Bank Accounts

Showing of 41 - 60 from 91 results
Bank Accounts - Total results - 91
Govt savings through direct benefit transfer touches Rs 65,000 crore, claims Prakash Javadekar
Business

Govt savings through direct benefit transfer touches Rs 65,000 crore, claims Prakash Javadekar

DBT enables linking of Aadhar card to bank accounts and other subsidised services availed by citizens, covering a slew of government schemes.

Panama Papers verdict: Pakistani anti-corruption body seeks bank details of Nawaz Sharif and his family members
World

Panama Papers verdict: Pakistani anti-corruption body seeks bank details of Nawaz Sharif and his family members

Pakistan's top anti-corruption body has sought the details of bank accounts of ousted prime minister Nawaz Sharif and his family from the State Bank of Pakistan, according to a media report on Friday

Income taxpayer base widens to 6.26 cr as of 2016-17, a huge jump, claims CBDT head
Business

Income taxpayer base widens to 6.26 cr as of 2016-17, a huge jump, claims CBDT head

Post-demonetisation, the department has taken a host of measures to increase tax base and the statement of financial transaction (SFT) report filed by banks shows widening of taxpayer base.

Home ministry asks 1,900 NGOs to validate bank account for foreign contributions or face penal action
India

Home ministry asks 1,900 NGOs to validate bank account for foreign contributions or face penal action

The Union home ministry has warned over 1,900 NGOs of penal action for their failure to validate their foreign contribution designated bank accounts.

I-T dept wants you to self-certify bank accounts opened between July 2014-Aug 2015 by 30 April
Business

I-T dept wants you to self-certify bank accounts opened between July 2014-Aug 2015 by 30 April

The tax department had on 31 August 2016 indefinitely extended the deadline for complying with self-certification norms

Banks get time till 30 June to obtain PAN from a/c holders
Business

Banks get time till 30 June to obtain PAN from a/c holders

The tax department had in January asked banks, post offices and cooperative banks to document PAN or declaration of Form 60 received from account holders and maintain all records for transactions under Rule 114B of I-T Act.

Bank of Maharashtra helps Malangaon go cashless by opening Aadhaar-liked bank accounts
News & Analysis

Bank of Maharashtra helps Malangaon go cashless by opening Aadhaar-liked bank accounts

Bank of Maharashtra has made Malangaon village in the state completely cashless by opening Aadhaar-linked bank accounts for its residents.

Govt to kick start new income declaration under PMGKY scheme tomorrow; stiff penalties proposed
Business

Govt to kick start new income declaration under PMGKY scheme tomorrow; stiff penalties proposed

People with unaccounted cash can disclose it under PMGKY scheme by paying 50 percent tax and penalty before 31 March, 2017, said Revenue Secretary Hasmukh Adhia

Demonetisation: Construction workers return home as cash crunch heightens
Politics

Demonetisation: Construction workers return home as cash crunch heightens

Property enquiries, meanwhile, have slumped by 80 percent around the Indian capital since the cash crackdown, according to property portal 99acres

Demonetisation: SC soughts Centre's response on whether district cooperative banks can be allowed deposits in demonetised notes.
India

Demonetisation: SC soughts Centre's response on whether district cooperative banks can be allowed deposits in demonetised notes.

Keeping in mind that the law under which the 8 November notification was issued for demonetisation has been challenged, the bench proposed to frame legal questions and told Rohatgi that since a detailed and long hearing would be required, he should ponder over whether the matter can be referred to a five-judge constitution bench.

Pay day highlights: Cash crunch escalates; pensioners hit hard in Maharashtra
India

Pay day highlights: Cash crunch escalates; pensioners hit hard in Maharashtra

For most Indians, this pay day is going to be unlike any other. The reason being the cash crunch due to the demonetisation of Rs 500 and Rs 1,000 notes.

ICICI Bank will transform 100 villages in 100 days in effort to provide digital ecosystem in rural India
News & Analysis

ICICI Bank will transform 100 villages in 100 days in effort to provide digital ecosystem in rural India

The financial institution has decided to convert all of the 100 villages into 'ICICI Digital Villages' which is in line with the bank's effort to arrange digital ecosystem across the country.

Unaccounted deposits disclosed to taxman face 50% tax, lock-in
Politics

Unaccounted deposits disclosed to taxman face 50% tax, lock-in

In case the disclosure is not made and the unaccounted money is detected by tax authorities, it will be charged with 60 per cent tax and a longer lock-in period

Demonetisation puts focus on NPCI's UPI: Key facts you need to know about the product
Business

Demonetisation puts focus on NPCI's UPI: Key facts you need to know about the product

Although, the market is flooded with an array of debit and credit cards from numerous banks over the past few years that aids online transactions, the NPCI's United Payments Interface (UPI) is a easy to use app

Demonetisation: IT sleuths begin crackdown on 'Pakistan money laundering model'
India

Demonetisation: IT sleuths begin crackdown on 'Pakistan money laundering model'

This brewing scandal to dodge demonetisation policy is just the tip of 'rent an account' iceberg.

Rs 500, Rs 1,000 note ban: 20% notes may not be exchanged, people burn some in UP
India

Rs 500, Rs 1,000 note ban: 20% notes may not be exchanged, people burn some in UP

Many possessing Rs 500 and Rs 1,000 notes are unlikely to come forward and exchange or deposit the notes in bank accounts. Their situation was possibly exacerbated by the government's announcement that cash deposits above Rs 2,5 lakh threshold under the 50-day window could attract tax and a 200 percent penalty in case of income mismatch.

Tesco Bank stops online transactions after money stolen from 20,000 bank accounts
News & Analysis

Tesco Bank stops online transactions after money stolen from 20,000 bank accounts

Tesco Bank, owned by Britain's biggest retailer Tesco, halted online transactions from all current accounts on Monday after money was stolen from 20,000 of them in the country's first such cyber heist.

Switzerland publishes list of dormant bank accounts for first time
World

Switzerland publishes list of dormant bank accounts for first time

Switzerland on Wednesday published for the first time a list of dormant bank accounts to give their owners' heirs a chance to come forward and claim the funds.

Gujarat HC rejects Teesta Setalvad's plea for defreezing bank accounts
India

Gujarat HC rejects Teesta Setalvad's plea for defreezing bank accounts

The Gujarat High Court rejected the pleas of social activist Teesta Setalvad and her husband Javed Anand for defreezing their personal bank accounts.