#Aadhaar Bill

[soulpaybanking]

How to Grow Your Kirana Store’s Earnings Today?

In today’s rapidly evolving retail landscape, Kirana stores are presented with exciting opportunities to enhance their earnings and customer reach. Leveraging innovative solutions like AEPS cash withdrawal, Bharat Bill Payment Service, and online DTH recharge can transform your Kirana store into a one-stop shop for a diverse range of services. In this blog, we’ll explore these key features and guide you on how to grow your Kirana store’s earnings today!

#aeps cash withdrawal #what is aeps cash withdrawal #aadhaar enabled payment system #Bharat bill payment service for retailers #online DTH recharge #Retailer Mobile recharge portal #domestic money transfer in India

[spicemoneyofficial]

The Aadhaar Enabled Payment System (AEPS) is a form of payment system based on the Unique Identification Number (UID) that enables Aadhaar cardholders to conduct financial transactions using Aadhaar-based authentication.

#Bharat Bill Payment System #Aadhaar Enabled Payment System

[digitonms]

𝔻𝕚𝕘𝕚𝕥𝕆ℕ 𝑴𝒖𝒍𝒕𝒊 𝑺𝒆𝒓𝒗𝒊𝒄𝒆𝒔 welcomes you. It is a Common Service Center (CSC). We offers Bank Accounts Opening, Money Transfer, Cash Withdrawal, Cash Deposit, Micro ATM, Aadhaar ATM (AEPS), Taxation (ITR, TDS, GST etc.), Loan (Two Wheeler, Four Wheeler, Gold etc.) All Insurances [General (Two Wheeler, Private Car, Commercial Car, Bus, Truck), Life, Health, Miscellaneous etc.], MV Tax Payment, Transport (Vahan) Department Services, Driving Licence, Voter ID Card, Pan Card (New/Correction), Ayushman Card, Indian Passport Registration, Aadhaar Demographic Update, EPF Withdrawal/Settlement/Transfer/Claims, NPS (National Pension System) Registration, Electricity Bill Payment, Flight Booking, Railway Ticket Booking, Bus Booking, Landline Bill, Postpaid Mobile Bill, FASTag Recharge, DTH Recharge, Prepaid Mobile Recharge, PVC cards, Scan, Print, Xerox, Lamination, Passport Size Photo, Internet, Online Works etc.

CONTACT:

DIGITON Multi Services

Sila, Silabori Road, PO/PS Changsari,

Inside Brahmaputra Industrial Park,

Guwahati, 781101, Kamrup, Assam.

0361-2911329

[email protected]

Location:

DIGITON Multi Services

https://maps.app.goo.gl/UhgamMiuaci19gAcA

#digiton #digitonms #digitonmultiservices #guwahati #assam #northeast #india #digital #csc #online #services #technology #books & libraries

[information2-legal]

What is Data Protection Act in India?

Introduction

Data Protection Act in India is a law that provides for the protection of personal data. It was first introduced in 2007, and it has been revised multiple times since then. In this article, we will discuss what the proposed Data Protection Act in India includes and how it compares with GDPR.

Data Protection Act in India

The Data Protection Act, 2018 is the primary legislation governing data protection in India. It sets out the principles that organizations should follow to ensure that their personal information is handled with care and security.

The bill was passed by Parliament on March 27, 2018 and came into force on April 1, 2018.[1] It replaced the previous Personal Data Protection Bill, 2012 which had been in effect since July 1, 2012.[2] This second draft was made public by Home Minister Rajnath Singh after intense lobbying by civil society groups who felt it did not go far enough in protecting people's privacy rights.[3][4][5][6]

First Point of Focus is the Personal Data

Data protection act in India

A. What is personal data?

Data is any information that can be used to identify or contact an individual, such as name, address and email id. Personal information includes names, addresses and contact details of individuals; biometric data such as fingerprints and iris scans; financial information (such as credit card numbers); health records; genetic characteristics/proteins in blood samples etc., etc., which can be used for identification purposes by an individual or group of individuals. Sensitive personal data are those which relate to racial or ethnic origin, political opinions or religious beliefs of an individual; criminal history including mental illness or disability; sexual orientation/identity (e.g., gay/lesbian).

The second point of focus is the ‘Personal Information’

The second point of focus is the ‘Personal Information’. This means any information that specifically identifies an individual, such as his/her name, date of birth and address. It also includes anything else which can be used to identify an individual (e.g., fingerprints or facial features).

