Category Archives: Banking & Financial Help

LAST DATE OF SUBMISSION FOR SFT: Statement of Financial Transaction Extended to 30th June 2017

CBDT through Notification no F.No.279/Misc/M-63/2017-IT dated 31st May 2017 has extended the last date of submission of Form 61A for Statement of Financial Transaction (SFT) to 30th June 2017. SFT is required to be submitted for FY 2016-17 i.e AY 2017-18. In case of non compliance of rule 114E penalty of Rs 100 per day of… Read More »

RBI nudging banks to furnish potential NPAs

Banks may soon be asked to provide  – set aside funds – for potential non-performing assets (NPAs) and weak assets, sources aware of the development said. Sources said that banks cold be asked to provide for potential weak assets which, although require standard asset provisioning as per IRAC norms, could burden banks’ Balance Sheets in… Read More »

Recommendations on Medium-term Path on Financial Inclusion

RBI releases Deepak Mohanty Panel’s report on Financial Inclusion The Reserve Bank of India has placed the report of the Committee on Medium-term Path on Financial Inclusion (Chairman:  Deepak Mohanty). Objective: The Committee was constituted with the objective of working out a medium-term (five year) measurable action plan for financial inclusion. About the Committee: The committee,… Read More »

Search PAN Number using Name and Date of Birth Income Tax Department : Check PAN Card Status by Name and Date of Birth

Checking /Knowing Your PAN Card Status or PAN Card Details like PAN Number using name and date of birth is not a rocket science. Anyone can search their or other persons PAN card Number or Details using the Name & Date of Birth or by using the acknowledgement number which had been given to them when… Read More »