The Income Tax (IT) Department has warned against excessive cash transactions and violations would trigger heavy penalties ...

VMPL Mumbai Maharashtra [India] January 9 IDFC FIRST Bank announced its integration with Income Tax Portal to collect Direct ...

The RBI is launching a beneficiary account name look-up feature for RTGS and NEFT systems to prevent incorrect fund transfers ...

Serbia is prepared to buy out Russia’s shares in Naftna Industrija Srbije (NIS), a crucial energy company in the country, in ...

There have been many instances where remitters remitted funds to the wrong beneficiary. This new rule will help to limit the ...

The RBI has mandated that financial institutions offering RTGS and NEFT services adopt a beneficiary account name ...

The Reserve Bank of India has announced a new initiative to introduce a beneficiary account name look-up facility for RTGS ...

By April 2025, banks must provide a facility to verify beneficiary account names during NEFT and RTGS transactions, as ...

Hyderabad: The Telangana Cyber Security Bureau (TGCSB) has begun the New Year with the ‘Cyber Jaagrookta Diwas’. On Wednesday ...

The Reserve Bank of India (RBI) has asked the National Payments Corporation of India (NPCI) to develop a facility to allow ...

The Reserve Bank of India will introduce a name look-up facility for RTGS and NEFT systems by April 1, 2025. This will allow ...