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Toll Payments get Complicated with "KYV" Requirements: All You Need to Know About the New FASTag KYC-like Compliance Rule

Manu Sharma

If recurring KYC verifications for bank accounts weren’t enough, Indian vehicle owners now have a fresh compliance headache to deal with the Know...

Cheque Clearance Now Stable, Says NPCI After Initial Delays in Continuous Clearing System Rollout

Will UPI Drop the PIN? NPCI Explores Face ID and Biometric Authentication for Payments

“No such recommendation from the GST Council”: MoS Finance Pankaj Chaudhary at Lok Sabha confirms No...

India Extends ₹4,850 crore Line of Credit to Maldives: Bilateral Collaboration Strategies penned...

India Extends ₹4,850 crore Line of Credit to Maldives: Bilateral Collaboration Strategies penned during PM Modi’s Visit

India extended a ₹4,850 crore Line of Credit to the Maldives during Prime Minister Narendra Modi’s two-day state visit to the island nation. Tensions were earlier rife between India and the...

UPI Transactions to get Faster: Know Impact on Users, Merchants

Consumers across India can now expect significantly faster Unified Payments Interface (UPI) transactions, particularly for merchant payments, thanks to a key software upgrade implemented by the...

SEBI mandates use of Standardised UPI IDs [Read Circular]

The Securities and Exchange Board of India (SEBI) today issued a landmark circular mandating the adoption of standardised, validated and exclusive Unified Payments Interface (UPI) IDs for all...

UPI Auto-Pay Transactions to be Restricted from August 1 as New API Rules Kick In

Starting August 1, 2025, users of the Unified Payments Interface (UPI) will face new restrictions on certain types of API (Application Programming Interface) requests, as the National Payments...

UPI auto-pay - UPI restrictions 2025 - NPCI new rules - taxscan

DGGI Cracks Down on 357 Tax-Evading Online Money Gaming Entities, Advises Public to Exercise Caution

The Directorate General of Goods and Services Tax Intelligence (DGGI) has launched a major crackdown on tax-evading offshore online money gaming entities, blocking 357 websites and URLs operating...

DGGI Cracks - 357 Tax-Evading Online Money Gaming Entities - Online Money Gaming - Advises Public to Exercise Caution - Exercise Caution - taxscan

UPI Advisory: New Mechanism allows Auto-Acceptance and Rejection of Chargeback Amounts

The National Payments Corporation of India (NPCI) has announced an update to the Unified Payments Interface (UPI) chargeback process, providing an automated process for the acceptance and rejection...

UPI - UPI Advisory - New Mechanism allows Auto-acceptance - Auto-acceptance - Auto-acceptance and Rejection - Rejection of Chargeback Amounts - Chargeback Amounts - taxscan

Curbing Fraud: RBI Introduces Beneficiary Name Verification for RTGS & NEFT from April 2025

The Reserve Bank of India ( RBI ) has introduced a beneficiary name look-up facility for Real Time Gross Settlement ( RTGS ) and National Electronic Funds Transfer ( NEFT ) systems to curb fraud. ...