You can claim a refund if more taxes have been paid than your actual liability. You can track the status of your Income Tax Refund online with the Income Tax Department. Using your Permanent Account Number (PAN) and Assessment Year, you can track the progress of your refund.

Getting a tax refund begins once your return is e-verified by the tax department

• Your bank account will receive the refund within 4-5 weeks
• This procedure should be followed if you do not receive the refund within 10 days:
  • Make sure your ITR is accurate by checking the intimation (Login to the e-filing portal, click on e-File, Income Tax Returns, and view the filed returns).
  • If you have not received a refund notification from the Income Tax (IT) department, please check your email.
  • Below are methods for checking the refund status

Read More : How to know Your PAN Card Details

What is an Income Tax Refund?

Refunds in income tax are given to taxpayers whose taxes have been paid more than what they owe during a particular financial year. The taxpayer returns excess tax paid to the government. Individuals and businesses may end up paying more tax than their actual tax liability when they pay income taxes through tax deductions at source (TDS), advance tax payments, or self-assessment tax. A deduction is excessive or a deduction is reduced by a credit or exemption.

A tax assessment is calculated based on the income and deductions declared by the taxpayer when they file their income tax return. Overpayments of tax are refunded to taxpayers when assessed tax liabilities are lower than taxes paid. Your income tax refund will be processed once you have completed your e-filing.

How to Check Income Tax Return refund status?

Below are two methods for checking your refund status:

• TIN NSDL website
• Income tax e-filing portal

Refund Status check on TIN NSDL Portal

Check your refund online at this site https://tin.tin.nsdl.com/oltas/refund-status-pan.html

Click ‘Submit’ after entering your PAN, AY, and captcha.

How to do Income Tax Refund Status Check through an E-Filing Website?

1: Log in to your account on the income tax portal (https://eportal.incometax.gov.in/iec/foservices/#/login)

2: To view filed income tax returns, click ‘e-File’, then ‘Income Tax Returns’.

3: View your income tax returns for the current year and the past year.

4: Your income tax refund status is displayed once you click on ‘View details’, as shown below.

Income tax refunds can be claimed if you paid more taxes than needed.

Tax refund = Advance Tax paid (or Tax Deducted at Source or Taxpayer Identification Number) – Total tax liability for the current year.

An excess tax paid (in the form of Advance Tax, TDS, TCS, or Self-Assessment Tax) can be claimed as a refund if it is greater than the actual tax amount due. A refund claim will be validated by the income tax department before being initiated.

You can also check the Income Tax Refund Status through Tax2win

How to Check the ITR Status through Tax2win?

• Select the relevant assessment year and enter your PAN and email address
• To check the status of your ITR, enter the acknowledgment number

Read More : How to Buy Bitcoins in India?

What are The Different Types of ITR Status?

• Not Determined: Your tax return has not been processed because the amount refundable is unknown.
• Refund Paid: Your bank account has been credited with your income tax refund.
• No e-filing for this assessment year: Your income tax return has not been filed. You may have manually filed it as well.
• ITR Proceeds determined, and sent to Refund Banker: Our team has processed your income tax refund.
• Refund unpaid: This status indicates that your refund still hasn’t been received.
• No Demand No Refund: When this occurs, you do not need to request a refund from the tax department.
• Demand Determined: The income tax department has rejected your request for a refund since their calculations indicate that you should pay more taxes.
• Contact Jurisdictional Assessing Officer: Your income tax return details need some clarification.
• Rectification Proceeds, refund determined, sent out to refund banker: The IRS has approved the corrected refund request.
• Rectification Proceeded on, No Demand No Refund: No demands or refunds are pending the outcome of your rectification request.
• Rectification processed, and demand was determined: Refund requests that have been rectified have been accepted. Taxes are still due. Upon receipt of this notice, you will have 30 days to pay.

Read More : How to Generate SBI ATM PIN

Conclusion

By any chance, if you pay more tax than needed then you can claim a refund using a few processes. The purpose of this blog is to provide taxpayers seeking refunds for excess taxes paid with beneficial information to help them manage their tax refunds efficiently. Using the Income Tax Department’s online tracking portals, the article stresses the importance of accurate filing and e-verification. TIN NSDL and Tax2win offer alternative methods for users to monitor their refund status, such as the TIN NSDL website. This blog provides clear explanations of various ITR statuses to help taxpayers navigate potential refund scenarios, helping them remain informed throughout the refund process, ultimately leading to a smoother and more efficient refund process.

The post Income Tax Refund- How to Check Income Tax Refund Status For FY 2022-23 (AY 2023-24)? appeared first on Check it How.

The income tax department allows individuals and various entities such as banks, corporations, and commercial establishments to verify an individual’s PAN information. This verification process helps ensure the authenticity of the PAN card and helps detect any instances of forgery.

To ascertain the validity of their PAN card, individuals can utilize the PAN verification service provided on the official e-filing page of the IT department. To avail of this function, it is necessary to recall your PAN.

Discover Your PAN Card Number through the Income Tax Website

To obtain information about your PAN card, you’ll need to follow a slightly more detailed process. Once you register on the Income Tax Department’s e-Filing website, you can access your PAN details, including your address.

Follow the step-by-step instructions below:

1: Visit the Income Tax Department’s e-Filing website.

2: Click on the ‘Register Yourself’ button.

3: Choose the appropriate user type and click “Continue.”

4: Fill in your basic information in the provided fields.

5: Complete the Registration Form and click the “Submit” button.

6: An OTP (One-Time Password) will be sent to the email address and phone number you provided.

7: Enter the OTP and complete the registration process.

8: Sign in to your account on the e-Filing website.

9: Click on “Profile Settings.”

10: Select “My profile.”

Discover Your PAN Number by Name and Date of Birth

PAN cardholders can now find their PAN number by simply providing their name. This means you can know your PAN by name and date of birth.

To find your PAN number using your name and date of birth, follow these steps:

Please note that there is currently no mechanism to check PAN Card data using only Name and Date of Birth. However, you can check your PAN Card details by validating your PAN and entering your name and date of birth.

To validate your PAN Card, follow these steps:

1: Go to the e-Filing main page of the Income Tax Department.

2: In the “Quick Links” section, click on “Verify your PAN Details.”

3: Enter your PAN, complete name, and date of birth.

4: Select your status, such as individual, Hindu undivided family, association of persons, body of individuals, corporation, government, artificial juridical entity, local authority, or corporation or trust.

5: Enter the “Captcha Code” for verification.

6: Click on “Submit.”

7: You will be directed to a new page stating, “Your PAN is Active, and the information matches with the PAN Database.”

Discover Your PAN Card Number via Email

You can find out the details of your PAN by sending an email. Send an email to either tininfo@nsdl.co.in (NSDL’s official email address) or utiitsl.gsd@utiitsl.com (UTIITSL’s official email address).

Discover Your PAN Card through the Mobile Application

You can also retrieve information about your PAN card using the Indian PAN Card mobile app. Follow these instructions:

1. Install the PAN Card mobile app on your smartphone.
2. Open the app and go to the bottom of the main page, then click on ‘Know your PAN details.’
3. Enter the required information, including your mobile phone number.
4. You will receive a One-Time Password (OTP) on your phone. Enter the OTP in the provided box and click the Submit button.
5. You will be able to access your PAN Card Information, including your PAN Card number.

Frequently Asked Questions about Your PAN Card

Q1. Is a PAN card without a signature valid?

Ans – A PAN card must be digitally or physically signed during the application process to be considered valid.

Q2. Is an Aadhaar card necessary to obtain a PAN card?

Ans – Currently, linking your Aadhaar to your PAN is required for filing your Income Tax Return. When applying for a PAN card, confirming your date of birth with an Aadhaar card is recommended.

Q3. Can I obtain my PAN card within three days?

Ans – After submitting the PAN Card application form, it usually takes around 15-20 working days for the card to be issued. However, it is possible to receive your PAN card in 2-3 days in certain cases.

Q4. Can I get a copy of my PAN card?

Ans – Yes, you can obtain a soft copy, known as an e-PAN card, from the NSDL website. To obtain the e-PAN card, you will need your Acknowledgement number and date of birth.

Q5. Is it mandatory to provide the date of issuance of my PAN card for verification?

Ans – The date of issuance of your PAN card is not required for verification purposes. However, it is important to know where on the card the PAN issue date is located. The issuance date can be found vertically on the bottom right of the PAN card.

Q6. Can I retrieve my PAN card details using my PAN number?

Ans – Yes, you can access all the necessary details of your PAN card by using your PAN number.

The post How to know Your PAN Card Details appeared first on Check it How.

SBI offers various types of debit cards to its customers. Here is an overview of the different SBI debit cards and their benefits:

1) SBI IOCL Co-branded Contactless Credit Card: This RuPay debit card is contactless and equipped with an EMV chip for enhanced security. It is available to both new and existing SBI customers. Cardholders can earn additional reward points at IOCL retail outlets.

2) SBI My Card International: This SBI My International debit card features an EMV chip and allows cashless shopping without the need to carry cash.

