#income tax returns in telugu | Explore Tumblr Posts and Blogs

akankshasmishra · 4 years

Text

Atal Pension Yojana(APY)-Scheme Details, Amount, Elgibility

There are many investments that we must look upon to make our tomorrow secure from any financial problems. For government employees, there are so many ways like GPF, PPF, and many more. Thus, for the unorganized sector, there are various schemes came into force. Atal Pension Yojana or APY is one of them. So, let’s know more about it!

What Is Atal Pension Yojana?

Atal Pension Yojana or APY is implemented with an objective to provide the pension benefits to individuals in the unorganized sector. Pension Funds Regulatory Authority of India (PFRDA) synchronizes this plan. However, those who are in the organized sector and have no recourse for pension can also apply for this scheme.

The Central Government of India has launched three programs:

Jan Suraksha schemes during 2015-16, Atal Pension Yojana (APY),

Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), and

Pradhan Mantri Suraksha Bima Yojana (PMSBY).

Due to immense public response from the Pradhan Mantri Jan Dhan Yojana to avail banking with zero balance account, our former Finance Minister Late Shri Arun Jaitley decided to create an expanded and enhanced version of the National Pension Scheme, i.e., Atal Pension Yojana. It is a replacement for the former Swavalamban pension Yojana. In Atal Pension Yojana (APY), the investor will receive their accumulated amount as a monthly payment, just as a regular income.

In case, if you (the investor) pass away, your family or better half avails of it. However, if both, i.e., you and your spouse pass away, your nominee will receive the bulk of the amount. Hence, it’s a source of income in old age.

Thus, it helps people of retirement ages to save money for future needs. The entire bulk pension money depends on the amount you devote towards it every month. Added to this, your age is also taken into consideration. One can get this amount from the age of 60 years.

What Are The Extensions We Have From NPS In APY?

APY was launched in 2015 by Finance Minister Arun Jaitley. On the one hand, where NPS is for everyone, APY focuses on the unorganized sector. According to a circular issued by the Income Tax Department in 2016, contributions to APY will be eligible for the same tax benefit as NPS.

a. Age

The customer should be at least 18 years of age to open an NPS account. The maximum age is 55 years. For APY, a person must be 18 years or older to apply. The maximum age for contributing is 40 years.

b. Investment

There is no maximum investment limit for NPS, whereas APY works on a predetermined monthly contribution. Suppose you start investing as early at the age of 18 and invests Rs 210 per month for 42 years of his life. Then you will earn Rs 5,000 periodically.

c. Minimum Investment

Under the NPS scheme, you have to contribute a minimum of Rs 500 per month, while under APY, there are three payment modes for contribution: monthly, quarterly, and half-yearly. Thus, you’re required to pay a monthly payment of Rs 42 to get a minimum guaranteed return of Rs 1000.

d. Returns

Under the APY scheme, returns get decided beforehand. The return ranges from Rs 1000 to Rs 5000, with the denominations of 1000. For NPS, returns get associated with markets. This means that returns for NPS customers can vary depending on various factors, such as market movement.

e. Premature Withdrawal

As per APY rules, you’re not allowed to withdraw money before the tenure ends. However, in case you die or have a severe medical condition, you shall be entitled to withdraw the amount. For NPS, premature withdrawals will only be allowed in Tier 2 accounts.

Features of Atal Pension Yojana:

1. Raising The Amount Of Subsidy:

As stated above, the amount of pension at your 60s solely depends on how much money you had devoted towards this. Apart from that, it also includes how early you had started investing. These pension amounts vary with the different contributions you made in your producing ages. It may happen that you may devote more bucks towards this plan. As certainly, it will yield bigger fruits in the future.

To make your way easier, the government has laid other paths too. Now, you can add up or deduct from your actual payment towards this every month. Let’s say in a month; you had other prioritized expenditures too. So, indeed, you’ll not be able to devote more money towards this. In that case, you’ll have to decrease your subsidy. Thus, the thread is in your hand itself. When to lose and when to tighten, it’s completely your choice. All you need to do is consult your bank branch manager about it and work upon the necessity.

2. Auto-Debit:

It gives you the facility of auto-debit, so you should not take this into consideration. It will be paid automatically. The only thing you need to consider is the sufficient balance in your account, which is linked with the APY account so as not to penalize yourself.

3. Pension:

It can be provided into denominations of Rs. 1000, Rs.2000, Rs.3000, Rs.4000, Rs.5000, depending on your monthly contributions.

4. Age-Restriction:

This scheme has an age restriction between 18 to 40 years. So college students can also invest in this scheme, and the maximum bar is of 40 years because in this scheme you have to contribute for at least 20 years.

5. Premature Withdrawal:

You’re not permissible to extract the amount earlier than the requisite day. However, in cases like any severe illness or death, you’re permissible for withdrawal. You can get the total amount you expended for such cases.

However, if you discontinue the plan before turning 60s for any reason except stated above, you’ll be in a great loss. Although the sum and interest you earned on that sum, will get paid back to you. Yet you won’t get granted for any government gifts or extra bucks on the interest earned on your sum.

After attaining the age of 60 years, you will be eligible to withdraw the entire amount after the closure of the scheme with the bank concerned, i.e. get a monthly pension. You can also take all the reimbursements in case of any tragic illness before attaining the age of 60.

6. Penalty Charges:

If you miss your payments, a penalty will be imposed. A fine of Re. 1 is imposed on the monthly endowment of Rs. 100 and more.Fine of Rs. 2 is imposed on the contribution of Rs. 101 to Rs.500.

