SCHOLARS CLUB

On Wednesday, the Supreme Court passed a judgment regarding the Delink Aadhaar, that linking Aadhar with your bank account or SIM card is no longer mandatory and forcing anyone to do so shall be treated as unconstitutional. For those who have already linked their 12-digit identity number issued by UIDAI, could expect the bankers and telecom service providers to issue a streamlined process to unlink Aadhaar. Unless you are receiving any direct benefit transfers (DBT) or subsidies in your bank account, you have every right to not share your Aadhaar details with the bank or your mobile service provider. In the case of DBT, the Aadhaar needs to remain linked. Also, note that PAN has to be linked to Aadhaar for income tax purposes.

Five benefits of Income Tax Return Here are the five unique benefits of filling Income Tax Return. It is necessary to file ITR if your salary is above 2.5 lakhs, a nd it is very much beneficial to file ITR even your salary is less than 2.5 lakh a year,  1. With the help of ITR you can easily get loan and credit cards easily from banks. Income Tax return is a yearly process to submit the statement of your income and expenditure towards saving.

Tax Rules changed  -  Now its easy to have Home With the effect of the financial year 2019-20, Its now quite easy for the Public of India. Rebate has been provided in the year Income Tax Slab. National Pension scheme (NPS) is now more Interesting. Here we have extracted top ten points for all of you to know in the upcoming financial year. No Tax up to Rs. 5 lakh - In the new financial year 2019-20, You have your income in the range within 5 lakh then you are exempted to give tax. No Tax on Second House - If you have two houses and second one is vacant then it will be considered as occupied by you, and no liable to pay any tax. Rs. 50,000/- is the New Tax Deduction Limit - Earlier it was Rs. 40,000/-. TDS range has been extended from 10,000 to 40,000. It means that you are free to earn interest from Bank, Post office. GST has been lowered down so, now its easy to buy Home as 5% tax will be imposed on the under construction houses inspite of 12%. If you have Phys...