PTRC and PTEC Numbers

PTRC–Profession Tax Registration Certificate.

For employees profession tax registration done by businessman.
Number which are tin number of Vat, P instead of V

PTEC–Profession Tax Enrolment Certificate.

Businessman self profession tax registation done by businessman.
Tin Number start from 99

Atal Pension Yojana

Govt. launched scheme in 2015-16 budget for old-age security of unrecognized sector workers and every Indian citizen who have wish to get pension after the age of 60 years of life called Atal Pension Yojana.

       As per this scheme, govt. will provide fixed monthly pension to subscriber between Rs.1000 to Rs. 5000  depending upon monthly contribution.

Monthly contribution chart

 

Age Of Entry	Monthly Pension In Rs.
	1000	2000	3000	4000	5000
18	42	84	126	168	210
20	50	100	150	198	248
25	76	151	226	301	376
30	116	231	347	462	577
35	181	362	543	722	902
40	291	584	873	1164	1454

Central govt. will contribute 50% of total contribution or Rs 1000 whichever is lower for the period of 5 years from FY 2015-16 to 2019-20 who joined the scheme between 1 june 2015 to 31 dec 2015. Contribution will not exeed 5 years for all subscribers. Contribution from govt is available for those who are not member of any statutory social security scheme and is not income tax payer. If contribution is not deposited within time, bank will charge minimum penalty for the delay in payment of Contribution.

                     

Per Month Contribution	Charges In Rs.
up to Rs. 100	1
From Rs. 101- 500 Rs.	2
From Rs. 501-1000 Rs.	3
Above 1000 Rs.	10

if subscriber failes to pay contribution upto six month 

After 6 months	Account will be frozen.
After 12 month	Account will be deactivated.
After 24 month	Account will be closed.

                

Upon completion of 60 years , guaranted monthly pension will start. Exit before completion of 60 years is not permitted however permitted only in exceptional circumstances, i.e. on death of beneficiary or terminal disease. Incase if  death of subscriber occurs due to any cause, pension would be available to the spouse and in the occasion of death of both of them (subscriber and spouse ) pension corpus would be returned to nominee .

TDS Rates for Financial Year 2015-16 (A.Y.16-17)

TDS Rates for Financial Year 2015-16
Nature of Payment Made To Residents	Threshold (Rs.)	Company / Firm / Co-operative Society / Local Authority	Individual / HUF	If No / Invalid PAN
Section - Description		IT Rate (%)	IT Rate (%)	Surcharge Rate (%)
192 - Salaries	-	NA	Average rates as applicable	30
192A - Payment of accumulated balance due	30,000	-	10	30
193 - Interest on securities	-	10	10	20
194 - Dividends	2,500	10	10	20
194A - Interest other than interest on securities - Others	5,000	10	10	20
194A - Banks	10,000	10	10	20
194B - Winning from Lotteries	10,000	30	30	30
194BB - Winnings from Horse Race	5,000	30	30	30
194 C - Payment to Contractors	-	-	-	-
Payment to Contractor - Single Transaction	30,000	2	1	20
Payment to Contractor - Aggregate During the F.Y.	75,000	2	1	20
Contract - Transporter who has provided valid PAN	-	-	-	20
194D - Insurance Commission	20,000	10	10	20
194DA Payment in respect of life insurance policy(applicable from 01.10.2014)	100,000	2	2	20
194E - Payment to Non-Resident Sportsmen or Sports Association	-	20	20	20
194EE - Payments out of deposits under NSS	2,500	20	20	20
194F - Repurchase Units by MFs	-	20	20	20
194G - Commission - Lottery	1,000	10	10	20
194H - Commission / Brokerage	5,000	10	10	20
194I - Rent - Land and Building / furniture / fittings	180,000	10	10	20
194I - Rent - Plant / Machinery / equipment	180,000	2	2	20
194IA -Transfer of certain immovable property other than agriculture land(w.e.f 1-6-2013)	5,000,000	1	1	20
194J - Professional Fees	30,000	10	10	20
194LA - Immovable Property	200,000	10	10	20
194LB - Income by way of interest from infrastructure debt fund (non-resident)	-	5	5	20
194LBA - Certain income from units of a business trust(applicable from 01.10.2014)	-	10	10	20
194LBA - Certain income from units of a business trust to non resident (applicable from 01.10.2014)	-	5	5	20
194LBB - Income in respect of units of investment fund. (applicable from 01.06.2015)	-	10	10	20
Sec 194 LC - Income by way of interest by an Indian specified company to a non-resident / foreign company on foreign currency approved loan / long-term infrastructure bonds from outside India (applicable from July 1, 2012)	-	5	5	20
194LD - Interest on certain bonds and govt. Securities(from 01-06-2013)	-	5	5	20
195 - Other Sums	-	Average rates as applicable	-	30
196B - Income from units	-	10	10	20
196C-Income from foreign currency bonds or GDR (including long-term capital gains on transfer of such bonds) (not being dividend)	-	10	10	20
196D - Income of FIIs from securities	-	20	20	20

  Taken from www.tdscpc.gov.in as on 04/05/2016.