Reserve Bank of India to Issue New Batch of Rs 20 Notes Soon


Mumbai, July 20: The Reserve Bank of India is all set to release a new batch of currency notes of denomination of Rs 20 under the Mahatma Gandhi series-2005. The new notes of Rs 20 will be released with the inset letter ‘S’ in both the number panels, news agency ANI reported.

RBI - News24in7

According to a report, another major change that will be seen in the new currency notes will also carry a signature of RBI Governor Urjit Patel, which the older Rs 20 notes did not have. However, the design of the new Rs 20 notes will not change in any way and will remain the same as the ones released in September 2016 with the inset letter ‘R’. The RBI also said that the old Rs 20 notes in circulation will continue as a legal tender.

Earlier this month an image of a note of Rs 200 denomination was being widely shared on social media, even though there was no official confirmation about its authenticity came from the responsible authorities. Some report suggests that the printing process had begun and the central banks would soon issue the new notes of Rs 20.

There were reports that the RBI is looking to issue the Rs 200 notes to make daily transactions easier for people. Last month, the RBI introduced a new series of the recently introduced Rs 500 notes.

“In continuation of issuing of Rs 500 denomination notes in Mahatma Gandhi (new) series from time to time which are currently legal tender, a new batch of banknotes with inset letter “A” in both the number panels, bearing the signature of RBI Governor Dr Urjit R Patel Governor; with the year of printing “2017” on the reverse, are being issued,” RBI said in a statement.

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6 ways to verify your income tax return


Incometax - News24in7

Image Source: Livemint

With less than 10 days left to the deadline of July 31 for filing income tax returns (ITR), most people have started filing their ITR. An ITR after being filed has to be verified by the assessee.

As per the existing tax laws, a return filed by the taxpayer is not valid until it is verified as filed by the concerned assessee. A taxpayer can verify his/her return either electronically using E-Verification Code (EVC) using any one of multiple options or physically.

In case of e-filing taxpayers have the option to e-verify their respective returns at the time of uploading or after uploading. In case of an already-uploaded return, taxpayers can e-verify the same by clicking on the “e-Verify Return” option under the ‘My Account’ tab after logging into the e-filing website. Physical verification method can be used only after filing the return.

Under the ‘e-verify return’ option, a taxpayer will be shown three alternatives to verify their returns.

  1. I already have an EVC to e-verify my return.
  2. I do not have an EVC and I would like to generate EVC to verify my return.
  3. To verify your returns using Aadhaar OT

If you’re using Aadhaar OTP method, your mobile number must be linked to your Aadhaar. In this process a, OTP is generated and sent to your registered mobile number. Enter the OTP in the text box provided and click on submit. Success page will be displayed. It is important to remember that Aadhaar OTP is valid for 30 minutes only.

If you do not have EVC or your mobile number is not linked to aadhaar, then you can choose option 2 mentioned above. EVC can be generated by clicking on ‘Generate EVC’ option under ‘My Account Tab’. Four options to verify your ITR will appear. An Individual can choose any of the following method to verify it.

Using Electronic methods
You can use any one of the following four methods to verify your ITR electronically apart from Aadhaar OTP. Once you have verify it.

Using Electronic methods
You can use any one of the following four methods to verify your ITR electronically apart from Aadhaar OTP. Once you have verified it electronically you are not required to send the physical ITR-V copy to Bengaluru.

(a) Using One Time Password (OTP): You can verify your ITR by receiving an OTP on your registered mobile number and e-mail ID. OTP is a 10 digit alphanumeric code which can be generated through the income tax department’s e-Filing portal and is valid for 72 hours.

This OTP can be used only if your gross Income minus deduction is less than or equal to Rs 5 lakh. And/or, refund/demand is less than or equal to 100. This is first option to that appears under the ‘Generate EVC’ option. Click on ‘Generate e-filing OTP’. The OTP will be you’re your email id.

(b) Generating EVC using net-banking: You can also verify your return by using the net-banking facility of your bank account. Log-in to your net banking account and click on tab related to income tax filing. Select the e-verify option and you will be redirected to e-filing website.

