Tax evasion of more than Rs 1.37 lakh cr detected in last 3 years
The Revenue Department on Friday said it has detected evasion of more than Rs 1.37 lakh crore in both direct and indirect taxes and identified over 1,000 shell companies which indulged in bogus transactions worth Rs 13,300 crore in the last three financial years.
Apr 07, 2017, 13:13 PM IST
Minor child can teach an app for cashless transaction to elders:Manohar Parrikar
Explaining how easy is the technology about cashless tansactions to learn, Defence Minister Manohar Parrikar on Sunday said a minor child can easily teach a related mobile application to the elder generation.
Nov 27, 2016, 22:30 PM IST
ICICI Bank executes India's first transaction on blockchain
ICICI Bank Wednesday announced that it has successfully executed transactions in international trade finance and remittances using blockchain technology in partnership with Emirates NBD.
Oct 12, 2016, 17:29 PM IST
Black Money: SIT recommends banning cast transactions over Rs 3 lakh
Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.
Jul 14, 2016, 22:04 PM IST
Good news! No service charge, surcharge on card payments
No surcharge, service charge and convenience fee will be levied on card and digital payment, said Union Cabinet on Wednesday.
Feb 24, 2016, 19:52 PM IST
Cash isn't the king anymore! Explore the new Barterstreets app to know why
Trends from the past are being revived everyday and old school is the new cool. What's trending nowadays is the new crop of exchange related startups that are reintroducing the age old barter system.
Jan 12, 2016, 02:49 AM IST
Starting today, where quoting of PAN card is mandatory
Know types of transactions where quoting of PAN card will be mandatory from January 1, 2016....
Cashless economy: RBI to promote card usage in smaller towns
In efforts to move towards a cashless society, the Reserve Bank on Tuesday said it will come out with a concept paper on promoting electronic payments, especially in smaller towns, by November-end.
Sep 29, 2015, 15:57 PM IST
CID warn about transactions with 31 non-banking firms
The RBI has issued cancellation orders pertaining to 31 non-banking financial companies based in Hyderabad and elsewhere in Telangana, the police warned Tuesday.
May 19, 2015, 21:33 PM IST
Rajya Sabha passes Companies Bill
The Rajya Sabha on Wednesday passed the Companies (Amendment) Bill, 2014, which provides for severe punishment for those raising illegal deposits from the public.
May 13, 2015, 14:12 PM IST
Get ready for 2-tier authentication while using credit cards
The Reserve Bank of India (RBI) said that all transactions involving domestic credit cards must follow rules requiring additional verification, a stance that could impact companies such as Uber Technologies Inc that provide more simple app-based purchases.
Aug 23, 2014, 17:17 PM IST
Shareholders' prior nod needed for related party transactions
Providing more clarity, the government has said that certain class of related party transactions whose value is more than Rs 100 crore would require shareholders' prior approval by way of a special resolution.
Aug 17, 2014, 22:20 PM IST
