GUIDANCE NOTE ON FATCA and CRS Updated as on 30 th November 2016 Purpose of the Guidance Note This Guidance Note is for providing guidance to the Financial Institutions, Regulators and officers of the Income Tax Department for ensuring compliance with the reporting requirements provided in Rules 114F to 114H and Form 61B of the… Read More »
Procedure for the purposes of furnishing and verification of Form 26A for removing of default of Short Deduction and/or Non Deduction of Tax at Source Notification 11/2016 Dated 02.12.2016
Bank Balance Enquiry using Mobile User can check available balance of the bank account linked to his/her mobile number. The transaction flow to do Balance Enquiry is as follows: Dial *99# from your Mobile handset. Welcome screen will appear asking you to enter your bank’s 3 letters short name or first 4 letters of IFSC.… Read More »
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 02 December, 2016. PRESS RELEASE Sub : Income Tax Investigations Unearth Mis-use of Jan-Dhan Accounts Investigation being conducted by the Income Tax Department across India into the sudden surge in cash deposits in Jandhan accounts have revealed various inconsistencies.… Read More »
Check Mini Statement of Bank on Mobile Mini Statement: -User can generate mini account statement for the bank account linked his/her to mobile number. The transaction flow to generate Mini Statement is as follows: Dial *99# from your Mobile handset. Welcome screen will appear asking you to enter your bank’s 3 letters short name or… Read More »
National Unified USSD Platform (NUUP) NUUP (National Unified USSD Platform) is a USSD based mobile banking service from National Payment Corporation of India that brings together all the Banks and Telecom Service Providers. In NUUP, a customer can access banking services by just pressing *99# from his/her mobile phones. This service works across all GSM… Read More »
Aadhaar Seeding status with bank account. QSAM (Query Service on Aadhaar Mapper) – This service helps user in knowing their Aadhaar Seeding status with their bank account. o This service can be availed by dialling *99*99#. o User will know whether his/her AADHAAR number is seeded/linked to any bank account number or not. o If… Read More »
How to Transfer Fund using Aadhaar Number on Mobile ? Fund Transfer using Aadhaar Number: User can transfer funds by using Aadhaar Number of the Beneficiary. The transaction flow for funds transfer using Aadhaar Number is as follows: Dial *99# from your Mobile handset. Welcome screen will appear asking you to enter your bank’s 3… Read More »
Immediate Payment Service (IMPS) What is IMPS? Immediate Payment Service (IMPS) is an instant interbank electronic fund transfer service through mobile phones. It is also being extended through other channels such as ATM, Internet Banking, etc IMPS is an innovative real time payment service that is available round the clock. This service is offered by… Read More »
GST Council 5th meeting 02.12.2016 to 03.12.2016