Ignore Wrong ‘Significant Transactions’ Emails

– Advertisement – Income Tax Dept: Ignore Erroneous ‘Significant Transactions’ Emails Did you get a scary tax email today? Look, you can relax. The Income Tax Department made a mistake. Actually, they sent out many wrong emails. Specifically, these messages had errors about “big transactions.” Consequently, the department told everyone to ignore them on Saturday. […]

Lakh vs Lac in cheque: RBI’s big name, if written wrong the cheque will be returned

Lakh vs Lac in cheque: RBI’s big name, if written wrong the cheque will be returned – Advertisement – Cheque Spelling rule: Many people get confused between ‘Lakh’ and ‘Lac’ when writing the amount on a Cheque. ‘Lakh’ is part of the Indian numbering system, and according to the RBI, ‘Lakh’ should officially be used. […]