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ITR Advance Tax Deadline Today: Who Needs To Pay, How To Avoid Penalties
Advance tax is a system where taxpayers pay their income tax liability in installments throughout the financial year, instead of a lump sum at the end.
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How To Apply For Pan 2.0 with QR Code Online: Check Benefits, Documents Required, and More
PAN 2.0 is a secure and upgraded financial identity system introduced by India’s Income Tax Department. This innovative card offers faster issuance, digital updates, Aadhaar integration, and QR code-based identity verification. Our guide explains the step-by-step process to apply via NSDL or UTIITSL, eligibility criteria, required documents, and ...
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Taiwan Aligns with India, Japan on AML Regulations for Crypto Businesses, Accelerates Registration Deadline
This week, Taiwan's Financial Supervisory Commission (FSC) announced that all cryptocurrency firms, whether already operating in the country or planning to establish operations, must register for anti-money laundering (AML) compliance. The FSC has advanced the registration deadline from January 1, 2025, to November 30, 2024, urging firms to expedit...
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How Medi Assist Is Using AI To Speed Up Hospital Discharges And Tackle Fraud
Medi Assist's journey with AI is transforming how India's healthcare system operates. It ensures patients face less financial anxiety while tackling the systemic issue of fraud.
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RBI's CBDC Yet Another Step in Taking Indian Payments Ahead, JPMorgan Blockchain Head Says
RBI's approach towards exploring the inclusion of the eRupee into the existing financial system has garnered applaud from Maveen Mallela, the global co-head of JPMorgan’s blockchain and digital currency unit called ‘Onyx’. The CBDCs is yet another step in taking Indian payments ahead, he said.
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Unified Lending Interface Will Be Launched In Due Course: RBI Chief
Reserve Bank Governor Shaktikanta Das on Monday said the central bank is constantly working on policies, systems, and platforms to make the country's financial sector strong, nimble and customer centric.
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Analysing WazirX’s Controversial Approach to Mitigating Financial Impact of Wallet Hack
WazirX has planned a strategy aiming to build back its business after the recent hack. As part of this plan, the exchange has decided to distribute the impact of this loss ‘equitably’ among all of its users – regardless of whether or not their funds were directly impacted by this hack. The development has stirred controversy in India’s cryp...
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Economic Survey 2023-24 Reveals Over 30 Crore Students In India's Education System
Economic Survey 2023-24: Female enrolment in higher education increased to 2.07 crore in financial year 2022 from 1.57 crore in fiscal year 2015.
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Indian Financial Systems Remain Largely Unaffected From Microsoft Outage
The Indian financial and payments systems remained largely unaffected by the Microsoft services outage, though about 10 banks and NBFCs faced minor disruptions which have either been resolved or are being fixed.
-
Indian Economy, Financial System Remain Robust And Resilient, Says RBI
The Indian economy and the financial system remain robust and resilient, anchored by macroeconomic and financial stability.
-
Financial System Resilient, Banking NPAs At Multi-Year Low Of 2.8%: RBI Report
Indian economy and the financial system remain robust and resilient as the gross non-performing assets (GNPA) ratio fell to a multi-year low of 2.8 per cent at the end-March 2024, RBI said in its June Financial Stability Report (FSR).
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India's Financial System Is Now In "Much Stronger Position": RBI Governor
RBI Governor Shaktikanta Das on Thursday said that the Indian financial system is in "much stronger position," characterised by robust capital adequacy, low levels of non-performing assets, and healthy profitability of banks and non-banking lenders.
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Top Defence Chief Gives Big Update On India-Made Artillery Gun Systems Order
The first order of 307 Advanced Towed Artillery Gun Systems (ATAGS) for deployment along the borders with China and Pakistan will be placed before the end of the current financial year--FY 24, DRDO chairman Dr Samir V Kamat said.
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Google Pay, NPCI Sign MoU to Expand UPI Globally, Aim to Ease Digital Payments Abroad
Google Pay and National Payments Corporation of India (NPCI) will work together to expand Unified Payments Interface (UPI), the instant payments system widely used in the country, to international markets, Google and NPCI confirmed Wednesday. A Memorandum of Understanding (MoU) has been signed between Google Pay India and NPCI subsidiary, NPCI Inte...
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3 More Arrested In Connection With ₹ 25 Crore Cyber Fraud Case In Maharashtra
The police in Maharashtra's Thane city have taken into custody three more persons over a financial crime that involved breaching the system of a payment gateway service provider and siphoning off Rs 25 crore.
