A certified check ensures that the issuing bank guarantees funds availability, helping recipients trust that the holder's account can cover the check upon use.

A carrying broker is a firm providing essential back-office support like regulatory compliance and credit risk management, enhancing other brokers' efficiency.

After finishing the past two years with an average annual gain of nearly 23%, the financials sector has struggled this year. With a year-to-date loss of around 9%, the cohort ranks last among the S&P ...

The Reserve Bank of India (RBI) has taken a significant step towards liberalising the acquisition financing landscape in ...

Interest is either the cost of borrowing money or the reward for saving or investing it — depending on which side of the transaction you’re on. For borrowers, interest is a percentage of the amount of ...

RBIs draft amendment introduces stronger customer protection rules for electronic banking fraud in rural co-operative banks. Customers may get zero liability or compensation for small-value frauds if ...

The Tribunal relied on official certificates confirming that the land was located beyond municipal limits and classified as agricultural. Since agricultural land is excluded from capital asset ...

Somewhere between the pleasantries and the pitch, it slipped away. Dallas had Eric Kendricks on a screen, a veteran ...

New Income Tax Rules, 1962, mandate banks to gather extensive details on account holders and controlling individuals. This includes self-certification status, joint account specifics, and the nature ...

The Income-tax Rules, 1962 have been amended by the Central Board of Direct Taxes (CBDT) in a notification dated March 5, 2026.

The taxation of royalties had not changed, even with the amendments introduced by the Capital Markets Efficiency Promotion Act (CMEPA). Yet to some, there is confusion. To provide clarity, let me ...

Both sides declared victory after the appellate court parsed the preliminary injunction a federal judge issued last year against enforcement of the law.