Income Tax : SEO Description: Explains which gifts qualify for exemption based on the statutory definition of “relative” and why not all fa...
Fema / RBI : National Electronic Funds Transfer (NEFT) is a nation-wide payment system facilitating one-to-one funds transfer. Under this Schem...
Company Law : Currently MCA21 payments are allowed via Credit Card, Internet Banking & Physical Challan. The Ministry has authorized 5 banks (In...
Fema / RBI : High value clearing, the facility that enables depositors to encash cheques drawn for over Rs 1 lakh the next day, is set to be ph...
Fema / RBI : Review of Charges for RBI-operated Payment Systems The Reserve Bank levies minimum charges on banks for transactions routed throug...
Fema / RBI : The Reserve Bank of India (RBI) has told banks not to charge more than Rs 5 for any cash deposit made at a non-home branch (other ...
Fema / RBI : The Reserve Bank of India, or RBI, has told a bunch of top bank executives to push the use of electronic transactions among custom...
Finance : One lakh rupees is no longer considered ‘high value’ in banking parlance. Until recently, a cheque amounting to over...
Fema / RBI : High value clearing, the facility that enables depositors to encash cheques drawn for over Rs 1 lakh the next day, is set to be ph...
Income Tax : It was ruled that money received from a parent through banking channels constitutes an explained source. The addition under Sectio...
Fema / RBI : RBI introduces a beneficiary account name look-up facility for RTGS and NEFT transactions to help prevent errors and fraud, effect...
Fema / RBI : In order to facilitate smooth settlement of NEFT transactions in the accounts of the member banks maintained with the Reserve Bank...
Fema / RBI : RBI may Mandate banks not to charge savings bank account customers for online transactions in the NEFT system with effect from Jan...
Fema / RBI : Under the overall guidance of the Board for Payment and Settlement Systems, the Reserve Bank over the last few years, has been tak...
Fema / RBI : You are aware that there has been a remarkable growth of customer transactions in RTGS over the years, with currently more than 1,...
It was ruled that money received from a parent through banking channels constitutes an explained source. The addition under Section 69A was deleted as the transaction was fully traceable.
SEO Description: Explains which gifts qualify for exemption based on the statutory definition of “relative” and why not all family gifts are tax-free under Section 56(2)(x).
Automate HDFC NEFT/RTGS form filling with our Excel utility. Reduce errors and save time. Store beneficiary details and populate forms quickly.
RBI introduces a beneficiary account name look-up facility for RTGS and NEFT transactions to help prevent errors and fraud, effective by April 2025.
National Electronic Funds Transfer (NEFT) is a nation-wide payment system facilitating one-to-one funds transfer. Under this Scheme, individuals, firms and corporates can electronically transfer funds from any bank branch to any individual, firm or corporate having an account with any other bank branch in the country participating in the Scheme.
Utility tool for YES Bank customers to facilitate the process of generating NEFT/RTGS forms quickly and easily. The utility provides the following features: Purpose: Generating NEFT/RTGS forms by selecting the beneficiary’s name. Input: Beneficiary’s name, date, cheque number, and payment amount. Multiple Bank Accounts: It allows users to maintain details for multiple bank accounts for […]
Latest-2023 HDFC Bank NEFT/RTGS Sheet is available for generating NEFT/RTGS forms within a minute, simply by selecting the beneficiary’s name. Other details such as cheque number and payment amount need to be filled in as well. Moreover, this sheet allows you to maintain multiple bank accounts for companies, firms, or individuals. The sheet contains macros […]
ICICI Bank NEFT/RTGS Automated Excel Utility for generating NEFT/RTGS Form at any time. You can add 2000 beneficiaries to the Form, and also you can create a very good data base of beneficiaries that can be use in future purpose .Utility have a Label format of Account Holder details, we can just copy and paste […]
We can generate NEFT/RTGS Form within seconds with just a scroll We can add 2000 beneficiaries to the Form. We can use these beneficiaries for generating NEFT/RTGS Form at any time as well as the database of Bank details of parties. We can simply find out the Bank details of parties in future without asking […]
United Bank of India NEFT / RTGS Utility for generating NEFT/RTGS Form at any time. You can add 2000 beneficiaries to the Form, hence when you need somebody’s Bank details in future,You can easily get it from this Form. Along with NEFT / RTGS form, you can Print respective cheque also. Now you are free […]