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ITR Advance Tax Deadline Today: Who Needs To Pay, How To Avoid Penalties
Advance tax is a system where taxpayers pay their income tax liability in installments throughout the financial year, instead of a lump sum at the end.
-
How To Apply For Pan 2.0 with QR Code Online: Check Benefits, Documents Required, and More
PAN 2.0 is a secure and upgraded financial identity system introduced by India’s Income Tax Department. This innovative card offers faster issuance, digital updates, Aadhaar integration, and QR code-based identity verification. Our guide explains the step-by-step process to apply via NSDL or UTIITSL, eligibility criteria, required documents, and ...
-
Taiwan Aligns with India, Japan on AML Regulations for Crypto Businesses, Accelerates Registration Deadline
This week, Taiwan's Financial Supervisory Commission (FSC) announced that all cryptocurrency firms, whether already operating in the country or planning to establish operations, must register for anti-money laundering (AML) compliance. The FSC has advanced the registration deadline from January 1, 2025, to November 30, 2024, urging firms to expedit...
-
How Medi Assist Is Using AI To Speed Up Hospital Discharges And Tackle Fraud
Medi Assist's journey with AI is transforming how India's healthcare system operates. It ensures patients face less financial anxiety while tackling the systemic issue of fraud.
-
RBI's CBDC Yet Another Step in Taking Indian Payments Ahead, JPMorgan Blockchain Head Says
RBI's approach towards exploring the inclusion of the eRupee into the existing financial system has garnered applaud from Maveen Mallela, the global co-head of JPMorgan’s blockchain and digital currency unit called ‘Onyx’. The CBDCs is yet another step in taking Indian payments ahead, he said.
-
Unified Lending Interface Will Be Launched In Due Course: RBI Chief
Reserve Bank Governor Shaktikanta Das on Monday said the central bank is constantly working on policies, systems, and platforms to make the country's financial sector strong, nimble and customer centric.
-
Analysing WazirX’s Controversial Approach to Mitigating Financial Impact of Wallet Hack
WazirX has planned a strategy aiming to build back its business after the recent hack. As part of this plan, the exchange has decided to distribute the impact of this loss ‘equitably’ among all of its users – regardless of whether or not their funds were directly impacted by this hack. The development has stirred controversy in India’s cryp...
-
Economic Survey 2023-24 Reveals Over 30 Crore Students In India's Education System
Economic Survey 2023-24: Female enrolment in higher education increased to 2.07 crore in financial year 2022 from 1.57 crore in fiscal year 2015.
-
Indian Financial Systems Remain Largely Unaffected From Microsoft Outage
The Indian financial and payments systems remained largely unaffected by the Microsoft services outage, though about 10 banks and NBFCs faced minor disruptions which have either been resolved or are being fixed.
-
Indian Economy, Financial System Remain Robust And Resilient, Says RBI
The Indian economy and the financial system remain robust and resilient, anchored by macroeconomic and financial stability.
-
Financial System Resilient, Banking NPAs At Multi-Year Low Of 2.8%: RBI Report
Indian economy and the financial system remain robust and resilient as the gross non-performing assets (GNPA) ratio fell to a multi-year low of 2.8 per cent at the end-March 2024, RBI said in its June Financial Stability Report (FSR).
-
India's Financial System Is Now In "Much Stronger Position": RBI Governor
RBI Governor Shaktikanta Das on Thursday said that the Indian financial system is in "much stronger position," characterised by robust capital adequacy, low levels of non-performing assets, and healthy profitability of banks and non-banking lenders.
-
Top Defence Chief Gives Big Update On India-Made Artillery Gun Systems Order
The first order of 307 Advanced Towed Artillery Gun Systems (ATAGS) for deployment along the borders with China and Pakistan will be placed before the end of the current financial year--FY 24, DRDO chairman Dr Samir V Kamat said.
-
Google Pay, NPCI Sign MoU to Expand UPI Globally, Aim to Ease Digital Payments Abroad
Google Pay and National Payments Corporation of India (NPCI) will work together to expand Unified Payments Interface (UPI), the instant payments system widely used in the country, to international markets, Google and NPCI confirmed Wednesday. A Memorandum of Understanding (MoU) has been signed between Google Pay India and NPCI subsidiary, NPCI Inte...
-
3 More Arrested In Connection With ₹ 25 Crore Cyber Fraud Case In Maharashtra
The police in Maharashtra's Thane city have taken into custody three more persons over a financial crime that involved breaching the system of a payment gateway service provider and siphoning off Rs 25 crore.
