Tag: Jobs in JK

Bank Statement: Important news! When should you check bank

[ad_1]
Bank Statement: Most of the people forget to check the bank statement of their account. Due to which they may have to face a lot of trouble. In such a situation, let us know in the news below that when should the bank account statement be checked.
Bank Statement is a record of transactions done in your bank account during a certain period. This is the authentic document, which gives you the account of your bank account for a particular period. It contains a brief description of the transaction.
The statement contains details of deposits, charges, withdrawals and the beginning and end balance of a period. Now the question arises that how many times in a year the bank account holder should check his account statement? What are the benefits of checking statements at regular intervals? What are the disadvantages for the customer if he neglects to check the bank statement?
Surprisingly, most of the bank customers do not know at what intervals they should check their account statements. Usually customers check bank statement only when they have to give it somewhere. Now-a-days many banks e-mail the bank account summary at regular intervals. But, most people do not see it. Banking sector experts say that customers should check their account statement every month. By checking the bank statement every month, where any kind of fraud with the customer will be detected quickly, on the other hand, if the bank has deducted more charges, then it will also be known.

Benefits of checking statement every month-
Hacking into bank accounts has become a common thing now. Bank statement is an important document, which can be used as proof of fraud. You can easily detect fraudulent transactions by checking the bank statement. By checking the bank statement regularly, you can find out where your money is coming from and where it is going.
It helps in keeping track of each and every transaction. If you are spending more money without any reason, then it will be known from the bank statement. For example, you can easily point-out the expenses like restaurant bill, online shopping etc. on your bank statement and thus you can cut down on your expenses.

Bank charge information-
Banks deduct a certain amount on various transactions. Banks deduct money in the form of physical account details, issue of duplicate passbooks, debit card fees etc. If you check your bank statement every month, you will come to know about these charges. If the bank has deducted more charges, then you can complain about it.
[ad_2]
#Bank #Statement #Important #news #check #bank
( With inputs from : kashmirpublication.in )

March 1, 2023
8th Pay Commission – Big update regarding 8th Pay Commission
[ad_1]
Big news for the employees. Actually a new update is coming regarding the Eighth Pay Commission. Under which it is being said that soon the employees are going to get good news related to salary.
Employees from all over the country are preparing to shout about the 8th Pay Commission. But, there is good news waiting for the central employees. All the ways of the 8th Pay Commission are not closed yet. There is still hope and the discussion is that after the general elections of 2024, the government can also put it into practice.
Means new pay commission can be formed. Salary will continue to increase with dearness allowance. But, salary revision will happen only at the time of 8th Pay Commission. The great thing is that this increase in 2024 or rather in the 8th Pay Commission can be bigger than the increase in the 6th Pay Commission.
Tremendous benefits will be available in 8th Pay Commission-
If sources are to be believed then only after the general elections in the year 2024, there will be any discussion on the formation of new pay commission. But, it is certain that the matter is moving forward. However, in the meantime, the movement of employee unions and many organizations is also moving forward. Preparations for the nationwide movement have intensified. The union has also warned that the government will have to clear the situation on this. According to the government machinery, there is currently no proposal on the 8th Pay Commission.
Union Minister of State for Finance has also mentioned this in the Parliament. But, the sources of the government departments tell that the time has not yet come for the formation of the Pay Commission. Its deadline will start in the year 2024. After the general elections of 2024, when the new government is formed, a decision will be taken on this.
When can the new pay commission be implemented?
If the 8th Pay Commission is formed by the end of the year 2024, then it will have to be implemented in the next two years. Means the situation can be implemented from 2026. If this happens then it will be the biggest salary hike for the central government employees. According to the sources, according to the 7th Pay Commission, there can be many changes in the 8th Pay Commission. The constitution of the Pay Commission can also be changed once in 10 years.

8th pay commission: Salary will change every year?
After the formation of the 7th Pay Commission, there was the least increase in the minimum salary of central employees. Actually, the salary was increased according to the Fitment Factor. In this it was kept 2.57 times. With this, the basic salary was increased to Rs 18,000. If this formula is considered as the basis, then the minimum salary will be Rs.26000 under the maximum range of fitment factor in the 8th Pay Commission. After this, salary revision of lower level employees can be done every year on performance basis. At the same time, revision of employees with maximum salary can be kept at an interval of 3 years.

