Articles for Financial Transactions

UPI achieves record 15,000 crore transactions worth ₹223 Lakh Crore by Nov 2024
1 week, 1 day ago

UPI achieves record 15,000 crore transactions worth ₹223 Lakh Crore by Nov 2024

Hindustan Times  

The Finance Ministry said on Saturday that from January to November of this year, 15,547 crore transactions of ₹223 lakh crore were handled through the Unified Payments Interface. From January to November of this year, 15,547 crore transactions of ₹ 223 lakh crore were made over the Unified Payments Interface, "demonstrating its transformative impact on financial transactions" in India.) The …

India Financial Transactions Payment Crore Transactions Upi
Centre freezes 4.5 lakh mule accounts in crackdown on fraud
1 month, 1 week ago

Centre freezes 4.5 lakh mule accounts in crackdown on fraud

Deccan Chronicle  

The Indian government has frozen 4.5 lakh "mule" accounts as part of a crackdown on financial fraud and money laundering. These accounts were reportedly being used for illicit financial activities, acting as intermediaries to facilitate illegal transactions or fund transfers, often as part of larger criminal networks. The operation, led by the Enforcement Directorate and other financial regulatory agencies, aims …

Financial Accounts Mule Accounts
Top UK Bookmakers Online 2024
Trending News
1 month, 2 weeks ago

Top UK Bookmakers Online 2024

The Independent  

We have been busy collating all the information ready to guide you through the landscape of the online betting industry to bring you a carefully selected list of the best betting sites in the UK. Unibet Pros Unibet Cons Wide selection of daily horse racing offers App could be improved when compared with other UK bookies Refer a friend free …

Horse Racing Live Streaming Credit Card Welcome Online Financial Transactions Chelsea
Best PayPal betting sites 2024
2 months, 2 weeks ago

Best PayPal betting sites 2024

The Independent  

Convenience is often a determining factor for many decisions on a daily basis, and that includes which payment methods are available to us on sport betting sites. Bet365 Bet365 is a renowned site in the sports betting field, certainly one of the best PayPal betting sites. Although they may only offer three types of financial transactions, LiveScore Bet still feature …

Horse Racing Financial Transactions Betting Payment Site Sites Betmgm
ITR Filing: Why It Is Necessary to File Income Tax Return AY 2024-25 Well Before the Deadline?
5 months, 2 weeks ago

ITR Filing: Why It Is Necessary to File Income Tax Return AY 2024-25 Well Before the Deadline?

News 18  

Filing your income tax return is not just a financial formality; it is a crucial responsibility for every taxpayer in India. As we approach the July 31, 2024, deadline to file the income tax return, it is essential to understand why filing your ITR well before the deadline can significantly benefit you. Conclusion “Filing your Income Tax Return well before …

Financial Tax Financial Transactions Income Return Deadline Itr Filing
Banks blocking thousands of abusive messages sent in transfer descriptions in apps
7 months, 1 week ago

Banks blocking thousands of abusive messages sent in transfer descriptions in apps

ABC  

In short: An ongoing Commonwealth Bank pilot tackling financial abuse has identified strong enough cases to refer to police. Domestic violence support service Full Stop Australia's client and clinical services director Tara Hunter said bank transaction messages were a last resort through "any means necessary" for perpetrators. Perpetrators will 'take absolutely every single measure' Ms Hunter said banks stepping up …

Abuse Financial Financial Abuse Bank Messages Cba Ms Hunter
Akshaya Centres Not Meant To Create Unauthorized Wealth, Authorities Should Take Action To Prevent Proscribed Financial Transactions: Kerala HC
10 months, 2 weeks ago

Akshaya Centres Not Meant To Create Unauthorized Wealth, Authorities Should Take Action To Prevent Proscribed Financial Transactions: Kerala HC

Live Law  

The Kerala High Court has stated that authorities should step in and take action if any person uses Akshaya Centres to enter into illicit financial transactions and create unauthorized wealth and illegal gains, contrary to public interest. The petitioners had approached the Court challenging the orders issued by the District Collector and the Director of the Akshaya Project for the …

Court Financial Transactions Licence Centre Her Name Transactions Petitioner
Digital Banking To Crypto To KYC: Fintech Is Reshaping Finance, Can Beat Disruptions With 5 Principles
1 year, 1 month ago

Digital Banking To Crypto To KYC: Fintech Is Reshaping Finance, Can Beat Disruptions With 5 Principles

ABP News  

By Vinod K Singh In the past half-decade to a decade, we've borne witness to a remarkable technological transformation, encompassing a broad spectrum that includes, though is certainly not confined to, the ascent of the Internet of Things, cloud computing, blockchain, cryptocurrencies, artificial intelligence, and machine learning. Fintech pioneers are engineering innovative solutions that streamline processes, heighten customer experiences, and …

