Search Results for: Balance of Payment

UPI

UPI transactions reach Rs 20.64 lakh crore in July: NPCI

The Unified Payments Interface (UPI)-based transactions surged once again in the month of July, reaching Rs 20.64 lakh crore against Rs 20.07 lakh crore in the previous month – a massive 35 per cent surge (year-on-year), the data released by the National Payments Corporation of India (NPCI) Aug 1, 2024
Adani Total Gas reports 20 pc PAT growth in Q1, overall volume up 17 pc

Adani Total Gas reports 20 percent PAT growth in Q1, overall volume up 17 percent

Leading city gas distribution (CGD) company Adani Total Gas on Monday reported a robust operational and financial performance in the April-June quarter by achieving a 21 per cent EBITDA (Earnings before Interest, Tax, Depreciation, and Amortisation) growth at Rs 308 crore, on the back of 17 per cent rise in volume Jul 29, 2024
5G

Digital data protection bill seeks to safeguard users' security: Centre

Amid the changing landscape where cyber-criminals use novel methods to steal personal data, the Digital Personal Data Protection (DPDP) Act, 2023 upholds individuals' rights to safeguard their data, incorporating established principles for its protection, the government has said. Jul 26, 2024
Reserve Bank of India (RBI)

RBI tightens domestic Money Transfer rules, adds new security factors

The Reserve Bank of India (RBI) has tightened rules for domestic money transfers, requiring banks to record the name and address of beneficiaries. Remitting banks must register the remitter with a verified cell phone number and an 'Officially Valid Document (OVD)'. Jul 25, 2024
Finance Minister Nirmala Sitharaman

Comprehensive review of Income Tax Act announced in Union Budget

Finance Minister Nirmala Sitharaman announced a comprehensive review of the Income Tax Act, 1961 to simplify the tax regime. The tax regime for charities, TDS rate structure, and capital gains taxation are also being simplified. The government's efforts to simplify taxes are part of a broader effort to improve taxpayer services and reduce litigation. The government also announced measures to make life and health insurance plans more affordable. Jul 23, 2024
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