Business Transactions
- All
- News
- Videos
-
EBA Establishes Stricter Oversight for Firms Handling Crypto-Assets and Payments: Details
The European Banking Authority (EBA) has directed payment service providers to screen all firms seeking to register their businesses in EU member states. Additionally, EU lawmakers have mandated that virtual digital asset service providers (VASPs) conduct comprehensive due diligence, including detailed risk assessments.
-
The Benefits Of Using UPI Wallets For Hassle-Free Transactions
The Unified Payments Interface (UPI) has transformed how people handle payments in India. It has made digital transactions as easy as tapping your smartphone.
-
Role Of UPI In Enhancing Transparency In Financial Transactions
UPI has revolutionized the way we transact, making it faster, more convenient, and, most importantly, more transparent.
-
How UPI Is Enabling A Cashless Economy
For a cashless economy to thrive, transactions must be affordable. Unlike credit card transactions that incur fees for merchants, UPI payments are either free or have minimal charges, making them much more accessible to small and medium-sized busines
-
US To Limit Some Trade Transactions To Block Data Access By Russia, China
The US Justice Department on Monday proposed new rules to protect federal government data or Americans' bulk personal data from getting into the hands of countries like China, Iran and Russia by placing new limits on certain business transactions.
-
UAE Scraps Value Added Tax on Crypto Transactions, Binance Foresees Rapid Growth in Web3 Businesses
The UAE has exempted some crypto transactions from value added taxes (VAT). This essentially means that the five percent VAT that the UAE previously levied on crypto transfers and conversions now stands cancelled. This move is being implemented retrospectively covering crypto transactions from as far back as January 1, 2018.
-
High-Value Cash Transactions At Hotels, Hospitals Come Under Income Tax Scrutiny
Rampant cash transactions in business sectors like hotels, luxury brand sales, hospitals and IVF clinics need to be checked in a "non-intrusive" manner, the CBDT has asked the I-T department.
-
Explained: How New Long Term Capital Gains Tax Options Will Boost Real Estate Market
The government's decision to allow taxpayers to pick between two long-term property transactions has brought cheers to the real estate industry, with experts saying that this move will have a very profound impact on both homeowners and homebuyers.
-
Sensex, Nifty Open Lower Day After Budget Announcements
Stock market benchmarks indices Sensex and Nifty declined in early trade on Wednesday, extending their Budget day fall, after the government proposed to hike securities transaction tax on futures & options.
-
Markets Pare Losses After Budget Jitters Over Capital Gains, Trading Taxes
Indian equities pared most of the losses but still closed in red after hikes in capital gains and securities transaction taxes (STT) in the Union Budget 2024 sparked a massive sell-off earlier in the day.
-
Paytm Rapped By Markets Regulator Over Transactions With Banking Subsidiary
One 97 Communications, which is Paytm's parent firm, has got an 'administrative warning letter' from SEBI over related party transactions it had entered into with PPBL in FY22 without due approval of either audit committee or the shareholders.
-
South Korea Initiates Crackdown on Suspicious Crypto Activities
On Thursday, July 4, the Financial Supervisory Service of Korea released a statement alerting all crypto exchanges to ramp up transaction monitoring on their respective platforms. This move from South Korea comes as the country’s Virtual Asset User Protection Act is ready to go into effect on July 19.
-
Nokia 220 4G 2024, Nokia 235 4G 2024 Feature Phones Launched in India: Price, Specifications
Nokia 220 4G and Nokia 235 4G 2024 variants have been launched in India alongside the Nokia 3210. The newly introduced feature phones come with 2.8-inch IPS LCD screens and are said to offer up to 9.8 hours of battery life. The handsets also have support for UPI transactions as well as Cloud Apps. The latter helps users access entertainment, b...
-
UPI Lite Wallets To See Big Change Soon: Here's How You May Benefit
The Reserve Bank of India (RBI) has proposed to introduce auto-replenishment of UPI Lite wallets and bring the online transaction facility under the e-mandate framework.
-
GST Collections Hit Rs 1.78 Lakh Crore In March, Second Highest Ever
GST collections in March grew 11.5 per cent to Rs 1.78 lakh crore, buoyed by domestic transactions, the finance ministry said on Monday.