Rs. 5 fine will be imposed on the contribution of Rs.501 and Rs. 1000.Rs. 10 will be imposed on the contribution of Rs. 1000 and above. If in case you’re unable to pay your subsidy for 6 months, your account gets seized temporarily. However, if the delay continues until 12 months or more, it collapses on its own. Then, your entire amount gets paid back to you.

7. Tax Deduction:

The tax deduction portion of this scheme falls under section 80CCD. As per section 80CCD, a max of 10% of your total basic wage. However, the max limit is Rs. 1,50,000. Additional discount of Rs. 50,000 is allowed under Section 80CCD (1B) for devoting to Atal Pension Yojana.

Monthly Contribution For Atal Pension Yojana Chart Age-Wise

According to different ages, you must deposit dissimilar contributions. Keeping the fact of how much pension you want after 60, the payment varies. This graph will help you understand and analyze according to your specifications.

Monthly Contribution Of Atal Pension Yojana

Benefits Of Atal Pension Yojana:

1. Regular Income Source For Old Age:

This scheme financially enables you in the age of 60s to meet your necessities. This is specially made for the ones working in unorganized sectors, e.g., Maids, gardeners, etc. In case of any illness or accident, this scheme provides a sense of security to all such crowds.

2. Nominee:

Unfortunately, if you pass away, your wife gets to avail of it. However, there are situations where both the investor and his wife dies. Then, the nominee has the choice to avail the entire amount. He can deactivate the account and receive the same pension money. The nominee can be a legal heir or any other family member.

3. For Unorganised Quarter:

Why should government employees avail of all opportunities? Some get diverted towards the corporate sectors as well. For making their lives easier, this plan got implemented. Although ones who are in the organized sector and had no recourse to a pension can also apply for this Yojana.

4. Government-Supported:

This scheme gets backed by the government, so there is no means of loss or risk. Your hard-earned money is in protective hands.

Eligibility Criteria Of Atal Pension Yojana

i. You must be an Indian civilian.

ii. You must have a legitimate active contact number.

iii. Make sure your account is well tied-up with Aadhar Card.

iv. You must be in the age bracket of 18 to 40 years.

v. You must not be a part of other welfare plans.

vi. The min duration that you must fund to your account is 20 years.

Beneficiaries of Swavalamban pension Yojana are automatically migrated to this scheme.

Characteristics For Atal Pension Yojana

All nationalized banks offer this scheme. You can choose these banks to open your APY account.

Atal Pension Yojana can be accessed from online portals or from the other banks. This form can also be downloaded from the official site.

The forms are in service in English and Hindi and seven other regional languages, i.e., Bangla, Gujarati, Kannada, Marathi, Odia, Tamil, and Telugu.

Pen down the blanks in the form, after filling, handover them to the bank for further work.

If you have not already provided a contact number to the bank, provide a valid mobile number.

Also, carry with yourself two scanned pictures of your Aadhar card.

Frequently Asked Questions

1. Is it feasible for me to subscribe to the APY pension plan? What if I’ve not opened a savings account yet?

No, first of all, you need to open a savings account. Until and unless you save, how’ll you divert towards other fields? Then go for an APY subscription.

2. Is it mandatory to declare a candidate while applying for Atal Pension Yojana?

Yes, in case both you and your wife’s unfortunate death, your nominee gets the amount. So, you need to choose a person as your nominee. For more verification of your nominee, you must provide his KYC information as well.

3. Can I accumulate more than one pension accounts under this scheme?

No, you cannot accumulate multiple pension accounts under this plan.

4. Is there any way how I can apply for it online?

No, at present, there is no provision to apply online for APY. You can fill the form in the post office only.

5. What documentation you must carry with yourself to submit for this scheme?

To apply for the APY scheme, you need to submit the form accompanying a scanned Xerox copy of your Aadhar card. No further documents you need to carry.

6. How can I know if my scheme is functioning well or not?

You will get a notification pop up on your registered phone number once the plan gets approved.

7. When is the last date to which I can join the Atal Pension Yojana?

Atal Pension Yojana does not have any such last date to join the scheme. Handover this form as early as 1st June for being the part of this magnanimous scheme. The scheme gets revived every year by 1st June.

8. Is the money invested in this plan safe? Will the plan face any kind of transformation if the party changes?

Although this scheme is passed in the budget session, it doesn’t depend on Government bifurcations or change. The plan will not be closed if the government changes, and your contribution is safe. Any successful governments only have the right to rename the pension scheme.

9. What is the age tenure to join this scheme?

You can join this scheme as early as the age of 18 years. College going students can also go for it. The highest age for being part of this scheme is 40 years. Having the upper limit is due to the reason of the compulsory contribution duration of 20 years. From 60 onwards, you will start being paid with your pension.

Final Talk

Pension getting is another beautiful stage of life. Getting ripened fruits for a tree, you grew in the past is something to cherish for! I hope this article helped you in enlightening your views.

source http://invested.in/atal-pension-yojana/

source https://investedindia.wordpress.com/2020/09/23/atal-pension-yojanaapy-scheme-details-amount-elgibility/

0 notes

essential4you · 5 years

Text

How to increase your income every month | passive income in Telugu | easy way to earn money

How to save money easily. How to increase your income every month. easy way to increase you money. Money saving tips in Telugu Language. How to make money easily. passive income in Telugu. If you need any services like PAN Card, Money Management, Company Registration, Income tax Returns, Mutual funds.. etc. Please write to us on [email protected].

