Budget 2019: Visa, Mastercard brace for serious blow after Sitharaman's e-payment pushMerchants are now likely to find it more profitable to accept UPI and other local e-payments.
India’s leadership in e-payments cemented by strong rules: RBIThere has been substantial growth in e-payments by government and also in digital infrastructure.
Pune court is first in India to get facility of e-paymentSenior court manager Dr Atul Zende said that a receipt of payment will be issued and this entire system will bring transparency to the tran...
Data localisation: The Reserve Bank of India stands firmThe RBI has ruled out any extension to the deadline and wants e-payment companies to store end-to-end transaction details only in India.
India moves up to 28th rank in govt e-payment adoption: SurveyNorway leads the pack in the 73-country ranking, followed by France and Denmark.
Government looks to educate 1 crore rural citizens on e-payments“We aim to create 1 crore people digitally literate on e-payments, and in a matter of 3-4 days, the government can touch this figure in rur...
Payments above Rs 5000 by govt depts to be now made through e-payments: Finance MinistryIn order to attain digitalisation goals of government payments, finance ministry announces that payment above Rs 5000 to suppliers, contrac...
Demonetisation: Push to e-payments, relief for small borrowers as cities overcome painOnline fund transfers on the Immediate Payment System (IMPS) run by the National Payments Corporation of India (NPCI) have doubled to 2 mil...
E-payment must for excise, service tax of Rs 1 lakhAssessees paying excise duty and service tax of Rs 1 lakh will have to mandatorily pay the levies electronically with effect from January.
- Government asks banks to promote e-payments, cut cheque transactions
To promote electronic payments, the govt has asked banks to reduce cheque-based transactions by at least 20% through identified branches in...
- Central Board of Excise & Customs makes e-payment mandatory for importers
Central Board of Excise & Customs (CBEC) has advised Chief Commissioners of Customs to provide all assistance to enable importers, trade an...
- Government makes e-payment of customs duty mandatory
The government today made electronic payment of customs duty mandatory in order to further reduce transaction cost of the importers.
- E-payment gateway to settle retired govt employees' benefits from April 1
The CGA has developed an e-payment gateway for direct credit of dues into a/cs of beneficiaries using digitally signed electronic advice.
- Government makes e-payment mandatory for import duty of over Rs 1 lakh
In a circular, the CBEC also said that in case of accredited importers the e-payment method would be applicable irrespective of the amount ...
- Railways to go ahead with e-payment plan for freight service
Aiming to reduce delays and bring transparency in the payment system, Railways are going ahead with the plan for e-payment for freight serv...
- India Inc may have to click on e-payments
E-payment may become mandatory for corporate taxpayers from next year. With the success of e-filing, the government now wants corporates as...
- BSNL to switch to e-payments
State-owned telecom behemoth Bharat Sanchar Nigam(BSNL) will shortly abandon payment of its vendor bills by cheque.