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Pan-aadhaar linking

 Sub-Section(2) of section 139AA of the Indian Income tax act 1961, provided that it is mandatory for every individual who has been allotted a Permanent Account Number (PAN) on 1st July 2017 to link his/her Aadhaar number with PAN by 30 June 2023, failing PAN become inoperative from 1 July 2023. PAN-Aadhaar link fee PAN-Aadhaar link fee till March 31st, 2023 is Zero and from 1 April to 30 June 2023 charge will be 500 , and after 30 June 2023 fee amount will be 1000 . PAN-Aadhaar link Penalty There is a Penalty of 500 rupees from 1 April to 30 June 2023 and a fine of 1000 rupees from 1 July 2023 for linking PAN-Aadhaar. From 1 July 2023, PAN becomes inoperative and can be activated after paying the penalty of 1000. What will happen if PAN-Aadhaar not linked According to Finance Ministry (1)   PAN becomes inoperative (2)   TDS/TCS shall be deducted at a higher rate (3)   Individuals will not able to file ITR (4)   Pending refunds will not be i...
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Types of Credit cards

 In the era of information, there are numerous types of credit cards are marketed to consumers by institutions. It is difficult to choose the best credit card in a time of overloaded information.


We are helping you to choose the best credit card which fits your financial goal by refining and crips the information provided below. Generally, 8 types of credit cards are issued by credit card issuers.


  1. Reward credit card

Reward credit cards give some points or cash back based on spending and offer different ways to redeem points like gift cards, merchandise, or statement credits.


 2. Cashback credit card


With a cashback credit card, it is an easy way to earn some cashback on your spending however cashback varies from card to card. A flat rate of rewards is a mechanism to calculate cash back on cards to cards.


3.Business credit card


Business credit cards keep separate expenses for personal and business activity while they earn points on business expenses. Business credit cards can be cash-back credit cards, travel credit cards, reward credit cards, or secure credit cards. You must have a business or income-generating activity to be eligible for a business credit card.


4.Student credit card


Student credit cards are designed to cater requirements of a student. Sign-up eligibility criteria for a student credit card are not strict and easily approved. Most student credit card does not charge an annual fee.


5.Secured credit card


Secured credit cards are those credit cards that are required one to put down collateral during the process of application for a credit card and to get a line of credit similar to collateral. All most all credit cards are unsecured. Secured credit cards are used to repair the financial history of an individual.


6.Store credit cards


Store credit cards are generally offered by a chain of retail stores to consumers to give services like buy now and pay later.


7.Travel credit card


The travel credit card offers rewards that are earned on spending on spending against a ticket for trains, flight booking, and hotel booking.

If you often travel as a tourist or as a businessman travel credit cards offer perks like airport lounge access.


8.Co-branded credit card


Co-branded credit cards are combined partnerships of card issuers like visa cards, a merchant like retail store chains, airline, & hotels chains, and network.


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Pan-aadhaar linking

 Sub-Section(2) of section 139AA of the Indian Income tax act 1961, provided that it is mandatory for every individual who has been allotted a Permanent Account Number (PAN) on 1st July 2017 to link his/her Aadhaar number with PAN by 30 June 2023, failing PAN become inoperative from 1 July 2023. PAN-Aadhaar link fee PAN-Aadhaar link fee till March 31st, 2023 is Zero and from 1 April to 30 June 2023 charge will be 500 , and after 30 June 2023 fee amount will be 1000 . PAN-Aadhaar link Penalty There is a Penalty of 500 rupees from 1 April to 30 June 2023 and a fine of 1000 rupees from 1 July 2023 for linking PAN-Aadhaar. From 1 July 2023, PAN becomes inoperative and can be activated after paying the penalty of 1000. What will happen if PAN-Aadhaar not linked According to Finance Ministry (1)   PAN becomes inoperative (2)   TDS/TCS shall be deducted at a higher rate (3)   Individuals will not able to file ITR (4)   Pending refunds will not be i...
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