Many steps are taken by our govt. in order to promote cashless economy but still there are many problems with regarding to access, adoption and usages of digital payment. Here some problems are discussed regarding the issues in access, adoption and usages of digital payments: Collection of traffic challan, toll charges, property registration charges continue … Continue reading Issues with respect to Access, Adoption and Usages of Digital Payment
Category Archives: india
CYBER CRIME
New technologies create new criminal opportunities but few new types of crime. “As per the information reported to and tracked by Indian Computer Emergency Response Team (CERT-In), a total number of 44,679, 49,455 and 50,362 cyber security incidents were observed during the year 2014, 2015 and 2016, respectively,”. (Source: Minister of State for Electronics and IT … Continue reading CYBER CRIME
How You Can Contribute To the Nation Wealth by Using Digital Payments
India is a cash heavy economy, with almost 78% of all consumer payments being effected in cash. India’s preference for cash as a payment instrument is further reflected by India’s significant cash to GDP ratio of (12.04%), which is substantially higher than comparable countries. As per report issued by Watal Committee, it is stated that … Continue reading How You Can Contribute To the Nation Wealth by Using Digital Payments
Know Your Financial Rights
As an investor and a tax payer, we have certainrights. Here are the following fundamental rightswhich can be acted upon whenever necessary: Right to return insurance policy There’s a Free Look Period in life insurance, which gives you the right to return the policy within 15 days of receiving policy documents, if you do not … Continue reading Know Your Financial Rights
10 Iconic Budgets That Made a Difference
1947: The first budget FM: RK Shanmukham Chetty Independent India’s first budget presented in November 1947 focused on agriculture, not surprising because the farm sector accounted for nearly 70% of the economy. 1950: Grow more food FM: CD Deshmukh This budget proposed a “Grow More Food Plan” with focus on creating irrigation infrastructure, making India’s … Continue reading 10 Iconic Budgets That Made a Difference