Friday, October 28, 2011

Procedure to purchase Other State Vehicle in India

Vendee needs to sumbit the following documents in RTO under whose jurisdiction Vehicle is going to be used:

  • RC (Registration Certificate).
  • NOC (i.e. Form 28) - Two copies - NOC should mention the RTO under whose jurisdiction Vendee will be registering the Vehicle.
  • Form 29 - Two copies - Needs to be signed by the Vendor [Here, signature should match with one on RC].
  • Form 30 - Needs to be signed by the Vendor [Here, signature should match with one on RC].
  • Insurance.
  • PUC (Pollution Under Control) receipt.
  • Xerox of ID Proof of Vendor.
  • Purchase Invoice.

If the Vendor has taken loan for the Vehicle, you may require Consent of Financier also (i.e. Form 35).

Form 29 and Form 30 can downloaded from: http://www.registrationdelhionline.com/Online/downloadable_forms.asp

Once the Vehicle is registered in the destination State, you can apply for refund of tax in the source state. RTO department returns the balance amount (after deducting the tax for the years which you stayed in the Source State) via cheque within a month. While applying for refund, you need to carry the following documents:






Procedure for Transfer/Closure of EPF (Employee Provident Fund) Account in India

Procedure for Closure of EPF Account in case of leaving service/retirement/termination:

After 60 days of separation, you need to submit the following to your previous employer for withdrawal.


Then previous employer will place a request with the RPF (Regional Provident Fund) office. Once the forms are submitted in RPF office, it is between you and RPF office. In general, RPF office takes around 4 months to process your claim and credits the amount to the bank account mentioned in the Cancelled Cheque. Usually, RPF office sends a Account Payee Cheque to the banker and then banker deposits the cheque in your account.

RPF office won't deduct any taxes, since they will not know in which tax slab you fall. If you withdraw PF before 5 years, you are supposed to declare it during IT Returns filing and pay tax for the same.


If the PF account is dormant, you will not receive any interest from 3rd year onward. Till 3 years, you usually get 8% PA interest. Note that you can keep your PF account as long as you want.
Note that PF is for retirement purposes, not a very good idea withdrawing the same prematurely.


Procedure for transfer  of EPF Account in case of leaving service:


You need to submit the following to your current employer for transfer. You need to submit 3 copies.


When you submit the Form 13 to current employer, he will send it to the RPF office where your current EPF account is held. Then your current RPF office will send it to RPF office of your previous employer. Now, Previous Employer's RPF Office will initiate the transfer after confirming with Previous Employer. Here, if you submit Form 3A, RPF is not required to confirm with your previous employer, thus speeding-up the process.


If the transfer do not happen even after 6 months, you may want to file an online grievance with: http://epfigms.gov.in/