Browsing Category
economy
Indian economic growth | Red hot India economy | GDP growth | Purchasing Power Parity
Bloodbath In Stock Market: Top 9 Indian Firms Lose Rs 84,000 Crore, TCS Worst Hit; This Company…
This has been a long weekend and don’t we just love long
weekends?
Anyhow, it appears that the same cannot be said for the top
ranking companies of the country. Heavy losses were suffered by these companies
in the past week,…
Self-Employed And Want To Own A Home? Here Is Your Checklist For Getting #HomeLoan!
The primary reason being that traditional HFCs are not able to determine the loan repayment capability of the self-employed, as this category of loan seekers have low credit penetration.
WhatsApp Payments vs Google Tez vs PhonePe vs Paytm vs BHIM – Who’s The Winner?
Currently with over a dozen of them operating in the Indian digital space, WhatsApp has a huge advantage over the others with its massive user base. WhatsApp Payments will be going against some of the top-performing digital payments…
Govt. Is Planning To Reduce Your Take-Home Salary; Major Labour Reforms Planned!
The basic income will have to go up and allowances such as house rent, travel, medical etc will have to be capped at 50% of the overall take-home salary.
Mobikwik Facing Stiff Competition? WhatsApp Payments Rolled Out For Masses!
The Supercash on MobiKwik has been heavily criticized for luring in customers without giving back any actual benefit to the user.
Visa Turns Aggressive; Slashes 95% Charge For Debit Card Payments!
Directly targeting RuPay, Visa has slashed the maximum charges in the sub-Rs 2000 bracket of debit card transactions, which indicates their aggressive stand
Paytm Wants A Slice Of PoS Payment Market; Records Highest Mobile Transactions!
After dominating QR Code mode of payments it has emerged that Paytm now plans to roll out a massive quantity of PoS machines, all over India.
ATM Skimming On The Rise; Follow These Steps And Stay Safe!
ATM Fraudsters are using ATM Skimming, an illegal way to copy ATM card details in order to scam users. This is a criminal and punishable offence.
Want To Send Money Abroad? PAN Card Is Now Mandatory!
Basically, RBI has altered the Liberalised Remittance Scheme rules, which allowed money transfer up to $25,000 without any PAN Card requirement.
RBI Increases Repo Rate For The First Time In 4 Years; This Is How You Will Be Affected!
Repo rate is the interest at which RBI lends money to other banks, which are meant for consumer loans. It is also called short-term lending rate.
Confusion Cleared: No GST On Free Banking Services Like ATM Withdrawals!
In a very strange move, Income Tax Dept. last month had issued a notification wherein every bank was ordered to pay GST on free banking services rendered to bank customers who are maintaining minimum bank balance. As per latest updates…
Now, No GST At Duty-Free Shops At Airports; But There’s A Catch!
Income Tax Dept. has officially removed all GST charges from duty-free shops in airports, all across the country. However, this no GST ruling is only applicable for international tourists, who are entering or leaving India.
Income Tax Dept. Will Reward You Upto Rs 5 Crore – This Is How You Can Earn It!
Income Tax Dept. runs an 'Income Tax Informants Reward Scheme' for those, who wish to inform them about tax evaders and information about black money stashed abroad. Now, this scheme has been revamped and redesigned with some big rewards,…
WhatsApp Payments Under Govt. Scanner; NPCI Asked To Clarify Privacy Issues!
Barely 24 hours of that news, fresh insights are coming in from Govt. sources regarding WhatsApp payments; and going by the looks of it, not everything seems smooth. WhatsApp Payments is again under Govt. scanner, and it seems that WhatsApp…
Now Pay Bills Using BHIM; Paytm Has A New Feature Exclusively For iPhone Users!
BHIM’s latest 1.5 version on Android and iOS now allows bill payments for all users. As per the changelog observed, there are several categories within BHIM app, using which any user can pay bills via UPI platform.
WhatsApp Payments Expected To Roll Out To All Users Next Week!
One of the most important features of WhatsApp Payments is that it is UPI-enabled. As of now, WhatsApp is going to partner with HDFC Bank, ICICI Bank and Axis Bank for processing transactions. SBI is also expected to join the growing number…
Anti-Cash Drive: 2000 ATMs Shut Down By Banks In Last 10 Months!
RBI’s latest data is stating that as many as 2000 ATMs shut down all across India by banks, between May 2017 and February 2018. There is an interesting twist here: While on-site ATMs have been reduced, off-site ATMs have increased, albeit…
Instagram Payments Launched – Everything You Need To Know
Instagram payments is the new feature where you can register a debit or credit card on your profile, set up a security pin and save the card for future use. You can directly buy things from the app without having to leave the app for a…
GST Simplified To Just 1 Filing Per Month; Private Firms Kicked Out Of GSTN!
GST Simplified! In a sweeping change, GST Council has simplified the overall GST filing to just one filling per month. This will provide a great relief to all those businesses, who generate lots of invoices and challans in a year. Besides,…
Dark Secrets Of Bank Frauds Revealed – Rs 1 Lakh Cr ‘Officially’ Looted In Last 5 Years!
In a Right to Information reply, RBI has revealed some dark secrets of banking frauds, and the sheer volume will shock you. As per the reply shared by RBI, collectively Rs 1 lakh crore worth of banking frauds have happened in India, in the…