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ACCOUNTHOLDERS
Now personalised cheque book in Post Office: Savings account holders can get cheque books with printed namesPost Office Savings Account holders can now get personalized cheque books featuring their name and account details, enhancing security and ...- How can you make Rs 1 crore retirement corpus from PPF investment?The PPF maturity period is 15 years, after which, you can continue your PPF account with or without contributions. PPF provides a 7.1% inte...
- Small savings schemes: These post office savings accounts will be frozen after 3 years: Here is how to unfreeze your accountThe Department of Posts has issued an order to make account freezing a regular exercise to be conducted twice a year to identify such accou...
- These SBI customers can avail up to Rs 2 lakh free insurance benefit: Check details hereTo get the accidental insurance benefit, the nominee will have to fill a claim form and attach the death certificate the person for whom th...
- Investors opening new trading, demat account from Oct to get choice of providing nomination: SebiAll existing eligible trading and demat accountholders will have to provide choice of nomination by March 31, 2022, failing which the tradi...
- Issuer will be able to send cheque’s picAccount-holders will soon be able to send to their bank the details of a high-value cheque they issue to third parties, which will enable s...
- RBI limit puts PMC Bank customers in a quandaryWith RBI putting a limit on withdrawal, PMC Bank accountholders are in a predicament.
- PMC crisis result of govt's wrong economic policies: NCPCiting many regulatory lapses, including massive under-reporting of non-performing assets, the RBI has put a slew of restrictions on PMC Ba...
- Banks to pitch financial products like insurance, pension schemes to Jan Dhan account holdersThe idea is to inculcate the transaction habit among accountholders and provide them basic financial cover, said a government official awar...
- Dead since birth, Jan Dhan accounts now flush with cashMany such accounts, which held only Re 1or Rs 2 till November 8, now have up to Rs 49,000, the upper limit for deposits that can be done wi...
- Federal Bank launches service to recharge mobile phoneThis service has also been introduced to help the flood-affected residents of Chennai, the bank said in a press release on Monday.
- Union Bank of India joins hands with insurers to roll out life and accident insurance policiesCustomers can voluntarily opt for these schemes after paying the applicable premium.
- Foreign Account Tax Compliance Act will result in heightened tax scrutiny of NRIsFATCA requires all foreign financial institutions to enter into an agreement with the US government & disclose foreign account information ...
- Many HSBC swiss account holders may escape income-tax netA small number of HSBC account holders who had accepted the allegations and agreed to pay tax on undisclosed would be the losers.
- Swiss bank accounts: 5 years after HSBC list I-T department fails to get papersIn June 2011, France had handed over data on Swiss bank accounts to countries such as India, the US, UK, Canada and Australia.
- HSBC to send records to Swiss account-holders, process to take 3-6 monthsThe investigation wing of the tax office went after these account holders, the Centre approached the bank, and HSBC came under media glare.
- Deutsche Bank launches special account for womenThe product, named 'Eve Account', comes with benefits such as discounts on lockers, demat account and investment fees, etc, the German bank...
- What Indian Americans should know about Foreign Account Tax Compliance ActAccording to US tax code, all residents, green card holders and citizens of the US must declare and pay tax on their global income in the U...
- Foreign account-holders with hidden wealth can approach Settlement Commission for amnestyThe SC route is pragmatic as the law offers such an option to all individuals. The idea is to avoid prolonged litigation.
- Black money: I-T department to probe 2,000 Indian accounts in Denmark, FinlandDenmark and Finland have passed information about another 2,000 bank accounts to India, prompting the I-T department to launch an investiga...
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