COMMITTED FOR THE GROWTH
RBI Guidelines on cheque Books compliant with Cheque Truncation System (CTS-2010) Standards
As per Reserve Bank of India (RBI) guidelines, cheque books being issued by banks need to be compliant with Cheque Truncation System (CTS-2010) standards. This requirement has come into effect from 01 April 2012 for Northern and Southern Regions and for rest of the country from 30 September 2012.We are pleased to advise that we have been issuing payable at par CTS-2010 Standard compliant cheque books to our customers since March 2012.The new cheque standard 'CTS 2010' provides a set of minimum security features which would ensure uniformity across all cheque forms issued by banks in the country and also help presenting banks while scrutinising / recognizing cheques of drawee banks in an image-based processing scenario. The homogeneity in security features is expected to act as a deterrent against cheque frauds, while the standardisation of field placements on cheque forms would enable straight-through-processing.Some of the additional features that have been incorporated in the new cheque forms are:
- CTS INDIA watermark in the security paper
- Void Pantograph
- Bank's Logo printed in Invisible UV Ink
- Standardization of the field placement
- Micro-lettering
Since RBI is now moving towards accepting only CTS 2010 standard compliant cheques, please note that the old non-CTS 2010 standard cheque forms should not be used post 31 December 2012.All customers who hold a cheque book issued by the Bank prior to 31 March 2012, are requested to apply for a new cheque book as per the "CTS-2010 standard" at the earliest.
INSTITUTE FOR CORPORATE ACHEIVERS 3rd Floor, Chitrahar Building,(Near Leal Cinema), Naval Kishore Road, Hazratganj Lucknow-226001 DOT: 05224011081 Mob: 8176882499,8574147070; 9554279814
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It’s an era of cut throat competition. Every minute our challenges become tougher and goals difficult to achieve. The only solution to this problem is perfect utilization of the clock not even wasting a Micro-second.
To help budding professionals this program has being organized Key Knowledge areas:
*UNDERSTANDING OF THE BASICS OF TAXATION
* HOW TO CLEAR TAX PAPER AT EXECUTIVE/PROFESSIONAL LEVEL
*RECENT UPDATES OF TAX APPLICABLE FOR CS STUDENTS APPEARING IN DECEMBER, 2012
INVITEE:-
ALL STUDENTS APPEARING FOR COMPANY SECRETARIESHIP COURSE
FACULTY: CA SAMEER NIGAM
CS MANOJ KUMAR BHAGAT
DATE: 30TH NOVEMBER, 2012
TIMING: 10 AM TO 12 AM
REGISTRATION OPENLIMITED SEATS( SERVED ON FIRST COME FIRST BASES)
* We initiated this programme on the request of the students who often interact with us via various means and their problems go unheard or unattended. ONLY Interested students shall Register their details along with queries at the below mentioned link which will be kept confidential.
To register, please click here - http://
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Clarification about Applicability of the latest Finance Act