NEW DELHI: The federal government has directed Items and Companies Tax (GST) officers to not demand pointless paperwork from candidates and requested them to grant registrations in seven working days, the finance ministry mentioned on Friday. FILE PHOTO: A commuter walks previous the constructing of India’s Ministry of Finance throughout nightfall in New Delhi (REUTERS)…
Mumbai: In an effort to curb rising digital frauds, the Nationwide Funds Company of India (NPCI) is reportedly in early discussions with banks to get rid of ‘pull transactions’ on the Unified Funds Interface (UPI). Most frauds are occurring by the pull methodology, and NPCI is exploring the potential for eradicating this characteristic altogether to…
Introduction of platform charges for invoice funds by Google Pay signifies a wider motion in the direction of monetising UPI transactions. Google Pay, a outstanding UPI (Unified Funds Interface) platform, has begun implementing a comfort payment for utility invoice funds, together with electrical energy and cooking fuel payments. Beforehand free for low-value transactions, the service…
Jan 30, 2025 07:22 PM IST From February 1, NPCI will disallow particular characters in UPI transaction IDs to standardise processes. This comes as UPI transactions hit document ranges. Unified Funds Interface (UPI) transaction IDs will not be allowed to comprise particular characters from February 1, the Nationwide Funds Company of India (NPCI) introduced. Any…
New Delhi: In right now’s fast-paced world, the Unified Funds Interface (UPI) has turn out to be an important a part of our day by day lives. From paying for a cup of espresso to dealing with larger transactions like on-line procuring and even paying rides, UPI is our go-to resolution for fast funds. These…
Picture Supply : FILE PHOTO Consultant Picture The Ministry of Finance on Saturday launched the newest knowledge on Unified Funds Interface (UPI) marking the document 15,537 crore transactions between January and November this yr. The worth of those transactions stood at Rs 223 lakh crore. The Finance Ministry posted on X, “Driving the Digital Cost revolution,…
NEW DELHI: The Ministry of Finance on Saturday revealed that the Unified Funds Interface (UPI) accomplished 15,547 crore transactions between January and November 2024. These transactions amounting to Rs 223 lakh crore mirror UPI’s transformative influence on monetary transactions throughout India.UPI is driving a world revolution, not solely increasing throughout worldwide markets but in addition…
New Delhi: The Unified Funds Interface (UPI) has achieved 15,547 crore transactions price Rs 223 lakh crore from January to November this yr, the Finance Ministry mentioned on Saturday. The ministry, in a social media publish on X, said that the UPI transaction figures showcase its transformative impression on monetary transactions in India.With a social…