The term ‘sensitive personal data’ has been defined in Section 2(1)(b) as follows:

"Sensitive personal data" means any information relating to an identified or identifiable natural person who can be directly or indirectly traced back to him/her by means of such information."

The third point of focus is on the “Sensitive Personal Data”

The third point of focus is on the “Sensitive Personal Data”. This is information about race, religion, caste, tribe, ethnic origin or political opinions. It also includes philosophical beliefs and union membership.

In India there are two types of sensitive personal data - namely genetic data (including DNA), biometric information such as fingerprints or iris scans etc., national identification numbers issued by a central authority such as Aadhaar card issued under Section 7(1) of Aadhaar Act 2016 which has been put in place by Government through its Rule making power under Article 239B(1) in order to establish an identity management system across various government departments and agencies including UIDAI (Unique Identification Authority of India). Therefore every authority must ensure that they comply with this law while collecting any kind of sensitive personal information from individuals who are involved in the process

The fourth point of focus is on the “Proprietary Data”

The fourth point of focus is on the “Proprietary Data”. This refers to any data that is not publicly available, but which can be used by an individual or organization.

Proprietary data may be personally identifiable information (e.g., name and address), financial information (e.g., credit card number), business process details (e.g., sales data), customer lists or similar types of information that can only be accessed by one party at a time for specific purposes such as marketing campaigns or product development etc

How does the proposed Data Protection Act in India compare with GDPR?

The proposed Data Protection Act in India is similar to GDPR in that it has a broad definition of personal data and sets out a number of principles for protecting the same. However, there are some key differences between these two pieces of legislation:

The proposed Data Protection Act excludes “sensitive data” from its scope (which would include ethnic origin and religious belief). While this may seem like an advantageous feature at first glance, it could actually prove problematic if you need access to sensitive information about your clients or employees. For example, if someone were being treated for cancer and needed their diagnosis recorded on their file as part of their treatment plan—and that information was deemed too important not just for them but also anyone who might come across it later on—your organization would likely be required by law to keep such details private so only those involved with treating them could access them safely.

Information about data protection in India provides some details about its GDPR elements.

Data Protection Act in India

The Information Technology (IT) Act, 2000 defines the term ‘personal information’ as follows:

any information that can be used to identify a person, and which is recorded in any form or medium; or

any information which relates to an individual and is specified by law to be required to be maintained by an agency or body.

Conclusion

It is recommended that you must keep the data protection in mind while using the various internet resources. You need to be careful about what you are sharing on the internet, especially with public social media websites like facebook, twitter and instagram etc . The proposed Data Protection Act should provide a more secure ecosystem for users to use these services without fear of being affected by hackers or criminals.

#data protection #data processing #what is gdpr

[arena-nikita]

Will ICICI Offer You the Best Interest Rates for Your Home Loan?

In the exciting yet daunting journey of buying a home, securing the right home loan is crucial. ICICI Bank, a leading financial institution in India, offers a variety of home loan options. But is it the absolute best choice for you? Let's delve into ICICI home loan interest rates, charges, and required documents to help you make an informed decision.

ICICI Home Loan Interest Rates: Competitive, But Not Guaranteed

ICICI Bank advertises attractive home loan interest rates, sometimes starting as low as 8.75% (as of April 2024). However, it's important to remember that the actual interest rate you qualify for will depend on various factors like your credit score, loan amount, employment history, and chosen loan scheme.

Here's a word of caution: Don't solely focus on the headline rate. Explore other lenders and compare their rates alongside ICICI's. You might be surprised to find a more competitive offer elsewhere.

ICICI Home Loan Charges: Understanding the Costs Beyond Interest

While the interest rate determines your monthly payments, ICICI home loan charges add to the overall cost of the loan. Here's a breakdown of some key charges to consider:

Processing Fee: A one-time fee levied by ICICI Bank to cover administrative costs associated with processing your loan application.

Documentation Fee: A charge for document verification and legal work.

Valuation Fee: The cost of property valuation by a bank-approved valuer.

Prepayment Penalty: A fee applicable if you pay off a portion or all of your loan before the end of the term (not applicable for all loan schemes).

ICICI Home Loan Documents: Be Prepared for a Smooth Application

Applying for an ICICI home loan requires submitting a comprehensive set of documents. Gathering them beforehand streamlines the process. Here are some essential documents you'll likely need:

Identity Proof: Aadhaar Card, PAN Card, Passport, etc.

Address Proof: Utility bills, rental agreement, etc.

