Latest Expert Exchange Queries
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) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: articles on VAT and GST in India :: TDS :: due date for vat payment :: VAT Audit :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT RATES :: ACCOUNTING STANDARDS :: list of goods taxed at 4% :: form 3cd :: Central Excise rule to resale the machines to a new company :: empanelment :: TAX RATES - GOODS TAXABLE @ 4% :: cpt :: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes
 
 
General »
 Shah gets notices over civic tax dues
 Tax revenue down in first six months after prohibition
 Post demonetisation, Income Tax department sends 30 cases of irregularities to Enforcement Directorate, CBI
 Don’t rush into a new tax without being prepared
 Can’t tax income from palace rent: Supreme Court
  Withdrawal of Legal Tender Character of the existing Bank Notes in the denominations of ₹ 500/- and ₹ 1000/- (Updated as on November 30, 2016)
 Cases for tax scrutiny will be selected by machines
 Time to revisit 1997 direct tax rates, says P Chidambaram
 Lok Sabha passes Bill to tax black money deposits post demonetisation
 Last day to pay property tax with old notes
 Income tax department asks IDS declarants to pay tax by 30 November

STATE BANK TO ROLL OUT PAPERLESS BRANCHES
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 2016 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