Tag: Holders

Spouses of H-1B Visa holders in tech sector can work in US: Judge

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New York: In an immigration-friendly move, a judge has ruled that spouses of highly-skilled H-1B visa holders in tech sector can now work in the US, thus upholding an Obama-era rule under which partners were issued H-4 visas.
US District Judge Tanya Chutkan on Tuesday dismissed arguments by Save Jobs USA, who claimed that the Congress never granted the Department of Homeland Security (DHS) authority to allow foreign nationals, like H-4 visa-holders, to work during their stay in the US.
“That contention runs headlong into the text of the (Immigration and Nationality Act), decades of executive-branch practice, and both explicit and implicit congressional ratification of that practice,” Chutkan wrote in her ruling.
She further said that the DHS has authorised employment not just for students, but also for their spouses and dependents.
The lawsuit was also opposed by big tech firms like Amazon, Apple, Google, and Microsoft.
H4 visas are issued to dependent spouses and children who accompany H-1B, H-2A, H-2B, and H-3 visa holders to the US.
The spouses of H-1B visa holders tend to be highly educated, many of them in STEM fields, and previously had careers of their own or worked to support their families.
In 2021, Google filed a legal brief with over 40 companies to protect the work authorisation programme that allows the spouses of H-1B visa holders to work in the US.

As part of his anti-immigration policy, former President Donald Trump had proposed to end the issuing of work authorisation (H-4 EAD) for certain spouses of high-skilled talent who came to the US on H-1B visas.
According to a National Foundation for American Policy (NFAP) analysis, 90 per cent of the spouses of H-1B visa holders are female, two-thirds are from India and 6 per cent from China.
“The US can reap significant economic benefits, ease labor shortages, and attract more workers in the global competition for talent if it expanded current rules on work eligibility for the spouses of H-1B visa holders,” the 2022 study by NFAP said.
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#Spouses #H1B #Visa #holders #tech #sector #work #Judge
( With inputs from www.siasat.com )

March 30, 2023
Multiple Account Holders Alert! RBI issued new rule for those

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Single Bank Account: If you have more than one bank account, then it is very important for you to know that keeping more than one bank account can cause monetary loss, which people often do not pay attention to.
If the earning person is a salaried individual, it is better to have a single savings bank account than multiple savings accounts. Maintaining a bank account is easy and when you file your income tax return, your job becomes easier as most of your banking details are available in the same bank account.
But apart from convenience, if you have a savings bank account then there are some monetary benefits as well as you will be paying bank service charges on debit card AMC, SMS service charges, minimum balance etc.
As per RBI rule, it is better to have a single bank account as it becomes easier to maintain minimum balance and avoid paying bank service charges like debit card AMC, SMS. If a person is salaried, having a single savings account makes it easier for the earning person while filing income tax returns.

Possibility of forgery
Having more than one bank account is likely to mean an inoperative account, which is most prone to fraud. This happens when a salaried individual changes job from one company to another leaving the salary account. In such a case the salary account becomes inoperative and as stated earlier, such accounts are most prone to fraud.
Threat to CIBIL Score
Having more than one account can be a problem in managing your bank account with the proper minimum balance. In such a case, a default can lead to a penalty which is directly related to your CIBIL rating.
Multiplication of Service Fee
Having a bank account attracts various service charges like SMS alert service charges, debit card AMC, etc. If you have a single bank savings account, you will have to make a one-time payment while in case of multiple banks, the service charge for the savings account is doubled.
Hold on your investment
There is also a requirement of maintaining a minimum balance in order to have a bank savings account. If you have multiple banks then there is a possibility of getting a huge amount stuck in your savings bank account. These days, private banks are asking for a minimum balance of Rs 20,000 and if you have three such bank accounts in three different banks, your Rs 40,000 will get stuck in maintaining the minimum balance of two additional bank savings accounts and investing will not be able to do.
This additional Rs 40,000 can be used for investment purpose and a return of 8 per cent can be earned on the same as debt funds attract at least 8 per cent in short term investments. But, in a bank savings deposit one would get around 4-05 per cent, which is almost half of what one earns through investing in debt funds.
Income tax fraud
Interest up to Rs 10,000 in a bank savings account is tax exempt and hence TDS is deducted. So, unless you are getting interest of Rs 10,000 in your bank savings account, your bank will not deduct TDS, it may happen that your bank has not deducted TDS like in your single bank account.
10,000 is not the interest earned in a financial year, but after adding the entire interest in all your savings account, it may cross Rs.10,000, making you liable to deduct TDS. In such a situation, you will have to give this information to the Income Tax Department during ITR filing. Failure to do so would result in income tax fraud, which was done unknowingly.
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#Multiple #Account #Holders #Alert #RBI #issued #rule
( With inputs from : kashmirpublication.in )