When and how much did the salary of the employees increase?
- Salary hike of central employees in 4th Pay Commission: 27.6% done. In this, his minimum pay scale was fixed at Rs.750.
- In the 5th Pay Commission, the employees got a big gift and their salary was increased by 31%. Due to this, his minimum wage directly increased to Rs.2550 per month.
- Fitment factor was implemented in 6th Pay Commission. This was kept at 1.86 times at that time. Due to this, the employees got the biggest hike in salary. There was an increase of 54% in his minimum salary. Due to this the basic salary increased to Rs.7000.
- In the year 2014, 7th Pay Commission was formed. Considering the fitment factor as the base, an increase of 2.57 times was made. But, the increment that happened was only 14.29%.
Estimated increase in 8th Pay Commission?
Now after the formation of the 8th Pay Commission, if the government keeps the salary revision on the old scale, then the fitment factor will be considered as the basis in this too. On this basis, the fitment of the employees can be done 3.68 times. On this basis, there can be an increase of 44.44% in the minimum wage of the employees. With this, the minimum salary of the employees can be Rs 26000.
Will 8th Pay Commission come or not?
Now the question is when will the 8th Pay Commission be formed? At present there is no such proposal. Minister of State for Finance Pankaj Chowdhary also categorically denied this in the Lok Sabha. However, if sources are to be believed, the Pay Commission will be formed when the time comes.
But, now the government has time to consider the new scale of salary hike. That’s why ways are being searched for this. Experts believe that general elections are to be held in the year 2024. In such a situation, the government would not want to anger the employees. But, it is not correct to say that the next pay commission will not come.
[ad_2]
#8th #Pay #Commission #Big #update #8th #Pay #Commission
( With inputs from : kashmirpublication.in )
March 1, 2023
Rules Changing From Today: From the time of trains to the prices

[ad_1]
Rules Changing From 1 March 2023: New month has started from today i.e. March has started. From today many rules have changed (Rules Changing From Today) and its effect is going to be on your pocket.
1 March 2023: New month has started from today i.e. March has started. From today many rules have changed (Rules Changing From Today) and its effect is going to be on your pocket. It is very important for you to know about this. It is very important for you to know about this. From the prices of gas cylinders to bank loans, many rules are going to change. Let us tell you which rules have changed from today-
How can it affect people
If you also spend money in the right way and if you do not spend much money. Then this is very bad news for you. Due to change in many things, your pocket is going to be loose from today.
1. How many days will the banks remain closed in March?
From today the month of March has started and many rules have also changed. Many festivals including Holi and Navratri will be celebrated in this month. Due to which banks will remain closed for 12 days. For more information about holidays, you can also visit the official link of Reserve Bank of India https://rbi.org.in/Scripts/HolidayMatrixDisplay.aspx.
2. Bank loan can be expensive
The Reserve Bank of India (RBI) has increased its repo rate, due to which many banks have also increased their MCLR and increasing it will have a direct impact on people’s pockets. In which home loan, car loan, education loan all will increase. Due to this people may have to take loan now.

3. Change in timings of trains
Indian Railways has also changed its timing. From today, the Railways has made a lot of changes in the time table of its 5000 freight trains and thousands of passenger trains. If you also travel in the train or are going to travel, then you must check the timing of the train.
4. Gas cylinder became expensive
Before Holi, the common man has got another blow of inflation. Domestic gas companies have increased the price of domestic LPG cylinder by Rs 50 after a long time. In the capital Delhi, the price of 14.2 kg domestic LPG cylinder has increased to Rs 1103.
5. Increased rates of milk
From today, the price of milk has increased by Rs 5 per liter in Mumbai. The wholesale prices of buffalo milk in Mumbai have increased by Rs 5 per liter from Tuesday midnight.
[ad_2]
#Rules #Changing #Today #time #trains #prices
( With inputs from : kashmirpublication.in )

March 1, 2023
Board cancelled 10th paper: This board canceled the 10th paper

[ad_1]
Board Paper Leak 2023: Haryana Board Class 10th examination started from 27 February 2023. Yesterday i.e. on 28 February 2023, there was the examination of 10th main subject. Due to paper leak on the very first day of 10th board exam, everyone had to face a lot of trouble.
New Delhi (Haryana Board Paper Leak 2023). In the last 1 month, there have been reports of paper leak of many board exams. Now the latest case of Haryana Board is in headlines. Haryana Board 10th and 12th examination started on 27 February 2023 at various centers. The first paper of the Haryana Board 10th main subject exam was held yesterday, February 28, 2023, in Hindi.
Haryana Board 10th class paper got leaked on the first day itself (HBSE 10th Class Hindi Exam). Haryana Board 10th exam started at 12.30 pm and within half an hour the paper went viral on social media (Paper Leak Class 10 2023). BSEH Haryana found out from the QR code printed on the paper at which centers the paper was leaked.
Examination canceled as soon as information was received
BSEH Haryana had canceled the Hindi subject paper as soon as the 10th board paper leak came to the fore. According to Haryana Board Chairman VP Yadav, the 10th Hindi paper was leaked at Jagsi (Sonipat) in Gohana and Tajpur in Murthal. Hindi paper was first leaked from Gohana exam center at around 1.15 pm. After about 20 minutes, Murthal’s information was received.

Examination canceled at only two centers
According to the information received from the Board of Secondary Education Haryana, the entire examination has not been cancelled. Students appearing for exams at centers other than Jagsi and Tajpur need not worry. They will not have to take the exam again. The board will soon announce the date of HBSE 10th Hindi Re-Exam 2023. At present, both these examination centers have been shifted to another place.

New technology exposed
Every year during the board exams, the news of copying and paper leaking is considered common. This year, the Haryana Board has adopted a new technique to curb incidents like copying and paper leaks in the 10th, 12th examinations. According to BSEH, a QR code and an alpha numeric code are printed on the Haryana Board Question Paper. Due to this the examination centers have been revealed.
[ad_2]
#Board #cancelled #10th #paper #board #canceled #10th #paper
( With inputs from : kashmirpublication.in )

March 1, 2023
LPG Cylinder Price Increased: Domestic and commercial LPG

[ad_1]
Before Holi and immediately after the elections, the general public has got a big shock of inflation. Domestic LPG Cylinder Rate has become costlier from today and you will get domestic LPG cylinder costlier by Rs.50.
Domestic LPG cylinder will be available in Delhi at a price of Rs 1103 per cylinder from today. Its previous price was Rs 1053 per cylinder.
19 kg commercial cylinder also became expensive
The price of commercial LPG cylinder has also increased and its price has been increased by a whopping Rs 350.50. After being expensive by Rs 350.50, the price of commercial gas cylinder in the capital Delhi has come down to Rs 2119.50 per cylinder.
Know the new prices of domestic LPG cylinders in four metros
The price of domestic LPG in Delhi has increased from Rs 1053 to Rs 1103.
The price of domestic LPG in Mumbai has increased from Rs 1052.50 to Rs 1102.50 per cylinder.
Domestic LPG price in Kolkata has increased from Rs 1079 to Rs 1129.

Domestic LPG price in Chennai has increased from Rs 1068.50 to Rs 118.50.
Know the new prices of commercial LPG cylinders in four metros
The price of commercial LPG in Delhi has increased from Rs 1769 to Rs 2119.50.
The price of commercial LPG in Mumbai has increased from Rs 1721 to Rs 2071.50 per cylinder.
The price of commercial LPG in Kolkata has increased from Rs 1869 to Rs 2219.50.
Commercial LPG price in Chennai has increased from Rs 1917 to Rs 2267.50.
Domestic cylinder prices increased after 8 months
The prices of domestic cylinders have increased after 8 months and earlier on July 1, an increase in the prices of domestic cylinders was seen. Due to this, the last time the price of domestic LPG cylinder was increased in July itself and since then the price of commercial gas cylinder has increased but the price of cooking gas used in homes was not increased.
[ad_2]
#LPG #Cylinder #Price #Increased #Domestic #commercial #LPG
( With inputs from : kashmirpublication.in )

March 1, 2023
Baramulla Incident: Body of teenage boy retrieved from Jhelum

[ad_1]

