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Monday, August 3, 2020

PASTING OF PHOTO ON PASSBOOK EXCEPT SCSS SCHEME IS DISCONTINUED

           As per SB Order 14/2012 in the Subject Circulation of Master Circular No-1 on Anti Money Laundering(AML)/Combating of Financing Terrorism(CFT) norms applicable for Small Savings Schemes-regarding 

The SB Order has been communicated vide Directorate letter No.109-04/2007-SB dated 09.10.2012 under Major changes Point Number (iii) Pasting of photograph on Passbook (except SCSS account) and on Certificates discontinued.

Hence the pasting of Photos on the passbooks relating to below mentioned schemes has been discontinued in Post Offices.

1. Savings Account
2. Time Deposit 1 Year, 2Year, 3Year and 5Year Schemes
3. Recurring Deposits
4. Public Provident Fund - PPF
5. Sukanya Samridhi Account - SSA
6. Monthly Income Scheme - MIS
7. Certificates - NSC and KVP

Pasting of Photograph still continued only Senior Citizen Savings Scheme (SCSS) in Post Office. all other schemes has been discontinued from 09.10.2012
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LAST DATE FOR FILING ITR FOR FINANCIAL YEAR 2018-19 (AY2019-20). EXTENDED TO SEPTEMBER 30

Central Board of Direct Taxes (CBDT) has extended the last date for filing belated Income Tax Return (ITR) for the financial year 2018-19 (AY2019-20). The date has been extended from July 31 to September 30, 2020.

In a tweet from its official handle, Income Tax department today said, “In view of the constraints due to the Covid pandemic & to further ease compliances for taxpayers, CBDT extends the due dt for filing of Income Tax Returns for FY 2018-19(AY 2019-20) from 31st July, 2020 to 30th September, 2020, vide Notification in S.O. 2512(E) dt 29th July, 2020.”

Prior to this, the government had extended the deadline to file belated income tax return (ITR) for FY 2018-19 twice. First, from the original deadline of March 31, 2020 to June 30, 2020, and then to July 31, 2020.

Worth mentioning here is that if an individual does not file the belated ITR, if due, by the deadline (i.e., Sept 30, 2020), then he/she will not be able to file the income tax return for the financial year 2018-19
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INDIA POST PAYMENT BANK (IPPB) SMS CHARGES RS.10 + GST PER QUARTER FROM 1ST AUGUST 2020