April 1, New Delhi: With the start of the new financial year today, a set of other key reforms has come into effect. Starting April 1, all digital payment transactions in India are required to meet the norms of two-factor authentication (2FA), as directed by the Reserve Bank of India.Under the...
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digital payments
fastag
financial year
india
national highways authority of india
new delhi
pan card
permanentaccountnumber
prepaid payment
reserve bank of india
toll access
transaction security
two-factor authentication
upi
With the start of the new financial year today, a set of reforms, including key changes to financial regulations, will come into effect.The Income Tax Act, which has been in place for over six decades, will be replaced by the new Income Tax Act, 2025, starting today. This is designed to...
2025
digital payments
fastag
financial reforms
financial regulations
financial year
financial year 2026-27
income tax
income tax act
permanentaccountnumber
reserve bank of india
tax compliance
tax law
tax regulations
New Delhi, February 9 Draft Income Tax Rules have proposed significantly increasing transaction limits for quoting PAN for cash deposits/withdrawals in banks, purchase of motor vehicles and property, and payment of hotel bills.The draft also proposes increasing the value of perquisites...
cash deposits
category 1 metropolitan cities
central bank digital currency
crypto exchanges
hotel bills
house rent allowance
income tax rules
motor vehicles
permanentaccountnumber
property transactions