepage.

Enter your PAN details, Aadhar Number, Aadhar Name, and Mobile Number.

Click on the checkbox and click on 'Link Base'.

Type OTP and click on 'Validate'.

(with mint input)

SOURCE: THE QUINT

Disclaimer: www.theindialook.in is an educational and non-commercial platform trying to provide complete information relating to the content. A minor part of the Contents, Images, Icons, Quotes, Books, Documents and literature posted on this sites is just for reference and educational purposes only and SHOULD BE VIEWED ONLY. It is strictly recommended to the readers or viewers to contact the original owner/publisher of these products or information for further requirements.

Tuesday, January 4, 2022

EPFO: Here's How To Change PF Nomination Online

The Employees' Provident Fund Organization (EPFO)

A retirement fund has a number of online facilities on its website that offer, Members have easy access to various services.

One of these characteristics is the identity of the nominee. All EPFO ​​members can submit EPF and EPS nominations digitally by logging on to the EPFO ​​website epfindia.gov.in. Done through it

Submit new PF nomination. EPFO members can do so directly and without any third-party involvement Through the EPFO ​​website.

This was done manually by the employer after submitting Form 2 to the EPFO. On the other hand, many people do this process online.

A simple life of man. This can be done by logging in to the UAN portal and selecting 'Edit Registration Details' with your UAN and Password.

"#EPF members can submit fresh nominations to replace existing EPF/#EPS nominations," EPFO ​​said on its official Twitter handle.

Change EPF / PF List Online. The name of the PF nominee appearing in the recent PF nomination will be treated as final

Submission of a new PF nomination will disable the previous PF enrollment of the PF account holder. To sign in, visit the authority site of EPFO, epfindia.gov.in;

Navigate to 'Services' and select the 'Employees' tab from the drop-down menu;

Then, in Services, go to the 'Member UAN/Online Services (OCS/OTCP)' tab.

Use your UAN and Password to log in;

Under the 'Management' tab, select 'e-Nomination'.

To change your family declaration, select Yes.

Select 'Include family details' from the drop-down menu;

To disclose the total amount of shares, go to 'Nomination Details'.

In the wake of making your statement, click on 'Save EPF Enrollment'.

Click on E-Sign to generate OTP.

An OTP will be given on the telephone number connected to your Aadhar card. send your OTP;

EPFO has now received your e-nomination

Disclaimer: www.theindialook.in is an educational and non-commercial platform trying to provide complete information relating to the content. A minor part of the Contents, Images, Icons, Quotes, Books, Documents and literature posted on this sites is just for reference and educational purposes only and SHOULD BE VIEWED ONLY. It is strictly recommended to the readers or viewers to contact the original owner/publisher of these products or information for further requirements.

Didn't You Get A Fake PAN Card? How To Detect Fake PAN Cards?

Extremely durable Account Number (PAN) is a ten-digit letter number given by the Income Tax Department.

The Income Tax Department of India issues a PAN card to each citizen separately. This PAN card can be used to track all other transactions including payments, TDS/TCS credit, income/property/gift/FBT returns, defined transactions.

Income Tax Department issues only one PAN card to a citizen which records all the transactions. If a citizen has more than one PAN card, he can be fined up to Rs 10,000 under the Income Tax Act. The same punishment is given for fake PAN cards.

Currently, the Income Tax Department issues new PAN cards with QR codes. This code appears on the front of the card. Container card data can be confirmed utilizing this code. Under the guidance of NSDL e-Governance Infrastructure (NSDL eGov), a mobile application called Advanced QR Code Reader has been developed which can be used to differentiate between genuine and fake pens using QR codes.

How to use this mobile application?

FAs a matter of first importance, you need to download this application from Google Play Store. From that point forward, each resident needs to open a record. his software can scan the QR code using the camera of the user's mobile. 

The app scans and provides all the information related to the owner of the card. In the wake of examining the QR code, the client should concur that the PAN card data can't be abused.

According to the NSDL website, after scanning the PAN card code, the data cannot be scanned or saved. The app does not provide this feature.

How to Scan QR Code?

First of all, you need to download Advanced Pen QR Code Reader from Play Store.

Disclaimer: www.theindialook.in is an educational and non-commercial platform trying to provide complete information relating to the content. A minor part of the Contents, Images, Icons, Quotes, Books, Documents and literature posted on this sites is just for reference and educational purposes only and SHOULD BE VIEWED ONLY. It is strictly recommended to the readers or viewers to contact the original owner/publisher of these products or information for further requirements.

SOURCE: NEWS18

Few Fixed Deposit (FD) Schemes That Offer Over 6.5% Interest

For risk-averse investors, debt is the most popular investment option as it provides guaranteed returns.  Fixed Deposit (FDS) Balance. Popu...

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