Latest Expert Exchange Queries

GST Demo Service software link:
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Popular Search: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: form 3cd :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARD :: ARTICLES ON INPUT TAX CREDIT IN VAT :: due date for vat payment :: ACCOUNTING STANDARDS :: list of goods taxed at 4% :: TAX RATES - GOODS TAXABLE @ 4% :: TDS :: cpt :: empanelment :: articles on VAT and GST in India :: VAT Audit :: VAT RATES
« General »
 India’s GST among most complex in world, and it is 0% tax rate that is hurting the idea
 Can’t overrule courts with retrospective amendments, says Supreme Court
 Why tax planning should be an all-year round activity
 8 financial tasks you should do in the next 30 days
 Income Tax department may defend CPC in returns fraud case
  Income tax department sends notices to investors over tax treaty gains
 Seven months after GST rollout: Time for handholding over, Centre to intensify efforts to curb tax evasion
 Individual angels may get tax relief too
 The differences between tax and cess
 Startups that raised funds from angel investors face tax scrutiny
 Tax collection assumptions in India's budget ambitious

July, 01st 2010

State Bank of India is inching towards the world banking industry's goal of offering paperless branches. The bank is rolling out paperless teller counters in 51 branches across 14 circles in the country. We are rolling out such counters, known as green channel counters, on a pilot run. We will replicate the model soon after getting feedback from the clients, said a top SBI official. The bank's chairman OP Bhatt is likely to formally inaugurate green channel counters on Wednesday.

Green channel counters means that teller transactions in those counters will be entirely paperless, the official added. Tata Consultancy Services is providing SBI with the necessary technological back-end for the project. The international banking community has been very active on finding out ways to remove paper cheques apart from other measures to reduce paper-based transactions.

In tune with trends worldwide, SBI has already been proactive in coming out with paper-saving measures like online banking, mobile banking and electronic statements. The bank has already accelerated its investments in improving business processes, but branches are still paper-ridden, said the official.

So far, SBI has limited per person per day transactions to Rs 40,000. A customer can withdraw, deposit or even transfer money through the green channel counters. He will require a debit card to do the transactions, the official said.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Portfolio

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions