EPFO alert! Can transfer claims be rejected for overlapping service period? Check official clarification here

EPFO alert! Can transfer claims be rejected for overlapping service period? Check official clarification here

Employees Provident Fund Organisation (EPFO), the government’s social security schemes manager, has clarified that an overlap in service periods cannot be a ground to reject the transfer claims of employees. The body highlighted that overlapping service periods may occur due to genuine reasons, and hence, the transfer claims, which allow members to move their provident…

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XRP’s role in US Digital Asset Stockpile raises questions on token utility — Does it belong?

XRP’s role in US Digital Asset Stockpile raises questions on token utility — Does it belong?

Ripple’s XRP (XRP), the third-largest cryptocurrency by market cap, gained national recognition after President Donald Trump mentioned the “valuable cryptocurrency” alongside BTC, ETH, SOL, and ADA as part of a planned US strategic crypto reserve. Trump’s executive order on March 6 established a new structure for the altcoins — the Digital Asset Stockpile, managed by…

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Step-by-step guide on reporting equity capital gains while filing income tax returns

Step-by-step guide on reporting equity capital gains while filing income tax returns

This is largely because capital gains reporting often requires scrip-wise disclosure and must be entered in multiple sections of the ITR form. The complexity is further compounded by the annual information statement (AIS), which often contains inaccurate information regarding equity transactions, making it necessary for taxpayers to verify and input the correct data manually. In…

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