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Mobile wallets are not happy with RBI’s latest draft guidelines. Here’s why

"Some clarifications were sought on certain clauses, while PPIs discussed issues around KYC, e…

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2 mins read

India reports less than 40,000 COVID-19 cases in a day for the second time in November

The number of people who have recuperated from the disease surged to 79,59,406 pushing the natio…

PTI   


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3 mins read

The federal government wants to take on Apple and Google’s increasing dominance of Australia’s payments system. Here’s why.

The Australian government looks set to open up a new front on which to fight big tech companies, …

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2 mins read

Did you know: More than half the shops in Indian cities don't accept digital payments

Digital payments in India took off in a massive way right after demonetization, with the likes of P…

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6 mins read

The number of countries exploring CBDCs more than doubled during the pandemic year

These 81 counties represent over 90% of the world’s gross domestic product (GDP). The pandemic…

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4 mins read

India asks automakers to cut royalty payments to foreign parents, rather than seeking GST cuts

Top sources in the finance ministry said that India's tax policy on automobiles has been quite c…

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4 mins read

It’s time to ride the ‘digital protection’ wave

Generally, data breaches and acquisition are key objectives of social engineering. When hackers are…

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1 min read

Life insurance policy holders get 30 days more to pay premium, amid the lockdown

The insurers and the council had flagged operational constraints and difficulties being faced …

PTI   


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WhatsApp Pay strengthens its UPI offering — ties up with SBI, ICICI Bank, HDFC Bank and Axis Bank

Facebook-led payments service WhatsApp Pay has partnered with four major banks in India – State B…

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4 mins read

WhatsApp Pay UPI is now live while Google Pay, PhonePe have already got the first sting

After a long wait, WhatsApp finally received the approval to operate the Unified Payments Interface…

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3 mins read

Bitcoin Mining Council has finally made its debut, confirms that Elon Musk would have no role in the organisation

The creation of the BMC is a result of environmental concerns of cryptocurrency and its excessiv…

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4 mins read

India abstains on UNSC resolution exempting aid from sanctions, says terror groups in neighbourhood take advantage of carve-outs

India has abstained in the UN Security Council on a resolution establishing humanitarian exemption …

PTI   


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The fate of note ban helpline depends on one call from the government

Therefore, some companies have decided to end the run of this helpline tonight, while some will wai…

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No MDR on RuPay,UPI payments will kill industry, warns industry

Mumbai, Dec 30 () No MDR charges on transactions through RuPay cards and UPI payments will kill the…

PTI   


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3 mins read

GST Council meet: Most states were opposed to change in slabs, hike in GST

New Delhi, Dec 18 () Most of the states opposed change in slabs or hike in GST during the crucial G…

PTI   


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GST Council to meet on Wed amidst talk of rate hike to meet revenue shortfall

New Delhi, Dec 17 () The GST Council will meet on Wednesday to review the taxation structure for sh…

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5 mins read

Finance Minister Nirmala Sitharaman’s tribute to the late Arun Jaitley is also coming ahead of a tough GST Council meeting where states will ask for money

SBI, ICICI Bank, Axis, Kotak and others have plans to raise $14 billion — but if things go haywire,…

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3 mins read

India crosses the trillion mark in tax collection in April, the first time since GST was implemented

GST revenue buoyancy is expected to improve during the upcoming months after the electronic …

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1 min read

'NPCI advised UPI payment apps to have multi-bank approach in 2017'

NPCI said the last-leg payment service providers also prefer to work with multiple parties to ensu…

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Breaking News: India begins its tryst with GST

From now, India is unified under one tax system, transforming the indirect taxation landscape i…