Finance Minutes – Your Finance Daily
All posts tagged "Cash Transaction"
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1TaxationDemonetization Crackdown: IT Department Targets Cash Deposits in Corporate Accounts
In ongoing demonetization crackdown; Investigating Agencies sent notices to many business houses and cash depositors. The phenomenon has been repeated for the...
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Global MarketsAxis Bank Buys Freecharge to Boost Digital Payments
It is said, launching a product and make it success is a tough job to do. Hence, even the biggest conglomerates take...
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1EconomyRBI Halts Printing of 2000 Rupee Notes; 200 Rupees Notes to Follow?
The Reserve Bank of India has stopped the printing of 2000 Rupee Notes and has now started printing 200 rupee notes. Can...
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1EconomyPremises-less and Paper-less Banking – Still a Distant Future
It has been close to nine months since demonetization was implemented on November 9, 2016. This move was expected to remove the...
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3EconomyAadhaar Enabled Payment System Sees Rapid Growth in Rural India
Aadhaar Enabled Payment System or AEPS OR Aadhaar pay finds great acceptance in rural India. Figure shows that AEPS payment rose to...
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1Personal FinanceNPCI to Launch NFC Rupay Credit Cards Soon
The National Payment Commission of India has decided to launch its commercial Rupay credit cards facility for customers. Presently out of 800...
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2EconomyBHIM App Cashback Program for Merchants Launched
To push digital transactions further, Prime Minister Narendra Modi has declared “cash back” and ‘referral bonus’ plans for utilizing BHIM App for...
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8Global MarketsDemonetization: IT Returns Rise, But Modi’s Cashless India Vision in Vain?
The demonetization was implemented on the November 8, 2016. Almost each and every one of us had at least positive notion post...
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6EconomyDigital Payments: Users Getting Benefits Up To 8 Crore
Since the demonetization, we have seen various efforts of the government to promote digital payments. Numerous schemes were not only initiated, but...
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Global MarketsNo Ban on Cash Withdrawal from Bank and Post Office
Different administrative strides are taken by the Finance Act, 2017. All of this is to check dark cash by debilitating money exchange and...