3) SBI Mumbai Metro Combo Card: The State Bank Mumbai Metro Combo Card serves as a payment and access card for Mumbai Metro commuters. It eliminates the need to queue for tickets and can be used for online purchases, payments, and cash withdrawals in India and globally.

4) SBI Global International Debit Card: With an embedded EMV chip, the State Bank Global International Debit Card provides comprehensive security against fraudulent transactions. Cardholders can enjoy cashless shopping worldwide and earn Freedom Rewards points on every debit card purchase.

5) SBI Gold International Debit Card: The State Bank Gold International Debit Card offers flexibility for point-of-sale and online transactions, with a transaction limit of Rs. 2 lakhs. Cardholders receive complimentary life insurance coverage and purchase protection insurance for up to Rs. 5000/-.

6) SBI Platinum International Debit Card: As a Platinum member of SBI, cardholders can use the State Bank Platinum International Debit Card for purchasing goods, booking flights, paying bills, and conducting online transactions. Triple reward points can be earned by making three consecutive purchases. The card also provides complimentary life insurance coverage and purchase protection insurance.

SBI ATM PIN Generation:

SBI has introduced the Green PIN initiative to simplify the process of generating or changing the ATM PIN. Instead of traditional PIN mailers, customers can now generate their PIN using various methods.

Here are the ways to generate SBI ATM PIN:

1) Through SBI ATM Vestibule: Visit an SBI ATM vestibule.
2) Through SMS: Send an SMS to the designated number using your registered phone number.
3) Through Customer Care Service: Call the customer support number for assistance in PIN generation.
4) Through Internet Banking Services: Use the SBI Internet banking portal to generate your PIN.

The procedure for generating SBI ATM PIN through an ATM:

Step 1: Insert your debit card into an SBI ATM.
Step 2: Select the option for PIN Generation.
Step 3: Enter your 11-digit account number and confirm.
Step 4: Provide your registered mobile number and confirm.
Step 5: You will receive a Green PIN on your registered number.
Step 6: Remove your card and insert it again to generate the actual debit card PIN using the Green PIN.
Step 7: Enter the OTP received on your phone number.
Step 8: Choose the PIN Change option and select the transaction.
Step 9: Enter your preferred 4-digit PIN.
Step 10: If the process is successful, you will receive a message confirming the PIN change.

SBI ATM PIN can also be generated through SMS by sending a specific message to the designated number. Internet banking users can generate their PIN through the SBI online portal.

By adopting the Green PIN initiative, SBI aims to eliminate the risks and inconveniences associated with traditional PIN mailers and offer customers a simpler and more secure way to generate their ATM PIN.

The post How to Generate SBI ATM PIN appeared first on Check it How.

Buying bitcoins can be complicated. Here are some things to keep in mind.

Bitcoin in India: How to buy it legally?

A new investor’s first question about Bitcoin is often ambiguous. For those who want to invest in Bitcoins without breaking any laws, they can take the following steps:

Aadhaar and PAN cards are essential documents that investors need to submit. The KYC process needs to be completed thoroughly after that.

Bitcoin must be purchased on a cryptocurrency exchange to be purchased.

The payable amount can be transferred from the investor’s bank account to the crypto exchange once the order is placed. Other digital payment methods used for routine transactions include RTGS, NEFT, debit or credit cards, and others.

A cryptocurrency exchange provides investors with cryptocurrency wallets through which they can safely store their Bitcoins.

A significant feature here is that any transaction is recorded on the public ledger as well as that transaction id rather than names of sellers or owners are used to identify transacted Bitcoins.

Read more: How to optimize your website for better search engine rankings

Where to buy it?

Coindesk, ZebPay, and Coinbase are a few digital platforms that offer cryptocurrency exchanges.

Investing in Bitcoin is made easier on these digital exchanges, which offer the current market price for the cryptocurrency. These digital exchanges also allow one to buy Bitcoins using an international credit card.

The mobile application offered by some cryptocurrency exchanges is compatible with Android and iOS devices. In this way, potential investors can instantly transact and transfer funds using their smartphones and bank accounts.

Before trading in Bitcoin, you must complete a KYC process. In India, Bitcoin cannot be purchased without a PAN card. A cryptocurrency exchange must also be able to link an investor’s PAN card to the bank account used for withdrawals and transfers.

Before attempting any Bitcoin transactions, it is also advised to find out what minimum investment is required.

What Is the Minimum Investment Required for Bitcoin?

Similar to stocks, there is no specified minimum limit for investing in Bitcoin. In India, investors have the flexibility to purchase small units of Bitcoin if they do not wish to acquire the entire cryptocurrency.

