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Finance ministry has amended the Prevention Of Money Laundering Bill to introduce these changes
Earlier, companies were mandated to do a physical or in-person KYC to sign up new customers
Digital payments companies stood to lose 95% of their users, due to physical KYC requirements
India’s finance ministry has amended the country’s Prevention…
In its comment on the policy, FinMin has proposed data protection be kept out of ecommerce policy
The draft data protection bill is being prepared by the MeitY
The ecommerce policy will be finalised after the Lok Sabha elections
India is currently in the middle of drafting its data protection and…
The first interdisciplinary committee recommended a complete ban on crypto trading
RBI issued circular was issued in line with the first committee submission, maintains finance ministry
The second interdisciplinary committee yet to make its draft on crypto trading public
In a counter affidavit to a two-judge Supreme Court bench hearing a…
• The RBI had given six months time to global payment companies to secure data in India • Google, Microsoft, Paytm etc supported the decision • The finance ministry has proposed that companies store a copy of their data in India
After the RBI’s directive to payment system operators in the country to store…
In Budget 2018 Jaitley Announced Blockchain, AI And ML Push To Help Encourage Healthcare Startups
Announcing the world’s biggest healthcare scheme, National Health Protection Scheme, that will benefit…
The Government Is Also Awaiting For The Appointed Experts’ Advice Regarding Bitcoin
Clueless about under which GST slab Bitcoin falls, cryptocurrency exchanges in India…
To Ensure Customer Security, Finance Ministry Is Looking To Monitor International Cryptocurrency Transactions
The Indian government is mulling the implementation of Know Your Customer (KYC)…
Important Indian Startup News [June 26 - July 1]
We bring to you the weekly dose of important Indian startup news…
Third-Party Ecommerce Sellers Also Get Relief From TDS Under GST
The Ministry of Finance has delayed the provisions related to TDS (Tax…
MP Rajeev Chandrasekhar has written a letter to Arun Jaitley, Finance Minister…
The struggle for Ola and Uber to co-exist with other transport providers…
The rules for implementation of Equalisation Levy (EQL), notified by the finance…
