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Budget 2017 Wishlist: Insurance industry seeks higher tax exemptions

Budget 2017 Wishlist: Insurance industry seeks higher tax exemptions

In order to increase insurance penetration in India, the insurance industry is seeking higher tax exemptions in the upcoming budget. 

RBI was adequately prepared for demonetisation; has enough currency stocks to last beyond December 30: Jaitley

RBI was adequately prepared for demonetisation; has enough currency stocks to last beyond December 30: Jaitley

In a bid to make economy cashless, government is planning to offer tax incentives to small traders who are accepting payments through digital mode.

Govt offers tax incentives to small traders accepting digital payments

Govt offers tax incentives to small traders accepting digital payments

In a bid to make economy cashless, government is planning to offer tax incentives to small traders who are accepting payments through digital mode. 

DoT to make mandatory for mobiles to support local languages

DoT to make mandatory for mobiles to support local languages

The Department of Telecom (DoT) is likely to come out with regulations in 3-4 months that will make it mandatory for mobile phones to support Hindi and at least one regional language.

MasterCard aims to replace cash with e-payments

Financial service provider MasterCard is focused on finding new ways to replace cash with electronic ways of paying using innovation, the company's CEO has said.

Growing trend of Govts adopting e-payments methods: MasterCard

The United States, Italy, Canada, United Arab Emirates and Romania are some of the latest examples of governments going paperless as a cost-savings opportunity and a method of addressing financial inclusion, MasterCard Worldwide said in a statement.

Expand e-payment pilot projects to more states, areas: Pranab

With the government gearing up to implement Aadhaar based e-payment system to check pilferage in social schemes, Finance Minister Pranab Mukherjee Thursday called for expanding such pilot projects to more states and areas.