SCHOLARS CLUB

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...

SBI NEW RULES FROM 1st APRIL'17 1. Minimum 3 times deposit free in your account, After more then 3 times deposit you will pay 50/- per deposit. 2. Minimum 5000/- balance maintain in metro city branch account holder. 3. Minimum 3000/- balance maintain in city/town branch account holder 4. Minimum 2000/- balance maintain in semi urban area branch account holder. 5. Minimum 1000/- balance maintain in villages branch account holder. 6. If you not maintain minimum amount in your account you will pay up to 200/- + extra surcharge.(depending on how many days).

DO DIGITAL PAYMENT AND  BECOME CROREPATI If you have not start using digital payment yet then start now. Our government is going to start a new scheme on the eve of new year.Under this scheme,a lucky winner can get a prize money of rupees one crore.NPCIL is directed to start this scheme by NITI AAYOG.

Surgical Strike on Indian Rupee - What to do now with old Notes of 500 and 1000 Notes ? अब क्या होगा  मेरे ५०० और १००० के नोट्स का  1. All the notes of 500 and 1000 will be officially illegical from midnight of 8th November 2016. 2. You have to show Identity in Banks to exchange all the notes, so you will in great trouble if you have. 3. Important government offices,Bus stop, Railway counters, Petrol Pumps will accept the notes. 4. You will be given 50 Days grace time to change your notes. 5. Government has taken this step to have control over illegical Black money. राष्ट्र के नाम अपने संबोधन में प्रधानमंत्री नरेंद्र मोदी ने बड़ा ऐलान किया है। उन्होंने कहा है कि 8 नवंबर-9 नवंबर की मध्यरात्रि से 500 और 1000 के नोट बंद हो जाएंगे। पीएम ने कहा, '500 और 1000 रुपये के पुराने नोट 10 नवंबर से 30 दिसंबर 2016 तक आप अपने बैंक या डाकघर के खाते में जमा करवा सकते हैं।'  जनता को संबोधित करते हुए उन्होंने कहा कि आपकी धनराशि आपकी ही रहेगी, आपको कोई चिंता ...

The Indian government is digging for treasure after a civic-minded Hindu village sage proved that 1,000 tonnes of gold was buried under a ruined palace, and wrote to tell the central bank about it with all the proof of maps and convincing Documents. The state Archaeological Survey of India has sent a team of archaeologists to the village of Daundia Khera in the northern state of Uttar Pradesh . They are due to start digging on Friday. Yogi Swami Shobhan Sarkar says the gold he dreamed of belonged to a nineteenth-century ruler, Rao Ram Bux Singh. He says he wants it in government hands to help India recover from an economic crisis. “I cried the day I realised that India is going to collapse economically,” the seer told . The dead ruler’s spirit has been roaming the palace and asking for the gold to be dug up, he added. The Archaeological Survey of India (ASI) has begun clearing the points marked for excavation around the fort of King Ram Bux Singh, a martyr of the muti...

Must read If you use Debit, Credit Card or  Internet Banking The grievance cell of the bank should be made known to every card holder so that he/she can approach the designated officer and ensure that genuine grievances are redressed promptly. Banks have been asked to formulate a system to prevent fraud. In case of disputed transactions, the bank is liable to provide the consumer with all the necessary documentations (like the ATM pin used, the additional security authentication used and the time and place of transactions), within a maximum period of 60 days. In all disputed cases, banks have to maintain a transparent procedure with the card holder pertaining to call center competence and mechanism to escalate the matter to a higher authority. Banks have been advised to be careful before reporting the consumer in the defaulter's list of CIBIL in case of unresolved disputes. If a person is unsatisfied with the bank's response over credit card or other bankin...

India's economy grew at an annual rate of 8.6% in the three months to March, largely thanks to growth in manufacturing, official data has shown.  That marked an increase on the 6.5% growth seen in the previous quarter.  Analysts say the figures from the Central Statistical Organisation are likely to keep the central bank on its path of gradual rate increases.  The Reserve Bank of India (RBI) raised interest rates in April and March as it battles high levels of inflation. The economy for the year ending March 2010 grew by 7.4%, ahead of the RBI's January forecast of 7.2%.  "I expect the current economic momentum to remain," Indian Finance Minister Pranab Mukherjee said after the figures were released. He added that he expected the economy to grow by 8.5% in the financial year to March 2011.