EPFO Missed Call & SMS Service: Instantly Check Your PF Balance – Here’s How

by Jobuza Team | May 14, 2025 | BLOG, Trending News

New Delhi: Checking your PF balance no longer requires logging into portals or filling out lengthy forms. The Employees’ Provident Fund Organisation (EPFO) now allows members to check their PF balance and recent contribution details using a simple missed call or SMS—quick, free, and hassle-free.

Who Can Use This Service?
To use this feature, your Universal Account Number (UAN) must be activated and linked to at least one KYC detail such as Aadhaar, PAN, or a bank account. Also, your mobile number should be registered with your UAN.

How to Check PF Balance via Missed Call

Follow these easy steps to get your PF balance using just a missed call:

1. Ensure your mobile number is linked with your UAN on the EPFO portal.

2. Make sure your UAN is KYC-compliant (linked to Aadhaar, PAN, or bank account).

3. Dial 9966044425 from your registered mobile number.

4. The call will disconnect automatically after two rings—there are no charges.

5. You’ll receive an SMS with your PF balance and last contribution details.

How to Check PF Balance via SMS

You can also check your PF details using a simple SMS:

1. Type EPFOHO UAN [Language Code] in your SMS app.

2. Send the message to 7738299899 from your registered mobile number.

For example, to receive details in English, type:

This service is available in multiple Indian languages including Hindi (HIN), Telugu (TEL), Bengali (BEN), and more.

ITR Filing 2025: Avoid These 5 Costly Mistakes When Filing Your Tax Return

by Jobuza Team | May 12, 2025 | BLOG, Trending News

ITR Filing 2025: 5 Common Mistakes to Avoid for a Hassle-Free Tax Return

ITR Filing 2025: Filing your Income Tax Return (ITR) accurately is more than just a financial obligation — it’s a smart way to avoid penalties, tax notices, and delays in refunds. As the assessment year 2025–26 begins, this is the perfect time to organize your financial documents such as salary slips, bank interest certificates, and investment proofs.

However, tax filing isn’t just about completing a form. Many taxpayers, even experienced ones, make small but costly mistakes. Here are the five most common errors you should steer clear of while filing your ITR this year:

1. Missing the ITR Deadline

The deadline to file your ITR for most salaried and individual taxpayers is July 31, 2025. Missing this date can result in a late filing fee of up to Rs 5,000, depending on how late you file. Additionally, you may lose the ability to carry forward certain losses or claim specific tax benefits. Timely filing also ensures a smoother refund process.

2. Choosing the Wrong ITR Form

Selecting the correct ITR form is crucial. Filing with the wrong form can delay processing or even result in your return being rejected.

• If you are a salaried individual earning up to Rs 50 lakh without capital gains or foreign income, ITR-1 (Sahaj) is usually the right form.

• If you have multiple properties, capital gains, or income from foreign assets, you will likely need ITR-2 or ITR-3 depending on your income sources.

Always verify the applicable form based on your income structure before filing.

3. Not Reporting All Sources of Income

Every source of income, however minor, needs to be reported. This includes:

• Interest from savings accounts, fixed deposits, and recurring deposits

• Dividend income

• Rental income

• Capital gains from stocks, mutual funds, or property sales

Even interest from dormant or less-used bank accounts must be disclosed. Omitting income, knowingly or unknowingly, can attract scrutiny and penalties from the Income Tax Department.

4. Ignoring Form 26AS and AIS Before Filing

Form 26AS and the Annual Information Statement (AIS) contain details of TDS (Tax Deducted at Source), advance tax payments, and high-value financial transactions. Comparing these with your ITR before submission is critical.

If there’s any mismatch — such as TDS not reflecting properly or a transaction you don’t recognize — get it resolved before filing. This verification step can save you from unnecessary delays or notices.

5. Failing to Verify Your ITR

Filing your return is not the final step — you must verify it within 30 days of submission. If not verified, the Income Tax Department will treat your ITR as invalid.

The fastest and easiest way to verify is online through Aadhaar OTP, net banking, or EVC (Electronic Verification Code). Skipping this step is one of the most common reasons for ITRs being considered incomplete.

Final Thoughts

Filing your ITR accurately and on time helps maintain a clean financial record and ensures quicker refunds. Avoiding these common mistakes can save you time, money, and potential legal issues.

If you’re unsure about any part of the process, consult a trusted tax advisor or use a government-approved e-filing platform. Being proactive now can help you avoid complications later.

Can Pressing ‘Cancel’ Twice at an ATM Prevent Debit Card PIN Theft? Government Clarifies

by Jobuza Team | May 9, 2025 | BLOG, Trending News

Can Pressing ‘Cancel’ Twice at an ATM Prevent Debit Card PIN Theft? Government Clarifies

Debit Card: A viral message circulating on social media claims that pressing the ‘cancel’ button twice before inserting your debit card into an Automated Teller Machine (ATM) can protect you from PIN theft. The message, falsely attributed to the Reserve Bank of India (RBI), advises users to adopt this method to avoid keypad tampering and safeguard their financial information.

What Does the Viral Message Claim?

