Forum Admin

Forum Admin

What is Income act of 1961?

The Income Tax Act of 1961 is an act of the Parliament of India that governs the taxation of income earned by individuals, businesses, and other entities in India. The act was first introduced in 1961 and has since undergone…

What is Home loan exemption in income tax?

In India, home loan borrowers can claim tax exemptions on both the principal and interest components of the loan under the Income Tax Act of 1961. These exemptions are available under the following sections: It is important to note that…

What is Mobile Banking?

Mobile banking is a service provided by banks and financial institutions that enables customers to carry out various banking activities and transactions using their mobile devices, such as smartphones or tablets. Mobile banking allows customers to access their accounts and…

What is internet banking?

What is internet banking? Internet banking, also known as online banking or e-banking, is a service provided by banks and financial institutions that allows customers to perform various banking transactions and activities using the internet. It allows customers to access…

What is Aadhaar Seeding?

What is Aadhaar Seeding process? Aadhaar Seeding is a process that involves linking an individual’s Aadhaar number with their bank account, mobile number, and other government schemes and services. Aadhaar is a 12-digit unique identification number that is issued to…

What is UIDAI?

What is UIDAI? The Unique Identification Authority of India (UIDAI) is a statutory authority established under the provisions of the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits, and Services) Act, 2016. The primary objective of UIDAI is to…

What is OTP Code?

What is OTP Code? In today’s digital age, the importance of online security cannot be overstated. One of the primary tools that ensure online security is the use of OTP codes. OTP, or One-Time Password, is a unique code that…

We would like to keep you updated with special notifications. Optionally you can also enter your phone number to receive SMS updates.