Once logged in to the income tax e-filing website, click on the ‘My Account’ to generate the EVC. A 10-digit alpha-numeric code will be sent to your email and mobile number which is valid for 72 hours. Now, click on ‘e-verify’ option in ‘My Account’ tab to verify your returns using option 1 ‘I have EVC already’.

(c) Receiving EVC by using bank account based validation system: To use this method you must first pre-validate your bank account. You can pre-validate your bank account through the profile settings menu in your e-filing account. You will be required to enter details such as bank name, account number, IFSC and mobile number.

Pre-validation will be successfully completed only if your PAN and name match with bank account records. You must enter the mobile number which is linked to that bank account. Once these details are confirmed and validated by the bank then only you can generate EVC using this option. You will receive the code on the mobile number mentioned by you. Currently, only 12 banks are providing this facility. You must ensure that your bank is in the list before using this option. No change of mobile number or email as mentioned above will be permissible without revalidation of the bank.

(d) Verifying returns through Demat Account Number: This method is similar to bank account based validation. This method was launched earlier but has become functionally usable starting from this assessment year. To use this method for verifying your tax returns, your must also first validate your Demat account in the profile settings menu.

You will be required to select your depository and enter both mobile number and email id. Once the details (PAN, mobile number and email id) mentioned by you is confirmed and validated by the depository then you can use this option to generate the code. Here too, no change of mobile number or email id will be permitted without revalidation with the depository.

Using Physical Method (by sending ITR-V/Acknowledgement receipt)
If the taxpayer is not able to e-verify his return because of any reason or is not comfortable in using the electronic verification mode, then he/she can download the ITR-V also known as acknowledgement receipt. He needs to sign it and send it to CPC through post. This ITR-V should reach CPC within 120 days from the date of upload of the return for the return to be treated as valid.

  1. ITR-V is a one-page document which you need to sign in blue ink and send via ordinary post or speed post. You cannot courier the ITR-V.
  2. ITR-V is a password protected document which can be downloaded from your account on the e-filing website under the ‘View Returns/Form’ on the ‘Dashboard’. This ITR-V is auto-generated after you successfully upload/e-file your income tax return. Password to open ITR-V is your PAN number in lower letters along with your date of birth (DOB). If your PAN is “AAAPA1111F” and DOB is 01/01/1975, then your password will be “aaapa1111f01011975”.
  3. You are not required to send any supporting document along with the ITR-V. Just send the one page signed ITR-V.
  4. When your duly signed ITR-V is received and entered in the records at CPC, you will receive an email on your registered email ID that the ITR-V has been received and your return has been verified. Processing of your return will only start after verification.
  5. Address of CPC Bangalore for speed post: ‘CPC, Post Box No – 1, Electronic City Post Office, Bangalore – 560100, Karnataka, India’.

Note: Not all assessee can use the e-verification option to verify their returns. Some assesses are required to verify their returns by using the ‘Digital Signature Certificate (DSC)’. Such assesses are the individuals or HUF using ITR 3 for the FY 2016-17 (ITR 4 for the FY 2015-16) to file their tax returns and whose accounts are required to be audited under section 44AB. Once returns are filed using DSC method, they are not required for further verification as they are digitally signed by the taxpayer.

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Tata Motors rolls out all new Nexon from Pune plant; launch soon


Tata Motors flagged-off the first batch of its much awaited SUV, the Tata Nexon from its Ranjangaon facility near Pune. The Nexon is Tata Motors’ fourth car in the new generation of passenger vehicles under the IMPACT design philosophy, targeting a new segment altogether. Tata Motors had unveiled the all new Nexon at the 88th Geneva Motors Show this year in March. Since then, the new Nexon has made multiple appearances on Indian roads in full camouflage.

The all new Tata Nexon is a sporty SUV with extremely contemporary styling engineered to deliver excellence with dynamic handling , sporty performance, smart connectivity and comfort along with advanced safety features.

New Nexon - News24in7

Price:

We expect the upcoming Tata Nexon to come with a price tag of Rs 6.5 lakh (ex showroom, New Delhi) – Rs 9 lakh (ex showroom, New Delhi).

