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CASH DEPOSIT PAN REQUIREMENT
Banks' credit steady at 17.7%, deposits ease to 12%: RBIBank credit growth stayed steady at 17.7% for the fortnight ended June 15, unchanged from the previous period, while deposit growth eased s...
GSTAT extended relaxed scrutiny guidelines for filing appeals till December 31, 2026; Know how this helps taxpayersThe Goods and Services Tax Appellate Tribunal (GSTAT) has extended its relaxed scrutiny guidelines for filing appeals until December 31, 20...
FCNR rates surge to 7%: What NRIs need to know before moving overseas deposits
Govt targets solar, hydrogen components to cut import dependenceIndia is boosting domestic manufacturing across solar, green hydrogen, and wind energy sectors to curb import reliance. Key focus areas inc...
Did you put an FD in your wife's name? A step-by-step guide on how to claim the tax credit back in your ITR
Bandhan Bank raises FD rates by up to 20 basis pointsBandhan Bank has boosted fixed deposit interest rates by up to 20 basis points, with senior citizens now earning a competitive 7.95% on sel...
Post office customers can now do paperless transactions at branch offices with Aadhaar e-KYCThe Department of Posts has introduced Aadhaar-based e-KYC at Branch Post Offices, enabling eligible Post Office Savings Account, RD and SS...
No Form 16? Here's how salaried taxpayers can file ITR using AIS and Form 26AS for FY 2025-26Salaried individuals awaiting Form 16 for ITR filing can still proceed without it. Employers must issue this TDS certificate by June 15th. ...
Canada updates police clearance requirements for International Experience Canada work permit applicantsCanada's International Experience Canada (IEC) programme has updated its police certificate rules for foreign nationals. Applicants must no...
RBI's FCNR push may boost banks' deposit growth: CrisilForeign currency deposits are poised for a boost as the RBI removes interest rate caps on certain non-resident accounts until September. Th...
Travelling to Indonesia? Here's what Indian tourists need to knowIndian travellers heading to Indonesia must ensure all entry documents are in order, as immigration authorities can deny entry. The Consula...
EU bets on digital euro to cut US tech addictionThe EU believes a digital euro is the answer to cutting its addiction to US payment systems like Visa and Mastercard as well as Apple Pay a...
Binance tightens rules for India users, falls in lineBinance, the world's largest crypto exchange, is now requiring Indian users to provide more details for every crypto deposit and withdrawal...
RBI sweetens FCNR deposits: NRIs can now earn up to 7% on dollar savingsFor the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.
Banks seek RBI clarity on leveraged NRI FCNR deposit structuresIndian banks are seeking clarity from the RBI on allowing overseas branches to lend to non-residents for FCNR(B) deposits. Some lenders, li...
Saturday bank holiday: Are banks open or closed today on June 20, 2026?Bank holiday: Indian banks operate on a mixed schedule, with closures on Sundays and the second/fourth Saturdays. While many services are d...
Indian man opens bank account in UAE on an app, two months later, wins Rs 5 crore rewardUAE Lottery: An Indian-origin man, Shajeer Venga, has won 2 million AED in Sharjah Islamic Bank's 'Millionaire' campaign after opening a sa...
India short-bond rally faces risks from cash drain, analysts SayBofA Securities and Bandhan AMC Ltd. expect the Reserve Bank of India to step up short-term cash withdrawal operations in coming months as ...
How NRIs, OCIs may benefit as RBI allows banks to offer higher interest rates on certain FCNRs, NREsThe Reserve Bank of India has temporarily lifted interest rate restrictions on certain NRE and FCNR(B) deposits until September 30, 2026. T...
FCNR(B) window may save banks Rs 4,000 croreBanks are poised to save approximately ₹4,000 crore annually by raising deposits through FCNR(B) accounts, as the RBI covers hedging costs,...