Technology Finance Insurance Machine Learning Innovation Financial Crypto
Have 'red diary' with...: Sacked Rajasthan minster's claim against Ashok Gehlot
1 year, 4 months ago

Have 'red diary' with...: Sacked Rajasthan minster's claim against Ashok Gehlot

India Today  

Former Rajasthan minister Rajendra Gudha on Monday claimed that he had a 'red diary' containing details of alleged irregular financial transactions of Chief Minister Ashok Gehlot. Rajendra Gudha, who was recently sacked as a minister for raising concerns about the safety of women in Rajasthan, claimed that he got the diary during an income tax raid at Congress leader Dharmendra …

Assembly Congress Financial Transactions Red Gehlot Diary Congress Mlas
Financial Transactions With Co-Accused Alone Not Sufficient To Impose Embargo U/S 37 NDPS Act: Kerala High Court
1 year, 5 months ago

Financial Transactions With Co-Accused Alone Not Sufficient To Impose Embargo U/S 37 NDPS Act: Kerala High Court

Live Law  

The Kerala High Court on Thursday held that mere reliance on financial transactions and the confession of a co-accused should not be considered sufficient grounds for imposing an embargo of Section 37 of the Narcotic Drugs and Psychotropic Substances Act.While refraining from making a conclusive finding at this stage, Justice Ziyad Rahman A.A held that the absence of substantial evidence. …

Financial Court Kerala High Court Financial Transactions Accused Transactions Petitioners
Aadhaar-PAN Linking Not Mandatory For These Individuals, Check Details Here
1 year, 8 months ago

Aadhaar-PAN Linking Not Mandatory For These Individuals, Check Details Here

News 18  

PAN-Aadhaar Link: It is mandatory to link your PAN with Aadhaar. PAN is a mandatory requirement for various financial transactions, including opening a bank account, filing income tax returns, making investments, and buying or selling immovable property. Both registered and unregistered users can link their Aadhaar and PAN on the e-Filing portal of Income Tax Department, in both pre log …

India Tax Aadhaar Financial Transactions Income Link Mandatory
PAN Aadhaar Not Linked? After March 31, Be Ready To Face These Consequences
1 year, 9 months ago

PAN Aadhaar Not Linked? After March 31, Be Ready To Face These Consequences

News 18  

PAN-Aadhaar Link: PAN Card stands for Permanent Account Number Card. PAN Card is an essential document in India for several reasons and you will not be able to use the PAN card from April 1, 2023 if it is not linked with your Aadhaar number by March 31. Linking of PAN with Aadhar Number As per section 139AA in the …

India Tax Aadhaar Financial Transactions Card Link Pan Number
CBDT Notifies e-Verification Scheme To Encourage Voluntary Tax Compliance
1 year, 9 months ago

CBDT Notifies e-Verification Scheme To Encourage Voluntary Tax Compliance

Live Law  

The Central Board of Direct Taxes has issued a press release introducing the e-Verification Scheme to encourage voluntary tax compliance and facilitate a transparent and non-intrusive tax administration.Using information technology effectively, the scheme aims to share and verify the financial transaction information with the taxpayer, which appears to be either unreported or. The Central Board of Direct Taxes has issued …

Financial Tax Financial Transactions Scheme Taxpayer Cbdt Voluntary Tax Compliance
IT officials raid realtors in TS, AP
1 year, 11 months ago

IT officials raid realtors in TS, AP

Deccan Chronicle  

HYDERABAD: Officials from the Income Tax department on Wednesday conducted searches on the premises of construction firms and businessmen, who funded Tollywood producers. After forming different teams, the officials conducted raids in 35 locations in Andhra Pradesh and Telangana, including Hyderabad, where they verified the financial transactions of several infrastructure business firms in the city. Sources said that the officials …

Tollywood Financial Transactions Officials Raid
US House Republicans open long-promised investigation into Biden family
1 year, 11 months ago

US House Republicans open long-promised investigation into Biden family

India Today  

House Republicans on Wednesday opened their long-promised investigation into President Joe Biden and his family, wielding the power of their new majority to demand information from the Treasury Department and former Twitter executives as they laid the groundwork for public hearings. “In their first week as a governing majority, House Republicans have not taken any meaningful action to address inflation …

Family Investigation White House Financial Transactions Biden Republicans House Republicans
GOP opens long-promised investigation into Biden family
1 year, 11 months ago