Income Proof: Salary slips, bank statements, income tax returns (for salaried individuals) or business registration documents and financial statements (for self-employed individuals).

Property Documents: Sale agreement, approved building plans, occupancy certificate, etc.

The Takeaway: Research and Compare

While ICICI Bank offers a variety of home loan options with competitive interest rates, it's not a one-size-fits-all solution. Before finalizing ICICI, consider these key takeaways:

Compare Interest Rates: Don't settle for the first offer. Research and compare rates from other lenders to find the most competitive deal.

Factor in Charges: Understand all associated ICICI home loan charges to get a clear picture of the total loan cost.

Gather Required Documents: Prepare the necessary documents beforehand to ensure a smooth application process.

By considering these aspects, you can make an informed decision. Remember, the best home loan is the one that aligns with your financial situation and offers the most favorable combination of interest rates, charges, and terms. So, explore your options, compare ICICI Bank with other lenders, and choose the path that leads you comfortably to your dream home.

[globecapital]

How To Open a Free Demat Account

In India, equity investing has gained popularity as a means for novice investors to outpace other investment options in terms of returns and gradually increase their wealth. The Indian Securities and Exchange Board, which oversees the securities industry in the country, has worked extremely hard over the years to convert the physical investment process to a digital one. These days, buying and selling shares on a laptop or mobile device only requires a few clicks. But because they are unfamiliar with the process, novice investors have trouble getting to the point of investing. Not understanding how to Open a Free Demat Account is one of the most frequent problems.

Demat accounts are necessary for investing in equities shares, and they are a widely used term in the trading and investment community. The old fixed deposit has given way to new options like stocks and shares, which has resulted in a sharp shift in Indians' saving habits and a rise in the number of Demat accounts. In addition, opening a Demat account has grown in popularity recently. 10.7 million Demat accounts were opened by 2021 alone, demonstrating the unprecedented popularity of these accounts. Given that investing requires a Demat account, it's critical to understand how to establish one online. Everything you need to know about Demat accounts and how to get one will be covered in this post.

What are Demat accounts, and how do they work?

In the past, securities were transferred using physical certificates in India to facilitate trade. However, the introduction of Demat accounts by the Securities and Exchange Board of India (SEBI) in 1996 transformed investing by turning it into a digital process. A Demat account was among the most significant elements that SEBI implemented. "Demat" stands for dematerialization, which is the act of converting tangible securities into digital form. So, instead of having to deal with the inconveniences of handling physical assets, a trader may keep, transfer, and transact securities using a Demat account. As a consequence, holding securities and placing trades through trading is now significantly faster, safer, and more effective.

The process of dematerializing shares involves the usage of demat accounts. Its main purpose is to invest in electronic shares and securities, which are easier to access through a Demat account. With these accounts, account holders will have more accessibility since share certificates will be converted from physical to electronic format. 

Essential Documents Required for Opening a Demat Account with Globe Capital

A novice investor may find the many stages involved in reaching this stage of investing intimidating. The most important thing to do is learn how to open a free Demat account. Nevertheless, there are some necessary papers that must be presented and submitted in order to start a Demat account. Opening a Demat account with Globe Capital is simple and just needs the investor to provide the following necessary documents:

Identification documents containing a photo, such as your driver's licence, voter ID card, PAN card, Aadhaar card, etc.

Present proof of where you live, such as signed leases, driver's licences, passports, landline and power bills, maintenance invoices for your flat (if relevant), copies of your insurance, gas bills, etc. 

Your evidence of a bank account will be provided by your bank's passbook or account statement, which should not be older than three months.

Your evidence of a bank account will be provided by your bank's passbook or account statement, which should not be older than three months.

You may quickly create a Demat account with Globe Capital once you have gathered all the necessary paperwork. An essential component of the procedures for opening an online Demat account are these papers. Before visiting Globe Capital's website or downloading the Globe Capital Markets app to create the Demat account, it is preferable to have scanned copies of all the documentation. 

Moreover, before uploading the necessary papers to the Demat account, make sure that the text and images inside them are viewable for how to open a free Demat account.

Conclusion

In order to invest in the stock market and outperform other investment options, mastering the process of opening an online Demat account is crucial. Using the Globe Capital Demat account software to open a Demat account is a simple and straightforward process. You too may easily register a Demat account at Globe Capital by keeping in mind the details and the set of variables listed above.