Baramulla Incident: Body of teenage boy retrieved from Jhelum

Body of teenage boy, who had jumped in the river Jhelum along with a girl in north Kashmir Baramulla, was retrieved on Wednesday evening.
A boy and a girl jumped in Jhelum today afternoon, however, girl was immediately rescued, while search for the boy was going on.
After hectic efforts body of the boy was also retrieved from the river and was shifted to a nearby hospital for medico-legal formalities.
Meanwhile, police have taken cognisance of the incident and started further investigation. (KNO)

[ad_2]
#Baramulla #Incident #Body #teenage #boy #retrieved #Jhelum
( With inputs from : kashmirpublication.in )

March 1, 2023
Bank cash deposit rule changed : Big news! Now without these two
[ad_1]
Bank cash deposit rule changed : Big news! Now without these two documents there will be no cash deposit in the bank, know new rules here
Never Miss An Update After Joining This Group
Join Our What’s Group Click Here

On 10 May 2022, the government had implemented these rules by issuing a notification. PAN Card and Aadhar Card have been made mandatory for depositing large amounts of cash in one or more banks in a financial year. Similarly, the government has also set the limit for cash transactions.
What will happen to those who do not have PAN?
Those who do not have PAN will have to apply for PAN at least seven days prior to any transaction of more than Rs 50,000 in a day or more than Rs 20 lakh in a financial year. Similarly, if a person withdraws a total amount of 20 lakh rupees or more in a financial year from one or more accounts of any banking company, co-operative bank or post office, then he will have to give PAN or Aadhar card.

Keep these things in mind
Income tax laws prohibit cash transactions above Rs 2 lakh for any reason. Therefore, avoid excessive cash transactions, otherwise you may have to pay a fine.
The government prohibits accepting cash above Rs 2 lakh. Therefore, in a single day, you cannot take more than Rs 2 lakh in cash even from your close relatives.
Not more than Rs 2 lakh can be accepted as a cash gift from a single donor at a time. If anyone violates this, he can be fined equal to the amount received.
Do not pay cash for health insurance. If the taxpayer pays the insurance premium in cash, he will not be eligible for section 80D deduction.
In a property transaction, the maximum cash allowed is also Rs 20,000. If a seller is in advance, then the maximum limit is only two lakh rupees.
[ad_2]
#Bank #cash #deposit #rule #changed #Big #news
( With inputs from : kashmirpublication.in )
February 27, 2023

Tax Deduction in Salary: Your February and March salary can be

[ad_1]

Never Miss An Update After Joining This Group
Join Our What’s Group	Click Here

March 31 is near, only one month is left. In such a situation, some people are going to get a shock in the salary of February and March. Actually, if income tax is made on you in the financial year 2022-23, then your company can deduct it from the salary of February and March.

If your salary for February and March also gets deducted, then understand that the company has equalized the tax calculation on the basis of income tax rules. But if you do not come under the income tax net, and yet the tax has been deducted, then what is the option? Today we explain you the easy way. First of all, the employee has to give information about his investment i.e.

Investment Proof and HRA details to his company. Most of the companies ask their employees to submit Investment Proof Submission from the end of January to February. So that it can be submitted to the Income Tax Department after verification.

At the same time, most people in the country take steps to save tax in the last three months i.e. January, February and March. Especially by investing, people try to free themselves from tax liability. If your organization also had the last date for submission of investment proof till February, then what option is left now? You will also have this question in your mind. Now the last date for investment to save tax is March 31, then companies take the details so early, then how can they invest till March 31 and take advantage of income tax exemption.

Actually, according to the Income Tax rules, if you have submitted the Investment Proof for the financial year 2022-23 to your organization where you work, then there is nothing to panic. You can take advantage of tax exemption by investing till March 31. There are very easy ways for this.

Mention the investment till March 31 in ITR

According to the rule, if you want to take advantage of income tax exemption for the financial year 2022-23, then you can take advantage of it by investing till March 31 without worrying. Even if you have submitted investment proof and HRA documents related to income tax where you work. You can avail full exemption by investing till 31st March and filing ITR before 31st July. In which you can submit all investment documents including HRA, which is valid under income tax rules.

That is, being tension free, you can claim life insurance, PPF, NPS and medical insurance by 31st March, filing ITR on the basis of this document by 31st July. Not only this, if your salary is deducted due to tax in the months of February and March, then that amount will also be returned as soon as you claim it. Always consider March 31 as the deadline.

How to save tax money?

