Using UPI, NEFT, RTGS or IMPS for large payments does not automatically trigger an income tax notice, but unexplained transactions can attract scrutiny, the Income Tax Department's compliance framework focuses on mismatches…
India has reached an extraordinary inflection point, moving from a nation of potential to one defined by scale, speed, and execution, according to an analysis in The Times of India. The article…
India’s fintech companies are trying to turn UPI payments into broader consumer relationships as monthly transactions cross 18 billion. The focus is shifting from processing payments to offering rewards, shopping and financial…
Bengaluru-based ToneTag is working to evolve India's ubiquitous soundbox from a payment-alert device into a banking interface and a gateway to credit. The company's technology uses encrypted sound waves for transaction data…
ThePrint reports that India's UPI needs reform but warns against US pressure. The US Trade Representative's 2026 report says American firms cannot compete fairly in UPI. PhonePe and Google Pay control 80%…
India has offered to share its modular open-source digital public infrastructure (DPI) frameworks with BRICS nations and train workers jointly to build institutional capacity, Minister of State for Communications Chandra Sekhar Pemmasani…
Navi Finserv plans to enter merchant financing and loans against mutual funds as it looks to expand beyond personal loans, which currently make up 90% of its ₹13,000 crore loan book. The…
ThePrint reports that global media outlets, including The Economist and the Financial Times, have characterized the Narendra Modi government's push for symbols like Vande Mataram and the saffron colour as part of…
India's payments sector raised $5.8 billion across 371 equity funding rounds since January 2021, producing eight IPOs and 25 acquisitions, according to data from global market intelligence platform Tracxn, reported by The…
The government has ruled out any transaction charges for UPI users, saying person-to-person payments will remain free and the vast majority of merchant transactions will also be free. The clarification follows an…
Ashin Xavier: interesting
IO Repro: Repro test v4 after fix 2 Oct. Safe to trash.
IO Repro: Repro test v3 after fix 2 Oct. Safe to trash.
IO Repro: Repro test after fix 2 Oct. Safe to trash.