March 21, 2023
Bank Account Holders Alert! Complete this work by March 24

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If you are a customer of Public Sector Bank i.e. Bank of Baroda, then this news is useful for you. Crores of bank account holders will have to settle an important task by March 24, 2023.
If you do not do this, then later you may have to face big trouble. Actually, Bank of Baroda (BoB) has issued instructions to its account holders to get Central KYC (C-KYC) done. If you have not completed this work, then go to the bank immediately and complete this work.
Bank gave information by tweeting
By tweeting about this from its official Twitter handle, the bank has told that all the customers who have been called by the bank for notice, SMS or C KYC, should go to the bank and submit their KYC documents. You have to do this work before March 24, 2023. If you have completed this task then ignore this message.

What is Central KYC?
Now customers do not need to do KYC again and again for all the tasks like opening account, buying life insurance, opening demat etc. Now all the works can be completed after getting KYC done only once. The bank submits the records of C-KYC to its customers in digital format.
After this, a customer does not have to do KYC for different purposes and banks match the information with the central KYC. By matching this data, the bank or any institution finds out whether the KYC rules have been fulfilled or not. It is worth noting that CERSAI does the work of managing the Central KYC. In this case, only KYC related information of the customer can be obtained from this number only.
Failure to complete Central KYC can result in huge losses.
If you do not complete the Central KYC, your account may be deactivated. In such a situation, if you have not yet completed this work, then complete it as soon as possible. With this you will not have to face trouble later.
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#Bank #Account #Holders #Alert #Complete #work #March
( With inputs from : kashmirpublication.in )

March 16, 2023
Big Update For Ration Card Holders Falling In AAY, PHH Category In Kashmir – Kashmir News

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Process to verify 7.5 lakh ration card holders be completed in one month, officials found involved in wrongdoing will be taken to task: Dir FCS&CA
Srnagar, Mar 06 (KNO): The government on Monday said that the process to scrutinize over seven lakh ration card holders falling in the category of AAY and PHH in the Valley.
Talking to the news agency Kashmir News Observer (KNO), Director Food Civil Supplies and Consumer Affairs (FCS&CA), Abdul Salam Mir said that the process to identify the undeserving families who have been categorized in AAY and PHH has been started. “We have directed the officers to complete the process across Kashmir within the period of one month,” he said.
He added that a total of 1.5 lakh families fall in AAY category while nearly 5 lakh families fall in PHH category. “We have been identifying the families, who don’t deserve to be in AAY and PHH categories and they are accordingly added in APL category,” he said.
Director FCS&CA further said the employees who are found involved in providing AAY and PHH ration cards to the undeserving families are also being taken to the task.
He said in case any family does not deserve for AAY and PHH category, they should voluntarily surrender their ration cards to ensure that the poor families are benefitted. “Surrendering the ration cards voluntarily will not only save our time, but would also help in ensuring benefits to the poor and downtrodden families within the society,” he said—(KNO)

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#Big #Update #Ration #Card #Holders #Falling #AAY #PHH #Category #Kashmir #Kashmir #News
( With inputs from : kashmirnews.in )

March 6, 2023
Govt begins process to scrutinize ration card holders falling in AAY, PHH category in Kashmir

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Srinagar, Mar 06: The government on Monday said that the process to scrutinize over seven lakh ration card holders falling in the category of AAY and PHH in the Valley.
Talking to the news agency—Kashmir News Observer (KNO), Director Food Civil Supplies and Consumer Affairs (FCS&CA), Abdul Salam Mir said that the process to identify the undeserving families who have been categorized in AAY and PHH has been started. “We have directed the officers to complete the process across Kashmir within the period of one month,” he said.
He added that a total of 1.5 lakh families fall in AAY category while nearly 5 lakh families fall in PHH category. “We have been identifying the families, who don’t deserve to be in AAY and PHH categories and they are accordingly added in APL category,” he said.
Director FCS&CA further said the employees who are found involved in providing AAY and PHH ration cards to the undeserving families are also being taken to the task.
He said in case any family does not deserve for AAY and PHH category, they should voluntarily surrender their ration cards to ensure that the poor families are benefitted. “Surrendering the ration cards voluntarily will not only save our time, but would also help in ensuring benefits to the poor and downtrodden families within the society,” he said—(KNO)
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#Govt #begins #process #scrutinize #ration #card #holders #falling #AAY #PHH #category #Kashmir
( With inputs from : roshankashmir.net )

March 6, 2023
Free ration distribution for ration card holders to begin before Holi; Check full details