#globe_capital #finance_services #Open a Free Demat Account

[omegasoftwaresmumbai]

🚀 Ready to take your business to the next level? Omega Software has your back! 💡 Unlock the power of our cutting-edge B2B solutions: ✅ DMT (Domestic Money Transfer) ✅ AEPS (Aadhaar Enabled Payment System) ✅ BBPS (Bharat Bill Payment System) ✅ Multi Recharge ✅ Payment Gateway ✅ Payout 💰 Streamline your operations, increase efficiency, and boost profits with our top-notch services. 🔗 Connect with us today and witness the transformative impact Omega Software can have on your business success. Let's elevate your brand together! https://www.omega-sys.com/

#custom software development #finance #fintech #payment #software #Instagram

[ikshvakusingh]

Applying for an Education Loan: Step-by-Step Guide with the Best Banks

When it comes to pursuing higher education, an education loan can be a crucial financial tool that helps bridge the gap between aspirations and affordability. If you're considering applying for an education loan, you're on the right path towards realizing your academic dreams. In this comprehensive guide, we'll walk you through the process of applying for an education loan and introduce you to some of the best banks that offer these loans.

Step 1: Research and Choose the Right Bank

Start by researching the best banks that offer education loans. Look for institutions with a solid track record, favorable interest rates, flexible repayment terms, and excellent customer service. A few well-regarded banks that offer education loans include State Bank of India (SBI), HDFC Bank, ICICI Bank, and Axis Bank. These banks are known for their competitive loan offerings and efficient application processes.

Step 2: Determine Loan Eligibility

Before applying for an education loan, make sure you meet the bank's eligibility criteria. This often includes factors such as your academic qualifications, the course you're applying for, the institution's reputation, and your co-borrower's financial stability. Some banks may also consider your academic performance and the future earning potential of your chosen field of study.

Step 3: Choose the Right Loan Scheme

Different banks offer various education loan schemes to cater to different needs. Some schemes might offer lower interest rates for specific courses or institutions. Compare the loan schemes offered by different banks to choose the one that best aligns with your financial situation and academic goals.

Step 4: Gather Required Documents

Preparing the necessary documents is a critical step in the application process. Commonly required documents include:

Admission letter from the educational institution.

Proof of identity (passport, Aadhaar card, etc.).

Proof of residence (utility bills, rental agreement, etc.).

Academic records (marksheets, certificates, etc.).

Income proof of the co-borrower (salary slips, income tax returns, etc.).

Collateral documents (if applicable).

Step 5: Estimate Loan Amount

Calculate the total cost of your education, including tuition fees, accommodation, travel expenses, and other related costs. Once you have an accurate estimate, apply for an education loan that covers your entire cost of education or a significant portion of it. Keep in mind that different banks have varying limits on the loan amount they offer.

Step 6: Complete the Application Form

Visit the bank's official website and locate the education loan application form. Fill out the form accurately and thoroughly, providing all necessary details. Be sure to include accurate information about your course, institution, and co-borrower's financial details.

Step 7: Collateral Assessment (If Applicable)

In some cases, banks may require collateral or a co-borrower with a strong credit history. The collateral can be property, fixed deposits, or other assets. The bank will assess the value of the collateral to determine the loan amount they can offer.

Step 8: Loan Sanction and Disbursement

After submitting your application, the bank will review your documents, assess your eligibility, and evaluate the course and institution you've chosen. Once your application is approved, the bank will send you an offer letter outlining the terms and conditions of the loan. After you accept the offer, the loan amount will be disbursed directly to the educational institution or to your account, depending on the bank's policies.

Step 9: Repayment Plan

Understand the repayment terms, including the interest rate, repayment tenure, and the grace period (if any) after completing your education. Different banks offer different repayment options, so choose the one that aligns with your future financial prospects.

Conclusion

Applying for an education loan can be a smooth process if you follow these steps diligently. Researching the best banks that offer education loans, understanding their eligibility criteria, gathering the required documents, and estimating the loan amount are all crucial aspects of the application process. By taking these steps and selecting the right bank, you can pave the way for a successful education journey without undue financial stress.

[ikshvakudiary]

Applying for an Education Loan: Step-by-Step Guide with the Best Banks

When it comes to pursuing higher education, an education loan can be a crucial financial tool that helps bridge the gap between aspirations and affordability. If you're considering applying for an education loan, you're on the right path towards realizing your academic dreams. In this comprehensive guide, we'll walk you through the process of applying for an education loan and introduce you to some of the best banks that offer these loans.

