Monday, December 17, 2012

Tips for driving to Bhutan

1 Make sure that the vehicle's papers(including PUC) are in order.

2 For immigration, there are two queues at the border town of Phuentsholing. Take the tourist line! The long one is for work permits.

3 The immigration process needs a couple of photos and an id proof and its copy. Takes around 1.5 hours to process. We used passport copies.

4 Bhutan time is 30 minutes ahead of IST. Most offices run from 9 to 4. Bear this in mind and start very early for immigration.

5 The road safety and transport authority issues permits for your vehicle based on your destination. This office closes at 3.30pm. If you miss it, you're stuck at the border.

6 Getting a new sim card is easy. Tashi and B mobile are the main vendors.

7 Indian rupee is welcome everywhere and fuel is cheaper than in India. There might be antifreeze in it though!

8 The roads are narrow and lovely and dangerous. Do not blow horn unless it is an emergency. No one uses horns in Bhutan. Or uses the wrong side.

9 Overtaking is another no no. Overtake only if the vehicle ahead moves to the shoulder and signals you. Makes sense in roads where a miss can land you in a two km free fall.

11 Stones, rocks, etc may fall on the road and your vehicle. Do not panic and swerve.

12 Parking charges are hefty in Thimphu. Starts from around 20 rupees.

Wednesday, December 12, 2012

Tax benefits of Rajiv Gandhi Equity Saving Scheme

From the current financial year ending March 31, 2013, there is an opportunity to save up to 50% of the amount invested in notified equity schemes under newly inserted Section 80CCG. The income tax savings under this can be a maximum of INR 25,000.
The deduction under this section is available, if the following conditions are satisfied:
  • The Assessee is a resident individual
  • Gross total income does not exceed INR 10 lakhs
  • Is a new retail investor as specified in ”RGESS”
  • The stocks listed under the BSE 100 or CNX 100, or those specified public sector undertakings would be eligible under the scheme.  Follow-on Public Offers (FPOs) of the above companies would also be eligible under the Scheme. IPOs of PSUs, which are getting listed in the relevant financial year and whose annual turnover is not less than Rs.4,000 Crores for each of the immediate past three years, would also be eligible.
  • Exchange Traded Funds (ETFs) and Mutual Funds (MFs) that have RGESS eligible securities as their underlying and are listed and traded in the stock exchanges and settled through a depository mechanism have also been brought under RGESS.
  • Investments are allowed to be made in installments in the year in which tax claims are made.
  • The total lock-in period for investments under the Scheme would be three years including an initial blanket lock-in period of one year, commencing from the date of last purchase of securities under RGESS.
  • After the first year, investors would be allowed to trade in the securities subject to fulfilling certain requirements as specified in the scheme.
  • The closing price as on the previous day of the date of trading will be considered for valuation of shares.
  • In case the investor fails to meet the conditions stipulated, the tax benefit will be withdrawn.
Here are some links that you can visit to familiarize yourself with this scheme.

Sunday, December 2, 2012

How to renew your passport without police verification ?

Three to Six months before expiry date of the Passport, Indian citizen can apply for its renewal. Make sure, your Passport is eligible or already entitle for ECR (Emigration Clearance Required) or ECNR (Emigration Clearance Not Required) status to get proper status.

Since, the passport validity has not expired, no police verification will be required. After the application is submitted, the passport will be delivered in 15-20 days.

Now, the passport application has to be submitted at the Passport Seva Kendra. For this, the applicant has to register himself on the Then, e-form has to be downloaded. After filling the details, upload the e-form and get an appointment. Reach at the scheduled date and time at the allocated PSK along with original and photocopy of to-be expired passport and address proof.

Once applied for Renewal of the Passport, it is based on your submission (Tatkaal or Normal) - it will be delivered. Tatkaal service takes maximum 7 days to delivery, whereas Normal service takes maximum 1 to 2 months for delivery.

How to get AADHAR or UID (Unique Identification Number) card?

How to get AADHAR card or UID card?

Long back, Government authority took survey on each area in India to get the residents detail in order to save their personal and confidential data to proceed for Aadhar cards next pace. It is possible for all the residents that they might have given their complete detail so far to relevant authority upon AADHAR survey taken during 2010-11.

