Skip to main content

E-filing Vault

 

E-filing vault makes your tax e-filing account safer


Your e-filing account, which keeps a lot of your financial information in one place, can be vulnerable to security threats. E-filing vault comes into play here




Almost all your dealings with the tax department-such as filing tax returns, replying to tax notices, and tracking your refunds-can be done through the income tax department's e-filing website www.incometaxefiling.gov.in. For this, you need to have an account on the website. However, having all the information online can leave you vulnerable to frauds. Therefore, security of your tax filing account-which has all your vital financial information-is of utmost importance. While the e-filing website is secure, you or anyone else can login to it using details such as your Permanent Account Number (PAN), date of birth and password. This is where the e-filing vault comes in and adds a second layer of authentication, to prevent unauthorised access to your account.


Additional security
E-filing accounts contain details such as your PAN, address, bank details, tax deducted at source, income tax returns filed, and movable and immovable assets if your taxable income is more than Rs 50 lakh a year. The e-filing vault helps keep this information secure, because it adds a second layer of authentication apart from login ID and password. The dual-factor authentication ensures a higher degree of security. This facility is similar the process of authenticating banking transactions using one-time passwords (OTPs) or a specified digits from your card.




























To use the e-vault facility, you need to login to your tax e-filing account and under the 'Profile settings' tab, go to 'E-filing Vault-higher security'. Click this option and then login using any one of the more secure methods, such as: Aadhaar linkage to generate OTP; Net banking; demat account electronic verification code (EVC), bank account EVC, or Digital Signature Certificate (DSC). Once you choose your mode, the next time you login, an additional check of OTP using Aadhaar net banking, bank or demat account or DSC will be applicable. For example, if you choose net banking, you would need to login to your net banking account to access the e-filing portal. For using options like Aadhaar, DSC, bank or demat account, you need to register these details with your e-filing account.


Managing the vault
On the same 'E-filing vault-higher security' page, you can choose how you would like to reset your password if you forget it. All the above-mentioned options for adding a layer of security to the login process are also available changing passwords. One can choose the process of resetting the password using one or more options of these options. This is to ensure that no one else can reset your password, even if the secret question answer or e-filing OTP is known.


To deactivate this secure login, go to 'Profile settings', click 'E-filing vault-higher security' and deselect the 'Login through- Aadhaar linkage to generate OTP; Net banking; Demat Account EVC, Bank Account EVC, or DSC' option. When you click 'Proceed', you would have deactivated secure login.



Invest Rs 1,50,000 and Save Tax up to Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds. Save Tax Get Rich

For further information contact SaveTaxGetRich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

OR

Call us on 94 8300 8300




 

Popular posts from this blog

Mutual Fund Exit Load Changes

Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Buy Gold Mutual Funds Leave a missed Call on 94 8300 8300 Mutual Fund Exit Load Changes AMCs don't communicate about any change in exit load directly with investors, but do update on their website   The exit load applicable to your investments is the load which existed at the time when you invested in the particular fund. Any subsequent changes in the exit load will not be applicable to your investments.   However, Asset Management Companies ( AMCs ) periodically publish addendums in the newspapers, which state any change in exit loads of specific schemes managed by them. Such changes are also posted on their websites. However, a direct communication to an investor is not made, considering the costs involved in doing so. In their own interests, investors should not only track the performance of the funds they i...

Atal Pension Yojana contribution Tax Benefit for spouse

Contributions to Atal Pension Yojana (APY) are eligible for the same tax benefits as the NPS. This means that the contributions can be claimed under Section 80CCD (1B). The current limit for Section 80CCD (1B) is   Rs   50,000, over and above the   Rs   1.5 lakh limit under Section 80C. Section 80 CCD (1) is a different one, meant to cover employers' contribution towards NPS . You cannot get tax benefit by investing in the name of your spouse under Section 80 CCD . ------------------------------ ----------------- Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds Top 10 Tax Saver Mutual Funds to invest in India for 2016 Best 10 ELSS Mutual Funds in India for 2016 1. BNP Paribas Long Term Equity Fund 2. Axis Tax Saver Fund 3. Religare Tax Plan 4. DSP BlackRock Tax Saver Fund 5. Franklin India TaxShield 6. ICICI Prudential Long Term Equity Fund 7. IDFC Tax Advantage (ELSS) Fund 8. Birla Sun Life Tax Relief 96 9. ...

Birla Sun Life Mutual Fund Launches Birla Sun Life NIFTY ETF

Birla Sun Life has launched a new fund namely, Birla Sun Life Nifty ETF, an open ended exchange traded fund. The new fund will be open for subscription from 4th July to 18th July 2011, at an offer price of Rs 10 per unit. The investment objective of the scheme is to generate returns that closely correspond to the total returns of securities as represented by S&P CNX Nifty, subject to tracking errors. No exit load will be charged under the scheme. The performance of the scheme will be benchmarked against S&P CNX Nifty and will be managed by Satyabrata Mohanty.   -----------------------------------------------------------------   Also, know how to buy mutual funds online:   1) DSP BlackRock Mutual Funds: http://prajnacapital.blogspot.com/2011/05/buying-dsp-blackrock-mutual-funds.html   2) Reliance Mutual Funds: http://prajnacapital.blogspot.com/2011/06/buying-reliance-mutual-funds-online.html   3) Birla Sunlife Mutual Funds: http://prajnacapital.blogspot.com/2011/...

Mutual Fund Reivew: Birla Sun Life Asset Allocation Conservative

Birla Sun Life Asset Allocation Conservative has numbers on its side to prove its credibility… Don't be surprised to find this Fund of Funds ( FoF ) in our recommendations. It has earned its place. And despite the difference in the structure of the product, there is no arguing with the numbers.   Of the total 6 years of its existence, the fund has been among the top 10 funds in its category in four of them. Last year it put up an average show and the only year it underperformed its peers was in 2008.   One aspect to look at when investing in an FoF is the expense ratio. The expense ratio of an FoF is capped at a lower limit of 0.75 per cent (2.50% for an actively managed fund). However, the FoF not only has its own expense (though lower) but even the expense ratio of the fund it is investing into. Fortunately, the fund manager takes that into account. "Expense is one of the important criteria used for fund selection and is the main reason for our investment in BSL Ind...

Short-Term Investment Options in Mutual Funds

Mutual funds offer liquid funds and ultra short term funds in the debt category, which are suitable for short investment periods. Ultra short-term funds were earlier known as liquid plus funds. Liquid funds invest in money market instruments with a maturity of 91 days or less. However, there are no such restrictions for ultra short-term funds. Who should invest in these? These are open-ended schemes. Investors with a short investment horizon or with surplus cash and low risk appetite should look at these. These could include corporate as well as retail investors. Those interested in staying invested for less than 15 days can opt for liquid funds. Retail investors who want to remain invested for two-four months, can look at ultra short-term funds. The short duration for both liquid and ultra short-term funds shields them from any interest rate volatility.   What kind of returns do they offer? In terms of an investment period less than 15 days, these funds are comparable to a ba...
Related Posts Plugin for WordPress, Blogger...
Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now