Step 1: Research and Choose the Right Bank

Start by researching the best banks that offer education loans. Look for institutions with a solid track record, favorable interest rates, flexible repayment terms, and excellent customer service. A few well-regarded banks that offer education loans include State Bank of India (SBI), HDFC Bank, ICICI Bank, and Axis Bank. These banks are known for their competitive loan offerings and efficient application processes.

Step 2: Determine Loan Eligibility

Before applying for an education loan, make sure you meet the bank's eligibility criteria. This often includes factors such as your academic qualifications, the course you're applying for, the institution's reputation, and your co-borrower's financial stability. Some banks may also consider your academic performance and the future earning potential of your chosen field of study.

Step 3: Choose the Right Loan Scheme

Different banks offer various education loan schemes to cater to different needs. Some schemes might offer lower interest rates for specific courses or institutions. Compare the loan schemes offered by different banks to choose the one that best aligns with your financial situation and academic goals.

Step 4: Gather Required Documents

Preparing the necessary documents is a critical step in the application process. Commonly required documents include:

Admission letter from the educational institution.

Proof of identity (passport, Aadhaar card, etc.).

Proof of residence (utility bills, rental agreement, etc.).

Academic records (marksheets, certificates, etc.).

Income proof of the co-borrower (salary slips, income tax returns, etc.).

Collateral documents (if applicable).

Step 5: Estimate Loan Amount

Calculate the total cost of your education, including tuition fees, accommodation, travel expenses, and other related costs. Once you have an accurate estimate, apply for an education loan that covers your entire cost of education or a significant portion of it. Keep in mind that different banks have varying limits on the loan amount they offer.

Step 6: Complete the Application Form

Visit the bank's official website and locate the education loan application form. Fill out the form accurately and thoroughly, providing all necessary details. Be sure to include accurate information about your course, institution, and co-borrower's financial details.

Step 7: Collateral Assessment (If Applicable)

In some cases, banks may require collateral or a co-borrower with a strong credit history. The collateral can be property, fixed deposits, or other assets. The bank will assess the value of the collateral to determine the loan amount they can offer.

Step 8: Loan Sanction and Disbursement

After submitting your application, the bank will review your documents, assess your eligibility, and evaluate the course and institution you've chosen. Once your application is approved, the bank will send you an offer letter outlining the terms and conditions of the loan. After you accept the offer, the loan amount will be disbursed directly to the educational institution or to your account, depending on the bank's policies.

Step 9: Repayment Plan

Understand the repayment terms, including the interest rate, repayment tenure, and the grace period (if any) after completing your education. Different banks offer different repayment options, so choose the one that aligns with your future financial prospects.

Conclusion

Applying for an education loan can be a smooth process if you follow these steps diligently. Researching the best banks that offer education loans, understanding their eligibility criteria, gathering the required documents, and estimating the loan amount are all crucial aspects of the application process. By taking these steps and selecting the right bank, you can pave the way for a successful education journey without undue financial stress.

[indian-pan-card-canada]

Online application for new Pan Card Canada

To apply for a new PAN (Permanent Account Number) card in Canada, individuals typically need to follow a process set forth by the Indian government’s Income Tax Department. Here’s a general guide on Online application for a new PAN card in Canada:

Eligibility: Ensure you meet the eligibility criteria set by the Indian government. PAN cards are typically required for Indian citizens, as well as foreign nationals who conduct business in India, among others.

Online Application: Visit the official website of the Indian Income Tax Department that facilitates PAN card applications. As of my last update, this portal is known as NSDL (National Securities Depository Limited) or UTITSL (UTI Infrastructure Technology and Services Limited). These portals offer online application forms specifically designed for individuals residing outside India.

Form Filling: Fill out the online application for new pan card in canada form with accurate details. This includes personal information such as name, date of birth, address, contact details, and other required particulars. Make sure all the information provided is correct and matches the supporting documents.

Supporting Documents: Gather the necessary supporting documents as specified by the application form. These typically include proof of identity (passport, Aadhaar card, etc.), proof of address (utility bills, bank statements, etc.), and photographs as per the specifications mentioned.

Payment of Fees: Pay the requisite fees for processing your PAN card application. The payment can usually be made online through various methods such as credit/debit cards, net banking, or other electronic payment modes accepted by the portal.

Submission and Verification: After completing the online form and payment, submit the application. Upon submission, you will receive an acknowledgment containing a unique acknowledgment number. Print this acknowledgment and attach it with the supporting documents.

