Clipped from: https://www.financialexpress.com/industry/banking-finance/rbi-for-raising-upi-transaction-limit-to-rs-5-lakh-in-select-cases/2384882/ The central bank will shortly issue separate instructions to the National Payment Corporation of India (NPCI) in this regard. The transaction data analysis
Author: Anil R Tikotekar
Need to be careful about cyber risks to CBDC: RBI Governor Shaktikanta Das – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/need-to-be-careful-about-cyber-risks-to-cbdc-das/2384840/ CBDCs may be an electronic version of the paper currency, the RBI said. Apart from cyber risks and the risk of digital frauds,
Unprecedented tax revenue augurs well for India – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/revenue-relief-unprecedented-tax-revenue-augurs-well-for-india/2384857/ This can help India shake off its past burdens and focus on accelerated economic growth this decade Actual I-T tax collections for April-Oct
UPI payments without Internet? Here’s what RBI says – BusinessToday
Clipped from: https://www.businesstoday.in/industry/banks/story/upi-payments-without-internet-heres-what-rbi-says-314794-2021-12-08 The Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday announced that it will launch UPI-based payment products for feature phone users.
MSME lender Indifi Technologies AUM crosses Rs 500 crore in Q2FY22; up by 43% from previous quarter – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-indifi-disburses-loans-worth-rs-500-crore-to-small-businesses/2384482/ Credit and Finance for MSMEs: The rise in loan disbursals is attributed to the increase in the number of borrowers and also the
How Financial Inclusion is playing a vital role in the Banking Sector – The Financial Express
lipped from: https://www.financialexpress.com/industry/banking-finance/how-financial-inclusion-is-playing-a-vital-role-in-the-banking-sector/2381964/ Financial inclusion is about delivering banking services to all sections of society. Primarily, it’s enabling to reduce the economic gap between the rich
India’s first woman psychiatrist Sarada Menon made it possible for the mentally ill to salvage their lives from indignity | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/indias-first-woman-psychiatrist-sarada-menon-mental-hospital-mentally-ill-7661468/ Sarada Menon’s life spanned an era, from pre-Independence India to the current times, when ideas about self-care, therapy and neurodivergence are no longer
Rs 2,000 denomination now 15.1% of total value of notes in circulation | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/banking-and-finance/rs-2000-denomination-now-15-1-of-total-value-of-notes-in-circulation-7661448/ The share of Rs 2,000 notes in circulation has fallen even as the currency in circulation has risen over 62 per cent over
Cash is dying, but we aren’t ready to bury it – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/view-cash-is-dying-but-we-arent-ready-to-bury-it/articleshow/88157151.cmsSynopsis If all the money in circulation is private, controlled by e-commerce and social media platforms, authorities won’t be able to protect consumers from
Got a suggestion? Keep it–Editorial Deccan Chronicle
lipped from: https://www.deccanchronicle.com/opinion/dc-comment/081221/dc-edit-got-a-suggestion-keep-it.html News The statement of senior Congress leader and key member of G-23 Ghulam Nabi Azad that the present generation of Congress is “not open
Directors/ managers can’t be prosecuted and punished merely because the Company violated the law–TAXGURU.IN
Clipped from: https://taxguru.in/corporate-law/directors-managers-cant-prosecuted-punished-company-violated-law.html?utm_source=feedburner&utm_medium=email The Hon’ble Supreme Court (SC) in the matter of Dayle De’Souza v. Government of India [SPECIAL LEAVE PETITION (CRL.) NO. 3913 OF 2020 dated October 29,
No proposal to change LTCG norms: Finmin – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/no-proposal-to-change-ltcg-norms-finmin/article37883254.ece Long term capital gains (LTCG) tax on equities and mutual funds will continue as the government informed the Rajya Sabha that there is
No proposal to change LTCG norms: Finmin – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/no-proposal-to-change-ltcg-norms-finmin/article37883254.ece Long term capital gains (LTCG) tax on equities and mutual funds will continue as the government informed the Rajya Sabha that there is
Depositors bailed-in – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/depositors-bailed-in/article37885736.ece RBI’s draft resolution plan for PMC Bank is transparent but unfair on retail depositors The Reserve Bank of India’s attempt to cobble together
Needed, consensus on data privacy rules – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/needed-consensus-on-data-privacy-rules/article37885994.ece Building consensus on privacy laws will be an arduous task – istock.com/weerapatkiatdumrong Building consensus on privacy laws will be an arduous task –
Grey areas in GST law – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/grey-areas-in-gst-law/article37886613.ece Poorly drafted, some provisions open to interpretation Normally, a tax law that is into its fifth year should have stabilised. The issues that
Will anchor investors trigger sell-off in recently-listed IPOs as lock-in term ends? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/will-anchor-investors-trigger-sell-off-in-recently-listed-ipos-as-lock-in-term-ends/article37887446.ece Offloading by anchor investors may lead to spurt in floating stock and may depress prices The capital market will put to test investors
Who are anchor investors and what role do they play in IPOs? | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/decoded-who-are-anchor-investors-and-what-role-do-they-play-in-ipos-121110301762_1.html In most cases, the demand in the anchor category gives an indication to how successful the IPO is likely to be Every IPO
What is encryption and how does it protect our data? | Business Standard News
Clipped from: https://www.business-standard.com/podcast/technology/what-is-encryption-and-how-does-it-protect-our-data-121120700016_1.html The Indian government’s recent faceoff with WhatsApp could mean a compromise one the latter’s end-to-end encryption. Do we really understand what end-to-end encryption
Income Tax Return: Government Issues Big Clarification On ITR Process—MSN.Com
Clipped from: https://www.msn.com/en-in/money/news/income-tax-return-government-issues-big-clarification-on-itr-process/ar-AARxOOz?cvid=0933ba30edc44d22987327d9f9eead07&ocid=winp1taskbar New Delhi: Taxpayers, who have filed documents through e-filing account and followed faceless assessment proceedings, do not require e-verification and digital signature, the central