IFSC codes of these PSU banks will change starting April 1From this year (i.e., 2021), the IFSC codes and MICR codes of the amalgamating banks will be discontinued and the codes used by the anchor ...
Erstwhile Syndicate Bank cheque books valid till June-endCustomers can obtain new cheque books and information on new IFSC or MICR codes of the erstwhile Syndicate Bank branches through the bank's...
Mega PSU bank mergers come into effect from April 1. 5 things a bank customer should knowYou would have given your bank account numbers and IFSC codes for various financial transactions. Unless these accounts are seamlessly merg...
What you should know about income tax refundsIncome tax refunds are processed in two ways: Direct credit through RTGS / NECS or by a paper cheque.
RBI launches app for android, iOS platformsThe application can be downloaded from the Play Store/App Store, using the keyword 'Reserve Bank of India'.
How to register multiple bank accounts when investing in mutual fundsTo provide more flexibility in transacting, mutual funds allow one to register multiple bank accounts in their records.
- ET in the Classroom: Why you need CTS cheques?
rom April 1, your cheque book will become invalid if it is not CTS 2010-enabled. Here's why.
Filed income tax returns online? Track your refunds nowI-T dept expects speedy processing of tax refunds if individuals have filed their tax returns online, says ET who suggests various ways to ...
How to deal with income tax refund delaysUnintentional error in bank details, delay in processing of paper income tax return (ITR), change in residential address are among the comm...
- Keep updating default bank account in your mutual fund folio
Only if you inform the fund house about the change, your redemption proceeds, dividends etc will be directed to the new bank account.
- How to change bank mandate in Mutual Funds
Investors can change the details by submitting a change of bank mandate form, along with supporting documents, at the mutual fund office or...
- MICR, IFSC code must on passbook, a/c statement: RBI
The Reserve Bank has made it mandatory for all banks to print the MICR and IFSE code on the passbook and statement of account of the custom...
- NCR to have 264 special counters for filing I-T returns
The income tax department on Monday said it will open 264 special counters from July 21-31 in the capital and national capital territory re...
- ET in a classroom: Cheque Truncation System
It is one of the major innovations in cheque clearing after the Magnetic Ink Character Recognition (MICR) cheques introduced in the 80s.
- Special return filing counter for business, docs, CAs, lawyers
Filing tax returns is going to turn more convenient for professionals like businessmen, doctors, lawyers and CAs in the capital as they can...
- Income-tax refund in four months now
Individual and small corporate taxpayers will get income or corporate tax refunds in four months, with the refund banker scheme spreading a...
- Can't pay taxes through post offices
The government has withdrawn the facility for tax payers to submit income tax returns through post offices, which was introduced last year,...