Smart and Easy Cheque Printing Software
Press Releases Date : Nov 08, 2016 Withdrawal of Legal Tender Status for Rs. 500 and Rs. 1000 Notes: RBI Notice (Revised) Government of India vide their Notification no. 2652 dated November 8, 2016 have withdrawn the Legal Tender status of Rs. 500 and Rs. 1,000 denominations of banknotes of the Mahatma Gandhi Series issued by […]
The government has notified the Negotiable Instruments (Amendment) Bill, 2015 which allows filing cheque bounce cases in a court at a place where the cheque was presented for clearance and not the place of issue. The Negotiable Instruments (Amendment) Bill, 2015 was passed by Parliament in the recently concluded Winter Session. “The provisions of the […]
RBI has decided to dispense with the requirement of physically forwarding paid central government cheques to the departments for clearance. With a view to enhancing efficiency in cheque clearing, Reserve Bank has introduced Cheque Truncation System (CTS) for clearance of cheques, facilitating the presentation and payment of cheques without their physical movement. Taking this initiative […]