After this process, if you would like to know how to get an Aadhar card for you right now, you have to approach nearest Aadhar card processing center where they distribute Aadhar card application form which you have to collect and fill it accordingly. Once you filled the Aadhar card application form, you have to submit application form along with relevant credential such as, Address proof and Identification proof to relevant authority to move further.

How to proceed for AADHAR card or UID card

To process Aadhar card, there might be a long queue in the center; you can go and process it during week-days to done it quickly, you will face problems in long queue if you go for its process on Weekends (Saturday and Sunday). Many citizens don't know how to proceed for AADHAR card even though there guideline and huge advertisement via newspaper, television and local area news etc.

You have nothing to worry on this process even if you have no basic ideas about Aadhar card procedure. You will get question yourself upon processing Aadhar card like what are the document we supposed to submit for Aadhar card at the center, when Aadhar card will dispatch to your resident at address given, who will contact us when Aadhar cards comes to our nearest Post office, what is the benefit of Aadhar cards etc. Once you approach the Aadhar center, they will verify your documents and then they will say you "Yes" or "No" for next pace. If everything is going well, then you have to get the right things done on its way.

AADHAR card or UID card Process

Aadhar card authority will cross check your document and they will let you know in case you miss some document or application detail. If everything is correct, then Aadhar card authority will let you know and go for the next step with your valid document and AADHAR application. Now, you have to proceed to next counter (or sometime they get the application only at the counter and possible that they might call you at your mobile number given after some days as an appointment to process it).

The next counter authority will let you sit in front of the computer system at their premises once cross checking your Aadhar application credentials. Authority will ask you to touch a small system for getting fingerprints, and they will let you know to see on a small device for eyes-scanning, once they are done, authority will then enter your name, address, contact number and other personal detail into their system, and they will let you cross check the detail entered and ask for missing in the system if any.

AADHAR card acknowledgment

Once the entire Aadhar card process is confirmed with you, the next question will be from authority is, whether you would like to open a saving bank account or associate an existing saving bank account with AADHAR card. It will happen before finishing the final touch process on Aadhar cards, after the confirmation on this, the authority will then take a print out and give you Aadhar card acknowledgement where you have to keep the receipt for its further claim.

Other than the queue, this process will take around 10 to 15 minutes, if there is long queue – then you have to spend almost a day to finish this process with authority. Once you get Aadhar card acknowledgement, you have to just wait for few months or maximum for three months to get your AADHAR original card from Government concern.

Aadhar card useful and advantage

Aadhar card will help you to keep as an Indian citizen card with its unique number; it will help you for various legal matters such as Address proof, identification proof, personal detail contents, authority relevance matter and other various identification proofs on any legal affairs. You will receive this card by registered post, you will receive a call (phone number given in application form) from nearest Post office where you have to get post office authority name to reach and contact for further claim on your Aadhar cards.

Once you received your Aadhar card from the post office authority, you may check it out and cut the below side of the Aadhar card where cutting mark mentioned, this card size is as same as normal identification card after cutting it but you will get this Aadhar card as a long size one. Upper portion of this card can keep aside for further and future reference required if any. Also, you may laminate Aadhar card if you would like to protect it from any damages in the future.

What is AADHAAR? AADHAAR or UID (Unique Identification Number), UID project renamed as AADHAAR

AADHAAR project helps Government and Resident of each state in India that could be obtained a 16 digit Unique Identification Number (UID) or AADHAAR by the citizen and proposed to get in November 2010 for its first phase; it is stands on the data collected during the continuing survey operations that could be completed by May 15 to July end, 2010 in India.

In this UID / AADHAAR operation in India, the first stage pictured house listing and housing survey during the 45 days to extended period operation in India. It may be achievable to issue UID / AADHAAR to citizens in six months after the first stage survey is completed. As per survey, information collected in the first round assessment will not only help in forming a precious database, but also the country's first ever national popular register (NPR).

The census data in India will be made available to Unique Identification Authority of India (UIDAI) / AADHAAR after the first stage process in India is completed by September this year 2010. AADHAAR, which will be issued the UID to citizens and Registrar General and Census Commissioner have arrived at an understanding over distribution of the database.

From this project, every citizen of India will not only be identified by a separate number, but also his individual details will be filed in the NPR, sources said, adding that AADHAR has taken it up as a challenge to issue the Unique Identification Number to all citizens. The census may happen once in ten years, but the UID will be a continuous process and the information may go on changing.