Know about the UPI-Pay Now interlinkage facility

Customers of selected banks from India and Singapore will be able to undertake cross-border remittances. At present, there is a daily limit of Rs 60,000 (around SGD 1,000). The Reserve Bank of India (RBI) and the Monetary Authority Singapore (MAS) recently announced the UPI- Pay Now linkage – the real-time payment system linkage between India’s […]
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The Budget Highlights 2023 for Banking and Finance Sector

The previous budget 2022 has focused on digital and technology to gear up the banking and finance sector which has helped the sector to scale, better and faster service delivery, ease of access to credit and participation in the financial market. The budget 2023 proposes further measures to continue the digitalization as part to reform […]
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Taxation Highlights 2023

The Union Budget 2023 presented in February. The budget was no exception as it rewrapped with old schemes in new avatar. However, finance minister Nirmala Sitharaman has announced five major changes for tax payers. Tax rebate limit is raised to ₹7 lakh from ₹5 lakh. The new tax rates are as below. Income Slab Income Tax Rate […]
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Key Steps to Starting Your Business

Among the chosen 190 countries2, India ranked 63rd in Doing Business 2020(Ease of Doing Business). It means that India is a favorable country for starting up a business. More and more people are working on start-ups. The Government of India is also inspiring to start a business with its various schemes, program, education, workshop, seminar, […]
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The Budget Highlights 2023

Union Finance Minister Nirmala Sitharaman has presented the fifth budget of Modi 2.0. In fact, this is the full budget of the second term of the Narendra Modi government before the general elections next year. The government has envisioned laying a strong foundation to steer the Indian economy. Here we are providing some highlights of […]
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Know Gold exchange-traded fund

As an Indian, I think gold does not need any introduction because, in India, gold has been considered the most precious and auspicious metal for all Indians for every occasion from ancient times. Gold is a symbol of wealth apart from its religious significance. Indians prefer gold in both ornament and investment. Earlier, gold was […]
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Top trends in banking industry in 2023

The year 2022 was not so momentous but a rollercoaster ride for the Indian Banking Industry due to RBI’s unprecedented aggression on inflation, the arrest of a top banker in a loan scam, and continuing collapse of India’s cooperative banks. 2023 will be a challenging year in many ways for financial institutions such as innovative […]
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Beware of digital lending fraud traps

With the use of technology, the risk of fraud is also increased. When it comes to banking and finance, the digitalization for every service is increasing, and getting an online loan is no exception. However, that is associated with multiple risks. Before installing or using a digital loan app, you should check the authenticity of […]
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