Financial Express

The ongoing Aadhaar-mobile SIM card re-verification process has just become a little easier for people across the country. Consumers can now simply dial a central number, regardless the network, to link their mobile number with Aadhaar number. This will bring a sigh of relief for consumers across the country, who only had the option to visit offline stores run by their operators to link the two till now. Now, they can use the IVR (Interactive voice response) service from their homes instead, cutting out the hassle involved in going to physical outlets. Consumers have till February 6 to link their mobile number with Aadhaar. How to link Aadhaar with mobile phone number If you want to re-verify your phone number by linking it to Aadhaar, the process is rather simple. You just need to keep your Aadhaar number at hand. Whether you are on Airtel, Idea, Jio and Vodafone or any other operator, you simply need to call the toll-free number 14...

As per the present income tax laws, under Section 80C of the income tax act, you can claim deduction for investments up to Rs 1.5 lakh in tax-saving fixed deposits. The amount so invested is to be deducted from gross total income to arrive at taxable income. Below are a few important points you should be aware of before investing in tax saving FDs. 1 . Only Individuals and HUFs can invest in tax saving fixed deposit(FD) scheme. 2. The FD can be placed with a minimum amount which varies from bank to bank. 3. These deposits have a lock-in period of 5 years. Premature withdrawals and loan against these FD's are not allowed. 4. A person can invest in these FD's through any public or private sector bank except for co-operative and rural banks. 5. Investment in Post Office Time Deposit of 5 years also qualifies for deduction under section 80 (C) of the Income Tax Act, 1961. 6. Post Office Fixed deposit can be transferred from one Post office to another. 7 One ca...