transactions

New Delhi: In response to a severe backlash against its new policies on foreign transactions, the Finance Ministry Friday clarified that any debit or credit card transactions of up to Rs 7 lakh made by individuals while abroad would be…

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Goods and Services Tax authorities are seeking near real-time access to banking transactions of the taxpayers, as a means to detect fake invoices and excess use of input tax credit (ITC) by sections of businesses. The move follows recent…

Businesses with turnover of over ₹5 crore will have to generate electronic or e-invoice for B2B transactions with effect from August 1.Businesses with a turnover of ₹10 crore and above must generate e-invoices for all B2B…

Happy Friday, folks! Amid fresh layoffs and a marginal blip in Q1 revenue, Cognizant’s new CEO Ravi Kumar S termed the last quarter “historic” in an interview with ETtech. This and more in today’s ETtech Morning Dispatch.Also in this…

ED to tap lenders for information on Byju's loans, transactions; complying with all foreign exchange laws, CEO writes to employees - The Economic Times Video | ET NowBusiness News›Tech›Tech & Internet›ED to tap lenders for information…

The Directorate of Enforcement (ED) is planning to write to lenders and banks as part of its investigation into Byju’s, seeking details of various transactions and loans, said people aware of the matter.ED, India’s federal financial probe…

In the backdrop of an investigation by India's federal financial probe agency Directorate of Enforcement (ED), edtech startup Byju's founder and chief executive Byju Raveendran wrote to the company's employees saying all of its cross-border…

Card payments major Visa has paused its single-click checkout service for online transactions in India, amid a push by the Reserve Bank of India (RBI) to tighten security standards for digital payments.In 2019, Visa launched ‘Visa Single…

Republican Rep. James Comer of Kentucky said Monday that investigators with the House Oversight Committee identified six more members of the Biden family involved in what he called “shady” transactions.“I have had staff there over the…