Pay to Bihar Public Service Commission, Patna

Dear Readers,

If you are filing form of Bihar Public Service Commission, Patna (BPSC) then do not worry about payment. After registration you can pay to BPSC by following the given SBI Collect link.

Click here for pay BPSC

1. You will got this screen

after reading check the checkbox and proceed for payment
2. You will got BPSC logo and payment option. Select payment option and inter your registration number. You will got your name and father's name for conformation. Enter your date of birth and mobile number. Screen is like as.

3. You have paid one time then you do not pay the next time. System will give you payment confirmation number. Look in given photograph.

4. If you register today and want to pay now then you got this message. "Data Not Found".

Thanks for reading. 

Income Tax Return Filing in India

Dear readers,

In India only 7 percent people (individuals) are filing income taxes. This year government has reduced the filing time.  Last date fixed by government to file return is 31 august 2018 for AY 2018 -19.

Essential documents for filing ITR 

1. PAN
2. Aadhar 



Income Tax Return in India

3. Bank Accounts (Saving, Current and Others) and transaction details 
4. Valid Mobile Number
5. Valid Email Address
6. TDS Certificate (If any) 
7. Tax Paid Receipt (If any) 
8. LIC, Insurance premium details 
9. Work details

Other documents specified by your advocate, charted accountant or TRP. 

PAN and its uses in India

PAN:  Permanent Account Number 

Issued by: Income Tax Department, Govt. of India

Under: Income Tax Act 1961 Section 139A

Structure: Alpha numeric 10 digit number Example - XXXXX1290X  

PAN Card: It is plastic card issued by Income Tax Department containing Name, Date of Incorporation, PAN, QR Code, [Date of Birth, Father Name, Photograph only for individual] 

WHY IS IT NECESSARY TO HAVE PAN?

It is mandatory to quote PAN on return of income, all correspondence with any income tax authority. From 1 January 2005 it has become mandatory to quote PAN on challans for any payments due to Income Tax Department.

It is also compulsory to quote PAN in all documents pertaining to the following financial transactions :-

 (a) sale or purchase of any immovable property valued at five lakh rupees or more;

 (b) sale or purchase of a motor vehicle or vehicle, [the sale or purchase of a motor vehicle or vehicle does not include two wheeled vehicles, inclusive of any detachable side-car having an extra wheel, attached to the motor vehicle;]

 (c) a time deposit, exceeding fifty thousand rupees, with a banking company ;

 (d) a deposit, exceeding fifty thousand rupees, in any account with Post Office Savings Bank;

 (e) a contract of a value exceeding one lakh rupees for sale or purchase of securities;

 (f) opening a bank account;

 (g) making an application for installation of a telephone connection (including a cellular telephone connection);

 (h) payment to hotels and restaurants against their bills for an amount exceeding twenty-five thousand rupees at any one time ;

  (i) payment in cash for purchase of bank drafts or pay orders or banker's cheques for an amount aggregating fifty thousand rupees or more during any one day;

  (j) deposit in cash aggregating fifty thousand rupees or more with a bank during any one day;

 (k) payment in cash in connection with travel to any foreign country of an amount exceeding twenty-five thousand rupees at any one time.

  (l) making an application for issue of credit card or debit card.

(m) payment of an amount of fifty thousand rupees or more to a Mutual Fund for purchase of its units;

 (n) payment of an amount of fifty thousand rupees or more to a company for acquiring shares issued by it;

 (o) payment of an amount of fifty thousand rupees or more to a company or an institution for acquiring debentures or bonds issued by it;

 (p) payment of an amount of fifty thousand rupees or more to the Reserve Bank of India

 (q) payment of an amount aggregating fifty thousand rupees or more in a year as life insurance premium to an insurer

 (r) payment to a dealer,—

  (i) of an amount of five lakh rupees or more at any one time; or

 (ii) against, a bill for an amount of five lakh rupees or more,

for purchase of bullion or jewellery

Sources:

1. https://www.incometaxindia.gov.in 

2. https://en.wikipedia.org/wiki/Permanent_account_number