Search Results for: tax payments

Data Processing Revolutionizes Digital Payments: A Deep Dive into Transformative Impacts

Data processing is central to the digital payment sector's transformation, boosting efficiency, security, and data-driven decision-making

Sep 12, 2024

Green Day, Shawn Mendes, Hanumankind to set the stage on fire at Lollapalooza India 2025

The punk rock band Green Day, which is known for tracks like 'American Idiot', 'Boulevard of Broken Dreams' and 'Good Riddance (Time Of Your Life)', is set to perform at the upcoming edition of the multi-genre music festival Lollapalooza India in Mumbai, in March next year.

Sep 10, 2024

AI-Powered Digital Payments: Transforming Travel, Hospitality, and Retail Experiences

AI is transforming digital payments in industries like travel, hospitality, and retail by improving efficiency, personalization, and security

Sep 10, 2024

Centre to create Aadhaar-like digital IDs for 11 crore farmers by FY27

In a bid to empower the farmers' community, the government is targeting to create digital identities for 11 crore farmers over the three fiscals which will be similar to Aadhaar card.

Sep 5, 2024

Over 78 lakh EPS pensioners can get pension from any bank, anywhere from Jan 1, 2025

The Centre on Wednesday approved the Centralised Pension Payments System (CPPS) that will benefit more than 78 lakh people under the Employee Pension Scheme (EPS), which is part of the Employees' Provident Fund Organisation (EPFO).

Sep 4, 2024

India's fintech startups grow fivefold in last three years

India's financial sector is growing at a rapid pace as fintech startups have grown by about five times in the past three years, according to a report. The growth has been from 2,100 in 2021 to 10,500 in 2024.

Sep 4, 2024

UPI Transactions Skyrocket, India Leads in Digital Payments

India's digital economy has witnessed a significant milestone with the National Payments Corporation of India (NPCI) reporting a record-breaking surge in Unified Payments Interface (UPI) transactions in August. The data revealed a 41% year-on-year growth, with UPI transactions reaching an all-time high of 14.96 billion.

Sep 1, 2024

Centre partners Visa to skill 20,000 youth for tourism industry

Visa and Indian Government Partner to Boost Tourism Industry by training 20,000 youth

The Indian government and Visa have partnered to train 20,000 youths for the tourism industry. The initiative aims to enhance the tourism experience in ten states including Assam and West Bengal.

Aug 31, 2024

Prime Minister Narendra Modi attends the Global FinTech Fest

India's best is yet to come, says PM at GFF, hints at returning to power in 2029

Prime Minister Narendra Modi indicated that he would return to power in five years as India's "best is yet to come", while addressing the annual 5th Global Fintech Fest

Aug 30, 2024

PMJDY: A Decade of Financial Inclusion in India

The Pradhan Mantri Jan Dhan Yojana (PMJDY) scheme, launched in 2014, has integrated over 53.14 crore economically marginalized individuals into mainstream banking. The scheme has seen a 3.6-fold growth in accounts, providing access to formal banking services and promoting financial inclusion. The PMJDY scheme has also promoted gender equality and rural inclusion, with 67% of accounts opened in rural or semi-urban areas and 55% by women. The success of PMJDY in promoting financial inclusion in India is comparable to similar initiatives globally, like M-Pesa in Kenya and Grameen Bank in Bangladesh.

Aug 28, 2024

SEBI Issues Notices to Paytm CEO Vijay Shekhar Sharma Over Alleged IPO Irregularities

SEBI has issued notices to Paytm CEO, Vijay Shekhar Sharma, over alleged IPO irregularities. The allegations include misrepresentation of facts and non-compliance with promoter classification norms.

Aug 26, 2024

India offers UPI as a plug-and-play system to other countries to speed up cross-border payments

RBI Governor Offers UPI System for Global Adoption

India's Reserve Bank of India (RBI) Governor, Shaktikanta Das, has offered the country's Unified Payments Interface (UPI) system as a plug-and-play model for other nations.

Aug 26, 2024

Paytm sells entertainment ticketing business to Zomato for Rs 2,048 crore

Zomato Acquires Paytm's Entertainment Ticketing Business in Rs 2,048 Crore Deal

Paytm, has announced the sale of its entertainment ticketing business to food aggregator Zomato. The deal, valued at Rs 2,048 crore, is a cash transaction and marks a strategic shift for Paytm as it seeks to concentrate on its core payments and financial services distribution.

Aug 22, 2024

Nine MoUs signed as India and Malaysia elevate relationship to Comprehensive Strategic Partnership

Elevating India-Malaysia relationship to Comprehensive Strategic Partnership, Prime Minister Narendra Modi and visiting Malaysian PM Anwar Ibrahim held wide-ranging talks in New Delhi on Tuesday which culminated in the signing of nine Memorandums of Understanding (MoUs), ranging from digital technologies, tourism, recruitment, employment and repatriation of workers to co-operation in the field of Ayurveda and other traditional systems of medicine.

Aug 20, 2024

Global job postings up 7.3 pc in April-June; US and India markets lead

Driven by rising demand for talent in the US and India markets, the global hiring activity showed positive trends in the April-June period (Q2 2024), with job postings increasing 7.3 per cent

Aug 19, 2024

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