Dispatch and Delivery: Once the application is processed and approved, the PAN card will be dispatched to the address provided in the application form. It usually takes a few weeks for the PAN card to be delivered to the specified address in Canada.

Follow-up and Tracking: Keep track of your application status through the acknowledgment number provided. Most portals offer online tracking facilities where you can check the status of your PAN card application using the acknowledgment number.

Receipt and Safekeeping: Upon receiving the PAN card, verify all the details printed on it. It’s crucial to keep the PAN card in a safe place, as it is an essential document for various financial transactions, tax filings, and identity verification purposes.

Conclusion:

It’s essential to note that the process and requirements may vary slightly based on the current guidelines and regulations of the Indian Income Tax Department. Therefore, it’s advisable to refer to the official website and guidelines provided by NSDL or UTITSL for the most accurate and up-to-date information regarding the application process for Online application for new PAN card in Canada.

[indian-pan-card-usa]

How to apply pan card online in chicago

In the digital age, geographical boundaries are becoming increasingly irrelevant, especially concerning financial matters. For Indian expatriates residing in Chicago, maintaining ties with their homeland often involves managing essential documents like the PAN (Permanent Account Number) card. This article delves into the process of apply PAN card online in Chicago while residing in Chicago, elucidating its significance for expatriates and the streamlined procedures involved.

Understanding the PAN Card: The PAN card, issued by the Indian Income Tax Department, is a unique identification number that is essential for various financial transactions and tax-related activities. It serves as a crucial document for opening bank accounts, investing in securities, filing income tax returns, and other monetary operations. Even for Indian citizens living abroad, having a PAN card is vital for ensuring compliance with Indian tax laws and facilitating financial engagements in India. Applying for PAN Card Online from Chicago: The process of applying for a PAN card online in Chicago is designed to be straightforward and convenient. Here's a step-by-step guide:

Accessing the Official Portal: Indian expatriates can apply for a PAN card through the official websites managed by NSDL (National Securities Depository Limited) or UTIITSL (UTI Infrastructure Technology and Services Limited). These portals are user-friendly and provide comprehensive guidance throughout the application process.

Filling the Online Application Form: Start by filling out the PAN card application form available on the chosen portal. Provide accurate personal details, including name, date of birth, address in Chicago, and contact information. It's essential to ensure that the information matches the supporting documents to avoid discrepancies.

Uploading Required Documents: Scan and upload the necessary documents to verify your identity and address. Typically, documents such as passport, Aadhaar card, or driver's license can serve as proof of identity, while utility bills, rental agreements, or bank statements can establish your address.

Payment of Application Fee: Process the payment for the PAN card application fee using the secure online payment gateway integrated into the portal. The fee amount varies depending on factors such as delivery location (domestic or international) and processing options selected.

Submission and Acknowledgment: Review the completed application form and uploaded documents for accuracy before submitting them online. Upon successful submission, you'll receive an acknowledgment containing a unique 15-digit acknowledgment number. This number serves as a reference for tracking the status of your application. Processing and Delivery: After submitting the PAN card application online, the authorities verify the provided information and authenticate the uploaded documents. The processing time may vary, but applicants can monitor the status of their application using the acknowledgment number provided. Once the application is processed successfully, the PAN card is dispatched to the address mentioned in the application. For expatriates in Chicago, the PAN card is delivered through international postal services within the specified timeframe. Significance for Indian Expatriates: Acquiring a PAN card online in Chicago holds significant implications for Indian expatriates. Apart from facilitating financial transactions and tax compliance, the PAN card serves as a link to their Indian identity and heritage. It enables expatriates to participate in economic activities in India, manage investments, and handle property transactions seamlessly. Furthermore, having a PAN card streamlines various administrative processes, such as applying for loans, insurance policies, or credit cards in India. It also simplifies inheritance proceedings and ensures compliance with Indian tax regulations, thereby mitigating legal complications for expatriates. Conclusion The online application process for a apply PAN card online in Chicago underscores the convergence of technology and administrative efficiency in serving the needs of Indian expatriates. By leveraging digital platforms and adhering to prescribed guidelines, expatriates can navigate the application process seamlessly, ensuring compliance with Indian tax laws and fostering enduring connections with their homeland.

[shreecom]

New Rules in the Banking Sector

Banking services must include accepting deposits, lending money, facilitating transactions, and offering various transaction products such as saving accounts, loans, and credit cards. Mainly bank is a type of financial institution that is permitted to accept customers' deposits and provide a loan. There are such types of banking sectors as Retail banks, Commercial banks, corporate banks, cooperative banks, Regional rural banks, central banks, and investment banks.

