{"id":2844,"date":"2020-06-08T12:35:49","date_gmt":"2020-06-08T07:05:49","guid":{"rendered":"https:\/\/www.finsafe.in\/financial-wellness\/?page_id=2844"},"modified":"2022-11-18T12:30:02","modified_gmt":"2022-11-18T07:00:02","slug":"jan-2020-monthly-updates","status":"publish","type":"page","link":"https:\/\/www.finsafe.in\/financial-wellness\/jan-2020-monthly-updates\/","title":{"rendered":"Monthly Updates"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2844\" class=\"elementor elementor-2844\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1c5a9f66 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1c5a9f66\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-66a87e9d\" data-id=\"66a87e9d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4ec0f276 elementor-widget elementor-widget-heading\" data-id=\"4ec0f276\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">17) In Jan 2020, few changes were introduced in ITR filing for FY 2019-20 like passport details, complete address etc need to be provided. TAN number of employer, PAN or Aadhar details of tenant etc have been made mandatory. Also few changes related to Public Provident Fund were introduced.  <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6b9b3dcd elementor-widget elementor-widget-text-editor\" data-id=\"6b9b3dcd\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<div style=\"height: 950px; padding: 10px;\">\n<table style=\"width: 100%;\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr style=\"background-color: #2db1a6; color: #ffffff;\">\n<td>Product<\/td>\n<td>Particulars<\/td>\n<td>Old Rules<\/td>\n<td>New Rules<\/td>\n<\/tr>\n<tr>\n<td rowspan=\"3\">Public Provident Fund<\/td>\n<td>Number of deposits in a year<\/td>\n<td>Maximum of 12 deposits in a year<\/td>\n<td>Minimum of Rs. 50 and any number of deposits in a year<\/td>\n<\/tr>\n<tr>\n<td>Premature closure after 5 years<\/td>\n<td>Na<\/td>\n<td>Compulsory on change in residency status of the account holder<\/td>\n<\/tr>\n<tr>\n<td>Interest on Loan from PPF account<\/td>\n<td>2% (above the PPF rate)<\/td>\n<td>1% (above the PPF rate)<\/td>\n<\/tr>\n<tr>\n<td rowspan=\"5\">ITR filing for Financialyear 2019 &#8211; 20<\/td>\n<td>ITR 1 &#8211; Passport details<\/td>\n<td>Na<\/td>\n<td>Mandatory to provide Passport Number<\/td>\n<\/tr>\n<tr>\n<td>ITR 1 &#8211; For Rented out property<\/td>\n<td>Na<\/td>\n<td>Mandatory to provide either Tenants PAN or Aadhaar Number<\/td>\n<\/tr>\n<tr>\n<td>ITR 1 &#8211; Employer details<\/td>\n<td>Nature of employment such as PSU, Pensioners, others etc.<\/td>\n<td>Mandatory to provide Tax Deduction Account Number ( TAN) of the employer. ( Please refer to Form 16 to access TAN number)<\/td>\n<\/tr>\n<tr>\n<td>ITR 1 &#8211; Address<\/td>\n<td>Earlier it was only for ITR 2 &amp; ITR3<\/td>\n<td>Mandatory to provide complete address<\/td>\n<\/tr>\n<tr>\n<td>ITR 1 &#8211; Unrealised rent<\/td>\n<td>Earlier it was only for ITR 2 &amp; ITR3<\/td>\n<td>Mandatory to provide unrealised rent, which is due<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<style>table tbody td {border: 1px solid #ebebeb !important;}<\/style>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-268618af\" data-id=\"268618af\" data-element_type=\"column\" id=\"fixed-side\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5fd004eb elementor-widget elementor-widget-heading\" data-id=\"5fd004eb\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Index<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7cc736ef elementor-widget elementor-widget-text-editor\" data-id=\"7cc736ef\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><a href=\"\/financial-wellness\/monthly-event-updates\/\"><strong>Monthly Updates<\/strong><\/a><\/p><p><a href=\"\/financial-wellness\/monthly-event-updates\/\"><strong>Event Updates<\/strong><\/a><\/p><p><a href=\"\/financial-wellness\/vlog\/\"><strong>Vlog<\/strong><\/a><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-620b84c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"620b84c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4130eee\" data-id=\"4130eee\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2e3f601 elementor-widget elementor-widget-text-editor\" data-id=\"2e3f601\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p style=\"color: #2db1a6; font-size: 17px; font-weight: 600;\">The articles are from various news publications &amp; some of the articles may need a subscription.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-83f3bc5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"83f3bc5\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6f78d18\" data-id=\"6f78d18\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-61b5c11 elementor-widget elementor-widget-text-editor\" data-id=\"61b5c11\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><b>Disclaimer :<\/b> The purpose of the Training Materials and the resources is to encourage you to plan for \u00a0investments based on \u00a0goals and is solely meant for education purposes. There is no guarantee that \u00a0goals will be achieved. The workforce are advised to consult their investment \/ financial advisor, prior to taking any investment decisions. While, every care has been taken in preparing the Training Materials and the Documentation to ensure accuracy at the time of publication and creation, however, FINSAFE India Private Ltd assumes no responsibility for any errors, which despite all precautions may be found herein. Finsafe India Private Limited shall not be liable under, or in connection with:<\/p>\n\n<ul style=\"list-style: square;\">\n \t<li>loss of income;<\/li>\n \t<li>loss of business profits or contracts;<\/li>\n \t<li>business interruption;<\/li>\n \t<li>loss of the use of money or anticipated savings<\/li>\n \t<li>loss of information<\/li>\n \t<li>loss of opportunity, goodwill or reputation;<\/li>\n \t<li>loss of, damage to or corruption of data; or\nany indirect or consequential loss or damage of any kind howsoever arising and whether caused<\/li>\n<\/ul>\n<p>All intellectual property rights in the Training Materials and the resources (whether registered or not) anywhere in the world belong to Finsafe India Private Limited.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>17) In Jan 2020, few changes were introduced in ITR filing for FY 2019-20 like passport details, complete address etc [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/www.finsafe.in\/financial-wellness\/wp-json\/wp\/v2\/pages\/2844"}],"collection":[{"href":"https:\/\/www.finsafe.in\/financial-wellness\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.finsafe.in\/financial-wellness\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.finsafe.in\/financial-wellness\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.finsafe.in\/financial-wellness\/wp-json\/wp\/v2\/comments?post=2844"}],"version-history":[{"count":13,"href":"https:\/\/www.finsafe.in\/financial-wellness\/wp-json\/wp\/v2\/pages\/2844\/revisions"}],"predecessor-version":[{"id":7796,"href":"https:\/\/www.finsafe.in\/financial-wellness\/wp-json\/wp\/v2\/pages\/2844\/revisions\/7796"}],"wp:attachment":[{"href":"https:\/\/www.finsafe.in\/financial-wellness\/wp-json\/wp\/v2\/media?parent=2844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}