Once registered, individuals can deposit funds into their wallets and use this amount to buy Bitcoin. In India, the minimum capital required to buy Bitcoin is Rs.100. However, this limit may vary among different cryptocurrency exchanges.

However, it is important to not only focus on trading Bitcoin but also on securely storing the digital currency after purchase.

Read more: How to develop a successful referral partner campaign

How to Safely Store Bitcoin?

Bitcoin is stored in a blockchain wallet. This type of wallet not only holds the currency but also stores the keys necessary for transactions, encryption, and signing of information, ensuring the security of funds.

There are two types of wallets available:

Cold Wallets: These wallets store users’ private keys offline and work in conjunction with compatible software on a computer. As they do not store information digitally, cold wallets provide a higher level of security.

Hot Wallets: Hot wallets operate with internet connectivity and allow users to send and receive digital tokens for basic transactions. They come in various forms based on the software used, including desktop wallets, web wallets, and mobile wallets.

Important Points to Consider When Buying Bitcoin in India

Here are a few key points to keep in mind when you Buy Bitcoins in India:

1. Gain a comprehensive understanding of the global and Indian crypto capital markets. Conduct thorough research using reliable online sources and websites.
2. Monitor the price movements of digital coins, including the share of Bitcoin in the market. Various online platforms and exchange platforms provide daily updates on cryptocurrency prices.

Your Consideration when you Buy Bitcoins in India

While Bitcoin has the potential for high returns within a short period, it is still a relatively new instrument in the Indian market and carries high volatility. Additionally, it’s important to note that the Reserve Bank of India (RBI) has not yet made it a legal tender, which introduces risks of capital loss.

Therefore, it is crucial for investors to carefully evaluate the downsides and risks associated with this investment before making a decision.

Frequently Asked Questions:

1. How can I buy Bitcoins in India?

   • To buy Bitcoins in India, you can sign up on a reputable cryptocurrency exchange, complete the verification process, deposit funds into your exchange account, and then place an order to purchase Bitcoins.

2. What’s the current Bitcoin price in India?

   • The current Bitcoin price in India can fluctuate frequently. You can check real-time prices on popular cryptocurrency exchange websites or mobile apps that provide price tracking.

3. What is the Bitcoin symbol, and how is it used?

   • The Bitcoin symbol is represented as “₿,” and it’s used as the currency symbol for Bitcoin. It’s commonly used in financial contexts to denote Bitcoin in written and digital communication.

4. Are there any additional costs associated with buying Bitcoins in India?

   • Yes, there can be additional costs when buying Bitcoins in India. These costs may include transaction fees charged by cryptocurrency exchanges and network fees for processing Bitcoin transactions. These fees can vary depending on the platform and network congestion.

5. Is there a limit to the supply of Bitcoins?

   • Yes, there is a supply limit for Bitcoins. The maximum supply of Bitcoins is capped at 21 million coins, as specified by the Bitcoin protocol. This scarcity is a fundamental feature of Bitcoin and contributes to its value as a digital asset.

The post How to Buy Bitcoins in India? appeared first on Check it How.

UPI के इस्तेमाल के लिए आपको एक बैंक खाता, उससे जुड़ा मोबाइल नंबर और एक मोबाइल एप्प की आवश्यकता पड़ती है। यदि आपके स्मार्टफ़ोन में UPI App है तो आप आसानी से पैसा ट्रांसफर कर सकते हैं।

UPI से पहले प्रचलित पेमेंट के विभिन्न माध्यम

प्राचीन काल से ही व्यापर-विनिमय के लिए मुद्रा का लेन-देन होता आ रहा है। समय के साथ-साथ मुद्रा के रूप में भी बदलाव आता रहा है। अलग-अलग समय पर कौड़ियों, चमड़े के सिक्कों, सोना चाँदी जैसे बहुमूल्य धातु के सिक्कों, कागज़ी नोट आदि का उपयोग होता रहा है।

जैसे-जैसे तकनीक का विकास होता गया वैसे-वैसे भुगतान के तरीके भी बदलते गए। चेक, डिमांड ड्राफ्ट, पे आर्डर, मनीआर्डर आदि का समय भी आया और चला गया। आज के समय में इंटरनेट के उद्भव ने भुगतान के लिए ATM, NEFT, RTGS, SWIFT, IMPS , BHIM और UPI जैसे नए आयाम प्रदान किये हैं।

इन सब माध्यमों ने नकदी के लेनदेन को काफी कम (Cashless) कर दिया है, और चन्द क्लिक और मोबाइल स्क्रीन को टैप करके हम चुटकियों में पैसा ट्रांसफर या प्राप्त कर सकते हैं।

जबसे UPI का इस्तेमाल बढ़ा है तबसे कुछ नए तरह के फ्रॉड भी होने लगे हैं, आगे हम यह भी पढ़ेंगे की आप कैसे ऑनलाइन ठगी से अपने आप को सुरक्षित रख सकते हैं?

