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CHEQUE RETURN COSTS
India banks could raise $35-$40 billion via RBI's foreign currency deposit scheme, PNB CEO Ashok Chandra saysIndian banks anticipate raising up to $40 billion through foreign currency deposits. The Reserve Bank of India is backing a new scheme to a...- Lady sold apartment, took Rs 2.5 lakh cash, bought new apartment from son-in-law, paid no tax, got income tax notice; she fights back and wins case in ITAT ChennaiA Chennai woman successfully appealed a tax notice after selling her apartment for Rs 35.5 lakh, including Rs 2.5 lakh in cash, and buying ...
- Can bonds replace rental income? The ₹40,000 monthly cash flow mathIndian investors traditionally favor rental income for passive earnings, but rising property prices and modest yields are prompting a shift...
- From financial services to healthcare, enterprises driving AI adoption in India are all in Mumbai: TEAMOn the eve of Mumbai Tech Week, Sharad Sanghi of Neysa AI, Aakrit Vaish of Activate, and Naiyya Saggi of EDT spoke with ETtech editor Samid...
- Funds are won or lost on operational rigour, not just deal-making: Artha Group COOAs venture capital matures beyond the era of easy money and momentum investing, operational discipline is becoming as important as deal-mak...
- 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 ...
- Groww investors reap bumper returns; Lightspeed’s India rethinkHappy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dis...
- Rs 9.35 crore gone. How an actress of Bigg Boss fame allegedly trapped a techie with H-1B visa struggle story and marriage promiseA Tollywood actress and former Bigg Boss contestant faces charges for allegedly defrauding a London-based software professional of Rs 9.35 ...
- ET Prime Special Series: Multibagger or Bankrupt – Part 55: This old-economy giant helped power India’s past. Its big test lies aheadSome companies face disruption at the level of products. Others face it at the level of technology. That is what makes this story more comp...
- Razorpay eyes IPO; Sarvam's $1.5 billion leapHappy Monday! Razorpay is planning an IPO at a lower valuation than its $7.5 billion peak. This and more in today's ETtech Morning Dispatch.
- Where to park your cash in 2026: 8 smart places to grow and protect your moneyIn 2026, smart cash management is important due to high prices and a slow job market. People are looking for safe places to keep money whil...
- Think your luxury house is an asset? CA warns and calls it a 'subscription fee to live'A chartered accountant challenges the notion that expensive homes are wealth-building assets. He argues that high recurring costs and signi...
- Salman Khan supports Rajpal Yadav over Saurabh Dwivedi's comment, says 'Dollar upar ho ya neeche...'Bollywood superstar Salman Khan has publically defended actor Rajpal Yadav following an incident where a host at an awards ceremony mocked ...
- ITR filing: 4 disclosures you need to be ready with in new financial yearIndia’s tax department has rolled out updated ITR forms for FY 2025–26, introducing tighter disclosure norms while keeping the overall stru...
- PNB revises 5 savings bank account service charges; check latest charges applicable from October 1, 2024The revision includes maintaining a minimum average balance, issuing demand drafts, duplicate DDs, cheque return costs, and locker rent cha...
- HDFC Bank makes RTGS, NEFT online transactions free, cheques to cost moreEarlier, customers were levied Rs 25 each for Rs 2-5 lakh online transaction via RTGS and Rs 50 each for such money transfers over Rs 5 lak...
- Cruel joke: Haryana pays Rs 2 as compensation for ruined cropsThe crops, mainly wheat, were damaged due to waterlogging after heavy rainfall in 2011. The state had ordered a survey to assess the losses.
- RBI asks banks to levy uniform fee for collection of high value chequesThe RBI asked the banks to fix a uniform fee for collection of cheques of over Rs 1 lakh, instead of levying it as a percentage of the valu...
- Defaulted on cheques? Your account may be closedThose writing cheques without adequate funds in their account risk having their account blocked, a measure that will further tighten the re...
- Banks should be upfront about all their chargesMost consumers are unaware that banks levy a lower charge on cheques returned due to non-financial reasons than for reasons like insufficie...
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