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Cheques deposited between 10 am and 4 pm will be processed and settled the same day.
Dearness Allowance is a cost-of-living adjustment paid by the government to its employees and pensioners.
The RBI also expanded the Ombudsman Scheme to rural cooperative banks.
This extension, while welcome, has added to the already heavy compliance load for October.
Under current GST regulations, businesses must register if their annual turnover exceeds ₹40 lakh.