Why Banking sector is good?

Checking and saving accounts, loans, mortgage services, wealth management, providing credit and debit cards, and overdraft services, are the most important banking services in the banking sector.

How does the banking sector work?

The customers deposit their money in banks, and then banks lend the money in different loans like car loans, credit loans, business loans, home loans, etc. the loan recipients spend the money they borrow, then the banks earn the interest loans, and the process keeps money moving through the systems.

The rules of banking sectors:

Demat account holders' nomination declarations:

Demat account holders will have to provide nomination declarations or opt out of nominations by January 1, 2024. Account holders failing to do so will not be able to transact in stocks. Earlier, the deadline to furnish nomination details was September 30.

Aadhaar Card:

Aadhaar card holders wanting to change their details will be able to do so till December 31, 2024. However post this date, an amount of Rs 50 will be imposed on those wanting to change their personal details in the Aadhaar card.

KYC for SIM card:

All KYC-related work will be done in digital mode only. People applying for new SIM cards will not have to fill out paper forms for the Know-Your-Customer process.

 Bank locker agreement:

People holding lockers in banks will have to sign the revised agreement by December 31, 2023. If customers will fail to do so, their lockers will be frozen.

New rule to save users from online fraud:

As smartphone usage has unscaled in India, online fraud and scams have unscaled and have seen a parallel increase. The government has been taking a decisive stance to curb these issues.

Legal consequences for fake SIMs:

As per the new Telecommunication Bill, individuals who will be found purchasing fake SIM cards will be facing severe consequences and the offenders will further be subjected to a jail term of up to 3 years and a fine worth Rs. 50 lakh.

Mandatory biometric details for verification:

Telecom companies will now collect biometric data which will be mandated for every customer who is purchasing a SIM card. The inclusion of biometric details is a measure to safeguard fraudulent SIM card transactions and ensures strict action against the offenders.

Income Tax Return:

People will not be able to file Income Tax Returns (ITR) for financial year 2022-23 from January 1, 2024. Those who have not filed ITR for 2022-23 can file them with penalty fee till December 31.

Inactive UPI IDs:

The National Payments Corporation of India (NPCI) in a circular dated 7 November, has asked payment apps and banks to deactivate the UPI IDs and numbers that have not been active for more than one year. Every bank and third-party app has to follow these till 31st December.

UPI transaction limit hiked for hospitals, schools.

Deactivation of inactive UPI IDs.

UPI Lite wallets transaction limit increased.

No authentication for UPI auto payments.

Interchange fee on UPI merchant payments.

Google Pay:

The Gpay limit per day for money transfers for users in India is ₹1, 00,000. Moreover, the maximum times you can send money in a day cannot exceed 10 in Gpay or any other UPI app.ShreeCom Infotech Pvt. Ltd. Pune offering different types of banking sectors software’s like Co-Operative credit society software, core banking software, Retail banking software, SMS banking software, Pat pedhi software, Employees co-op credit society software, salary earners society software or you can google search for banking software near me

#co-op credit society software #pat pedhi software #pat sanstha software #salary earners society software #retail banking software

[techandenvironment]

An unpaid electricity bill texts a man, and con artists empty his bank account. 

Tech and Envrionment: Can you imagine a horrible scenario where you get an alert about the pending electricity bill with a link and on clicking it, your bank account(s) get empty? 

The exact case came to light in Delhi, India, in February, where a doctor lost around 300,000 rupees as he pursued the link of being curious. 

The sender number claimed to be affiliated with BSES, the electricity provider in Delhi.  

The victim reported to the police that the suspect had interfered with his WhatsApp account by sending offensive content and had turned call forwarding which prevented incoming calls. 

Tech News Updates in India for An Alerted Society:

Police asserted, “Unauthorised access was detected in the victim’s e-wallet and mutual fund folio accounts. His Aadhaar Card details were also tampered with”. 

The doctor gave the caller the information without thinking. 

The seventy-nine-year-old discovered 5 unauthorized transactions that had taken almost 3 lakhs rupees out of his bank account after he ended the call. 

For OTP verification, he did not receive any messages. 

A case was filed under IPC sections 420 (cheating), 419 (impersonation), and 120B (criminal conspiracy) after the victim reported the incident to the cyber crime cell. 

Police Swung Into Action: Tech News Updates in India

Two further complaints against the same mobile number, according to the police, suggested the involvement of a formal racket. 