Engine:

Powered by a pair of new powertrains – a 1.2L Turbocharged petrol engine from the Revotron series churns out 110PS of peak power and 110Nm of peak torque, while the 1.5L Diesel engine from the Revotorq family produces 110PS of total power output and 260Nm of total torque. Both the engines come mated to six-speed gearbox.

New Nexon 1 - News24in7

Design:

The front fascia of the car appears athletic with a chrome ‘Humanity Line’ on the upper grill featuring stylish projector headlamps with daytime running lights (DRLs).

Striking LED tail lamps, a contrast tone rising beltline finisher and a floating roof enhances the rear aesthetics of the car, while the dynamic and stylish 17″ alloy wheels provide a premium exterior look.

New Nexon 2 - News24in7

New Nexon 3- News24in7

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Uttarakhand elections result 2017: Final list of constituencies and their winners


The BJP has won Uttarakhand assembly elections with a massive win. The party put up a strong performance in the state polls and won 57 seats in the 70-member Assembly while Indian National Congress secured only 11 seats and other parties got only 2 seats.

Election Results 2017 Uttarakhand

Here is the entire list of constituencies:

  1. Almora constituency election results 2017: Raghunath Singh Chauhan (BJP)

     

  2. B.H.E.L. Ranipur constituency election results 2017: Adesh Chauhan (BJP)

     

  3. Badrinath constituency election results 2017: Mahendra Bhatt(BJP)

     

  4. Bageshwar constituency election results 2017: Chandan Ram Dass (BJP)

     

  5. Bajpur constituency election results 2017: Yashpal Arya (BJP)

     

  6. Bhagwanpur constituency election results 2017: Mamta Rakesh  (Congress)

     

  7. Bhimtal constituency election results 2017: Ram Singh Kaira (Independent)

     

  8. Chakrata constituency election results 2017: Pritam Singh (Congress)

     

  9. Champawat constituency election results 2017: Kailash Chandra Gahtori  (BJP)

     

  10. Dehradun Cantt. constituency election results 2017: Shri Harbans Kapoor (BJP)

     

  11. Devprayag constituency election results 2017: Vinod Kandari (BJP)

     

  12. Dhanolti constituency election results 2017: Pritam Singh Panwar (Independent)

     

  13. Dharampur constituency election results 2017: Vinod Chamoli (BJP)

     

  14. Dharchula constituency election results 2017: Harish Singh (Congress)

     

  15. Didihat constituency election results 2017: Vishan Singh (BJP)

     

  16. Doiwala constituency election results 2017: Trivendra Singh Rawat (BJP)

     

  17. Dwarahat constituency election results 2017: Mahesh Singh Negi (BJP)

     

  18. Gadarpur constituency election results 2017: Arvind Pandey (BJP)

     

  19. Gangolihat constituency election results 2017: Meena Gangola (BJP)

     

  20. Gangotri constituency election results 2017: Gopal Singh Rawat (BJP)

     

  21. Ghanshali constituency election results 2017: Shakti Lal Shah (BJP)

     

  22. Haldwani constituency election results 2017: Indira Hridayesh (Congress)

     

  23. Hardwar constituency election results 2017: Madan Kaushik (BJP)

     

  24. Hardwar Rural constituency election results 2017: Yatishwaranand (BJP)

     

  25. Jageshwar Govind constituency election results 2017: Singh Kunjwal (Congress)

     

  26. Jaspur constituency election results 2017: Adesh Singh Chauhan (Congress)

     

  27. Jhabrera constituency election results 2017: Desraj Karanwal (BJP)

     

  28. Jwalapur constituency election results 2017: Suresh Rathor (BJP)

     

  29. Kaladhungi constituency election results 2017: Bansidhar Bhagat (BJP)

     

  30. Kapkot constituency election results 2017: Balwant Singh Bhouriyal (BJP)

     

  31. Karnprayag constituency election results 2017: Surendra Singh Negi (BJP)

     

  32. Kashipur constituency election results 2017: Harbhajan Singh Cheema (BJP)

     

  33. Kedarnath constituency election results 2017: Manoj Rawat (Congress)

     

  34. Khanpur constituency election results 2017: Kunwar Parnav Singh Champion (BJP)

     