#moneytelugu #moneycollege…

View On WordPress

#deling #Earn #easy #gratis #Income #INCREASE #kameratelefon #Money #Month #Passive #passive income strategies #Telugu #upload #video #videotelefon

0 notes

vsplusonline · 4 years

Text

EXCLUSIVE! Suniel Shetty: If the businessmen aren’t take care of, they won’t be able to take care of people - Times of India

New Post has been published on https://apzweb.com/exclusive-suniel-shetty-if-the-businessmen-arent-take-care-of-they-wont-be-able-to-take-care-of-people-times-of-india/

EXCLUSIVE! Suniel Shetty: If the businessmen aren’t take care of, they won’t be able to take care of people - Times of India

As each day passes by, coronavirus cases are increasing in India with an increase in death reports as well. The nation in under lockdown however there is no decline in coronavirus cases. Past few days, we have seen an immense growth in COVID-19 cases. It has come to an extreme level which has led to an extension in lockdown till the end of the month.

With the cases increasing and no work taking place in the country except work from home for many organisations, the economy is at stake currently. A drastic slowdown has been observed in the economy which is alarming for the nation. Showing his concern on the same, Suniel Shetty exclusively spoke to ETimes and shared his opinions on the ongoing issue.

Suniel Shetty said, “The economy getting affected is the only sad part, the world is offering subsidies and solutions to the economical issues. I understand completely that it is our job to support the underprivileged, it’s our job to support the daily wages, we will do it and we will continue to do it but who will support a businessman? Brokers are bleeding everybody is bleeding ,whether it is stacks or banking, I think banking will have to be looked in the biggest way because loans, repayments, interests is something that needs to be looked into, some reforms have to come about. You’re talking about three trillion dollars being presented by the US, something needs to be done that’s something that I think will give a shot to not only people who want to help other people but also to the share market and everything in general. I think that’s the only sad part and that’s something that we’re missing. Even in our own industry, fifty percent of the films that are already on floor will bleed because of the interest, koi interest maaf nahi karta, delay picture ki iska matlab kam picturein release hongi, kam picturein release hongi matlab baaki k picture dabbe me rahenge, baaki k picture dabbe me rahenge yani huge loss, sirf bade bikenge chote bikenge nahi. So every industry needs a solution and I think that is what we are looking for from the honorable Finance Minister and these parties ruling the centre and the state. Because this will break the backbone of the entire economy thereby pushing recovery of the common man way behind. If the industrialists, businessmen, middle class businessmen, restaurateurs, theatre owners, movie makers all the businesses are not taken care of, they will not be able to take care of the people.

youtube

We also asked the actor about his film projects which has been put on hold following the lockdown in India. Responding to the same, Suniel said, “Absolutely, and that is why the projects which haven’t started, the projects that I am on or going to be leading you know 26th March was release of Priya’s film ‘Marakkar’ they spent all the money on the publicity and have to now go in again. It is a huge film. And there are huge films in different languages coming up now how many of them are going to come together? Where do the people have the money to go to movies after this? Sab kuch toh ration me khatam ho raha hai, sab kuch toh dawaaiyon mein jaa raha hai toh kya hoga? I think the economy part of it is also to be addressed and addressed very soon. You see Canada, UK, America – the relief has already been given to the businessmen and young entrepreneurs and they are all looking to help the community, here everybody is shit scared of what is going to happen? When am I going to get my money? When am I going to pay my EMIs? What am I going to do? And if that comes about it will not transfer to the people who actually need it. So that’s a big question mark and that’s the only downward that I feel soon the honorable Finance Minister should come up with reforms. Delaying income tax filing return is not going to help. How we are going to help the businesses that are shut? You asked us to shut completely and people have shut, industries are shut, shootings are shut, airing of television has stopped so there has to be something that has to be decided on behalf of the centre as well as the states. What are the reforms that you are offering? Nothing! A lot of people might be scared to talk about it but I think you need to talk about this because fear will only harm us and if we don’t talk about this the whole community is going to suffer and when the community suffers I am very sure people down the line will also suffer because people are only thinking about their problems. I understand everybody says, society k liye yeh karenge who karenge, lekin jab admi khud mara hota hai toh bohot mushkil hota hai and anyways businesses have been in slack in the last year or two. Corruption has been eradicated which is fantastic but reforms are very important.

While Suniel spoke about business suffering loss and films going kaput, we asked the actor about his upcoming projects and asked him about ‘Hera Pheri 3’ which he had confirmed to zoom channel recently. The actor said, “Right now we are all lost and know nothing that is going to happen. Apart from my film ‘Marakkar’ that is ready for release and ‘Fraudster’ which is an English and Telugu film that I am doing is close to completion, ‘Mumbai Saga’ is close completion but God knows when it will release, getting the right date with hundreds of films together with all big films not knowing whose dates have been shifted. So the new films are going to start, I was to start something in April, May, June, it was a huge team from the US that was going to come here for the action and stuff and now nobody knows. That film depends a lot on this action team. So no clue, don’t want to pressurize anybody we all are going through the same problem. We are one right now, so let’s stay calm, let’s not believe anything is going to wrong and everything is going to be right. As long as we are healthy and living and breathing, I think everything will fall into place because all the other problems are problems that carry all except this.”

While Suniel has expressed his concerns regarding the economy slowdown and its impact on businesses and entertainment industry, we are in hopes that the government will find a solution to these economical problems once the lockdown is over!

