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Explore Registrationkraft’s Legal Category blog posts to learn about the Legal updates, Laws, and Acts.
The Income Tax Department has urged the individuals to link their PAN with Aadhaar before May 31st, 2024 in order to avoid tax deduction at a higher rate. The Aadhaar-PAN linking is done automatically during the application stage for new applicants of PAN card. Existing PAN holders, who were allotted PAN on or before 01-07-2017, […]
To simplify the process for claiming EPF benefits after the demise of a member, the Employees’ Provident Fund Organization (EPFO) has come up with a new rule. The field officers of EPFO were facing difficulties regarding the updation or rectification of Aadhaar details after the demise of its members. Hence, EPFO made a decision to […]
Employees’ Provident Fund Organization (EPFO) is a social security organization which comes under the Ministry of Labour and Employment, Government of India. Many individuals think that the Orphan Pension under EPS 95 is provided till 18 years of age. However, EPFO has clarified through its Official X (formerly twitter) handle that the Orphan Pension under […]
The 9th Edition of 30 Under 30 Asia list by Forbes has been unveiled. This list highlights young entrepreneurs and leaders under 30 from Asia-Pacific region across ten categories. These categories are art, entertainment, sports, finance and venture capital, marketing and advertising, retail and e-commerce, enterprise technology, industry, manufacturing and energy, healthcare and science, social […]
If there is one thing that has been doing rounds in the media amidst the upcoming poll season, it is electoral bonds. As the Hon’ble Supreme Court ordered the State Bank of India to disclose the donors and beneficiaries of electoral bonds issues after 2019, the resultant brought everything in the open as the documents […]
The Employees’ Provident Fund Organisation (EPFO) is a part of India’s Ministry of Labour and Employment. As per the circular announced by the EPFO on Tuesday, circular no: WSU/2024/1/UIDAI Matter/4090. In the circular, it is stated that the Aadhaar card is removed from the list of acceptable documents as a Date of Birth Proof. What […]
The Unique Identification Authority of India introduced the Aadhaar PVC Card. The reason behind this is to introduce a plastic-based card that is water-resistant, tear-proof, and more durable as the lifespan and usability. Now, you don’t need to carry the bulky letter, the PVC card is compact and can be easily kept in a wallet […]
The Employees’ Provident Funds & Miscellaneous Provisions Act, of 1952 provides for the institution of compulsory provident fund in India. The Employee Provident Fund (EPF) is a mandatory retirement savings scheme in India for certain employees to build a corpus for their post-retirement life. In this scheme, the employee and employer contribute a certain percentage […]
In the world, Aadhaar is the largest biometric identification system. Mostly, the aadhaar card is used as identification proof of the general public in offices, banks or for taking benefit of government schemes. It is a card that consists of your information such as name, gender, date of birth, address, and a 12-digit unique number. […]
As the end of the financial year 2023-24 is coming in a few months, individuals and businesses have to create a plan to save income tax. Paying taxes is a duty of every citizen, so individuals who are below the age of 60 years and whose gross income is more than Rs. 3 lakh have […]