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Aadhar Card

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Aadhar Card

A bit background about the Aadhar Card.

The Planning Commission Of India’s initiative is the Aadhar Card.  The concept of Unique identification project which aims to provide identification for each resident across the country. Which would be used primarily as the basis for efficient delivery of welfare services. It would also act as a tool for effective monitoring of various programs and schemes of the Government.

What is Aadhar ?

Aadhaar is a 12 digit individual identification number issued by the Unique Identification Authority of India on behalf of the Government of India.

This number will serve as a proof of identity and address, anywhere in India.

Any individual, irrespective of age and gender, who is a resident in India and satisfies the verification process laid down by the UIDAI can enrol for Aadhaar.

Each individual needs to enroll only once which is free of cost.

Each Aadhaar number will be unique to an individual and will remain valid for life. Aadhaar number will help you provide access to services like banking, mobile phone connections and other Govt and Non-Govt services in due course.

AadharImg 300x205 Aadhar CardHow to get an Aadhaar?

The residents of India will have to visit the nearest Aadhar Enrollment Camp inorder to register for the Aadhar Card. On visiting the Enrollment Camp there are some formalities that needs to be fulfilled for the Aadhar card registration process. The first step in the registration process is the verification of the documents.

In this step the applicant of the Aadhar card should approach the Enrolment Agency Operator and provide the necessary documents for verification. The primary documents that has to be provided to apply for Aadhar card maybe either one of the following: the passport, the PAN card, Ration card or the PDS photo card, Voter ID of the applicant, The driving license (if the applicant has one), photo ID issued by any recognized educational institution, Government Photo Id cards, Photo credit card, Photo ATM card, Kisan Photo Passbook (if any) or even arms license, should the applicant hold such a license. As proof of address, the applicant of the aadhar card can provide the passport or ration card, bank statement or even the electricity bill.

As a proof of the applicant’s date of birth inorder to apply for aadhar card , the applicant may provide the birth certificate, or the SSLC book or certificate, the passport or Certificate of Date of Birth issued by Group A Gazetted Officer on letterhead. The enroller will then enter the resident date into the computer. After the date has been entered, the resident has to check the details entered to make sure all details are correct. After this comes the capturing of the applicants face photograph. This includes mainly the iris capture. After this the next process for applying for the Aadhar Card is the biometric scanning of ten fingerprints. First the left hand fingerprints are captured followed by the right hand of the applicant. Next in row in the process of applying for the Aadhar card is the thumbprint capture of both the hands. After all this has been done the enroller has to sign off with his own finger print. After the above steps have been completed, the Aadhar card can be obtained within a time period of twenty to a maximum of 30 days time.

Aadhaar enrolment status

The top of your acknowledgement slip contains 14 digit enrolment number and the 14 digit date and time of enrolment. These 28 digits together form your temporary enrolment ID (EID).  Click Here

To know more about Aadhar Card : http://uidai.gov.in/

 

LIC Jeevan Saral

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Jeevan Saral

Jeevan Saral is a unique plan introduced by the Life Insurance Corporation of India (LIC).  Jeevan Saral is an endowment assurance plan, wherein the policy holder only needs to choose the amount of the premium and mode of payment. It supports the good features of the conventional plans as well as is as flexible as unit linked plans. Jeevan saral plan provides the policy holder with a higher life cover, a smooth return and liquidity and flexibility.

productnew5 250x250 LIC Jeevan Saral

 

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Online PAN Application

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Online PAN Application

In the case of online pan application, You can download the form from here. One single character initial is permitted to be used in the middle name field in PAN application for individuals. One important thing to be noted in the case of online pan application is that the proof of identity and the proof of address should match perfectly with the name provided in the online pan application. In the case of New online Pan applications, particularly in the case of individual and HUF applicants, the proof of office address along with the proof of residential address has to be submitted to the NSDL, in cases where the address for communication has been selected as office.

PanCard 300x188 Online PAN Application

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Pan Card Lost ?

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Pan Card Lost

Pan card lost? It is normal to get into fits of depression when you realize that you have your PAN card lost. However there is still hope. Here is what you should do when you have you pan card lost. First of all do not panic. Know that through a simple procedure, it is possible to obtain a duplicate PAN card in place of the pan card lost, from the Income Tax authorities in India.

know your pan 300x188 Pan Card Lost ?