-
EBA Establishes Stricter Oversight for Firms Handling Crypto-Assets and Payments: Details
The European Banking Authority (EBA) has directed payment service providers to screen all firms seeking to register their businesses in EU member states. Additionally, EU lawmakers have mandated that virtual digital asset service providers (VASPs) conduct comprehensive due diligence, including detailed risk assessments.
-
The Benefits Of Using UPI Wallets For Hassle-Free Transactions
The Unified Payments Interface (UPI) has transformed how people handle payments in India. It has made digital transactions as easy as tapping your smartphone.
-
Role Of UPI In Enhancing Transparency In Financial Transactions
UPI has revolutionized the way we transact, making it faster, more convenient, and, most importantly, more transparent.
-
How UPI Is Enabling A Cashless Economy
For a cashless economy to thrive, transactions must be affordable. Unlike credit card transactions that incur fees for merchants, UPI payments are either free or have minimal charges, making them much more accessible to small and medium-sized busines
-
US To Limit Some Trade Transactions To Block Data Access By Russia, China
The US Justice Department on Monday proposed new rules to protect federal government data or Americans' bulk personal data from getting into the hands of countries like China, Iran and Russia by placing new limits on certain business transactions.
-
UAE Scraps Value Added Tax on Crypto Transactions, Binance Foresees Rapid Growth in Web3 Businesses
The UAE has exempted some crypto transactions from value added taxes (VAT). This essentially means that the five percent VAT that the UAE previously levied on crypto transfers and conversions now stands cancelled. This move is being implemented retrospectively covering crypto transactions from as far back as January 1, 2018.
-
High-Value Cash Transactions At Hotels, Hospitals Come Under Income Tax Scrutiny
Rampant cash transactions in business sectors like hotels, luxury brand sales, hospitals and IVF clinics need to be checked in a "non-intrusive" manner, the CBDT has asked the I-T department.
-
Explained: How New Long Term Capital Gains Tax Options Will Boost Real Estate Market
The government's decision to allow taxpayers to pick between two long-term property transactions has brought cheers to the real estate industry, with experts saying that this move will have a very profound impact on both homeowners and homebuyers.
-
Sensex, Nifty Open Lower Day After Budget Announcements
Stock market benchmarks indices Sensex and Nifty declined in early trade on Wednesday, extending their Budget day fall, after the government proposed to hike securities transaction tax on futures & options.
-
Markets Pare Losses After Budget Jitters Over Capital Gains, Trading Taxes
Indian equities pared most of the losses but still closed in red after hikes in capital gains and securities transaction taxes (STT) in the Union Budget 2024 sparked a massive sell-off earlier in the day.
-
Paytm Rapped By Markets Regulator Over Transactions With Banking Subsidiary
One 97 Communications, which is Paytm's parent firm, has got an 'administrative warning letter' from SEBI over related party transactions it had entered into with PPBL in FY22 without due approval of either audit committee or the shareholders.
-
South Korea Initiates Crackdown on Suspicious Crypto Activities
On Thursday, July 4, the Financial Supervisory Service of Korea released a statement alerting all crypto exchanges to ramp up transaction monitoring on their respective platforms. This move from South Korea comes as the country’s Virtual Asset User Protection Act is ready to go into effect on July 19.
-
Nokia 220 4G 2024, Nokia 235 4G 2024 Feature Phones Launched in India: Price, Specifications
Nokia 220 4G and Nokia 235 4G 2024 variants have been launched in India alongside the Nokia 3210. The newly introduced feature phones come with 2.8-inch IPS LCD screens and are said to offer up to 9.8 hours of battery life. The handsets also have support for UPI transactions as well as Cloud Apps. The latter helps users access entertainment, b...
-
UPI Lite Wallets To See Big Change Soon: Here's How You May Benefit
The Reserve Bank of India (RBI) has proposed to introduce auto-replenishment of UPI Lite wallets and bring the online transaction facility under the e-mandate framework.
-
GST Collections Hit Rs 1.78 Lakh Crore In March, Second Highest Ever
GST collections in March grew 11.5 per cent to Rs 1.78 lakh crore, buoyed by domestic transactions, the finance ministry said on Monday.
