Government Payments
- All
- News
- Videos
-
No Plan To Levy GST On UPI Transactions Over Rs 2,000: Finance Ministry
The Finance Ministry on Friday made it clear that the government is not considering any proposal to levy Goods and Services Tax (GST) on UPI transactions over Rs 2,000.
-
Bharti Airtel, Unit Pay Rs. 5,985 Crore to Clear 'High-Cost' 2024 Spectrum Dues
Bharti Airtel, along with Bharti Hexacom, has prepaid Rs. 5,985 billion to the government, clearing "high-cost" liabilities from the 2024 spectrum auctions. India's second-largest telecom firm has reduced its spectrum-related debt to Rs. 52,000 crore, lowering the cost of debt to 7.22%. Airtel has been actively prepaying dues from past aggressive s...
-
Delhi Chief Minister Alleges AAP Left "Empty Public Exchequer", Assures Aid To Women
Delhi Chief Minister Rekha Gupta on Sunday alleged that the previous AAP government had left an "empty public exchequer" before the BJP dispensation, and assured that Rs 2,500 monthly payment scheme for women would be implemented.
-
Musk Slams US Government Payment Systems, Alleges $100 Billion Annual "Fraud"
Elon Musk, the CEO of Tesla and SpaceX, on Sunday voiced strong concerns about the US government's payment systems, revealing troubling 'inefficiencies' and potential 'fraud' worth over USD 100 billion every year.
-
"How Elon Musk Destroyed Twitter" Author On How His X Tactics May Bode For US
As Elon Musk and his aides take control of the US Treasury's payments system, the drastic job cuts and other shake-ups he instituted on buying Twitter may offer a preview of what government workers can expect.
-
Elon Musk Has 'Read-Only' Access To Payments Data: US Treasury
The US Treasury said Elon Musk's government reform team can read data from its highly sensitive payment system but not alter it.
-
Elon Musk's DOGE Team Now Has Access To US Government's Payments System
Elon Musk and his DOGE team have been tasked by President Donald Trump to carry out cuts to the US government.
-
Ship Firms, US Agree On 'Cost Payment' Over Collapse Of Baltimore Bridge
Ship management firm Synergy Marine and Grace Ocean, owner of the ship with 22 Indian crew members that collided with a US bridge in March, have reached an "agreement" with the US government on cost payment, while rejecting liability for the incident
-
RBI Governor Highlights Need for Faster Remittance Settlements Amid Advancing eRupee Trials
Speaking about the eRupee CBDC, RBI Governer Shaktikanta Das emphasised that it plays a key role in India's "world-class digital public infrastructure" (DPI), which has enabled the creation of various digital financial products. He highlighted that developing protocols like the eRupee is essential for enabling real-time, cost-effective cross-border...
-
"Swag": Government Shares Pic Of Bengaluru Auto Driver Accepting UPI Payments Via Smartwatch
The picture shows the auto driver utilising a smartwatch with an embedded QR code scanner to effortlessly facilitate UPI payments.
-
US CFTC Orders Fallen Crypto Exchange FTX to Pay $12.7 Billion to Customers
The CFTC agreement resolves a potential roadblock to that repayment, ensuring that the government's lawsuit against FTX will not reduce the funds available to its customers. The CFTC agreed not to collect any payment from FTX until all its customers are repaid, with interest.
-
United Spirits CEO Summoned By Delhi Police In Liquor Payments Case: Report
The CEO of Diageo's Indian business has been summoned by Delhi police's anti-corruption unit investigating billing and discount practices involving government agencies running liquor retail shops between 2017 and 2020, Reuters reported.
-
Paytm Gets Government Panel Nod To Invest In Payments Arm: Report
India's beleaguered Paytm has secured approval from a government panel that oversees investments linked to China to invest 500 million rupees ($6 million) in a key subsidiary, three sources with direct knowledge of the matter said.
-
Government to Delay Digital Payments Market Share Cap, Helping Walmart-Backed PhonePe, Google Pay
India will again delay caps on market share for a popular digital payments method, two sources told Reuters, benefiting Google Pay and Walmart-backed PhonePe as the authorities prioritise growth over concerns about market concentration.
-
Microsoft, Meta and X Join Fortnite Maker Epic Games' Battle Against Apple
Epic Games has been joined by Meta, Microsoft, Elon Musk's X and Match Group in the Fortnite maker's protest that Apple has failed to honor a court-ordered injunction governing App Store payments that required the iPhone maker to let developers provide links and buttons to direct consumers to alternative payment options.
