On July 23, 2024, Finance Minister Nirmala Sitharaman presented the Union Budget for the fiscal year 2024-25. In a series of financial reforms, the government has unveiled significant changes aimed at revitalizing key sectors including agriculture, pension systems, and individual tax structures. Here, we will explore the budget's significant highlights and impact on taxpayers.

The National Pension System or NPS allows you to plan for a tension-free post-retirement life after the age of 60. Anyone can opt for this scheme and make a normal exit by utilising at least 40% of their corpus to purchase an annuity plan. The remaining 60% can be withdrawn as a lump sum. In this blog, you will learn about the various rules associated with NPS exit and methods set for all NPS subscribers. 

In today’s digital world, most educational institutions seek the necessity to incorporate new technology into operating educational and administrative levels. Students, teachers and parents are even becoming tech-aware, and most of their communication takes place digitally through computers, mobile phones or tablets. 

PAN, or permanent account number, is a specific 10-digit alphanumeric identifier assigned to each taxpayer by the Income Tax Department and overseen by the Central Board of Direct Taxes. 

It also functions as identification verification. PAN is required for financial activities such as earning taxable pay or professional fees, selling or buying assets above defined limitations, purchasing mutual funds, and so forth.

Over the years banks and other financial organisations have adopted digitisation that further improved their relationship with clients. Digital documentation procedures are very convenient and cut off the pressure of reaching the financial institution physically. With eSignPro, the ultimate digital documentation suite, you can accomplish signing, stamping and sharing important documents from anywhere and anytime. 

Banks and other financial institutions have implemented digitisation over time, strengthening client relationships. Digital paperwork processes are quite convenient and minimise the pressure of physically visiting the financial institution. That is why Protean launched eSignPro, with which you can sign, mark, and share crucial papers from anywhere at any time. 

For a long time, searching for a loan or other financial product has always been restricted or even centralised. There was no smooth integration between the various platforms, so the borrowers had to run from one lender to another with lots of documents in hand. 

Everybody who has ever searched for loans from one lender to another knows how time-consuming a process this can be. But finally, it is different today. ONDC finance protocols are breaking down the walls of limitations and bridging the gaps between different lenders. 

Associated Chambers of Commerce and Industry of India (ASSOCHAM) has reconstituted its councils for 2024-25 and nominated Gaurav Ramdev as co-chairperson of the ASSOCHAM National Council on Branding and Marketing. Mr. Ramdev is the chief marketing officer of Protean eGov Technologies Limited.