What is UPI?(in Hindi). हिंदी में UPI की जानकारी

वर्ष 2008 में रिज़र्व बैंक और अन्य बड़े बैंकों ने मिलकर भारतीय राष्ट्रीय भुगतान निगम अर्थात National Payments Corporation of India (NPCI) नामक संस्था का गठन किया। इस नॉन प्रॉफिट संस्था का मुख्य उदेश्य देश की अर्थव्यवस्था में पैसे के लेनदेन को सुगम बनाना है। इसी कड़ी में NPCI ने 2016 में UPI की शुरुआत की।

आपके बैंक की यूपीआई एप्प आपको एक वर्चुअल पेमेंट एड्रेस (Virtual Payment Address – VPA) रजिस्टर करने की सुविधा प्रदान करती हैं। जिसके इस्तेमाल से आप पेमेंट का अदन प्रदान कर सकते हैं।

VPA का स्वरुप ईमेल एड्रेस से मिलता जुलता होता है, उदहारण के लिए कुछ ऐसे :

VPA Example: username@bankid

आप अपनी UPI एप्प पर किसी भी beneficiary का वपा आईडी एंटर करके तुरंत भुगतान कर सकते हैं। यह सुविधा 24 घंटे और सातों दिन काम करती है। रविवार और अन्य छुट्टियों के दिन भी आप इससे पैसे का लेनदेन कर सकते हैं।

UPI के फायदे और लिमिट

यह सुविधा रियल टाइम बेसिस पर काम करती है मतलब पैसा हाथों हाथ ट्रांसफर होता है

UPI 24 घण्टे और छुट्टी के दिन भी काम करता है

पैसे ट्रांसफर करने के लिए आपको केवल VPA एड्रेस मालूम होना चाहिए. आपको IFSC Code, बैंक अकाउंट नंबर या MICR आदि याद करने की जरुरत नहीं पड़ती.

प्रतिदिन आप 1 लाख तक की राशि यूपीआई द्वारा ट्रांसफर कर सकते हैं, पर सभी बैंकों ने प्रति ट्रांसक्शन अलग अलग सीमा तय रखी हैं.

इमरजेंसी में यूपीआई द्वारा तुरंत भुगतान किया जा सकता है. इसके अलावा UPI से बिल भुगतान, ऑनलाइन खरीदारी और QR कोड स्कैन कर दुकानदार को भी भुगतान किया जा सकता है.

यूपीआई सुविधा लगभग सभी बैंको में उपलब्ध है. यह आर्टिकल लिखे जाने के समय तक लगभग 150 छोटे बड़े बैंक UPI सुविधा प्रदान कर रहे हैं।

UPI को सुरक्षित रूप से कैसे इस्तेमाल करें?

डिजिटल पेमेंट्स के आगमन के साथ साथ ठग भी धोखा देने के नए नए तरीके खोजते रहते हैं। आइये हम आपको बताते हैं की आप अपने UPI App से सुरक्षित भुगतान कैसे करें?

ये नियम न केवल यूपीआई बल्कि अन्य प्रकार के ऑनलाइन भुगतान को सुरक्षित रखने में भी आपकी मदद करेंगे।

अपने मोबाइल और यूपीआई एप्प को हमेशा अपडेट रखें

किसी भी अपरिचित को अपना मोबाइल न दें

VPA एड्रेस टाइप करते समय स्पेलिंग की गलती न करें

जब आप पैसा ट्रांसफर करने के लिए किसी का VPA एड्रेस डालते हैं तो एप्प में उसका पूरा नाम दिखाई पड़ता है. पेमेंट करने से पहले उस नाम को वेरीफाई कर लें

किसी भी अपरिचित को किसी भी प्रकार का OTP, कार्ड नंबर, खाता नंबर, CVV नंबर आदि न बताएं

कुछ ठग आपको लालच देने के लिए 10 या 100 रूपये जैसी छोटी मोटी रकम ट्रांसफर कर देते हैं. उसके बाद आपको झांसे में फंसा कर पैसा ट्रांसफर करने की कोशिश करते हैं. कृपा कर लालच में न आएं अन्यथा आप के साथ ठगी हो सकती है.

Source : https://hindi.blog/upi-kya-hai/

The post UPI क्या है और कैसे इस्तेमाल होता है? UPI in Hindi appeared first on Check it How.