Home » Archives by category » Business » Money (Page 2)

SBI reduces NEFT, RTGS charges up to 75%

SBI reduces NEFT, RTGS charges up to 75%

In a move to promote digital transactions, State Bank of India has reduced its fees for online money transfer services – NEFT (national electronic funds transfer) and RTGS (real time…

Now pay taxes, apply for PAN, solve I-T issues via CBDT app

Now pay taxes, apply for PAN, solve I-T issues via CBDT app

Paying income tax, applying for PAN and seeking redressal of grievances have become easier as the tax department launched an app allowing taxpayers perform basic functions through their smartphone. The…

Customers should report fraud in 3 days to avoid losses: RBI

Customers should report fraud in 3 days to avoid losses: RBI

Customers will not suffer any loss if unauthorised electronic banking transactions are reported within three days and the amount involved will be credited in the accounts concerned within 10-days, the…

Banking services turn costlier post GST

Banking services turn costlier post GST

The newly implemented Goods and Services Tax (GST) has not just impacted various business industries, but also affected the financial transactions costs. Banking services including ATM withdrawals, cash deposits, demand…

Credit card bill payment exempt from cash dealing limit

Credit card bill payment exempt from cash dealing limit

Restrictions on cash dealings of Rs 2 lakh or more will not apply to credit card bill payments, business correspondents appointed by banks and issuers of prepaid instruments, the revenue…

SC gives Centre, RBI time to devise plan for depositing demonetised currency

SC gives Centre, RBI time to devise plan for depositing demonetised currency

The Supreme Court on Tuesday granted the Centre and the Reserve Bank of India two weeks to consider the option of granting a window to those who could not deposit…

Govt slashes small savings rates by 0.1%

Govt slashes small savings rates by 0.1%

The government has lowered interest rate on small saving schemes like PPF, Kisan Vikas Patra and Sukanya Samriddhi by 0.1 per cent for the July- September quarter, a move that…

Aadhaar-PAN linking must from July 1; Govt notifies rules

Aadhaar-PAN linking must from July 1; Govt notifies rules

The government has made it mandatory to link existing Aadhaar numbers with PAN of taxpayers with effect from July 1. Amending income tax rules and notifying the same, the government…

Govt asks banks to deposit junked notes at RBI by July 20

Govt asks banks to deposit junked notes at RBI by July 20

The government has permitted banks and post offices to deposit junked Rs 500 and Rs 1,000 notes with the Reserve Bank by July 20. This is the second window the…

GST: Credit card bill, insurance premium to get costlier

GST: Credit card bill, insurance premium to get costlier

Credit card providers, banks and insurers have started alerting their customers to pay higher tax post implementation of Goods and Services Tax (GST) from July 1. Customers currently pay 15…