Author: sahaskrit

Apple has stopped selling these four iPhones in India

Apple has stopped selling these four iPhones in India

Technology
Apple has taken four of its ‘lower priced’ smartphones off the shelves in India, making it more expensive to buy an entry-level iPhone. As part of its new strategy to focus on driving value in India instead of chasing volumes, Apple has stopped selling the iPhone SE, 6, iPhone 6 Plus and iPhone 6s Plus, three senior industry executives said. This will increase the entry level price of an iPhone in India by almost Rs 8,000. The executives said supplies of these models stopped last month. Apple’s distributors and sales team have informed traders that the new entry model will be the iPhone 6s, as and when the existing stock of the earlier models gets sold. The iPhone 6s currently sells for about Rs 29,500, while the iPhone SE, the earlier entry model, used to sell for Rs 21,000-22,000. The
Now, pay Rs 10,000 as penalty in case you enter wrong Aadhaar number for transactions

Now, pay Rs 10,000 as penalty in case you enter wrong Aadhaar number for transactions

News
New Delhi, July 14: In view of Union finance minister Nirmala Sitharaman announcing during the Budget that PAN and Aadhaar cards will be made interchangeable, you may now have to shell out Rs 10,000 as fine if you fail to provide your Aadhaar unique identitification number accurately in documents related to high-value transactions. The penal provision is expected to be applicable from September 1 after amendments are made in the relevant laws. The Budget proposed that Section 272B of the IT Act (which deals with penalties on failure of complying to rules of Section 139A) be amended. Union finance minister Nirmala Sitharaman Finance minister Nirmala Sitharaman said in her fiscal 2019-20 budget speech that more than 1.2 billion Indians now possess the Aadhaar unique ID number. In compar...
Income tax return (ITR) filing 2019: Three things you must do before filing I-T returns

Income tax return (ITR) filing 2019: Three things you must do before filing I-T returns

Business
New Delhi: People filing the income tax return (ITR) have to take care of certain things which include calculating the right income tax liability, assessing the total taxable income and collating all the investments which are made for tax saving purposes. July 31, 2019, is the last date to file income tax returns for the financial year (FY) 2018-19. The Income Tax Department may or may not extend the July 31 income tax filing deadline but taxpayers should keep themselves ready with several prerequisites. The taxpayers should update their income tax calculations according to the latest proposals made in the Budget 2019 by the newly-elected Union Finance Minister Nirmala Sitharaman. The tax liability of super-rich people is likely to rise as FM Sitharaman has proposed to raise the surchar...
Everything you need to know about it Android Q

Everything you need to know about it Android Q

Technology
Google has a knack for naming Android OS alphabetically after desserts. Last year, it was Pie, meaning this time it will be something starting from Q. While nobody knows what Google has in mind, the top contenders this year are real tongue twisters like Quiche,Quindim, Quaker Oats, Qottab, Qurabiya, Queen of Puddings, Quesito, and Quirks. Features: System-wide Dark Mode The first developer preview of Android Q is yet to be released, but XDA Developers have already tested an early build of the OS. In the independent analysis, they spotted a ton of new features, including a system-wide dark mode for reducing the strain on your eyes and saving battery. The Dark Mode, when activated from settings, will apply to all screens, even apps. Face-ID like facial recognition system Along with...
Reliance Jio could bundle 5G with its own smartphones

Reliance Jio could bundle 5G with its own smartphones

Technology
Reliance Jio, India’s third largest telecom giant, is gearing up to make 5G – the future of mobile connectivity – mainstream. The company, according to a report in Financial Chronicle, is working to introduce 5G services with its own set of 5G-ready smartphones. And, most importantly, it plans to make it all happen by April 2020. Jio to replicate 4G model for 5G services Speaking to people familiar with Jio’s 5G plan, Financial Chronicle has learned that the telco plans to launch 5G services in conjunction with dedicated 5G devices. This would be similar to the company’s 4G model, but in this case, 5G phones would be offered just when Jio’s 5G services launch in the country. It would immediately tackle the availability problem of 5G-ready phones. This would give Jio an edge over
How to transfer Sukanya Samriddhi Account

