Good News! RTGS to be available 24×7 from Dec. 2020

The Governor of the Reserve Bank of India (RBI), Shaktikanta Das in its Statement on Development and Regulatory Policies said that the Real Time Gross Settlement System (RTGS), used for large value transactions, will be made available round-the-clock from December 2020. In December 2019, the National Electronic Funds Transfer (NEFT) system was made available on […]

from Taxscan | Simplifying Tax Laws https://ift.tt/30NjgHj