New Delhi: The Reserve Bank of India said on Monday that the Monetary Policy Committee meeting will be rescheduled for September 29, 30 and October 1, 2020, as announced. Dates for the MPC’s bimonthly meeting will be announced shortly, the central bank said. The six-member Monetary Policy Committee (MPC) headed …
Read More »TI warns banks of a penalty for charging a fee on electronic payments
NEW DELHI: On Sunday, the income tax department attacked banks that electronic transactions or payments through tools like UPI, warning them of criminal action for breaking the law. Last year, the government had introduced a new provision that required all companies with an annual turnover of Rs 50 million or …
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