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RTGS
Bank OTPs were sent to duplicate SIM card instead of real one, audit company loses Rs 79 lakh; Bank of India ordered to pay Rs 1.5 croreAn IT Act adjudicating authority has ordered Bank of India to pay Rs 64.44 lakh, which works out to nearly Rs 1.5 crore with 12% annual int...- ED raids 12 places across four states in Cyprus-based betting platform Parimatch probeThe search operation is continued by the ED's Mumbai zonal office under section 17 of PMLA, 2002, which grants authorised officers the powe...
- Want NSE shares before the IPO? Here’s how the unlisted market worksThe National Stock Exchange’s anticipated IPO nears, prompting investors to consider buying unlisted shares now or waiting for the public o...
- Saturday bank holiday today: Are banks open or closed today on August 22, 2026?Bank holiday today: Bank customers are left wondering if they should go to the bank today or reschedule their trips for tasks like cash dep...
- Bank froze businessman's account over income mismatch, now it is asked to pay Rs 50,000 compensation; HC explains whyFish machinery businessman's bank account frozen as he declared 5.76 lakh income but got Rs 23 lakh via RTGS; HC orders bank to pay Rs 50,0...
- SBI customer alert: Basic savings account cash withdrawals beyond 4 times to attract Rs 15 charge from October 1In an effort to revise its fee structure, the State Bank of India will enforce service charges on Basic Savings Bank Deposit accounts. Cust...
- Independence Day 2026: The road to UPI — India’s payments revolution was centuries in the makingIndia’s payments ecosystem has evolved dramatically, from hundis and merchant networks that moved value across long distances to formal ban...
- Income tax for senior citizens: No salary after retirement? These 7 incomes can still attract tax; know what is exemptRetirement is not synonymous with tax freedom. Your pensions, interest income, rental earnings, and capital gains may still incur taxes. It...
- Sold property for Rs 94 lakh despite a stamp value of Rs 1.93 crore, received an income tax notice under Section 50C; ITAT Chennai grants relief for this reasonChennai man sold property for Rs 94 lakh despite Rs 1.93 crore stamp duty value; so tax dept sent notice u/s Section 50C to tax the differe...
- Lok Sabha passes Bill enabling Centre to allow UPI charges, MDR on digital paymentsThe Lok Sabha approved amendments to the Payment and Settlement Systems Act. This change empowers the government to permit charges on digit...
- Proposed UPI MDR changes spark reactions from politicians, Industry leaders and usersA debate erupted over removing UPI's zero merchant discount rate guarantee. Finance Minister Nirmala Sitharaman stated any charges would af...
- Can you get income tax notice for making digital payments through UPI, NEFT, RTGS, and IMPS? Know when it can be triggeredDigital transactions like UPI and NEFT can trigger income tax notices. These notices arise when transactions do not match your declared inc...
- Can you get income tax notice for UPI, NEFT, RTGS or IMPS transactions? CA explains when your transactions may come under scrutiny
- Himachal Pradesh State Cooperative Bank to suspend digital banking services from July 17-22 for core banking system upgradeHimachal Pradesh State Cooperative Bank will suspend services from July 17 to July 22. This temporary closure is for migrating to the Finac...
- Will filing your ITR early get you a faster income tax refund? Here's what really determines the processing timeFiling income tax returns early increases processing likelihood but does not guarantee faster refunds. Successful e-verification and matchi...
- Saturday bank holiday: Are SBI, HDFC Bank, ICICI Bank open or closed today on July 11, 2026?Banks will remain closed on Saturday, July 11, 2026? Digital banking services will continue to be available for customers even if banks are...
- Claiming Section 80G tax deduction? You must report these additional details when filing your ITR for AY 2026-2027ITR Filing 2026: Income Tax Return forms now require additional details for Section 80G deductions. Taxpayers must report transaction refer...
- NEFT, RTGS charges: SBI vs HDFC Bank vs ICICI Bank vs PNBBanks do charge for transactions conducted in branches. NEFT and RTGS fees charged by banks such as SBI, HDFC Bank, ICICI Bank, and Punjab ...
- New RTGS system to improve financial market efficiency: Raghuram RajanRBI Governor said the new real time gross settlement (RTGS) system for fund transfers will improve the efficiency of the country's markets.
- New RTGS system to be operational from Oct 19: RBIRBI today said the new RTGS system, a mechanism that transfers money from one bank to another in real time, will be operational from Octobe...
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