-
No Plan To Levy GST On UPI Transactions Over Rs 2,000: Finance Ministry
The Finance Ministry on Friday made it clear that the government is not considering any proposal to levy Goods and Services Tax (GST) on UPI transactions over Rs 2,000.
-
Bharti Airtel, Unit Pay Rs. 5,985 Crore to Clear 'High-Cost' 2024 Spectrum Dues
Bharti Airtel, along with Bharti Hexacom, has prepaid Rs. 5,985 billion to the government, clearing "high-cost" liabilities from the 2024 spectrum auctions. India's second-largest telecom firm has reduced its spectrum-related debt to Rs. 52,000 crore, lowering the cost of debt to 7.22%. Airtel has been actively prepaying dues from past aggressive s...
-
Delhi Chief Minister Alleges AAP Left "Empty Public Exchequer", Assures Aid To Women
Delhi Chief Minister Rekha Gupta on Sunday alleged that the previous AAP government had left an "empty public exchequer" before the BJP dispensation, and assured that Rs 2,500 monthly payment scheme for women would be implemented.
-
Musk Slams US Government Payment Systems, Alleges $100 Billion Annual "Fraud"
Elon Musk, the CEO of Tesla and SpaceX, on Sunday voiced strong concerns about the US government's payment systems, revealing troubling 'inefficiencies' and potential 'fraud' worth over USD 100 billion every year.
-
"How Elon Musk Destroyed Twitter" Author On How His X Tactics May Bode For US
As Elon Musk and his aides take control of the US Treasury's payments system, the drastic job cuts and other shake-ups he instituted on buying Twitter may offer a preview of what government workers can expect.
-
Elon Musk Has 'Read-Only' Access To Payments Data: US Treasury
The US Treasury said Elon Musk's government reform team can read data from its highly sensitive payment system but not alter it.
-
Elon Musk's DOGE Team Now Has Access To US Government's Payments System
Elon Musk and his DOGE team have been tasked by President Donald Trump to carry out cuts to the US government.
-
Ship Firms, US Agree On 'Cost Payment' Over Collapse Of Baltimore Bridge
Ship management firm Synergy Marine and Grace Ocean, owner of the ship with 22 Indian crew members that collided with a US bridge in March, have reached an "agreement" with the US government on cost payment, while rejecting liability for the incident
-
RBI Governor Highlights Need for Faster Remittance Settlements Amid Advancing eRupee Trials
Speaking about the eRupee CBDC, RBI Governer Shaktikanta Das emphasised that it plays a key role in India's "world-class digital public infrastructure" (DPI), which has enabled the creation of various digital financial products. He highlighted that developing protocols like the eRupee is essential for enabling real-time, cost-effective cross-border...
-
"Swag": Government Shares Pic Of Bengaluru Auto Driver Accepting UPI Payments Via Smartwatch
The picture shows the auto driver utilising a smartwatch with an embedded QR code scanner to effortlessly facilitate UPI payments.
-
US CFTC Orders Fallen Crypto Exchange FTX to Pay $12.7 Billion to Customers
The CFTC agreement resolves a potential roadblock to that repayment, ensuring that the government's lawsuit against FTX will not reduce the funds available to its customers. The CFTC agreed not to collect any payment from FTX until all its customers are repaid, with interest.
-
United Spirits CEO Summoned By Delhi Police In Liquor Payments Case: Report
The CEO of Diageo's Indian business has been summoned by Delhi police's anti-corruption unit investigating billing and discount practices involving government agencies running liquor retail shops between 2017 and 2020, Reuters reported.
-
Paytm Gets Government Panel Nod To Invest In Payments Arm: Report
India's beleaguered Paytm has secured approval from a government panel that oversees investments linked to China to invest 500 million rupees ($6 million) in a key subsidiary, three sources with direct knowledge of the matter said.
-
Government to Delay Digital Payments Market Share Cap, Helping Walmart-Backed PhonePe, Google Pay
India will again delay caps on market share for a popular digital payments method, two sources told Reuters, benefiting Google Pay and Walmart-backed PhonePe as the authorities prioritise growth over concerns about market concentration.
-
Microsoft, Meta and X Join Fortnite Maker Epic Games' Battle Against Apple
Epic Games has been joined by Meta, Microsoft, Elon Musk's X and Match Group in the Fortnite maker's protest that Apple has failed to honor a court-ordered injunction governing App Store payments that required the iPhone maker to let developers provide links and buttons to direct consumers to alternative payment options.
