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BANK RECONCILIATION STATEMENT
ITR-2 online filing and excel utility for A.Y. 2026–27 are now enabled on the e-Filing ITR portalIndividuals and HUFs without business income but with complex income sources like salary, multiple house properties, or capital gains can f...- 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...
- Capital market stocks: Time to change strategy? 10 stocks from different parts of the ecosystemThe capital market infrastructure sector has grown into a full-fledged, publicly-traded ecosystem. Today, investors can pick from exchanges...
- Manage short-term risk and volatility for long-term opportunity: 7 stocks from different sectors with upside potential of up to 32%There will be many ifs and buts – and a high volatility quotient – when a market is in its initial phase of correction, especially a correc...
- RBI mandates payment of inward remittances on same business dayThe Reserve Bank of India is speeding up money transfers from abroad. Banks must now credit foreign payments to accounts on the same busine...
- The hidden architecture of debt: How companies can make their debt obligations disappearInvestors often read balance sheets, earnings reports, and ratios as if they show the full picture. But even when the numbers are technical...
- 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...
- Real-time govt bank dashboard launched to tighten oversightThe initiatives aim to institutionalise uniform procedures and introduce objective performance benchmarks while reinforcing shared responsi...
- All government payments above Rs 75 crore must go via RBI's e-Kuber from July 16The central government is mandating that departments and ministries process payments above ₹75 crore through the RBI's e-Kuber system start...
- TCS partners with Council Of Europe Development Bank to modernise operationsTata Consultancy Services will modernize the Council of Europe Development Bank's operations by deploying TCS BaNCS for Reconciliations, st...
- Stripe acquires Bengaluru-based payments software firm ReckoThe buyout will help Stripe expand its offerings in India beyond collection of payments and billings for merchants.
- Recko raises $6 million in Series A fundingIndia is witnessing a continued surge in the number of digital transactions and many enterprises, banks and financial institutions are find...
- 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 to offer Chesapeake's financial software suiteWipro Ltd and Chesapeake System Solutions Inc today announced a global alliance under which the Indian major will offer the latter's suite.
- 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...
- P Chidambaram to launch CPC (TDS) tomorrowChidambaram will launch the Centralised Processing Cell for Tax Deducted at Source (CPC-TDS) tomorrow, a move likely to ease the compliance...
- How to ensure better control of funds in a bank accountA monthly reconciliation of bank account can give a fair idea of a person's financial situation.
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