In view of corona pandemic a lot of things have changed in our lives. Some rules are also changed now. Employee Provident Fund Organization (EPFO) earlier have stated that the subscribers need to link their provident fund accounts to the Aadhaar card from June 1.
New portal for ITR filing
To migrate all the activities from the previous site to the new one, the income tax e-filing portal www.incometaxindiaefiling.gov.in will remain shut for the taxpayers from June 1 to June 6. “We are excited to be moving to the new e-Filing portal from 7th June, 2021 onwards. The new portal, designed to be more user friendly, will have several new features and enhancements. Stay Tuned!” the Income Tax department said earlier.
PF rules
If members do not verify their PF accounts with Aadhaar cards till June 1, their EPF contributions may be stopped crediting into the accounts. It must be noted that Universal Account Number (UAN) also needs to be linked to the Aadhaar accounts.
Bank of Baroda
For cheque payments of over Rs 2 lakh, Bank of Baroda customers will need to provide ‘positive pay confirmation’ to the bank. "The new rule is aimed at preventing fraud incidents in payments made via cheques. Customers can also send the details of a high-value cheque online in advance to make hassle-free transactions. The details include cheque number, payee name, transaction amount, account number, cheque date, and transaction code", Bank of Baroda said.
Flight tickets getting expensive
“Fare for domestic travel less than 40 minutes of duration will be hiked by ₹ 2,300 to ₹ 2,600, which is 13 per cent of the current fare," the ministry said. Similarly, for flights of duration between 60-90 minutes airfare will be charged at ₹ 4,000, 90-120 minutes at ₹ 4,700, 150-180 minutes at ₹ 6,100 and 180-210 minutes will cost ₹ 7,400.
Gold Jewellery Hallmarking
Gold hallmarking is a purity certification of the precious metal and currently it is voluntary in nature. A committee, headed by Pramod Tewari, director general, Bureau of Indian Standards (BIS) has been formed to ensure proper coordination and resolve the implementation issues.