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WHAT IS BANK RECONCILIATION
RBI asks banks to clear old trade and payment mismatchesThe RBI has asked banks to resolve long-pending mismatches between trade and payment records worth thousands of crores. Banks must verify d...- India’s tech export story is entering a multi-corridor eraEurope is becoming a stronger corridor for Indian technology exporters, with demand led by cloud migration, cybersecurity, AI adoption, ent...
- ITR 2026: Common income tax return filing mistakes that cost employees lakhsA careful, timely, and well-documented filing approach can help employees avoid notices, interest, penalties, and refund delays while ensur...
- Will filing your ITR early get you a faster income tax refund? Here's what really determines the processing timeFiling income tax returns early increases processing likelihood but does not guarantee faster refunds. Successful e-verification and matchi...
- Taxation simplified for influencers: Correct ITR form, tax regime to grey zone areas, key checks and tax traps creators must watch out forIndian influencers and gig workers face significant tax compliance challenges. Many struggle with tracking income and claiming eligible ded...
- Ayodhya donation probe: Teacher, car mechanic, retired bank employee among 8 accusedEight individuals, including a teacher and a former mechanic, have been arrested in Ayodhya for allegedly embezzling donations meant for th...
- Do you lose your interest and deposit if you have multiple PPF accounts? Here's what the rules sayDiscovering you have two Public Provident Fund accounts can be a common oversight, but it's crucial to address. Indian regulations strictly...
- EPFO 3.0 promises a digital PF experience, but can it fix years of legacy problems?EPFO 3.0 aims to modernize provident fund services through upgraded technology, faster claim processing, simplified withdrawals, digital re...
- Sold, or just shipped? How sales figures can be manipulated – and how you can spot itGoods left the warehouse. The invoice went out. So it must be a sale, right? Not always. Under the rules, a sale counts only when the custo...
- "America's doors are closed fully to asylum seekers," says US Dy Chief of StaffWhite House adviser Stephen Miller declared the US is effectively closed to asylum seekers, stating America's doors are fully shut. He asse...
- JD Vance calls ceasefire 'a little messy', says US has made 'great progress' in Iran nuclear talksUS Vice President JD Vance announced significant headway in diplomatic talks with Iran, aiming for a lasting shift in Middle Eastern relati...
- 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 ...
- Income tax alert: These taxpayers could receive scrutiny notices by June 30, 2026 under Section 143(2)The CBDT has set June 30, 2026, as the deadline for issuing scrutiny notices under Section 143(2) for FY 2025-26 returns. An internal deadl...
- 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...
- 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...
- 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...
- Bitcoin price (BTC USD) surges above $82,000 after major US crypto bill clears senate committee vote - here's what traders need to know about the Clarity ActUS crypto regulation bill Clarity Act explained: The Clarity Act, a significant US crypto market structure bill, advanced out of the Senate...
- 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...
- BBMP working towards bank reconciliation systemThe city's civic body is working towards a bank reconciliation system with which it hopes to keep its financial records in line with bank t...
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