The widely shared message reads: A very useful tip while withdrawing money from an ATM. Press ‘cancel’ twice before inserting your card. If someone has tampered with the keypad to steal your PIN, it will get deactivated. Please make this a habit every time you use an ATM.

At first glance, this tip seems like a simple precaution. But is it really effective?

The Truth Behind the Claim

This claim is false and misleading. According to PIB Fact Check, the official fact-checking handle of the Government of India, this message is fake. No such advisory has been issued by the Reserve Bank of India (RBI).

There is no evidence or official guideline from the RBI stating that pressing the ‘cancel’ button twice can deactivate fraud devices or prevent PIN skimming. The government has clarified that this practice does not provide any security benefit and warned the public not to rely on or spread such unverified claims.

RBI Has Not Endorsed This Practice

The RBI has never advised ATM users to press the ‘cancel’ button before inserting their debit card as a safety measure. While it’s always wise to stay vigilant at ATMs, users should follow verified security guidelines issued by their bank or official government channels, rather than relying on social media “hacks” that offer a false sense of protection.

Real ATM Safety Tips You Should Follow

For safe ATM usage, it’s important to follow genuine security advice. According to ICICI Bank, here are some essential precautions:

• Memorize your PIN. Never write it down or store it with your card.

• Never share your PIN with anyone—not even friends or family.

• Protect your PIN entry. Use your hand or body to shield the keypad while entering your PIN to prevent “shoulder surfing.”

• Avoid accepting help from strangers at the ATM, whether for card use or cash withdrawal.

• Press the ‘cancel’ button before leaving the ATM to end your session and ensure no one else can access your account.

• Take your transaction slip and card with you. If you don’t need the slip, shred it to protect your information.

• Report lost or stolen cards immediately to your bank to block unauthorized transactions.

• Verify deposits made via ATM by checking your account statement within a few days. Report any discrepancies to your bank promptly.

• Contact your bank if your card is stuck or cash is not dispensed during a transaction.

• Raise complaints directly with your bank for any unauthorized ATM, debit, or credit card transactions.

Stay Informed with Verified Information

While the viral message may have been shared with good intentions, spreading unverified advice can lead to a false sense of security and may leave you vulnerable to real threats. Always follow security tips from official sources like the RBI, your bank, or PIB Fact Check.

For accurate information about banking safety and fraud prevention, rely only on trusted channels. Staying alert, informed, and cautious is the best way to protect your financial security.

Should You Cancel an Unused Credit Card? 4 Important Things to Know

by Jobuza Team | May 9, 2025 | BLOG, Trending News

Do You Own an Unused Credit Card? Here’s What to Consider Before Closing It

Credit Card- Do you have a credit card that you rarely use? If so, you might be wondering whether it’s better to close the account or keep it open until the right time. Before making a decision, it’s important to understand how closing a credit card can affect your financial profile.

The choice to discontinue a credit card isn’t as straightforward as it may seem. It depends on several factors that work together to impact your credit score and financial flexibility. For instance, closing a card reduces your overall credit limit, which can influence your credit utilisation ratio. This ratio plays a key role in determining your creditworthiness.

Another important point to keep in mind is the potential value of a credit card during unexpected emergencies. Even if you aren’t actively using it, having an available credit line can provide a useful safety net—as long as the annual fees are reasonable.

Additionally, many credit cards come with valuable perks such as discounts, airport lounge access, special events, and exclusive memberships. In such cases, it may be more beneficial to keep the card open to continue enjoying these advantages.

Four Key Factors to Consider Before Closing Your Credit Card

1. Credit Score Impact
One of the most significant effects of closing a credit card is on your credit score, particularly through your credit utilisation ratio (CUR). This ratio measures how much credit you’re using compared to your total credit limit. A lower CUR is generally better for your credit score, ideally staying under 30 to 40 percent.

For example, if you have a total credit limit of ₹10 lakh across two cards of ₹5 lakh each, and you’ve used ₹4 lakh, your CUR stands at 40 percent. If you close one of these cards, your total credit limit drops to ₹5 lakh. This pushes your CUR up to 80 percent, which could negatively impact your credit score.

2. Emergency Preparedness
Even if you don’t use the card regularly, it can serve as a valuable backup in emergencies. Unexpected expenses or financial shortfalls can happen at any time, and having an available credit line can be a crucial resource. Keeping the card active ensures you have this option when needed.

3. Annual Fees
Another factor to weigh is the cost of keeping the card open. If your unused credit card has a low or zero annual fee, it may be worthwhile to keep it. However, if the annual fee is high and the card doesn’t provide sufficient value in return, closing it could be the better choice.

4. Rewards and Special Benefits
Many credit cards offer benefits beyond spending power. These might include reward points, cashback, discounts, access to airport lounges, and invitations to exclusive events. If your card provides such perks, keeping it open may help you maximize these rewards—even if you use the card sparingly.

The Bottom Line

Closing a credit card isn’t just about reducing clutter in your wallet. It’s a decision that can affect your credit score, financial flexibility, and access to valuable perks. Before you decide, consider these four key factors to ensure you’re making the choice that best supports your financial goals.