Last Updated:January 14, 2025, 12:04 ISTBudget 2025 is likely to come with the next generation of the income tax core application for audits and investigationBudget Tax ReformsBudget 2025 is likely…
Last Updated:January 13, 2025, 11:55 ISTFraudsters often impersonate telecom or banking authorities, or claim that one has ordered and is culpable for parcels with contraband.Digital arrest scams involve fraudsters impersonating…
Last Updated:December 13, 2024, 16:40 ISTPositive Pay System: RBI introduced the facility in 2021 to combat the rising cases of cheque fraud.Positive Pay System: Customers wishing to enrol in the…
Last Updated:December 06, 2024, 14:33 ISTAI tool MuleHunter.AI is an advanced AI/ML-based solution designed to improve identification of suspected mule accountsRBIH showcased the model and its use-cases at the Global…
Last Updated:October 30, 2024, 13:58 ISTFraudsters are becoming increasingly cunning, employing new tactics to prey on unsuspecting victims.Cybercriminals set up counterfeit storefronts, offering highly sought-after items at unbelievable prices. (Representative…
Last Updated:October 26, 2024, 14:49 ISTNPCI has issued key advice for customers to prevent digital payment fraud during the festival seasonCheck NPCI's advice for customers to prevent digital payment fraud…
The new facility for RTGS and NEFT transfers will help the remitter of funds to verify the name of the receiver (beneficiary) before executing a payment transaction.Payment systems like UPI…
Over the five-year period, the total financial losses due to fraud amounted to Rs 2,137 crore, while the total amount recovered was Rs 174 crore. Representational imageThe number of frauds…