Source link

#FEATURED

0 notes

todaybharatnews · 5 years

Link

via Today Bharat nbsp; The Central Board of Direct Taxes mentioned that the search operations were conducted on lsquo;close associatesrsquo;, including ex-personal secretary of lsquo;a prominent personrsquo;, though no names of any firms or persons were mentioned. nbsp; A day after the Telugu Desam Party (TDP) shared details of the Income Tax departmentrsquo;s raid at party chief, N Chandrababu Naidursquo;s former personal secretaryrsquo;s house, claiming no unaccounted cash had been found, the YSRCP has now blamed them for lsquo;underplayingrsquo; the raid. On Sunday, the TDP made public one page of the 'panchnama' (seizure memo) for the I-T department's raid at Naidursquo;s former PS P Srinivas Rao. Pointing to the document, the TDP said that it mentioned that Rs 2,63,000 was found at Srinivasrsquo; residence, and the amount was later returned after showing proof of the source of funds. The YSRCP has now shared the full version of the panchnama or seizure memo, claiming that the TDP was underplaying the I-T raids and distorting the figures to protect Naidu. Though the 13 page panchnama shared by YSRCP has nothing new on Srinivas Rao, it does have the details of the searches at TDP Kadapa District President Srinivasa Reddy. "By releasing just one page of the panchnama, the TDP was pretending as if no other raids happened," a YSRCP source said. The 13 page panchnama shows a list of account books seized from RK Infrastructure company that has ties to the Kadapa TDP president. The controversy began on Friday, when an official statement from the Central Board of Direct Taxes (CBDT) said that searches were carried out by the I-T department in around 40 premises, on February 6, in Andhra Pradesh, Telangana and even Delhi and Pune. According to the statement, unaccounted cash worth Rs 85 lakh and jewellery worth Rs 71 lakh were seized during the searches. Searches were also conducted at three prominent infrastructure companies based in Andhra Pradesh and Telangana, and the statement said that several incriminating evidence was found, suggesting that more than Rs 2,000 crore were siphoned off through bogus transactions. While the CBDT statement mentioned that the search operations were conducted on lsquo;close associatesrsquo;, including ex-personal secretary of lsquo;a prominent personrsquo;, it did not name any firms or persons. The TDP objected to the way in which the statement had been interpreted by the YSRCP, with Sakshi media, owned by Chief Minister Jaganrsquo;s family, linking the Rs 2,000 crore lsquo;scamrsquo; directly to Naidursquo;s former personal secretary. An article in Sakshi also went on to connect the entire contents of the CBDT statement, including the infrastructure companies, to Naidu and other TDP leaders. The TDP has accused the YSRCP of making a false connection between the party leaders and the siphoning of Rs 2,000 crore. Sharing the I-T panchnama on Sunday, TDP leaders further accused YSRCP of falsely implicating P Srinivas. On Monday, YSRCP MLA Gudivada Amarnath told reporters that I-T officials have made it clear in their press statement that a Rs 2,000 crore scandal had taken place. ldquo;It is pathetic to see them accusing the government despite having clear evidencehellip; In the press statement of I-T department, it was clearly mentioned that during the raids on Pendyala Srinivas, the officials have identified that shell companies that belong to the Kilari Rajesh, close associate of Nara Lokesh, along with Prathipathi Sharat, son of former minister Prathipati Pulla Rao and TDP member who runs RK Infra company.rdquo; However, the CBDT statement did not actually mention any names of companies of persons.

#IFTTT #Today Bharat

0 notes

agentaly · 5 years

Video

View this post on Instagram

A post shared by AGENTALY (@agentaly1)

instagram

Urdu کرناٹک میں زرعی اراضی کی خریداری کا حکم اردو Rules to purchase agricultural land Urdu English https://youtu.be/4BRI00tZx6M Kannada https://youtu.be/6UWVNRYNuak Hindi https://youtu.be/j7V2W7Yruas Telugu https://youtu.be/6JhyEB8ItwQ Tamil https://youtu.be/HMk8RU7aREU Urdu https://youtu.be/095hOXaSG8Y Hi Welcome to Agentaly. Today we will be discussing regarding *Purchasing Agricultural land rules in Karnataka* States which have got restriction are *Uttar Pradesh* *Maharashtra* *Rajasthan* *Karnataka* *So lets speak on Karnataka* Land reform act 1961 Recent amended in 2015 Section 79a 79b This two sections kind of restricts which kind of people can purchase agricultural land. a. You must be Agriculturist b. Income must not be more than 2 lakhs Which was later amended in 2015 as 5 lakhs. *Definition of Agriculturist* Family tree of a person must be Agriculturist, (ex father,Grand father, great grandfather then automatically person will be agriculturist), then person must be certified by tahsildar officer and then income tax return can vouch for your lack of income, to purchase land. This is how person becomes Agriculturist. So intention of law was Agriculturist buy more land to cultivate And grow more agriculture. So look for states with no restriction. If anything wrong please let me know. Thanks Agentaly (at Karnataka) https://www.instagram.com/p/B6vw7NnjFbH/?igshid=1nc0ku9ez6e3k

0 notes

bloggermotion-blog · 5 years

Text

ATAL PENSION YOJANA OR APY – PENSION FOR COMMON PEOPLE

The government of India has introduced Atal Pension Yojana or APY for all Indians, basically the poor, underprivileged & unorganized workers. This scheme is to provide secure social security. Anybody can enrol in this scheme with a regular minimum contribution.

