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Magnetic Ink Character Recognition

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  News for Magnetic Ink Character Recognition

  • Business

FinMin plans 100% I-T e-refunds

 Soon, income tax refunds will be quick and hassle-free, if the finance ministry has its way.The ministry plans to make all refunds directly to the taxpayer’s bank account.A permanent account......

Delhi to have 264 counters for filing I-T returns

 The income tax departmentsaid on Monday it would open 264 special counters from July 21-31 in New Delhi and national capital territory region, to accept returns from individual taxpayers. "The......

Filing tax returns? Fill in a new form this time

 Taxpayers will have to fill in a new form, Saral-II, this tax-filing season. The form, introduced by the Central Board of Direct Taxesin April, is supposed to make filing tax returns easier. The......

Know all about MICR code

 Earlier this month there was some newspaper reports about how a reputed bank in Bengaluru identified fake demand drafts (DD), and alerted the police. In this case the bar codes in the fake DDs......

No more filing returns at post offices

 The income tax department is planning to withdraw a facility introduced last year for filing tax returns at around 2,000 post offices, owing to incomplete and inaccurate returns. Nearly 350,000......

  People speak for magnetic ink character recognition

  • QNA
Shikha Aggarwal
Q. what is CTS & its benefits?
Shikha Aggarwal:  A.  more

http://qna.rediff.com/questions-and-answers/what-is-cts--its-benefits/25032035/answers/

Manoj M
Q. are IFSC and MICR codes different in the context of Banking ... ??? what is the difference ... ..???
Manoj M:  A. Cheque Truncation System (CTS) or Image-based Clearing System (ICS), in India, is a project undertaken by the Reserve Bank of India RBI, for...... more

http://qna.rediff.com/questions-and-answers/are-ifsc-and-micr-codes-different-in-the-context-of-banking-/24493297/answers/25032058

Manoj M
Q. What is the full form of MICR Code ?
Manoj M:  A. Magnetic Ink Character Recognition.......... alloted to banks as code ......... more

http://qna.rediff.com/questions-and-answers/what-is-the-full-form-of-micr-code-/24493297/answers/20315639

K.Kochunarayan
Q. WHAT IS MEANING OF MICR
K.Kochunarayan:  A. It means Magnetic Ink Character Recognition, a procedure adopted by the banking industry, while processing and clearing the cheques...! more

http://qna.rediff.com/questions-and-answers/what-is-meaning-of-micr/20315608/answers/20292069

PM kanchi
Q. What is the full form of MICR (in cheques)?
PM Kanchi:  A. Magnetic Ink Character Recognition, or MICR, is a character recognition technology used primarily by the banking industry to facilitate the...... more

http://qna.rediff.com/questions-and-answers/what-is-the-full-form-of-micr-in-cheques/20292020/answers/19513740

  Web results for Magnetic Ink Character Recognition
Foreign firms set to cash in on demand for new format cheque scanners

Foreign companies are likely to cash in on the big demand for cheque truncation system scanners. By July, all the old format bank cheques will... ...

http://www.thehindubusinessline.com/industry-and-economy/banking/foreign-firms-set-to-cash-in-on-demand-for-new-format-cheque-scanners/article4634037.ece
SEBI

The move would help check misuse of investor funds and ensure more transparency in market dealings Market regulator SEBI (Securities and Exchange... ...

http://www.indiainfoline.com/Markets/News/Cos-to-use-electronic-mode-to-make-cash-payments-SEBI/5645822028
Finance ministry to enable IT e-refunds

Ciol The Finance Ministry is planning to move completely towards Electronic Clearance Service (ECS) for quicker and hassle free income tax... ...

http://www.ciol.com/ciol/news/185480/finance-ministry-enable-it-refunds?WT.rss_f=E-governance+-+Hot+topics&WT.rss_a=Finance+ministry+to+enable+IT+e-refunds
See All

Related Tags

  1. rbi
  2. rtgs
  3. electronic clearing service
  4. micr code
  5. fee bank
  6. credit information bureau of india limited
  7. sip
  8. atm
  9. real time gross settlement system
  10. credit history credit
  11. kyc kyc
  12. national electronic funds transfer
  13. cibil
  14. balance transfer balance
  15. ifsc ifsc

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