GOP opens long-promised investigation into Biden family

Associated Press  

WASHINGTON — House Republicans on Wednesday opened their long-promised investigation into President Joe Biden and his family, wielding the power of their new majority to demand information from the Treasury Department and former Twitter executives as they laid the groundwork for public hearings. “In their first week as a governing majority, House Republicans have not taken any meaningful action to …

Family Investigation White House Financial Transactions House Biden Gop
Spare a thought for the trilemma of central bank digital currencies
2 years, 1 month ago

Spare a thought for the trilemma of central bank digital currencies

Live Mint  

Central banks around the world continue to contemplate issuing their own digital currencies. Yet another motivation for the stampede to CBDCs is the inchoate belief that financial and even geopolitical primacy will turn on which central banks are quickest to issue one. Ultimately, central banks face a ‘trilemma’ when contemplating CBDC issuance. Central banks can have only two of three …

India China Financial Payments Bank Digital Central Banks
OPINION: How India Can Emerge As A Crypto And Blockchain Hub, With A Robust Policy
2 years, 1 month ago

OPINION: How India Can Emerge As A Crypto And Blockchain Hub, With A Robust Policy

ABP News  

India is currently on the forefront of witnessing the emergence of innovative technologies. What the future of India’s crypto and blockchain sector looks like When we look at conventional financial transactions, there are several intermediaries besides the payee. Even though these kinds of banks might sound new, they can let people keep, buy, and sell their crypto holdings alongside a …

India Market Financial Blockchain Crypto Financial Transactions
Coimbatore car blast | Financial transactions of the accused persons and kin under the scanner
2 years, 1 month ago

Coimbatore car blast | Financial transactions of the accused persons and kin under the scanner

The Hindu  

The investigation into the recent car blast in front of the Sangameswarar temple in Coimbatore will cover the financial transactions of the seven known accused and their relatives, sources in the police department said. The financial transactions came under the scanner as the investigators wanted to check whether the accused persons received any financial support from others. The police sources …

Financial Financial Transactions Accused Nia Transactions Car Blast Coimbatore Car Blast
Income tax return: What Annual Information Statement (AIS) means for taxpayers?
2 years, 11 months ago

Income tax return: What Annual Information Statement (AIS) means for taxpayers?

Live Mint  

ITR filing: The last date for income tax return or ITR filing for AY 2021-22 is 31st December 2021. Speaking on what this Annual Information Statement means for a taxpayer, Mumbai-based tax and investment expert Balwant Jain said, "AIS is nothing but a statement of financial transactions furnished to it by various entities in respect a taxpayer collated by the …

Tax Financial Transactions Income Statement Annual Pan Itr
What is Account Information Statement: All you need to know
2 years, 11 months ago

What is Account Information Statement: All you need to know

Hindustan Times  

The Income Tax Department on November 1 launched a new feature known as the Annual Information Statement, which is a detailed statement of all financial transactions carried out by a taxpayer in a financial year. Part B, meanwhile, has comprehensive details such as tax deducted at source, tax collected at source specified financial transactions, payment of taxes, tax demand, refund …

Tax Information Financial Transactions Statement Transactions Pdf Ais
Income tax: What Annual Information Statement (AIS) means for you?
3 years ago

Income tax: What Annual Information Statement (AIS) means for you?

Live Mint  

The Central Board of Direct Taxes recently announced availability of Annual Information Statement to the taxpayer. AIS is nothing but a statement of financial transactions furnished to it by various entities in respect a taxpayer collated by the tax department based on the PAN. 26AS, the AIS has details of all the transaction which are reported by certain entities under …

Tax Financial Transactions Income Mutual Funds Report Department Pan
Annual Information Statement New Format: Check Out Perks, Features, Key Details
3 years, 1 month ago

Annual Information Statement New Format: Check Out Perks, Features, Key Details

News 18  

The Income Tax Department has introduced a new format for the Annual Information Statement of the taxpayers. The AIS available on the I-T portal is categorised under two tabs- Annual Information Statement and Taxpayer Information Summary. While AIS contains comprehensive information of TDS/TCS, Bank interest Mutual funds, foreign remittance and dissidents, TIS gives aggregated value of such information Now, AIS …

Tax Information Financial Transactions Format Tds Taxpayers Ais
Fake billing scam: Punjabi University orders audit of financial transactions in last 5 years
3 years, 5 months ago

Fake billing scam: Punjabi University orders audit of financial transactions in last 5 years

Hindustan Times  

The Punjabi University authorities have directed the heads and officials of all academic and non-teaching departments to carry out self-audit of their financial transactions in the last five years. The order came weeks after a fake billing scam came to the fore in the varsity after which two of its employees were suspended and a contractual staffer was dismissed. In …

University Financial Transactions Department Punjabi University Fake Billing Scam