Atal Pension Yojana is a pension scheme mainly for the unorganized sector such as maids, daily workers, gardeners, delivery boys, etc. This scheme replaces the previous Swavalamban Yojana.

The goal of the scheme is to ensure that every Indian citizen gets a pension at old age. It is a Social Security Scheme. There is an option to get a fixed pension of Rs 1000, Rs 2000, Rs 3000, Rs 4000, or Rs 5000 on reaching the age of 60.

Highlights of ATAL PENSION YOJANA REVIEW

The pension is calculated on the basis of the individual’s age and the contribution amount. The subscriber spouse can claim the pension upon the contributor’s death. But, upon the death of both the contributor and his/her spouse, the nominee will get the accumulated corpus.

If the contributor dies before the age of 60, the spouse can either exit the scheme and claim the corpus or continue the scheme for the balance period.

The Government also make a co-contribution of 50% of the total contribution or Rs. 1000 per annum whichever is less to all eligible subscribers who had joined between June 2015 and December 2015 for a period of 5 years i.e., for financial years 2015-16 to 2019-20. But, the subscribers should not be part of any other statutory social security schemes like Employee’s provident fund, NPS or should not be paying income taxes, in order to avail Government’s co-contribution.

MUST-READ: WHAT ARE THE BEST MONTHLY PENSION PLANS?

Important Facts to Know about APY

Since you will be making periodic contributions, the amounts will be debited automatically from your account. Only, you make sure that you have sufficient balance in your account.

You can increase your premium at your will. So, visit your bank and talk to your manager and make the necessary changes.

If you default to pay the payment in time, a penalty will be imposed. A penalty of Rs.1 per month is calculated for a contribution of every Rs. 100 or part thereof.

If you default on your payments for 6 months, your account will be frozen and if the default continues for 12 months, the account will be closed and the remaining amount will be paid to the subscriber.

No permission for early withdrawal. But in cases like death or terminal illness premature withdrawal is allowed.

You can close the scheme before the age of 60 for any other reason. But, only your contribution plus interest earned will be returned. You will not get the government’s co-contribution or the interest earned on that amount.

MUST-READ: BEST PERFORMING NPS FUNDS IN INDIA

Eligibility for ATAL PENSION YOJANA or APY.

To get the Atal Pension Yojana benefit from you must fulfil the below requirements:

Must be a citizen of India.

Must be between the age of 18-40

Should make contributions for a minimum of 20 years.

Also, need a bank account linked with your Aadhar

Must have a valid mobile number

Those who are getting benefits of Swavalamban Yojana will be automatically migrated to Atal Pension Yojana.

How to Apply for ATAL PENSION YOJANA or APY?

Follow these steps to avail the benefits of APY

All nationalized banks provide the scheme. You can visit any of these banks to open your APY account.

Atal Pension Yojana forms are available online. You can get it from a bank also. You can download the form from the official website also.

Forms are available in English,Gujarati, Kannada,Hindi, Bangali, Marathi, Odia, Tamil, and Telugu.

Fill the application form correctly and submit it to your

Provide a valid mobile number.

Submit a photocopy of your Aadhaar card.

Get a confirmation message on your mobile.

The focus of ATAL PENSION YOJANA or APY.

The main target for unorganized sector workers. This scheme is to provide a defined contribution amount, a defined period of contribution and a defined amount of Pension.

MUST-READ: TOP 10 PENSION PLANS IN INDIA BEST FOR RETIREMENT LIFE

ATAL PENSION YOJANA Benefits or APY?

A Pension Scheme fully control by Government. Fixed pension guarantee scheme. Also, a fixed pension between Rs. 1,000/- to 5,000/- as per the plan you choose. Further, Central Government of India will co-contribute 50% of the total contribution or Rs.1,000/- per annum for the eligible subscriber for a period of 5 years i.e. from the financial year 2015-16 to the financial year 2019-20.

Regulatory Authority of ATAL PENSION YOJANA or APY?

It is a Government of India Scheme and Pension Fund Regulator and development authority or PFRDA is the regularity authority of APY Scheme.

Eligibility Criteria for ATAL PENSION YOJANA or APY

It is open to all bank account holders.

Age should be between 18 – 40 years.

Not covered with any other social security schemes.

The only Citizen of India can open APY Scheme.

But an Income Taxpayer is not allowed.

MUST-READ: EPF NOMINATION RULES CHECK & UPDATE NOMINEE ONLINE

Amount of Pension in ATAL PENSION YOJANA Amount

The minimum pension is Rs.1,000/-

The maximum pension is Rs.5,000/-

The Contribution Period of ATAL PENSION YOJANA Age Limit or APY.

The minimum age of joining in APY is 18 years and maximum joining age is 40 years. Your age of exit and the start of pension would be 60 years. So, the minimum period of contribution under APY would be 20 years or more.

Hence, the minimum contribution period is 20 years.

If you join at the age of 40, you have to stay invested for the next 20 years till you reach 60 years of age.

FROM WHERE YOU CAN OPEN YOUR APY ACCOUNT?

Any nationalized bank or any public sector bank providing this facility.

All Point of Presence POP.

MUST-READ: PRADHAN MANTRI SHRAM YOGI MAAN DHAN DETAILS

Penalty if you delay the contribution?

You will get a penalty if you delay the contribution.

Rs. 1 penalty per month for the contribution up to Rs 100/- per month.

Rs. 2 penalty per month for contribution between Rs 101/- to 500/- per month.

Rs. 5 penalty per month for contribution between Rs 501/- to 1,000/- per month.

Rs. 10 penalty per month for contribution beyond Rs 1,001/- per month.

Penalty if you miss the contribution?

You will get a penalty if you miss the subscription.

After 06 months account will close.

Also after 12-year account will deactivate.

After 24 months account will close.

Can you exit the Pension before maturity?

The maturity period is 60 years.

Can not exit before 60 years. However, in some exceptional circumstance i.e. death of a beneficiary or discovery of terminal illness premature exit is possible.

MUST-READ: 25 WAYS TO MAKE MONEY ONLINE IN 2019

Taxation on Ayal Pension Yojana

Contributions made by an individual in the Atal Pension Yojana 80C are eligible for the deductions under section 80CCD of the Income Tax Act, 1961.

Maximum deduction allowed under section Atal Pension Yojana 80CCD (1b) of the Income Tax Act, 1961 is 10% of the gross total income subject to a maximum deduction of Rs. 1,50,000 p.a. It is specified under section 80CCE of the Income Tax Act. All comes under section 80C.

An additional contribution of Rs. 50,000 p.a. is eligible for an additional deduction of Rs. 50,000 p.a. above Rs. 1,50,000 under section 80CCD1B of the Income Tax Act, 1961.

These deductions are subject to the fulfilment of the conditions mentioned in the Income Tax Act, 1961. Tax laws are subject to amendments from time to time.

#pension

0 notes

bizlounge-blog1 · 6 years

Text

Top 10 Bollywood Hindi Movies of 2018

In this list of top 10 Bollywood Hindi movies of 2018 sorted by box office, including many popular movies of the year and also highly rated movies. You will enjoy reading the list.

First, let me tell you, I gathered this information from over the internet (sites like IMDb, Wikipedia, Koimoi etc.) so there might be little errors, if you note them then pleases let me know by commenting I will try to fix them.

1. Sanju (2018)

This movie is on the no. 1 in the list of top Bollywood movies of 2018. Sanju is the highest grossing movie of this year. Sanju is a biopic of the controversial life of actor Sanjay Dutt: his film career, jail sentence and personal life.

Budget: 100cr

Box Office: 585cr

Release Date: June 28, 2018

2. Padmaavat (2018)

And on the 2nd this is the movie. This is a novelistic movie and no. 2 in the highest grossing movies list.

Set in medieval Rajasthan, Queen Padmavati is married to a noble king and they live in a prosperous fortress with their subjects until an ambitious Sultan hears of Padmavati’s beauty and forms an obsessive love for the Queen of Mewar.

Budget: 190cr

Box Office: 560.8cr

Release Date: January 25, 2018

Keep reading the list, these are coming very amazing movies in the top 10 list of top Bollywood movies of 2018 sorted by box office and grossing.

3. Race 3 (2018)

Relationships and loyalties of a criminal family planning its next big heist are tested when some shocking revelations strike them.

Budget: 150cr

Box Office: 302cr

Release Date: June 14, 2018

I have gathered this information from the internet, from popular sites like besthdmovies and Google etc. And I hope this information will be useful to you and will be precise.

4. Baaghi 2 (2018)

A battle-hardened army officer squares off against drug lords and Russian henchmen to save his ex-lover’s kidnapped daughter in the underbelly of Goa, India.

Budget: 65cr

Box Office: 251.1cr

Release Date: March 30, 2018

5. Rangasthalam (2018)

This is a Telugu Movie. The fear of his elder brother’s death starts to haunt an innocent, hearing impaired guy after they both join forces to overthrow the unlawful 30-year long regime of their village’s president.

Budget: 50cr

Box Office: 213.6cr

Release Date: March 30, 2018

6. Raazi (2018)

A Kashmiri woman agrees to marry a Pakistani army officer in order to spy on Pakistan during the Indo-Pakistan War of 1971.

Budget: 30cr

Box Office: 193cr

Release Date: May 10, 2018

7. Bharat Ane Nenu (2018)

To make good on a promise he made to his mother, a university graduate returns to India and becomes disillusioned by the government corruption he encounters.

Budget: 70cr

Box Office: 187.5cr

Release Date: April 20, 2018

8. Kaala (2018)

Kaala is about the life of Nellai / Tirunelveli based Tamils who live in large number in Mumbai.

Budget: 135cr

Box Office: 168cr

Release Date: June 7, 2018

9. Gold (2018)

Set in 1948, the historic story of India’s first Olympic medal post their independence.

Budget: 85cr

Box Office: 150cr

Release Date: August 15, 2018

10. Raid (2018)

A fearless income tax officer raids the mansion of the most powerful man in Lucknow after someone mysteriously draws his attention towards the evidence.

Budget: 35cr

Box Office: 149cr

Release Date: March 16, 2018

Information Credits: IMDb, Wikipedia, Google.