If the Pan card has been lost then one has to notify the police and get an FIR from the local police station. Also a request has to be made to get a duplicate PAN card issues in place of the pan card lost. As the first step towards getting the duplicate of pan card lost, first and foremost you have to fill in a change request or correction form. This correction form can either be downloaded from the websites of UTI technology Services LTD or National Securities Depository Limited (NSDL), or even the Income Tax Department of India. Another way is to get a hard copy of the same from any of the branches of UTITSL and National Securities Depository Limited. By visiting the websites of UTITSL, National Securities Depository Limited or the Income Tax Department, the nearest centre can easily be located where you can obtain a replacement for the pan card lost.

 

Many websites also have this lost pan card forms available which can be downloaded for free. These website provide a link for the same and clicking on which the form for pan card lost can be downloaded at no extra cost, however make sure to keep an eye on spam and be sure that is not a face link before proceeding with the download. As the next step, fill out the pan card lost information on the form.

As a third step submit two photographs with the amount as specified to the IT office or the NSDL or the UTITSL centers. The duplicate PAN card would reach you in a matter of 15 days time. Another thing to be noted is that if you are sure that you have not got the PAN card delivered, then, a rectification form is to be filled and attach your letter that contains the PAN card number.

 

Kisan Vikas Patra

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Kisan Vikas Patra

Kisan Vikas Patra or KVP is a scheme which doubles the money invested in a time span of eight years and seven months. The minimum limit of money to be invested under this scheme of Kisan Vikas Patra is Rs. 100/-, however, there is no limit to the maximum investment. Any additional investments over and above Rs. 100/- is to made in multiples of Rs. 100/-. The scheme is available all throughout the year. The mode of operating KVP can either be single or join (with two or more investees), or minor with parent/guardian. In addition to this, any individual or body corporate can purchase a Kisan Vikas Patra by applying to the Post Office either with the help of a representative or with the help of an agent.  The tenure of investment of this scheme is eight years and seven months.

BL08PO1 652189f 300x197 Kisan Vikas Patra

 

As regards nominee, this facility can be availed at the time of opening of the account or at any time during the tenure of investment. If in case the investor/investors wish to withdraw the amount prior to its maturity, then the same can be done only after a time period of 2 and a half years starting from the date of investment. Also, if withdrawn prematurely, loser interest might be accrued. On maturity the money can be claimed by providing the proper identity of the investor/investors and also by discharge of the Kisan Vikas Patra certificate on the reverse.

 

Check out the features and Interest rates of Kisan Vikas Patra here

On maturity, KVPs can be submitted only at the Post Office where the same has been issued. If in case the Kisan Vikas Patra certificate has been lost then after the conduct of proper verification, a duplicate Kisan Vikas Patra certificate will be issued to the investor/investors. Similar is the case when the Kisan Vikas Patra certificate is lost due to theft, fire or if the certificate is mutilated. As per the Income Tax Act, no tax benefits are available for the investors under this Kisan Vikas Patra scheme. Kisan Vikas Patra is a good scheme for all retired persons who might be requiring financial support at a later date and also for those who are not having taxable income.

How to invest in gold and gold’s key price drivers?

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Investing in Gold and key price drivers have become the talking point lately among those who are involved in monetary markets. The recent surge of gold prices is being witnessed by the whole world. And many can’t wait to get themselves in this sector. However, there are many factors that you need to know about the market before you invest in it.

gold souk 300x224 How to invest in gold and golds key price drivers?  So how should we invest? Well, as you might already know, large buyers and official stockholders normally buy the metal from giant banks. London is the center of the worldwide spot gold market, having more than $33 billion in trades which passes through the city’s payment system each day. Taking into consideration the need to avoid security risks and cost, the bullion is usually not moved physically and deals are therefore cleared through paper transfers. But London is not the only significant market for physical gold as there are many others in India, China, the Middle East, Turkey, Singapore, Italy and the United States.
Stockholders can also enter the market through future exchanges, as people trade in contracts to sell or buy a specific product at a stable price on a particular forthcoming period.

China, India, Dubai and Turkey, all have launched futures exchanges.

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Mutual Fund Units Dematerialisation

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Mutual fund investors usually have lot of plans from different fund houses such as equity funds and debt funds. It is also from different fund houses.  If all are from one fund house them your work is easy. Otherwise keeping track of all these investments and fund houses are not an easy job. Internet is there to help you. We all use online facilities to most of our day to day works. All fund houses have their own websites and online facilities to help their valued customers.

mutual funds india 300x237 Mutual Fund Units Dematerialisation

If we get to see all our account together then it will be a great thing. It can be possible if you dematerialise your fund units and transfer them to your demat account. When you first hear about it, you feel it something difficult and complicated, but don’t worry, it is very easy. May be first time you face little problem but otherwise it is well organized as per your need. You need to fill up a conversion request form and submit it to the depository participant, with the statement of account.  The depository participant will verify it and forward it to the fund houses.

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