Cash Transactions India
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What Is Retail Rupee, RBI's Big Bet To Redefine How India Uses Money
According to recent reports, Retail Rupee has crossed Rs 34,000 crore in transactions nationwide. It works differently than UPI.
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'GST Has A Success Problem': Experts Flag Next Big Challenge For Tax Reform
Experts say the pressure on the GST system is increasing because compliance requirements are becoming more complex and more automated.
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German Man Amazed By India's QR Code Payments, Says 'No Cash, No Card Needed'
According to him, making payments anywhere with just a mobile phone makes the entire process simple and efficient.
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Surat Man Wanted To Withdraw Rs 10,000. ATM Glitch Gave Him Rs 3 Lakh
What started as a simple attempt to withdraw Rs 10,000 from an ATM in Gujarat's Surat has turned into one of the costliest cashdispensing errors for a bank in recent times.
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"Why Cash?" Woman Raises Concern After School Asks Parents To Bring Cash To Purchase Books
Following her post, a discussion regarding payment systems in schools has begun to unfold on social media.
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Renting From Relatives? Draft Income-Tax Rules Propose Disclosure Of Relationship With Landlord
The draft rules make it mandatory to disclose the relationship with the landlord for claiming the HRA benefit.
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Highways Authority NHAI Plans To End Cash Toll Payments From April 1
Highways authority NHAI is considering discontinuing cash payments at highway toll plazas from April 1, requiring commuters to use only digital modes such as FASTag or UPI for toll payments.
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Nepal Caps Cash Transactions At Rs 3 Lakh To Curb Money Laundering
The Nepali government has imposed a limit of NPR 500,000 (Rs 3,13,287.52) on cash transactions for the purchase or sale of goods and services in a single transaction, effective from January 15.
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"Country Changed Beyond Recognition": After Seven Years In Europe, NRI Calls India's Transformation Stunning
The user also mentioned changes in people's clothing, especially in women's clothing. According to him, Western-style clothing is being worn more frequently, and women appear to be wearing more modern and revealing clothing than before.
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NRI Returns After 7 Years, Amazed by India's Rapid Transformation: "Digital Payments Are Everywhere"
Upon moving back a few months ago, the user said he was taken aback by the visible and significant changes across various aspects of life in India.
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NPCI Enhances UPI Payments with Biometric, Wearable Glass Verification
NPCI and RBI unveiled several initiatives to advance India’s digital payments ecosystem on Tuesday. NPCI launched on-device biometric authentication for UPI, allowing fingerprint or face unlock for transactions up to Rs. 5,000, and Aadhaar-based face authentication for setting or resetting UPI PINs. UPI Lite now supports payments via wearable sma...
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You Can Now Get Forex Cards Delivered Via Blinkit, After Its Tie-Up With Thomas Cook
Indian travellers in Delhi, Mumbai and Bengaluru can now get Thomas Cook's forex cards delivered home via Blinkit. A virtual KYC option is available for loading funds.
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ATM Cash Withdrawals To Cost More From Today, Check New Charges
The Reserve Bank of Indian (RBI) has announced that starting today, May 1, customers will be charged a maximum fee of Rs 23 per transaction for ATM banking services.
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Top Court Issues Directions To Implement Rs 2 Lakh Cap On Cash Transactions
When there is a law in place, it has to be enforced, the Supreme Court said on Wednesday while expressing concern over the unsatisfactory implementation of provisions of the Finance Act 2017 which capped the limit of cash transactions to Rs two lakh.
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No Phone, Cash Transactions: Former Army Man Who Killed Wife Evaded Cops For 20 Years
A former soldier of the Indian Army, who was convicted for the murder of his wife and escaped during parole, has been caught by the police after 20 years.
-
What Is Retail Rupee, RBI's Big Bet To Redefine How India Uses Money
According to recent reports, Retail Rupee has crossed Rs 34,000 crore in transactions nationwide. It works differently than UPI.
-
'GST Has A Success Problem': Experts Flag Next Big Challenge For Tax Reform
Experts say the pressure on the GST system is increasing because compliance requirements are becoming more complex and more automated.
-
German Man Amazed By India's QR Code Payments, Says 'No Cash, No Card Needed'
According to him, making payments anywhere with just a mobile phone makes the entire process simple and efficient.
-
Surat Man Wanted To Withdraw Rs 10,000. ATM Glitch Gave Him Rs 3 Lakh
What started as a simple attempt to withdraw Rs 10,000 from an ATM in Gujarat's Surat has turned into one of the costliest cashdispensing errors for a bank in recent times.
-
"Why Cash?" Woman Raises Concern After School Asks Parents To Bring Cash To Purchase Books
Following her post, a discussion regarding payment systems in schools has begun to unfold on social media.
-
Renting From Relatives? Draft Income-Tax Rules Propose Disclosure Of Relationship With Landlord
The draft rules make it mandatory to disclose the relationship with the landlord for claiming the HRA benefit.
-
Highways Authority NHAI Plans To End Cash Toll Payments From April 1
Highways authority NHAI is considering discontinuing cash payments at highway toll plazas from April 1, requiring commuters to use only digital modes such as FASTag or UPI for toll payments.
-
Nepal Caps Cash Transactions At Rs 3 Lakh To Curb Money Laundering
The Nepali government has imposed a limit of NPR 500,000 (Rs 3,13,287.52) on cash transactions for the purchase or sale of goods and services in a single transaction, effective from January 15.
-
"Country Changed Beyond Recognition": After Seven Years In Europe, NRI Calls India's Transformation Stunning
The user also mentioned changes in people's clothing, especially in women's clothing. According to him, Western-style clothing is being worn more frequently, and women appear to be wearing more modern and revealing clothing than before.
-
NRI Returns After 7 Years, Amazed by India's Rapid Transformation: "Digital Payments Are Everywhere"
Upon moving back a few months ago, the user said he was taken aback by the visible and significant changes across various aspects of life in India.
-
NPCI Enhances UPI Payments with Biometric, Wearable Glass Verification
NPCI and RBI unveiled several initiatives to advance India’s digital payments ecosystem on Tuesday. NPCI launched on-device biometric authentication for UPI, allowing fingerprint or face unlock for transactions up to Rs. 5,000, and Aadhaar-based face authentication for setting or resetting UPI PINs. UPI Lite now supports payments via wearable sma...
-
You Can Now Get Forex Cards Delivered Via Blinkit, After Its Tie-Up With Thomas Cook
Indian travellers in Delhi, Mumbai and Bengaluru can now get Thomas Cook's forex cards delivered home via Blinkit. A virtual KYC option is available for loading funds.
-
ATM Cash Withdrawals To Cost More From Today, Check New Charges
The Reserve Bank of Indian (RBI) has announced that starting today, May 1, customers will be charged a maximum fee of Rs 23 per transaction for ATM banking services.
-
Top Court Issues Directions To Implement Rs 2 Lakh Cap On Cash Transactions
When there is a law in place, it has to be enforced, the Supreme Court said on Wednesday while expressing concern over the unsatisfactory implementation of provisions of the Finance Act 2017 which capped the limit of cash transactions to Rs two lakh.
-
No Phone, Cash Transactions: Former Army Man Who Killed Wife Evaded Cops For 20 Years
A former soldier of the Indian Army, who was convicted for the murder of his wife and escaped during parole, has been caught by the police after 20 years.
