The finance ministry is considering an amendment to Section 40A of the Income Tax Act to check unaccounted transactions by business assessees through crossed cheques and demand drafts. Section 40A ...

Withholding tax at the rate of 0.3 percent would not be applicable on interbank or intra-bank transfer of funds and payments made through crossed cheques for purchase of financial instruments. Through ...

Bhayandar: Sleuths of the Navghar police in Bhayandar have arrested a 38-year-old fraudster for his alleged involvement in duping people by taking crossed and cancelled cheques inked with erasable ...

In the world of banking, cheques and demand drafts remain essential financial instruments for secure and reliable ...

TO many of us, the idea of a crossed cheque is quite simple - it can only be deposited in your bank account and can't be cashed. It's as safe as houses you might think. But not if you are a civil ...

The State Bank Of Pakistan has announced measures to limit person-to-person interaction of customers Customers may drop their cheques in drop boxes of their banks or have them collected from ...

Usually, banks issue chequebooks to savings account holders. Banks issue cheques to both current account holders and savings account holders. In this era of UPI and digital transactions, the ...

At a time when the chequebook is most in use, Westpac is reminding customers to be careful when writing cheques. With more than 185 million cheque payments made in New Zealand in 2005, the chequebook ...