MobiKwik, Cred join hands with RBI to fully launch CBDC (e₹) for Android; check features, usage

MobiKwik, Cred join hands with RBI to fully launch CBDC (e₹) for Android; check features, usage

One Mobikwik Systems Ltd. and Cred have recently initiated their individual e-rupee pilot programs in partnership with the Reserve Bank of India (RBI). This collaboration marks their distinction as the pioneering fintech platforms to join hands with the RBI for the implementation of the central bank digital currency (CBDC). Yes Bank has been selected as … Read more

How PAN 2.0’s QR code can save you from fraud; check why issuing a new PAN card can be useful

How PAN 2.0’s QR code can save you from fraud; check why issuing a new PAN card can be useful

PAN 2.0 card: The Centre is introducing PAN 2.0 with the aim of establishing it as a universal identifier for multiple business and tax requirements, similar to the Aadhaar card which serves as the primary proof of identity. The PAN 2.0 number will serve as a universal identifier linked to various key registrations such as PAN, … Read more

PAN 2.0: How to get the physical card vs e-PAN or online PAN card; check details 

PAN 2.0: How to get the physical card vs e-PAN or online PAN card; check details 

PAN 2.0: The Government has launched the PAN 2.0 Project to modernise and digitise the existing Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) system. The primary goal is to enhance the user-friendliness of issuing and managing PAN and to streamline the various platforms and portals involved in PAN services. The … Read more

PAN 2.0: How to submit details online to get the upgraded PAN card

PAN 2.0: How to submit details online to get the upgraded PAN card

PAN 2.0: The Income Tax Department has launched PAN 2.0 to improve the efficiency of assigning and maintaining Permanent Account Numbers (PAN). This initiative is designed to enhance convenience and security by providing e-PAN cards with a QR code to applicants’ registered email IDs at no charge. A nominal fee is required for a physical … Read more

PAN 2.0: Updates to e-PAN will be done free of cost, says CBDT; check more details

PAN 2.0: Updates to e-PAN will be done free of cost, says CBDT; check more details

The central government has introduced PAN 2.0, an enhanced version of the Permanent Account Number (PAN) system, with the objective of improving taxpayer services in India. PAN 2.0 is an e-governance project designed to modernise the taxpayer registration process through technology. This updated initiative will involve a complete overhaul of the existing PAN/TAN 1.0 system, … Read more

Indian Railways introduces Unique Medical Identification. Key facts about medical facility cards for staff, pensioners

Indian Railways introduces Unique Medical Identification. Key facts about medical facility cards for staff, pensioners

Medical facilities: In a bid to offer medical facilities to its employees and former employees, the Indian Railways has announced a card system called Unique Medical Identification (UMID). These cards are specifically meant for its employees, pensioners, and their dependents.  UMID is a system that assigns a distinctive number to each medical beneficiary to create … Read more

Google Pay is used more for payments in India and Poland than in the US or UK: Survey

Google Pay is used more for payments in India and Poland than in the US or UK: Survey

As one of the top five mobile payment services, Google Pay accounted for 26% of all online transactions last year. Today, more than 150 million users across 42 markets use Google’s mobile payments service to manage their payments with one tap and swipe. But in some countries, the app is used much more than in … Read more