BENGALURU: After being stuck in beta mode for more than two and a half years, the popular messaging platform WhatsApp has the regulatory approval to launch the Unified payment interface (UPI) on a ‘graduated’ basis where you can expand to a maximum of 20 million users initially. Until now, it …
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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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Representative image NEW DELHI: The Ministry of Finance of the Union has advised all the banks do not charge any fees on proceedings or payments made through electronic modethe Central Board of Direct Taxes (CBDT) said in a statement Sunday. According to the CBDT, some representations revealed that some banks …
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