How to transfer Sukanya Samriddhi Account

News
If you are also planning to transfer your daughter’s account, know how you can transfer Sukanya Samriddhi Account from the post office to banks. The Sukanya Samriddhi Scheme was bought in by the government to benefit girl children. This plan became popular because of its various features and benefits. Parents or legal guardians on behalf of their girl children can invest in this scheme for up to two daughters aged below 10, in any post offices or authorized banks. You can now also open SSY for your adopted girl child. The maximum amount that can be deposited under this scheme is Rs 1,50,000 and the minimum is Rs 1,000 in a financial year, which can be made online. This scheme can also be closed prematurely if the girl on whose name the account is opened reaches 18 years. The account
Latest SBI IFSC Codes: Has Your Branch’s IFSC Code Changed? How To Find Out

Latest SBI IFSC Codes: Has Your Branch’s IFSC Code Changed? How To Find Out

News
SBI or State Bank of India recently changed names and Indian Financial System Code (IFSC) of nearly 1,300 of its branches. India’s largest bank SBI, which merged its operations with six of its associate banks – State Bank of Bikaner and Jaipur, State Bank of Patiala, State Bank of Travancore, State Bank of Hyderabad, State Bank of Mysore – along with Bharatiya Mahila Bank in April 2017. SBI changed the names and IFSC codes of branches located in major cities such as Mumbai, New Delhi, Bengaluru, Chennai, Hyderabad, Kolkata and Lucknow, among others. SBI has close to 23,000 branches. The bank has put up the list of branches with old and new names and IFSC codes on its website. SBI customers can find the new IFSC code of the branches through the Branch Locator tool on its website – sbi.co
Beware! Your WhatsApp chats aren’t safe

Beware! Your WhatsApp chats aren’t safe

Technology
The UK government recently passed the Investigatory Powers Act, forcing tech companies to hand over web histories to them. WhatsApp, with over one billion daily users, is among the most popular mobile messaging service in the market. The company also prides itself for the security that it offers to those 1 billion users. Through the use of a security protocol by Open Whispers System, WhatsApp earlier this year implemented end-to-end encryption to all the chats taking place on its platform. WHATSAPP’S END-TO-END ENCRYPTION However, this has led to public disagreements between tech-companies and governments. In UK specifically, an increasing number of politicians have proposed a ban of such technologies, or even forcing the companies to install “backdoors” that would give the
Income tax refund within 15 days? It is possible; Here’s what tax experts say

Income tax refund within 15 days? It is possible; Here’s what tax experts say

News
Good news for taxpayers, especially those who have recently filed their income tax return (ITR) and are waiting for a refund. They can now expect their ITRs to be processed fast by the Income Tax Department as the Central Board of Direct Taxes (CBDT) has reportedly asked the tax department to expedite the process of income tax refund. According to some media reports, some taxpayers have already got their tax refunds within 10 to 15 days of filing and e-verifying their returns. So, if everything goes well, taxpayers may soon start getting their tax refunds within 15 days of meeting all the conditions of return filing, provided no discrepancy is found by the tax department while processing a return. However, the refund may get delayed in case an income tax return has not been e-verified a...
Good news for jewellery buyers! Gold price falls Rs 450, Silver gets cheaper by Rs 1,000 in 1 week

Good news for jewellery buyers! Gold price falls Rs 450, Silver gets cheaper by Rs 1,000 in 1 week

Business
Good news for jewellery buyers: Gold prices have fallen Rs 450 while silver prices have declined by Rs 1,000 in one week in the New Delhi bullion market. The prices of precious metals such as gold and silver have been very volatile since the beginning of this year following the worries and uncertainties with regard to the multi-billion dollar trade war between US and China. In the local market, the weakening in the gold, silver prices is also due to the lower demand from the domestic jewellers. From the last week, gold prices have fallen by Rs 450 to Rs 30,250 per 10 grams from a level of Rs 30,700 per 10 grams as on 11 August 2018 whereas silver prices have dipped by as much as Rs 1,000 to Rs 38,000 per kg from a level of Rs 39,000 per kg. Today itself, gold prices fell by Rs 90 to Rs