The FinTech Hub
Source: Live Mint Permanent Account Number, or PAN, is an identification number that provides lenders with a complete image of the credit pattern. It helps monitor the monetary transactions of citizens and curbs all those transactions that happen outside of the legal framework. It is vital to link the PAN card number with all the…
Source: Live Mint However, this means that low-income earners are left with low-growth savings or sometimes end up watching their lifetime savings disappear after investing them in fraudulent schemes. Mint talked to people who tried to get their house helps to invest in mutual funds. The problem starts from trying to convince them to opt…
Source: Live Mint To simplify and to make the process of allotment and activation of UAN stronger, EPFO (Employees Provident Fund Organisation) has launched a number of features in the UMANG app while leveraging the face authentication technology (FAT). Now, EPFO subscribers can use this technology for allotment and activation of Universal Account Number (UAN)….
Source: Live Mint Ministry of finance has clarified that PAN (Permanent Account Number) can be linked to Aadhaar without paying late fee if application for aadhaar was filed before October 1 last year. This linking, however, must be completed before December 31 of this year. There are scores of taxpayers who got their PAN based…
Source: Live Mint Employees Provident Fund Organisation (EPFO) has announced to extend the last date for UAN activation and aadhaar seeding in bank account of all the employees till Feb 15, 2025. This deadline has been extended multiple times. The earlier deadline was set at Jan 15 before it was extended to Feb 15 as…
Source: Live Mint Are you contemplating applying for a credit card and worried over the delay that the banks take in issuing it? Well, there is an alternative – you can instead apply for an instant credit card. Those who are not aware – an instant credit card is issued instantly, sometimes within a few…
Source: Live Mint Similarly, for opening a dematerialised (demat) and share trading accounts or for investing in mutual funds, a copy of your Aadhaar card must be scanned and uploaded as address proof and the PAN card as identity proof in the e-KYC window. It’s said that we live in a digital era where everything…
Source: Live Mint A new month has begun and the year 2024 is about to culminate in a span of 31 days. With this, some changes have come into effect, or set to be effective, which will directly impact your pocket in terms of the money you can save or invest for your future. Starting…
Source: Live Mint The Employees provident Fund Organisation (EPFO) has announced that certain classes of employees do not need to seed Aadhaar for the settlement of their physical claims. Typically, EPFO subscribers should seed their UAN (Universal Account Number) to Aadhaar for settling claims; some exceptions have recently been incorporated via a circular dated November…
Source: Live Mint If you are in the process of changing your job then the Employees Provident Fund Organisation (EPFO) has an important message for you. The retirement fund body has told the employees that they do not need to apply for a new UAN (Universal Account Number) at the time of changing jobs. This…
