billiga hotell i london Top Blogs Beautiful World: April 2013

Monday, April 29, 2013

Train Routes in India while on Holidays and Various trains

Train routes in India
In India there are many places to visit and people like traveling but it is a different experience traveling by train .It is a excellent experience listening to the sounds and the  fascinating sights during the train ride. Its is mind blowing seeing  the train winding its way through hills, valleys, forests and creeks.

Below are a list of Train routes which you may like to go with while on holidays in India...

Monday, April 22, 2013

Security checks before using credit card?

Steps to keep you Credit card safe from Misuse
credit card security

The credit card is a much maligned and revered instrument occupying space in everyone’s wallet. It can be misused easily by anyone if they have acess to you credit card details as with the growing market of online purchases it is very easy for a fraudster to misuse your card. It has many advantages and disadvantages both depending on how you use it, the security issues of owning and using a credit card need to be taken seriously.

STEP 1: Be careful with your personal information. Don’t share details like your official date of birth, mother’s maiden name amongst other such information. Don’t share your credit card number either. Especially don’t reply to phonecalls and emails supposedly from your bank or credit card company asking you to share your personal info.If anyone has access to the above information then they can easily change the details over phone and then can misuse your card without even you getting a alert.

STEP 2: Get your card swiped for billing in front of you. If you use your card a lot at petrol pumps or you dine out a lot, then preferably scratch out the CVV numbers (last three digits of the number on the reverse of your card). Memorise the CVV number for your transactions or note it down somewhere safe. One of the most common cases of credit card fraud is of petrol pump attendants and restaurant staff using the data on your card along with the CVV number even if they are themselves not indulging in such activities, they can very easily sell such data to fraudsters.

STEP 3: Use the transaction alert facility with your credit card company, so that you are aware the instant your card has been used for any transaction. A fraud can still be committed but you can atleast take corrective action immediately and avoid paying for charges not your own. Keep the credit card company helpline number saved on your phone and call them to check any discrepancy.

STEP 4: In fact you should go through your card statement in great detail the moment you get it and call the card company for any transaction or charges that you don’t understand or make. Preferably get online access to your credit card and keep checking it off and on to be sure only activity authorised by you is taking place.

STEP 5: Use only sites that are safe and legitimate, and that have a secure payment gateway that starts with ‘https’ and not ‘http’ this ensures that your data is being sent in an encrypted manner and hence is protected. Look for a locked padlock before going ahead with an online transaction. Do not use public computers for online shopping or transactions if in emergencies you have to use computers other than your own, then delete the cache information, don’t save passwords and use the screen keyboard to enter your passwords.

STEP 6: A credit card protection plan is an insurance cover against loss, theft and fraud of credit, debit, ATM, membership or loyalty cards. It makes sense, especially if you travel a lot, or need to entertain socially and professionally basically if the usage of your cards is high and by nature you are not very meticulous, careful or cautious.

If at any point of time your card is misused then you can always go in for a chargeback but this takes time and a lot of effort. It is always better to be safe than sorry.


Sunday, April 21, 2013

Apply online for PF transfer, withdrawals from July 1: EPFO

Over 50 million subscribers of the retirement fund body EPFO will be able to apply online for transfer and withdrawal of their provident fund from July 1, a move aimed at speedy settlement of claims.
"We have decided to set up a central clearance house which will be operational on July 1. This will enable subscribers to apply online for settlement of the withdrawal and transfer of funds claims," EPFO's Central Provident Fund Commissioner Anil Swarup told reporters at PHD conference.

"The biggest problem faced by the subscribers is transferring their accounts on change of job. This central clearance facility will expedite the process", he added.
The facility will enable subscribes to track online the status of their applications for transfer and withdrawals.
However, the EPFO's ambitious plan to provide permanent account number to all subscribers would be possible by early next year.
"It would be done in 8-10 months. Since the process of providing permanent account number to all subscribers will take time, we thought of setting up central clearance house first," he said.
Under the new system, the onus of verifying the details of the PF account from previous employers would be on the EPFO. At present, employees have to get their applications verified from their employers for settlement of claims.
"The onus of getting the detail of the PF account verified from employers would be on the Employees' Provident Fund Organisation (EPFO) in the new online system for transfer and withdrawal claims," Swarup said.


Tuesday, April 16, 2013

Life Insurance policy and its Tax Implications on Maturity

Secure your family by taking Insurance
 Smart Investing Tips and Tax savings strategies

It is a tendency of  people do their investment planning at the end of the Financial year which is March ,hence majority of life insurance policies are purchased on tax considerations only and that too in the last quarter of the financial year. No wonder, many of end up committing some mistakes while buying insurance, just in a hurry to save tax. However, now that we are through with the last minute activity, and have entered into the new financial year, it is time that we take a fresh look at the various provisions on insurance as contained under the income tax laws.

Here I would like to throw light on  the aspects of tax treatment of Life Insurance Premium as well as tax treatment of money received from insurance company. Taking a Life insurance policy is about taking a policy which helps you with both securing the future of your dependents as well as give you a decent return on Survival.