Ledger holders should observe this from January 1, as the new law has arrived at the financial area and is known in detail. Since 2021, a great deal of changes are coming all over, and now there is an adjustment in the financial area that influences all record holders, which implies you presently don’t need to utilize the “positive compensation framework” when making check exchanges.
The Reserve Bank of India is concocting another change to maintain a strategic distance from misrepresentation, and the video clarifies in detail what this positive compensation framework is.
This framework can be utilized for check exchanges above Rs. 50,000/ – and on the off chance that you have more than Rs. At that point obviously it influences everybody, so there will be many individuals who don’t have the foggiest idea.