As financial activities shift increasingly online, consumers must navigate new privacy challenges, security risks, and volatile digital assets, emphasising the importance of vigilance and informed habits in managing money digitally. As more people manage money through apps and websites, the…
Advancements in automated income tax systems mean that even taxpayers who file on time can receive notices due to minor inconsistencies or omitted income, prompting a need for heightened accuracy and proper documentation. For many taxpayers, filing an income tax…
India’s export regulator has introduced a new digital system for verifying duty payments, eliminating the need for physical challans and speeding up export obligation clearance for exporters under key schemes. India’s export regulator has moved to digital verification for a…
India is contemplating the introduction of processing charges on its dominant digital payment systems, risking a fundamental shift in an ecosystem that has transformed domestic commerce and attracted global scrutiny, as the government debates whether to treat UPI as a…
India’s Finance Ministry has reaffirmed its stance against reviving the Old Pension Scheme for central government employees, citing fiscal sustainability while facing ongoing demands from employee groups seeking guaranteed retirement benefits. India’s Finance Ministry has again ruled out any plan…
The Indian Income Tax Department has launched a free, instant e-PAN service allowing eligible applicants to obtain a legally recognised digital Permanent Account Number within minutes, streamlining the process for first-time applicants without any fee. India’s Income Tax Department has…
While submitting your income tax return before July 31 offers some relief, the Income Tax Department retains the right to review and issue notices later, especially if discrepancies are found in declared income or tax credits. Filing an income tax…
Finance Minister Nirmala Sitharaman has announced that any future merchant discount rate fees on digital transactions will apply only to high-value merchant transactions, ensuring low-value and consumer transactions remain free, amid efforts to sustain innovation and boost manufacturing in India.…
The potential introduction of a merchant discount rate on UPI transactions raises concerns among India’s mutual fund distributors, threatening margins and broader digital participation in financial services. The prospect of a merchant discount rate on certain UPI transactions has stirred…
The Securities and Exchange Board of India (Sebi) has unveiled plans to relax rules for debt issuers, aiming to reduce operational hurdles and promote greater liquidity in the Indian debt market, including higher ISIN limits and exemptions for green bonds.…
With accessible online platforms and simplified strategies, first-time buyers are navigating the stock market more confidently, emphasising diversification and disciplined research to manage risks effectively. Buying shares for the first time can feel intimidating, but the process is more straightforward…
India’s markets regulator SEBI has proposed increasing the annual limit on ISINs for privately placed debt, reversing recent restrictions to offer more refinancing flexibility for non-banking financial companies and large corporates, amid efforts to streamline the corporate bond market. India’s…
