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What is EPF? Employees’ Provident Fund

After a great hue and cry Government exempted taxing of the employers’ contribution on the EPF (Employees’ Provident Fund). But the strange surprise is that Government has issued notification on 10th Feb 2016 that an employee is not eligible to take out the contributions of his/her employer till he/she attains 58 years of age. What

What is EPF? Employees’ Provident Fund

After a great hue and cry Government exempted taxing of the employers’ contribution on the EPF (Employees’ Provident Fund). But the strange surprise is that Government has issued notification on 10th Feb 2016 that an employee is not eligible to take out the contributions of his/her employer till he/she attains 58 years of age. What

Anti Money Laundering in Banking

What is Anti Money Laundering? “Money laundering” is the process by which criminals attempt to hide and disguise the true origin and ownership of the proceeds of their criminal activities, thereby avoiding Prosecution, conviction and confiscation of the criminal funds. The term “Money Laundering” is also used when the funds are used for terrorist financing

Anti Money Laundering in Banking

What is Anti Money Laundering? “Money laundering” is the process by which criminals attempt to hide and disguise the true origin and ownership of the proceeds of their criminal activities, thereby avoiding Prosecution, conviction and confiscation of the criminal funds. The term “Money Laundering” is also used when the funds are used for terrorist financing

Locker  facility in Non Banking Finance Companies/NBFC

To understand what role NBFC going to play in new locker facility permission provided by Regulatory, let us first understand what is locker facility Locker facility Locker is a place where we keep our things safe.  The main advantages of a Bank Locker are – we are able to maintain our Privacy, Secrecy and keep

Locker facility in Non Banking Finance Companies/NBFC

To understand what role NBFC going to play in new locker facility permission provided by Regulatory, let us first understand what is locker facility Locker facility Locker is a place where we keep our things safe.  The main advantages of a Bank Locker are – we are able to maintain our Privacy, Secrecy and keep

Structured and Unstructured Interviews

Structured Interviews are one wherein while holding the interview, the Interviewer will be holding a Questionnaire and will be referring to it quite often.  The Interview will be focused fully on the areas which are pre determined, and questions will mostly cover only those points mentioned therein.  These would normally cover the areas related to

Structured and Unstructured Interviews

Structured Interviews are one wherein while holding the interview, the Interviewer will be holding a Questionnaire and will be referring to it quite often.  The Interview will be focused fully on the areas which are pre determined, and questions will mostly cover only those points mentioned therein.  These would normally cover the areas related to

SAFE DEPOSIT VAULTS/SAFE DEPOSIT LOCKERS

Safe Deposit Vault or Safe Deposit Lockers are the facilities provided by banks to their customers to keep their valuables. This facility is not offered through all bank branches and wherever the facility is offered, allotment of safe deposit vault will be subject to availability and compliance with other terms and conditions related to this

SAFE DEPOSIT VAULTS/SAFE DEPOSIT LOCKERS

Safe Deposit Vault or Safe Deposit Lockers are the facilities provided by banks to their customers to keep their valuables. This facility is not offered through all bank branches and wherever the facility is offered, allotment of safe deposit vault will be subject to availability and compliance with other terms and conditions related to this