#bollywood #movies #hindi movies #entertainment #box office

0 notes

indianmoney-com · 6 years

Link

#home #india #tax #incometax

0 notes

vsplusonline · 5 years

Text

#WomanCrushWednesday! Rashmika Mandanna's quirky-yet-alluring poses are winning the internet | The Times of India

New Post has been published on https://apzweb.com/womancrushwednesday-rashmika-mandannas-quirky-yet-alluring-poses-are-winning-the-internet-the-times-of-india/

#WomanCrushWednesday! Rashmika Mandanna's quirky-yet-alluring poses are winning the internet | The Times of India

ttps://timesofindia.indiatimes.com/”http://www.w3.org/TR/html4/strict.dtd” >

#WomanCrushWednesday! Rashmika Mandanna’s quirky-yet-alluring poses are winning the internet | The Times of India

TIMESOFINDIA.COM | Last updated on – Feb 26, 2020, 06:00 ISTShare fbsharetwsharepinshare

01/6Bubbly beauty Rashmika Mandanna is taking the internet by storm with her eye-popping pictures

With an impeccable success ratio in Telugu cinema, Kannada bombshell Rashmika Mandanna is proving to be the lucky mascot for several star heroes. Though her last outing Dear Comrade failed miserably at the ticket counters, the most happening beauty of South cinema bounced back to form in 2020 with the monstrous success of Sarileru Neekevvaru. While her hilarious antics struck the right chord with the family audience, her arresting dance moves opposite Mahesh Babu in Mind Block has sent the masses into frenzy.

Rashmika’s latest release Bheeshma is also running to packed houses in the Telugu states and the US. Meanwhile, her eye-popping postures from a recent photo-shoot are doing the rounds on social media from the past few days. Draped in a floral gown, the 23-year-old actress managed to strike several quirky poses and within minutes, memes started to emerge on social media comparing their antics to Tamil comedian Vadivelu’s expressions.

02/6Former Model who bagged the Fresh Face of India title in 2012

Hailing from the small town of Virajpet in Karnataka, Rashmika was born into a typical middle-class family and never aspired to become an actress. During her college days, she started to do modelling and subsequently, in 2012, she bagged the Fresh Face of India title and was made the brand ambassador of the cosmetic company which sponsored it. The makers of ‘Kirik Party’ spotted the teenage beauty in magazine photos and approached her to act in the film. She was pursuing her bachelor’s course in journalism, literature and psychology when modelling paved her way to cinema.

03/6Hattrick of successes in Kannada cinema

Rashmika’s maiden film ‘Kirik Party’ released to an overwhelming response from moviegoers and emerged victorious at the box-office. Besides the music and Rakshit Shetty, the splendid performance by the debutante in the short-yet-impactful role of Saanvi Joseph received critical acclaim. She followed it up with a terrific act opposite Puneeth Rajkumar in the action-masala film ‘Anjani Putra’. After featuring in ‘Chamak’ (2017), Rashmika spent an entire year in Tollywood and returned to Sandalwood in 2019 with ‘Yajamana’. The action-drama released to a stupendous response in Karnataka and raked in big moolah. This proved that Mandanna is the golden girl of Kannada cinema!

04/6Consecutive hits in Tollywood with ‘Chalo’, ‘Geetha Govindam’ and ‘Devadas’

After an impressive debut opposite Naga Shaurya in the 2018 romantic-comedy ‘Chalo’, Rashmika became an overnight celebrity in the Telugu states with the massive success of ‘Geetha Govindam’. She portrayed the titular role of Geetha with ease and is natural with her emotions. Along with modern outfits, she looked drop-dead gorgeous in a saree and her crackling chemistry with Vijay Deverakonda is spot on. Both her Telugu releases in 2020 have registered stupendous victories at the box-office.

05/6This is how Rashmika celebrated her Valentine’s Day

During the promotional interviews of Bheeshma, Rashmika Mandanna opened up about how she spent her Valentine’s Day on February 14. Admitting that the day was boring, she said “I visited gym in the morning. But, to my surprise, the workout didn’t go as planned. So, I went home and watched a romantic movie to soak myself in the spirit of Valentine’s Day. But, 20 minutes into the movie, I got so bored that I dozed off. My Valentine’s Day was so boring, and I hope nobody gets such a boring Feb 14th ever.”

06/6IT Raids on Rashmika Mandanna

During the festive season of Pongal, Rashmika Mandanna was amongst the headlines as officials from the Income Tax Department have conducted search-and-seizure operations on her properties located in her hometown Virajpet. On January 16, a team of IT sleuths from Bengaluru not only searched the young actress residence but also other assets, including a community hall owned by the family in Virajpet. Upon orders, Rashmika and her dad Madan Mandanna have appeared at the IT office in Mysuru on Monday (January 22) and furnished all the necessary documents. Addressing the media, Madan said, “The IT officials have sought some documents and we are here to submit them.”

Source link

#photo-shoot #Photos #rakshit shetty #Rashmika Mandanna #sarileru neekevvaru #sexy #Social Media #Vadivelu #valentine’s day #winning the internet #FEATURED