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New Delhi, Mar, 02: Free ration scheme under NFSA to distribute wheat, rice, millet and sugar.
The Free Ration Scheme 2023 is a lifeline for the poor across India. With the National Food Security Act (NFSA), the government is providing free ration to over 80 crore people in the country until December 2023. The good news is that all ration card holders will receive free ration before Holi 2023. The government has issued a letter to this effect, announcing that in addition to wheat and rice, millet will also be distributed for free, and sugar will be provided to Antyodaya card holders.
The distribution of free ration (wheat-rice-millet) will commence on March 5, 2023, and will continue until March 20, 2023, in Uttar Pradesh. Eligible household cardholders will receive 5 kg of free ration (2 kg wheat, 2 kg rice, and 1 kg millet) per unit, while Antyodaya card holders will receive 35 kg (14 kg wheat, 20 kg rice, and 1 kg millet) for free. Wheat-rice was already distributed in the previous month.
Antyodaya card holders will also receive 3 kg of sugar during the first three months of this year (January-February and March). The cardholder will have to pay Rs 18 per kg and Rs 54 for 3 kg, and the amount should be paid separately. Ration distribution will be done once a month, and in March, cardholders will receive ration (wheat-rice-millet) for that month.
Unfortunately, the delay in lifting caused the ration to be distributed late in the state. However, the government ensures that under NFSA, free ration will be available to all cardholders across the country until December 2023. The Free Ration Scheme 2023 has been a boon for millions of people, providing them with much-needed relief during these difficult times.
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#Free #ration #distribution #ration #card #holders #Holi #Check #full #details
( With inputs from : roshankashmir.net )

March 2, 2023
Sharjah hotel offers free meals for unemployed visit visa holders

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Abu Dhabi: Those who come to Sharjah on a visit visa in search of job will no longer have to starve without food. A Pakistani restaurant in Sharjah is offering free meals to people who are on a visit visa, local media reported.
Karachi Star Restaurant in Sharjah, is offering food three times a day.
Karachi Star has been serving meals to the poor for eight years and is now offering free meals to those on visit visa.
People who are unemployed or have a visit visa or whose visas have expired can go to Karachi Star restaurants in Muweilah, Saja and Sharjah.
“We offer this service to people in need, irrespective of any country they belong to. We don’t have any terms and conditions for such people. They can order anything available on that day,” Shahid Asghar Bangash, owner of Karachi Star Restaurant was quoted as saying by Khaleej Times.
Mostly people from Pakistan, India, Bangladesh and Africa visit his restaurants.
This is one of the many restaurants that provide food to the needy across the UAE.
In 2020, Indian couple Shujat Ali and his wife Ayesha Abrar also provided leftover food to blue-collar workers to feed around 8,000 people in need.

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#Sharjah #hotel #offers #free #meals #unemployed #visit #visa #holders
( With inputs from www.siasat.com )

February 26, 2023
Multiple Account Holders Alert! RBI issued new rule for those

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Single Bank Account: If you have more than one bank account, then it is very important for you to know that keeping more than one bank account can cause monetary loss, which people often do not pay attention to.
If the earning person is a salaried individual, it is better to have a single savings bank account than multiple savings accounts. Maintaining a bank account is easy and when you file your income tax return, your job becomes easier as most of your banking details are available in the same bank account.
But apart from convenience, if you have a savings bank account then there are some monetary benefits as well as you will be paying bank service charges on debit card AMC, SMS service charges, minimum balance etc.
As per RBI rule, it is better to have a single bank account as it becomes easier to maintain minimum balance and avoid paying bank service charges like debit card AMC, SMS. If a person is salaried, having a single savings account makes it easier for the earning person while filing income tax returns.
Possibility of forgery
Having more than one bank account is likely to mean an inoperative account, which is most prone to fraud. This happens when a salaried individual changes job from one company to another leaving the salary account. In such a case the salary account becomes inoperative and as stated earlier, such accounts are most prone to fraud.
Threat to CIBIL Score
Having more than one account can be a problem in managing your bank account with the proper minimum balance. In such a case, a default can lead to a penalty which is directly related to your CIBIL rating.

Multiplication of Service Fee
Having a bank account attracts various service charges like SMS alert service charges, debit card AMC, etc. If you have a single bank savings account, you will have to make a one-time payment while in case of multiple banks, the service charge for the savings account is doubled.
Hold on your investment
There is also a requirement of maintaining a minimum balance in order to have a bank savings account. If you have multiple banks then there is a possibility of getting a huge amount stuck in your savings bank account. These days, private banks are asking for a minimum balance of Rs 20,000 and if you have three such bank accounts in three different banks, your Rs 40,000 will get stuck in maintaining the minimum balance of two additional bank savings accounts and investing will not be able to do.
This additional Rs 40,000 can be used for investment purpose and a return of 8 per cent can be earned on the same as debt funds attract at least 8 per cent in short term investments. But, in a bank savings deposit one would get around 4-05 per cent, which is almost half of what one earns through investing in debt funds.
Income tax fraud
Interest up to Rs 10,000 in a bank savings account is tax exempt and hence TDS is deducted. So, unless you are getting interest of Rs 10,000 in your bank savings account, your bank will not deduct TDS, it may happen that your bank has not deducted TDS like in your single bank account.
10,000 is not the interest earned in a financial year, but after adding the entire interest in all your savings account, it may cross Rs.10,000, making you liable to deduct TDS. In such a situation, you will have to give this information to the Income Tax Department during ITR filing. Failure to do so would result in income tax fraud, which was done unknowingly.
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#Multiple #Account #Holders #Alert #RBI #issued #rule
( With inputs from : kashmirpublication.in )

