As of April 1, 2023, the start of the next fiscal year, there will be significant changes in the banking schedule that customers should be aware of. In particular, individuals should take note of the bank holidays in April 2023 and make arrangements for their bank visits accordingly, bearing in mind that holidays vary depending on the state in which they reside. During … [Read more...] about April 2023 Bank Holidays: State-Wise List of 15 Days Banks Will Be Closed
Banking News
New NPCI Proposal Suggests Interchange Fee of Up to 1.1% for PPI UPI Transactions over ₹2,000
Starting from April 1st, an interchange fee of up to 1.1 percent will be applicable on prepaid payment instruments (PPIs) for merchant Unified Payments Interface (UPI) transactions, according to the National Payments Corporation of India (NPCI). The fee will be levied on UPI payments over INR 2,000 made to online merchants, large merchants, and small offline merchants. … [Read more...] about New NPCI Proposal Suggests Interchange Fee of Up to 1.1% for PPI UPI Transactions over ₹2,000
How To Check The Aadhar Pan Link Status? – 3 Ways (March 31st Deadline)
The Aadhaar and PAN cards are two important documents that serve as identity and address proofs for Indian citizens. The government of India has made it mandatory to link Aadhaar with PAN to streamline tax-related services and prevent tax evasion. Checking the Aadhaar PAN link status is a straightforward process that can be done online through the official websites of the … [Read more...] about How To Check The Aadhar Pan Link Status? – 3 Ways (March 31st Deadline)
March 31st Deadline Must-Dos: 8 Tasks to Tackle Now
With March 31, 2023, just around the corner, it's time for all taxpayers, including individuals, freelancers, and corporations, to take stock of their finances and plan accordingly. With Income Tax and GST deadlines fast approaching, it's important to stay on top of the latest regulations to avoid any last-minute confusion. Here are the things you need to keep in mind before … [Read more...] about March 31st Deadline Must-Dos: 8 Tasks to Tackle Now
RBI’s New Notice: Banks Must Keep Branches Open Till End of Financial Year
March is a month of mixed emotions. For many, it signals the end of winter, and the beginning of the beautiful spring season. However, for banks and financial institutions, March means the end of the financial year. With the annual closing of accounts scheduled for March 31, banks are required to complete all necessary work. In light of this, the Reserve Bank of India (RBI) … [Read more...] about RBI’s New Notice: Banks Must Keep Branches Open Till End of Financial Year