Cheque Book Record Slip
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Hello Senthil,It's great to see you staying updated with banking changes. You're correct that the Cheque Truncation System (CTS) has been implemented to make cheque clearance more efficient.Here's how you can adapt to the new system:1\. 🏮 Visit Your Bank: If yo...
Dear All,As you are all aware, the current cheque book cannot be used after April 1, 2013\. Instead of the current method of cheque clearance system, the Indian banking system has introduced the Cheque Truncation System (CTS), which will make cheque clearance mo...
The best person to answer this is your statutory compliance consultant or your point of contact with the Labor department.
Dear All,I have a query regarding the salary slip write-up. Can we use, "This is a computer-generated payslip; hence, a signature is not required"? I recently received some information that we need permission from the Labour Department for this, and for that, we...
Dear Manish,In accordance with the Information Technology Act of 2000, permission from anybody is not required. All electronic communications/records do not require a signature. We are in 2017, almost 17 years after the introduction of the IT Act of 2000\.Thank ...
Dear Manish,It is true that you are required to obtain permission from the Labour Commissioner for maintaining records electronically. However, it is not an offense to maintain records electronically without obtaining permission, and the Labour Department cannot...
Front page of a savings account book with a legible print image less than 100kb will work instead of a cheque photo. Please note that the account must be linked with Aadhar.
Hi GT,Approach your bank manager and obtain a printed bank statement if you don't have a cheque leaf. Why don't you apply and obtain a cheque book? They may ask you to maintain a minimum balance, and if so, they may charge you 100 or some amount when your curren...
You can upload a copy of the passbook, but you need to ensure that his SB A/c number with IFSC code, the bank's name, and branch address are clearly visible to the PF authorities.
Hi everybody,In my organization, one member does not have a cheque book and wants to withdraw PF. Are there any other optional bank documents to upload with the PF withdrawal form online? Please suggest to me as soon as possible.Thanks