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DIGITAL PAYMENT SECURITY GUIDELINES
Can you get income tax notice for making digital payments through UPI, NEFT, RTGS, and IMPS? Know when it can be triggeredDigital transactions like UPI and NEFT can trigger income tax notices. These notices arise when transactions do not match your declared inc...
Regulators weigh bringing insurance surety bonds under RBI's CRILCFinancial regulators are exploring adding insurance surety bond exposures to a central credit database. This move aims to provide banks and...
Govt mandates exporter registration for FDI-backed ecommerce inventory exportsForeign-invested ecommerce firms must register as exporter-on-record for export inventory. These companies can only procure and stock goods...
Government puts in place framework to tackle online child sexual abuseIndia's government has established a coordinated framework to combat online child abuse. The 'Sahyog' portal expedites content removal requ...
Internet subscribers cross 109 crore; 2.21 lakh Gram Panchayats made service-ready under BharatNet: GovtInternet subscribers have surpassed 109 crore, and over 2.21 lakh Gram Panchayats are now service-ready. Telephone connections also saw a s...
Govt notifies norms to facilitate ecommerce firms undertaking inventory-based online exportsForeign investment is now permitted in export-only ecommerce inventory operations. Companies must register as Exporter-on-Record to stock g...
Commerce ministry notifies norms for inventory-based e-commerce exportsNew government norms permit foreign investment in inventory-based e-commerce for exports. Companies must register as Exporter-on-Record to ...
Government moves closer to restoring MDR on UPI merchant paymentsParliamentary amendments propose restoring merchant discount rates on UPI payments. This move aims to encourage digital transactions by all...
India paves way for return of merchant fees on digital paymentsIndia has laid the legal groundwork to reintroduce merchant fees on UPI payments through proposed amendments to the Payment and Settlement ...
Payments bill revives hopes of MDR return on large-ticket UPI transactionsET was the first to report on July 16 that the government is considering reintroducing MDR for UPI transactions undertaken by large merchan...
Payment Bill rekindles MDR hopes for large-value UPIProposed amendments to the Payment and Settlement Systems Act may bring back merchant discount rates. This move could help banks and fintec...
Govt to move amendments to IT Act to pave way for levy of MDRET was the first to report on July 16 that the government could reintroduce MDR on UPI transactions for large merchants. This has been an i...
EbixCash World Money's perpetual RBI licence brings trade and family remittances within reach of millionsUnder RBI's revised FEMA framework, EbixCash World Money can now move trade payments up to ₹25 lakh and family maintenance remittances, ope...
New Tax Bill sweetens deal for electronics makers, global investorsThe Taxation and Other Laws Amendment Bill, 2026 proposes extending electronics tax incentives until 2041, easing rules for foreign investo...
Banks propose 'Yes-No' prompt for high-risk UPI transfers to curb digital payment fraudsIndian banks are proposing payment app prompts to curb rising digital frauds. This aims to balance fraud prevention with maintaining digita...
UPI hits record Rs 29.9 lakh crore in July, 23.66 billion transactionsUPI transactions reached a new high of Rs 29.9 lakh crore in July. The volume of these transactions also saw a significant increase during ...
No proposal for one-time waiver of loans of small, marginal farmers: MoS FinanceThe government has no current proposal for a one-time loan waiver for farmers. The Reserve Bank of India offers financial restructuring opt...