  35. Khatima constituency election results 2017: Pushkar Singh Dhami (BJP)

     

  36. Kichha constituency election results 2017: Rajesh Shukla (BJP)

     

  37. Kotdwar constituency election results 2017: (Dr) Harak Singh Rawat (BJP)

     

  38. Laksar constituency election results 2017: Sanjay Gupta (BJP)

     

  39. Lalkuwa constituency election results 2017: Naveen Chandra Dumka (BJP)

     

  40. Lansdowne constituency election results 2017: Daleep Singh Rawat (BJP)

     

  41. Lohaghat constituency election results 2017: Puran Singh Fartyal (BJP)

     

  42. Manglore constituency election results 2017: Qazi Mohd Nizamuddin (Congress)

     

  43. Mussoorie constituency election results 2017: Ganesh Joshi (BJP)

     

  44. Nainital constituency election results 2017: Sanjeev Arya (BJP)

     

  45. Nanak Matta constituency election results 2017: Dr. Prem Singh (BJP)

     

  46. Narendranagar constituency election results 2017: Subodh Uniyal (BJP)

     

  47. Pauri constituency election results 2017: Mukesh Singh Koli (BJP)

     

  48. Pirankaliyar constituency election results 2017: Furkan Ahmad (Congress)

     

  49. Pithoragarh constituency election results 2017: Prakash Pant (BJP)

     

  50. Pratapnagar constituency election results 2017: Vijay Singh Panwar(Guddu Bhai) (BJP)

     

  51. Purola constituency election results 2017: Rajkumar (Congress)

     

  52. Raipur constituency election results 2017: Umesh Sharma Kau (BJP)

     

  53. Rajpur constituency election results 2017: Road Khajan Dass (BJP)

     

  54. Ramnagar constituency election results 2017: Diwan Singh Bisht (BJP)

     

  55. Ranikhet constituency election results 2017: Karan Mahara (Congress)

     

  56. Rishikesh constituency election results 2017: Premchand Aggarwal (BJP)

     

  57. Roorkee constituency election results 2017: Pradeep Batra (BJP)

     

  58. Rudraprayag constituency election results 2017: Bharat Singh (BJP)

     

  59. Rudrapur constituency election results 2017: Rajkumar Thukral (BJP)

     

  60. Sahaspur constituency election results 2017: Sahdev Singh Pundir (BJP)

     

  61. Salt constituency election results 2017: Surender Singh Jeena (BJP)

     

  62. Sitarganj constituency election results 2017: Saurabh Bahuguna (BJP)

     

  63. Someshwar (s.c.) constituency election results 2017: Rekha Arya (BJP)

     

  64. Srinagar constituency election results 2017: Dr. Dhan Singh Rawat (BJP)

     

  65. Tehri constituency election results 2017: Dhan Singh Negi (BJP)

     

  66. Tharali constituency election results 2017: Magan Lal Shah (BJP)

     

  67. Vikasnagar constituency election results 2017: Munna Singh Chauhan (BJP)

     

  68. Yamkeshwar constituency election results 2017: Ritu Khanduri Bhushan (BJP)

     

  69. Yamunotri constituency election results 2017: Kedar Singh (BJP)

     

  70. Chaubattakhal constituency election results 2017: Satpal Maharaj (BJP)

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Assembly Election Results 2017 – Saffron Holi. PM Narendra Modi Wave Lands BJP The Huge Uttar Pradesh Prize


pm-narendra-modi_650x400_71489207978

Assembly Election Results 2017:Counting of vote for UP, Punjab, Manipur, Goa, Uttarakhand began at 8 am

NEW DELHI:  Prime Minister Narendra Modi has led the BJP to a massive victory in Uttar Pradesh, with the party now ahead in almost 300 of the state’s 403 seats. It needs 202 to form government. The BJP is also set to sweep neighbouring Uttarakhand. In Punjab, the Congress looks set to stage a comeback. Arvind Kejriwal’s Aam Aadmi Party is likely to be the day’s biggest loser. Votes are being counted for assembly elections in five states today.

