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BANK RECONCILIATION PROCESS
ITR filing AY 2026-27: 8 costly mistakes taxpayers should avoid this tax return filing seasonThe I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax ...- PFRDA tightens NPS audit rules: Pension body orders regular audit checks for PoP service providersThe Pension Fund Regulatory and Development Authority now requires Points of Presence offering National Pension System services to undergo ...
- GST@9: Building a more seamless, certainty-driven input tax credit frameworkA more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...
- ITR filing 2026: 9 key checks every taxpayer must make for AY 2026–27India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sourc...
- PwC finds accounting lapses in IndusInd treasury operationsA confidential PwC review of IndusInd Bank's treasury operations revealed significant accounting irregularities. Manual entries were used t...
- EPFO: When can EPF interest be credited to your account? Check hereEPFO subscribers are awaiting their FY 2025-26 interest credit, despite the 8.25% rate announcement in March. While delays are common due t...
- US companies, shamed by Trump, tiptoe into $166 billion tariff refund raceAfter a landmark Supreme Court ruling, U.S. businesses are strategically striving to salvage billions in refunds from now-invalid tariffs. ...
- Filing your ITR early for AY 2026–27? Why you should wait till June 15With the utilities for ITR filing for AY 2026–27 being available now, many taxpayers are planning to file their returns early. However, inc...
- Born out of microfinance, Bandhan Bank now bets big on AI and digital bankingAs Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...
- Deloitte India could lead professional services space soon: Romal ShettyDeloitte India’s leadership believes that the future of professional services will extend beyond traditional offerings to solutions, platfo...
- Senate CLARITY Act vote today: Can Congress finally end SEC crypto chaos with historic U.S. crypto regulation bill?The CLARITY Act markup vote, scheduled for May 14, 2026, marks the most significant Senate action on crypto market structure in U.S. histor...
- Quote of the Day by Martin Luther King Jr.: 'Darkness cannot drive out darkness; only...'—Inspiring quotes by American civil rights activist and one of the greatest nonviolent leaders in world historyQuote of the day: Martin Luther King Jr.'s powerful message that light overcomes darkness and love conquers hate remains relevant. His life...
- Ahana announces RBI reporting solution for co-operative banks using its proprietary Data ModelAhana introduces a new solution for co-operative banks. It aims to simplify Reserve Bank of India reporting. The system uses a special data...
- RBI ask banks to speed up inward foreign payments with faster alerts, one-hour reconciliationThe Reserve Bank of India has issued new directives to banks. These rules aim to speed up inward cross-border payments. Customers will be n...
- Kotak Mahindra Bank fraud case: Relationship Manager Dileep Raghav held for false FD reportsHaryana Police have arrested Dileep Kumar Raghav, a former Kotak Mahindra Bank official. He is accused of sending fake reports about fixed ...
- Vetting A/c to trace Rs 150 cr 'gone missing': Kotak BankKotak Mahindra Bank is reconciling ₹150 crore in fixed deposits and accounts linked to the Municipal Corporation of Panchkula following all...
- Kotak Mahindra Bank says KYC, processes in order as it reconciles missing Panchkula deposits worth Rs 150 croreKotak Mahindra Bank said it is reconciling fixed deposits and accounts linked to the Municipal Corporation of Panchkula after reports of ₹1...
- Standard Chartered launches digital solution to help businessesThe bank has a Trade GoDigital Solution, an integrated solution giving clients visibility of their export transactions so that they can dig...
- Infosys launches new solution for banksThe solution is capable of processing up to 50 million transactions per hour and reduces 15 to 50% of time taken to on-board reconciliation...
- Wipro, London Stock Exchange partner for reconciliation solutionThe solution will be hosted in London Stock Exchange's secure and regulated data centres and delivered to customers leveraging Wipro's glob...
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