February 23, 2023
Damage Notes Holders Alert: Important! Damaged notes

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If you have Torn Notes and you are not able to play that note anywhere, because shopkeepers refuse to take it. So now you do not need to worry because after reading the news of this work, you will get perfect notes instead of your mutilated notes.
That is, now you will not need to run the Damage Note at a discount with a lower price. Actually we are saying this because RBI has made some rules to change this tape pasted note. Let us know that according to bank rules, how you can change these notes and how you can get full money back. That is, how can you make this tape sticking note valid.
RBI rules on mutilated notes
RBI says that old and torn notes can be easily replaced and for this the bank does not charge you any fee. But, if the note is badly burnt or has been broken into many pieces, then such note will not be exchanged. According to the circular of the Reserve Bank, there is a fixed limit for replacing your mutilated notes.
For example, a person can change a maximum of 20 notes at a time, but their total value should not exceed Rs 5,000. At the same time, badly burnt, mutilated notes cannot be exchanged in the bank, because they can be deposited only in the issue office of RBI.
Bank responsibility
According to the Reserve Bank, if a bad or fake note comes out from the ATM, then it is the responsibility of the bank. If there is any kind of defect in the note, then it should be examined by the employees of the bank. If the serial number, watermark of Mahatma Gandhi and the oath of the Governor are visible on the note, then the bank will have to change the note in any case.
The more torn the note, the more it costs

It depends on the condition of your note and note value whether you will get full money back or not. In case of slightly mutilated note, full money is received, but if the note is more torn then you will get some percentage of the money back.
For example, if you have a note of 2000 rupees, whose 88 square centimeter part will give you its full value. On the other hand, if the share is 44 square centimetres, half the amount will be given. Similarly, if 78 square centimeters of a torn note of Rs 200 is safe, then full money will be available, but only half the money will be available on 39 square centimeters.
Second example – If the largest piece of a note with a value of less than Rs.50 is more than 50 percent of the normal note, then on exchange of this note, its full value will be received. If the largest piece of a note with a value of more than Rs 50 is 80 percent or more than the normal note, then you will get the full price for the exchange of this note.
How to replace torn note received from ATM?
To replace the mutilated notes that came out of the ATM, you have to go to the bank from whose ATM the notes came out. You will have to write an application after going there. In which you will have to write the information about the date, time and place from where the money was withdrawn.
After this, along with the application, the transaction related slip from the ATM will also have to be attached. If the slip has not been issued, then the details of the transaction received on the mobile will have to be given. After this your notes will be changed by the bank immediately.
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#Damage #Notes #Holders #Alert #Important #Damaged #notes
( With inputs from : kashmirpublication.in )

February 20, 2023
Ration Card Cancellation: Big news! Ration card holders made

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Free Ration Rules: It is the rule of the government that if a card holder does not take ration continuously for six months, then his name is removed from the list by the government.
Ration Card Cancellation: If you are a ration card holder and get free ration from the government, then this news is useful for you. It is possible that you do not make this mistake and your ration card can be saved from cancellation. Actually, due to a mistake of the ration card holders, 80 thousand cards have been cancelled. Actually, it is the rule of the government that if a card holder does not take ration continuously for six months, then his name is removed from the list by the government. In its place, a ration card is made for another needy person.
Did not take ration for six months
The Goa government has canceled the ration card of people who have not taken ration for six months. These card holders did not take their ration from August 2022 to January 2023. Gopal Parsekar, director of Civil Supplies and Consumer Affairs, said that the cards of card holders who did not take ration were cancelled. Along with this, he told that the department is also investigating why such a large number of card holders did not take ration?
There are about 13.32 lakh ration card holders in the state. Out of these, not taking ration of 80 thousand ration card holders is a big matter. In such a situation, it is being investigated at the departmental level that why these people did not take ration? Parsekar told that those who have requested to cancel the card on the basis of their consent, they can get their card reissued.
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#Ration #Card #Cancellation #Big #news #Ration #card #holders
( With inputs from : kashmirpublication.in )

February 18, 2023