Cash Transactions

Paytm Payments Bank to offer risk-free insurance, mutual fund products by June; savings accounts touch 4.4 crore

Paytm Payments Bank was incorporated in August 2016 and formally began its operations in May 2017 from a branch in Noida.

Limit of 20,000 for immovable property transactions: CBDT reads discriminatory and peremptory law to ludicrous level

What makes a householder-seller of immovable property a greater criminal?

Govt proposes easing local data storage rules for foreign payment firms after intense lobbying by US firms

Easing the proposal would be a relief for firms including MasterCard, Visa, and American Express, which fear the country's data onshoring move could cost them millions of dollars and set a precedent for other major governments to implement similar rules at a time when there is heightened scrutiny of how companies globally handle their customers’ data.

Cash use clawing-back to normal, unfazed by digital drive: NCR Corporation managing director

US-headquartered NCR Corporation, which controls nearly half of the ATM market in the country, on Thursday said cash is coming back into the system and it does not feel threatened by the digitisation drive

Budget 2018: Here are 7 things govt should do to bring relief to taxpayers

The government is found wanting in bringing about relief to individual taxpayers on lot many fronts.

Road toll collection: FASTags to be mandatory for all new four-wheelers from 1 December, says govt

The notification follows amendment to Central Motor Vehicle Rules, 1989 by the central government as per powers vested in it under Motor Vehicles Act, 1989.

Credit card bill payment exempt from cash dealing limit of Rs 2 lakh

The move to ban cash transaction above a Rs 2 lakh was aimed at curbing black money by discouraging cash transaction and promoting digital economy

Demonetisation: Cash is back, punching holes in Modi’s 'cashless' plan, and it's not a surprise

After note ban spike in digital transactions was mostly due to lack of an alternative option. When cash returned, people went back to their old ways

Traders term banks' cash transaction fee as financial terrorism

With the banks levying a fee for over four cash transactions at its branches, the Confederation of All India Traders (CAIT) on Thursday said the charges amounted to "financial terrorism"

ICICI, Axis, HDFC Bank limiting cash transactions at branches is really no big deal; here's why

Most of us have moved online already and those who haven’t will eventually do. Just like the way you had to gulp down that bitter cough syrup, whether you liked it or not