Zomato, Swiggy to pay GST on restaurants’ behalf. Will your online food ordering bill rise? – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/zomato-swiggy-to-pay-gst-on-restaurants-behalf-will-your-online-food-ordering-bill-rise/articleshow/86311045.cmsSynopsis At present, restaurants charge 5% GST without input tax credit, on the supply of services including supply of food and beverages. Meanwhile, food

Not just a token move: RBI permitting more tokenisation reduces trade-off between security & ease-of-use compulsions in digital payments space – The Financial Express

Clipped from: https://www.financialexpress.com/opinion/not-just-a-token-move-rbi-permitting-more-tokenisation-reduces-trade-off-between-security-ease-of-use-compulsions-in-digital-payments-space/2331030/ Tokenisation is a process of replacing sensitive data with non-sensitive data. In payments cards industry, it is typically used to replace cardholder’s card