0 notes

todaybharatnews · 5 years

Link

via Today Bharat nbsp; Lokesh claimed that the YSRCP was spreading lies that Rs 2000 crore was found by the IT department at the residence of Naidus former personal secretary residence. nbsp; A press statement from the IT department after its raids across 40 locations across India has sparked a war of words among political rivals the Telugu Desam Party (TDP) and the YSRCP in Andhra Pradesh. The Income Tax (IT) department on Thursday stated that their raids uncovered Rs 2000 crore worth of unaccounted income in Telangana and Andhra Pradesh alone. Taking to Twitter on Friday Nara Lokesh, the TDP general secretary and son of the former Chief Minister and TDP chief N Chandrababu Naidu claimed that the YSRCP leaders were spreading false information about the IT raids. Lokesh claimed that the YSRCP was spreading lies that Rs 2000 crore was found by the IT department at the residence of Naidu's former personal secretary's residence. Lokesh, a former minister, stated that if infrastructure companies were found to have taken part in illegal activities then an investigation will be done and action will be taken against those found guilty. He, however, stated that 'false information is being spread by linking those companies to TDP. It's normal for someone who spent 16 months in jail to wish for everyone else to do so but we don't wish to do any such thing'. Lokesh was referring to Andhra Pradesh Chief Minister YS Jagan Mohan Reddy who stands accused in a disproportionate assets case and had to spend 16 months at Chanchalguda Jail in Hyderabad, Telangana. ldquo;It's not surprising that Jagan sees corruption everywhere as he himself is corrupt. Their news report shows that the IT raids were like digging up a mountain only to find a rat.rdquo; tweeted the leader who went on to tweet that, ldquo;Jagan is afraid of being sent to jail. This is why he is eager to link the IT raids held at infra companies to TDPrdquo; nbsp; పచ్చ కామెర్ల వాడికి లోకమంతా పచ్చగా కనిపించినట్లు @ysjagan గారికి లోకమంతా అవినీతి కనపడటంలో పెద్దగా ఆశ్చర్యం ఏమి లేదు. ఐటీ రైడ్స్ లో కొండను తవ్వి ఎలుకను పట్టినట్టు వారు ఇచ్చిన పత్రికా ప్రకటన ద్వారానే అర్ధమైంది. (1/4) pic.twitter.com/FsaWqmsI3m mdash; Lokesh Nara (@naralokesh) February 14, 2020 The IT raids were conducted on February 6 across 40 premises in places such as Hyderabad, Vijayawada. Kadapa and Vishakapatnam, Delhi and Pune. The search action included three prominent infrastructure groups based in Andhra Pradesh and Telangana. One of the firms raided by the IT department reportedly belongs to a TDP leader. The three infra firms were found to have carried out multiple transactions by subcontracting works to shell companies. The transactions were carried out through a chain of companies with many firms showing a turn over of less than Rs 2 crore, to avoid tax audits of their account books, said IT department spokesperson to Deccan Chronicle. Several such sub-contractors that turned out to shell companies were controlled by the principal contractors with all their Income Tax Returns (ITR) filings and other compliance being done from the IP addresses of the main corporate office. The IT department stated that Foreign Direct Investment (FDI) receipts were also found in tune of several crores in the group companies of one of the infrastructure companies. The infrastructure company is suspected to have been round-tripping of its unaccounted funds through foreign countries. IT department seized unexplained cash of Rs 85 lakh and jewellery worth Rs 71 lakh through the raids. More than 25 bank lockers have been restrained as part of the raid. Senior TDP leader and former minister Ynamala Ramakirhnudu warned legal action against YSRCP leaders for spreading false news on the TDP and Chandrababu over the IT raids. The leader said the in the past 26 such inquiries have been filed against the TDP chief in the past and that not even a single allegation has been proven. Meanwhile, YSRCP ministers released multiple statements against TDP. While Agriculture Minister Kurasala Kannababu said the IT raids have clearly proved how corrupt Naidu was, minister Avanti Srinivas said corruption had reached its zenith in the execution of Polavaram and Pattiseema projects during Naidu's regime.

#IFTTT #Today Bharat

0 notes

todaybharatnews · 5 years

Link

via Today Bharat nbsp; nbsp; Unaccounted income of more than Rs 2,000 crore was detected in Telangana and Andhra Pradesh during the searches conducted by the Income Tax Department last week, officials said on Thursday. The raids were carried out on February 6 at firms owned by the Telugu Desam Party (TDP) leaders and former Andhra Pradesh Chief Minister Chandrababu Naidu's former Personal Secretary Srinivas Rao. Officials in a statement on Thursday said that they have unearthed a major cash generation racket through bogus sub-contractors, over-invoicing and bogus billing. Several incriminating documents and loose papers were found and seized during the search, apart from emails, WhatsApp messages and unexplained foreign transactions were also unearthed during the search, said an official release. On February 6, I-T sleuths carried out simultaneous raids in 40 premises across the country, including places such as Hyderabad, Vijayawada. Kadapa and Vishakapatnam, Delhi and Pune. The search action included three prominent infrastructure groups based in Andhra Pradesh and Telangana, said Surabhi Ahluwalia, the official spokesperson of the Central Board of Direct Taxes (CBDT). Kadapa district TDP president Srinivasa Reddyrsquo;s residence and offices of infrastructure firms with links to the party at different locations and Naidursquo;s former personal secretary Srinivas Rao' residence were also raided. According to I-T officials, the infrastructure companies had allegedly subcontracted work to several non-existent/bogus entities. The press release stated, "Preliminary estimates suggest siphoning of more than Rs 2000 crore through transactions that were layered through multiple entities with the last in the chain being small entities with turnover less than Rs 2 crore to avoid maintenance of books of accounts and tax audits." The I-T department found that such entities were either not found at their registered address or were found to be shell entities. Several such sub-contractors were controlled by the principal contractors with all their Income Tax Returns (ITR) filings and other compliances being done from the IP addresses of the main corporate office. Foreign Direct Investment (FDI) receipts have been found of several crores in the group companies of one of the infrastructure companies suspected to have been round-tripping of its unaccounted funds through foreign countries. Unexplained cash of Rs 85 lakh and jewellery worth Rs 71 lakh was also seized. More than 25 bank lockers have been restrained as part of the raid, the official added.

#IFTTT #Today Bharat

0 notes