Police argued, “We are analysing the call detail records and internet protocol detail records of the mobile number used by the accused. Different teams are trying to identify the suspects and uncover the scam”.

Technology in Fintech to brace up for future challenges. 

[stockupdate]

What is the simplest process to open a demat account?

Opening a demat account, which is necessary for holding securities such as stocks and bonds in electronic form, typically involves a few straightforward steps. Here's a simplified process:

Choose a Depository Participant (DP): A depository participant is an intermediary registered with the depository (such as NSDL or CDSL) to offer demat account services. You can select a DP based on factors like reputation, service quality, and fees.

Fill Application Form: Contact the chosen DP and request an account opening form. You can usually download this form from the DP's website as well. Fill out the form with accurate personal details, including your name, address, PAN (Permanent Account Number), contact information, bank account details, and nominee details.

Submit Documents: Along with the filled application form, you'll need to submit certain documents for identity proof, address proof, and income proof. Commonly accepted documents include PAN card, Aadhaar card, passport, driving license, utility bills, bank statements, and income tax returns.

KYC Process: Complete the KYC (Know Your Customer) process, which involves providing biometric authentication (if required), submitting the necessary documents, and undergoing in-person verification (where an authorized representative of the DP verifies your documents and identity).

Sign Agreement and Pay Fees: Review and sign the demat account agreement provided by the DP. Additionally, pay any account opening fees, annual maintenance charges, and transaction fees as applicable.

Account Activation: Once your application is processed and approved, the DP will provide you with a unique demat account number (DP ID) and client ID. These details are necessary for accessing your demat account. You may also receive a welcome kit containing account-related information.

Start Trading: After your demat account is activated, you can start trading securities such as stocks, bonds, mutual funds, and exchange-traded funds (ETFs) through the account. You can buy and sell securities online through the trading platform provided by your broker.

It's essential to review the terms and conditions, charges, and features offered by the DP before opening a demat account to ensure they meet your requirements. Additionally, maintain the security of your demat account login credentials to prevent unauthorized access.

LTP Calculator Overview:

LTP Calculator is a comprehensive stock market trading tool that focuses on providing real-time data, particularly the last traded price of various stocks. Its functionality extends beyond a conventional calculator, offering insights and analytics crucial for traders navigating the complexities of the stock market.

Also Available on Play store  -  Get the App

Key Features:

Real-time Last Traded Price:

The core feature of LTP Calculator is its ability to provide users with the latest information on stock prices. This real-time data empowers traders to make timely decisions based on the most recent market movements.

User-Friendly Interface:

Designed with traders in mind, LTP Calculator boasts a user-friendly interface that simplifies complex market data. This accessibility ensures that both novice and experienced traders can leverage the tool effectively.

Analytical Tools:

Beyond basic price information, LTP Calculator incorporates analytical tools that help users assess market trends, volatility, and potential risks. This multifaceted approach enables traders to develop a comprehensive understanding of the stocks they are dealing with.

Customizable Alerts:

Recognizing the importance of staying informed, LTP Calculator allows users to set customizable alerts for specific stocks. This feature ensures that traders receive timely notifications about significant market movements affecting their portfolio.

Vinay Prakash Tiwari - The Visionary Founder:

At the helm of LTP Calculator is Vinay Prakash Tiwari, a renowned figure in the stock market training arena. With a moniker like "Investment Daddy," Tiwari has earned respect for his expertise and commitment to empowering individuals in the financial domain.

Professional Background:

Vinay Prakash Tiwari brings a wealth of experience to the table, having traversed the intricacies of the stock market for several decades. His journey as a stock market trainer has equipped him with insights into the challenges faced by traders, inspiring him to develop tools like LTP Calculator.

Philosophy and Approach:

Tiwari's approach to stock market training revolves around education, empowerment, and simplifying complexities. LTP Calculator reflects this philosophy, offering a tool that aligns with his vision of making stock market information accessible and understandable for all.

Educational Initiatives:

Apart from his contributions as a tool developer, Vinay Prakash Tiwari has actively engaged in educational initiatives. Through online courses, webinars, and seminars, he has shared his knowledge with aspiring traders, reinforcing his commitment to fostering financial literacy.

In conclusion, LTP Calculator stands as a testament to Vinay Prakash Tiwari's dedication to enhancing the trading experience. As the financial landscape continues to evolve, tools like LTP Calculator and visionaries like Tiwari sir play a pivotal role in shaping a more informed and empowered community of traders.

#ltp calculator #ltp