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REFUND BANKER
US Treasury expands bank data-sharing rules tied to Trump immigration crackdownThe Treasury Department is guiding banks to share information on suspected undocumented customers, framing it as a crackdown on fraud and c...- What's brewing? FinMin seeks gold lending info from banksIn a communique to banks on Friday evening, the Department of Financial Services sought data on value and quantity of gold metal loans (GML...
- ITR filing 2026: 5 benefits of filing income tax return besides paying taxesFiling your Income Tax Return is more than just a tax duty. It acts as a vital financial record. It helps in getting loans approved. You ca...
- US Government Spirit Airlines Rescue Plan — 5 key points travellers must know after Spirit Airlines shutdownSpirit Airlines has shut down operations. This marks the first airline collapse linked to the Iran war, following a surge in jet fuel price...
- Hyderabad cops want RBI to plug gaps that facilitate cybercrimeHyderabad Police's crackdown on cyber fraud, revealing systemic banking gaps and Rs 400 crore annual losses, has prompted a high-level meet...
- What you should know about income tax refundsIncome tax refunds are processed in two ways: Direct credit through RTGS / NECS or by a paper cheque.
- Income tax filers get refund of Rs 2.67 lakh crore in last three yearsIncome tax filers were refunded a sum of around Rs 2.67 lakh crore as tax returns during the last three financial years.
- Appeal effects and refunds: Taxpayers money withheldAs per the provisions of the Income Tax Act, 1961, where as a result of any appellate order, a refund is due to an assessee, the Assessing ...
- File e-returns, get income-tax refunds in a monthThere is an incentive for taxpayers who file their income-tax returns electronically — they will get their refunds within a month.
- IT Dept to process more than 40 lakh refund casesMany refunds will be sent back to the taxpayers through the Refund Banker Scheme, which is operational in a number of cities with the help ...
- Income-tax refund in four months nowIndividual and small corporate taxpayers will get income or corporate tax refunds in four months, with the refund banker scheme spreading a...
- Shocker! Tax refunds being diverted to fake accountsMoney meant for refunds is suspected to have been diverted to some fake accounts and the authorities have initiated a police probe into the...
- For GenNeft, I-T refund would be just matter of a dayWith a view to make tax refunds faster and efficient, the Central Board of Direct Taxes is proposing to move to National Electronic Funds T...
- Jurisdiction-free processing of IT returns could be reality soonJurisdiction-free processing of income-tax returns could be a reality soon, with the Finance Bill authorising the government to introduce s...
- Reliance Power IPO likely to generate surplus money for banksIf the offer meets with overwhelming response, it will lead to a situation where there will be a large amount of refundable cash with banks...
- Refund banker system to be implemented next year: CBDTI-T department computerising its records and is also setting up a three-tier system to keep records at several level for making the system ...
- Faster delivery of I-T refunds in more citiesAssessees in Chennai, Kolkata, Mumbai and Bangalore will be able to get expeditious refunds of their claims.
- Refund Banker Scheme in 4 citiesIncome Tax Department to launch Refund Banker Scheme in four cities from September 30.
- SBI to issue income tax refunds in Delhi, PatnaAs many as 8-10 lakh income tax assessees in parts of Delhi and Patna will get refunds faster as the government has appointed State Bank of...
- I-T may route refunds via banksThe income tax department is actively considering a proposal of ‘refund bank’. If the proposal comes through, income tax refund function of...
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