Real estate industry leaders hailed the proposed amendment by Finance Minister Nirmala Sitharaman in the Finance Bill to give big relief on capital gains tax in property transactions.
As of July, the ONDC Network boasts over 638,000 sellers and service providers, operating in more than 609 cities and delivering to a total of 1,200 cities nationwide. The impressive volume of transactions highlights the Network's increasing popularity and effectiveness in catering to a dive
Payments through Unified Payments Interface (UPI) reported a 45 per cent yearly growth as per the data made available by the National Payment Corporation of India (NPCI).
In a press release on Friday, DEWA announced that customers conducted over 1.1 million digital transactions via DEWA's website, over 2.2 million transactions via its smart app, and more than 3.3 million transactions through various digital channels provided in collaboration with partners.
The Reserve Bank of India (RBI) has released a draft framework on alternative authentication mechanisms to supplement the SMS-based OTP system for digital payment transactions.
For the first time, the total net profit of the banking sector crossed Rs 3 lakh crore in FY24, with all bank groups achieving a return on assets (ROA) greater than 1 per cent.
The Directorate General of Foreign Trade (DGFT) has announced enhancements to the Export Promotion Capital Goods (EPCG) Scheme aimed at simplifying processes, reducing transaction costs, and promoting automation to benefit exporters.
New Delhi [India], July 26: Global trade and personal transactions are increasingly linked, and XoomPay is a light of innovation and trustworthiness in international payment solutions. Since 2015, London-based XoomPay has been a global leader in financial technology, offering a flexible and
Indian markets closed on a decline on Thursday, a day after the government proposed an increase in capital gains tax and a hike in the Securities Transaction Tax for F&O transactions in the Union Budget