Free Banking Services

Banks have started providing doorstep services for customers. Learn all the services provided by them and the procedure to avail one. During such difficult times in pandemic, financial institutions have been working extra hard, now that…

In a very strange move, Income Tax Dept. last month had issued a notification wherein every bank was ordered to pay GST on free banking services rendered to bank customers who are maintaining minimum bank balance. As per latest updates…

In lieu of non-maintenance charges, banks provide basic banking services such as ATM withdrawals, chequebooks, etc. In a surprise move, Directorate General of Goods and Services Tax Intelligence (DGGST) has contacted all leading banks and…

After several credible and traditional news publications had shared reports that free banking services in public sector banks shall cease to exist after 20th January 2018, the Indian Banks’ Association (IBA) has clarified that no such thing…