ELSS (Equity-linked savings scheme) is basically a type of diversified equity mutual fund (MF), which is qualified for tax exemption under section 80C of the Income Tax Act. Returns from an ELSS fund reflect returns from the equity markets since it is an equity fund.
The Electronic Payment and Application System of Scholarships (Epass) is basically an online scholarship disbursement system which was envisaged by Andhra Pradesh government to ensure speedier disbursal of scholarships to the economically backward students. It is a very good initiative taken by the government of Andhra Pradesh to offer the scholarship to the candidate whose family […]
A Caste certificate is basically a proof of one’s belonging to a particular caste, especially when one belongs to any of the ‘Scheduled Castes’ or “Other backward classes”, as specified in the Indian Constitution. It is also known as a community certificate. In Tamil Nadu, the issuance system of permanent caste/community certificate was initiated in […]
After retirement, a pension is the sole mode of income for most of the retired employees. In India, the citizens who are enjoying pension must submit a certificate called Life certificate every year to the concern Pension Disbursing Authorities (PDAs). Through this process, the Pensioner can continue to receive their pension. This facility is available not only for […]
A relieving letter is basically a type of official document which is provided to an employee on resignation to confirm that he/she has been relieved of duty. It is often demanded by the new employer to ensure that the employee completed his/her notice period and left the previous employer after completing all requisite […]
Any inter-state business transaction needs a certificate to be pursued, which is termed as C form. It is basically issued by the seller of goods to the buyer of goods for the purpose of effecting a reduction on the rate of tax. There are many business transactions have been conducted on a daily […]