By investing under Section 80C of the Income Tax Act, you can deduct up to Rs 1,50,000 from your taxable income. These include amounts such as premium paid for life insurance policies, children’s school tuition fees, PPF, KVP, Sukanya Samriddhi Yojana, principal amount paid under the head of NSC home loan. Apart from this, by investing in NPS, you can get an additional benefit of 50 thousand rupees. Also, by purchasing medical insurance, you can take advantage of tax exemption.

[ad_2]
#Tax #Deduction #Salary #February #March #salary

( With inputs from : kashmirpublication.in )

February 27, 2023

New rules applicable: Big news! These 5 major changes are

[ad_1]

Rules Changes From March 2023: The month of February is about to end. The month of March is about to start soon and many new rules will become effective from 1st March and some rules may affect your spending plan.

On March 1, social media, bank loans, LPG cylinders and others can be big. At the same time, the schedule of Indian Railways has also been changed. Let us know which new rules will be applicable in March and how they can affect your monthly expenses.

Bank loan can be expensive

The Reserve Bank of India has recently increased the repo rate. After which many banks have increased their MCLR rates. This will directly affect the loan and EMI. The burden of EMI and rising loan interest rates can trouble the common man.

LPG and CNG prices hiked

Gas prices for LPG, CNG and PNG are fixed at the beginning of every month. Although the price of LPG cylinder was not increased last time, but this time it is being speculated that there may be an increase in the prices due to the festival.

change in train schedule

Indian Railways can make some changes in the schedule of trains as soon as summer approaches. The list can be made public in March. According to media sources, from March 1, the schedule of 5,000 goods trains and thousands of passenger trains can be changed.

Bank holiday

Banks will remain closed for 12 days including Holi and Navratri in March. This also includes weekly bank holidays.

Changes to the Social Media Terms and Conditions

The Government of India has recently amended the IT rules. Now, social media sites like Twitter, Facebook, YouTube and Instagram will have to comply with the new Indian rules. The new policy will be effective for posts that incite religious sentiments. The new rule may come into force in March. Incorrect posts can also result in fines for users.

[ad_2]
#rules #applicable #Big #news #major

( With inputs from : kashmirpublication.in )

February 27, 2023

No property tax on 40% of J&K population; remaining to pay

[ad_1]

Amount fixed on J&K UT one tenth of Shimla, Ambala, Dehradun; Shopkeepers too to pay nominal tax annually; J&K people must come forward to build better UT

Jammu and Kashmir Lieutenant Governor Manoj Sinha said that 40 per cent of the J&K population will have to pay no property tax and the remaining 60 per cent have to pay nominal amount between Rs 600 to Rs 1000 maximum amount per annum. He said that tax amount fixed is one-tenth of the tax being paid by Shimla, Ambala and Dehradun.

Talking to reporters on the sidelines of a function at SKICC here, the LG as per news agency—Kashmir News Observer (KNO), said in J&K, 2, 0, 3,680 households are less than 1500 Sq feet.

“Fourty per cent people won’t have to pay the tax. Eighty percent of the 2,0,3680 households will have to pay nominal amount of Rs 600 only while rest will have to pay a nominal amount of Rs 1000 as property tax per annum. This amount is one-tenth of the tax amount being paid by Shimla, Ambala and Dehradun,” the LG Sinha said.

About the commercial including shops, the LG said that 1,01000 shops are in J&K of which 42 per cent shops are less than 100 sq feet. “These shops will have to pay less than Rs 700 per anum. 76 per cent of the total shops of 1,1000 shops will have to pay very minimum amount as the property tax,” he said, adding that the amount collected will directly go into the accounts of Municipal Corporations and utilized for the development of the areas where tax will be collected.

“I urge the common people of J&K to come forward and help build a better J&K,” the LG said.

Pertinently, the J&K government announced imposition of property tax in the UT from April 1. The move evoked sharp criticism from the cross section of the society and the political parties, who demanded immediate rollback of the order.

[ad_2]
#property #tax #population #remaining #pay

( With inputs from : kashmirpublication.in )

February 27, 2023

Tag: Jobs in JK

Baramulla Incident: Body of teenage boy retrieved from Jhelum

Bank cash deposit rule changed : Big news! Now without these two documents there will be no cash deposit in the bank, know new rules here

What will happen to those who do not have PAN?

Keep these things in mind