The RBI is also mulling introducing Card-on-File Tokenisation (CoFT) creation facilities directly at the issuer bank-level, given the growing acceptance and benefits of tokenisation of card data, Governor Shaktikanta Das Das said on Friday while announcing the outcome of the policy meeting. “It is now proposed to introduce CoF token creation facilities directly at the…
Gross GST collections in September 2023 stood at Rs 1,62,712 crore, which is 10 per cent higher as compared to last year, according to the latest official data released on Sunday. It is the fourth time that the gross GST collection has crossed Rs 1.60 lakh crore mark in the current FY 2023-24. During the…
The Reserve Bank of India (RBI) has extended the last date to exchange and deposit ₹2,000 notes till October 7, 2023. “As the period specified for the withdrawal process has come to an end, and based on a review, it has been decided to extend the current arrangement for deposit / exchange of ₹2000 banknotes…
A Step-By-Step Guide On How to Update Nominee in Mutual Funds Online: Even as markets regulator Sebi has made it mandatory for all demat account holders to either furnish nomination declarations or opt out of nominations by January 1, 2024, mutual fund investors and demat account holders need to nominate someone before the deadline ends….
E-commerce major Flipkart on Thursday said it will launch its nine-day annual festive season sale on October 8 but will provide early access to its paid users a day earlier. This will be the 10th edition of The Big Billion Days (TBBD) in the company’s business journey of 15 years. Similarly, e-commerce giant Amazon has…
Tax Calendar For October 2023: Tax planning is an essential part of financial management. In order to do better tax planning, meeting due dates is the most important task. For this, a tax calendar may come in handy for taxpayers to stay organised and compliant with tax requirements. Here are the tax due dates for…
Meta-owned instant messaging platform WhatsApp recently rolled out the Channels feature for users in multiple countries across the world. The feature has gained traction as it allows WhatsApp users to stay in touch with celebrities and other known people. For example, PM Narendra Modi’s WhatsApp channel received millions of subscribers within a week. Now, the…
The deadline for depositing/exchanging ₹2,000 banknote notes is just four days away. The Reserve Bank of India (RBI) ordered the withdrawal of the 2,000-rupee note on May 19, giving people time till September 30 to exchange or deposit them with banks ₹2000 banknotes deadline: About ₹24,000 crore notes are still in circulation There are still…
Microsoft-backed startup OpenAI on Monday announced new features for its generative AI-based chatbot ChatGPT. The chatbot is now getting voice and image capabilities, which will allow users to get answers from ChatGPT in five different voices, as well as get answers to the images they submit. In a post on X announcing the new features…
Walmart owned Flipkart has teased its upcoming Flipkart Big Billion Days 2023 Sale on the platform. The sale is often considered a high time revenue generation chance for the e-commerce platform and potential customers in India also wait for it. As per the track record, interested buyers can expect bank offers, discounts, cashbacks and price…