Page 16 - Processing Centre News Today

Card issuers are restricted from offering unsolicited credit cards and are required to get the customers prior and explicit authorisation before issuing the card, according to the Reserve Bank of India (RBI) rules.

Jhumlabang iron mine in Rukum East is estimated to contain a hematite deposit of 200 million tonnes spread over 100 hectares.

Fresh tax notices to FPIs over capital gains : Rashtra News The I-T department has asked multiple foreign portfolio investors (FPIs) to cough up more taxes on their capital gains after denying set-off and tax treaty benefits, people aware of the development said. The notices were issued by the Centralised Processing Centre (CPC) of the

Businesses often get overwhelmed by the sheer volume of documents and complicated workflows. Canon Business Services helps them get unstuck with customised digitisation solutions. In today's fast-paced landscape, businesses struggle to manage extensive document workflows efficiently. A leading insurance brokerage firm in Asia found itself bogged down by the scanning and mailing out of claim documents. Overwhelmed by high volumes...

TDS on salary, income tax refund: A salaried is required to choose tax regime twice - one for tax deducted on salary by employer and secondly while filing ITR.

The complaints pertained to mobile/electronic banking, loans and advances, ATM/debit cards, credit cards, pension payments, remittances, and para banking, among others

The inquiry will investigate alleged mistreatment of asylum seekers at the centre in 2022.

The RBI annual report further added that 7,03,544 complaints were received at the ORBIOs (RBI Ombudsman ).

Customer complaints with the Reserves Bank Ombudsman increased by 68% in 2022-23. Under RBIOS, the central bank handled 7,03,544 complaints, with public sector banks accounting for 41% and private sector banks accounting for 31% of the complaints.

As per a Budget announcement, the Income Tax department has set a limit of ₹1 lakh per assessee for the withdrawal of small tax demands.