  1. Three hours into counting, the BJP had raced ahead in 306 seats in UP, a whopping gain of 257 seats over its tally of 48 in the 2012 assembly election. The Akhilesh Yadav-led Samajwadi Party-Congress alliance was a poor second, leading in 72 seats, down 181. Mayawati’s Bahujan Samaj Party was leading only in 18 seats.
  2. In Punjab, the Congress was leading in 69 seats, up 23 seats from 2012. Arvind Kejriwal’s AAP was ahead in 26 seats in its debut election, and the incumbent Akali Dal-BJP is last with 21 seats, down 47. A party needs 59 seats for a majority in the 117-member Punjab assembly.
  3. The BJP and the Congress are neck-and-neck in Goa, but at 11 am trends were available only for 23 of the state’s 40 seats.
  4. In the hill state of Uttarakhand, the BJP has established an unassailable lead, ahead in 54 of the state’s 70 sets. If trends sustain, the party will get an absolute majority in the state. The Congress is leading only in 11 seats.
  5. The ruling Congress is leading in Manipur with 19 seats. The BJP is in second place with 14 seats. Trends were available for only 39 of the state’s 60 seats yet.
  6. The mega UP election, held in seven rounds, is seen as a bellwether for the 2019 national election. PM Modi was the face of the BJP’s campaign for the most important election he has faced since he led his party to victory in the 2014 national election.
  7. An outright win in UP will be an endorsement of the PM’s stewardship of the economy after his high-risk decision last November to scrap 500 and 1,000 rupee notes worth 86 per cent of the cash in circulation, aimed at eliminating corruption and black money. It will also improve the BJP’s strength in the Rajya Sabha or upper house of parliament where the government is in a minority and has trouble pushing legislation.
  8. UP Chief Minister Akhilesh Yadav, seeking a second straight term for his Samajwadi Party, partnered with the Congress in a strategy that failed.
  9. The Congress has done disastrously in recent elections and another string of losses today will raise more questions on the leadership of the party’s vice president Rahul Gandhi. A win in Punjab will be the best news the Congress will have heard for months.
  10. Arvind Kejriwal’s AAP had debuted in two states this year – Punjab and Goa – hoping to replicate its success in the Delhi assembly elections two years ago. AAP has not opened its account in Goa yet and is currently last in Punjab.

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5 things you will understand if your passion becomes your job


imagesIt is a usual Monday morning. The clock strikes seven. Your alarm clock acts like the hostel’s old matron who just cannot see you sleep peacefully. Like most of the working population, you want to strangle that tiny little thing to death. You wake up and stare at the wall. You contemplate if you really need the job. This is a common morning scenario when you do not like your job. But, what happens when you have a job that you are passionate about? Let us see:

1) You do not need the snooze button

Waking up early is a task. For young adults who love to party after work, it gets even harder. But if you have a job that you are passionate about, you happily turn into an early bird. You cannot wait to get started on the day. Just like schooldays, when you would not sleep the night before for fear of missing the picnic! When the alarm goes off, you get going.

2) Goodbye Monday morning blues

For people who are passionate about their work, the Monday morning blues is an alien concept. You long to get back to work on a Monday morning. You tend to be as excited to go to work as one would be while going on the last day of the week. That is the magic of embracing your passion.

3) Overtime? Bring it on!

You fail to understand why your friends whine about putting in extra hours at work. You are almost unaffected by the clock hands. You do not mind working over the weekends either. In fact, you can happily plan your weekend around your work.

4) You have a clear career goal

Building a career is never easy. Yet, there are people who do it, for money or for an intangible, better future. But you do not have to worry much. You know what you want to do in life; you have a clear goal. There is no two ways about it. You invest all your time and effort in achieving this goal.

5) Honing skills

If you are passionate about your job, you find all the ways possible to grow and become better. So, there’s a good chance you are constantly on the lookout for new skills and knowledge. No one has to tell you to take new courses or learn new concepts. You are quite self-motivated in this case.

You spend around nine hours at work every day. To be productive, it is important that you enjoy what you do in those hours. This becomes possible when your passion becomes your job.

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10 almond flour desserts that are healthy and delicious


10 Almond flour desserts that are healthy and delicious

Via (Yahoo)