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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...
Impact of MDR’s return; KKR veterans to anchor new fundHappy Thursday! Competition in the payments space may change with merchant fees on UPI potentially making a comeback. This and more in toda...
CAIT backs nominal MDR on high-value UPI transactions if proposed, says await bill detailsThe Confederation of All India Traders will support a nominal Merchant Discount Rate on higher-value UPI transactions. This support is cont...
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 ...
Jefferies sees Paytm, Pine Labs gaining from proposal to levy MDR on UPI transactionsIndia's payments law may soon allow merchant discount rates on specific UPI transactions. This change could create significant revenue for ...
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...
Govt moves to allow MDR; Qcomm braces for festive rushHappy Tuesday! The government is proposing changes that could bring back merchant fees on select UPI transactions. This and more in today’s...
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...
India's Second Leapfrog: From sick-care to AI-native health infrastructureJust as India bypassed copper landlines to become a global mobile data leader, it can now bypass the West's CPT-coded sick-care bureaucracy...
Paytm App and Paytm UPI payments working normallyPaytm confirms its app and UPI services are operating without any issues. The company reported its highest quarterly EBITDA in Q1 FY27. Ope...
UPI now accepted for online Burj Khalifa bookings before Indians arrive in Dubai; first for UAE attractionIndian travellers can now book Burj Khalifa tickets online using UPI. This integration makes the Dubai attraction the first in the UAE to a...
Delhi High Court orders winding up of Paytm Payments Bank after RBI licence cancellationPaytm Payments Bank Limited is set for closure as per the directive from the Delhi High Court, resulting from the Reserve Bank of India's e...
Invest at 25, not 40? Entrepreneur Ankur Warikoo shares 5 money habits that may be keeping you poorMany professionals struggle to save money despite earning more income, claims entrepreneur Ankur Warikoo. Blind spending without a budget d...
Nearly 55.49 crore UPI users onboarded by June 2026Around 55.49 crore UPI users were onboarded by June 2026, Parliament was informed. UPI transactions reached 24,162 crore in volume and Rs 3...
UPI MDR could raise business costs, hurt consumption if introduced: ExpertsExperts suggest focusing on who bears UPI merchant discount rate costs. Introducing this fee could increase business operating expenses and...
The experience economy is reshaping consumer financeYoung professionals now prioritize experiences, shifting financial goals from tangible assets. Consumers globally continue to spend on trav...
Anthropic rolls out rupee pricing for Claude AI in IndiaClaude Pro now starts at Rs 1,999 per month on an annual plan (about Rs 24,000 a year), rising to roughly Rs 2,399 per month for those who ...
Anthropic rolls out rupee pricing for Claude AI in IndiaThis shows India's growing importance across Anthropic's markets. India accounts for about 6% of global Claude usage. The AI giant opened a...
Giving more credit where credit's dueCredit card firms now prioritize existing clients over new ones. They offer enhanced credit and personalized benefits to loyal customers. U...