Business news, Cryptocurrency exchanges evade crore in tax

Business news, Cryptocurrency exchanges evade crore in tax and increased the maximum transaction limit of UPI Lite,Rs 55 lakh crore, according to data released by the World Bank, more than..

Business news,

UPI Lite service has a maximum transaction limit of Rs 5,000

The Reserve Bank of India has increased the maximum transaction limit of UPI Lite, a mobile payment service that does not require an internet connection, from Rs 1,000 to Rs 5,000. In UPI, money transfers not only require an internet connection, but also additional confirmation and transaction alert information is sent instantly to the customer's mobile phone.

In UPI Lite, which does not require an internet connection, the transaction limit was previously allowed up to Rs 1,000. The Reserve Bank has issued a circular increasing this to Rs 5,000. This is expected to further increase the number of small-value electronic transactions.

India's external debt rises to Rs 55 lakh crore

India's total external debt increased by Rs 2.60 lakh crore in 2023 to nearly Rs 55 lakh crore, according to data released by the World Bank.

The World Bank's '2024 International Debt Report' states that due to the increase in India's debt, interest on debt has increased from Rs 1.29 lakh crore in 2022 to Rs 1.92 lakh crore in 2023. In 2023, debt on long-term securities increased by 7 percent to Rs 42.33 lakh crore, while debt on short-term securities decreased slightly to Rs 10.74 lakh crore. In 2023, the share of external debt was 80 percent of exports; 10 percent of services exports.

This is stated in it.

Cryptocurrency exchanges evade Rs 824 crore in tax

The government has said that cryptocurrency exchanges have been found to be evading GST to the tune of Rs 824 crore.

In this regard, Minister of State for Finance Pankaj Chaudhary said in a written reply in Parliament: Cryptocurrency exchange exchanges like CoinDCX,

CoinSwitch Kuber, WazirX, Finance have been found to be involved in GST evasion. While a tax evasion of Rs 824 crore has been detected, Rs 122.29 crore has been collected from them so far. He said this.

'Indigo' is the seventh worst airline

'AirHelp' has rated 109 airlines from 54 countries and released a ranking. The companies are ranked based on passenger handling, food quality, seat comfort, staff service, punctuality at take-off and landing. IndiGo has been ranked 103rd in the list.

Overall, IndiGo has been ranked seventh in the top 10 list of worst-performing airlines. IndiGo has denied this, saying the reliability of the results is questionable.

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Today gold price April 2025

Today gold rate status in tamilnadu, 22 carat gold is a type of gold alloy that is 91.67% pure gold. The remaining 8.33% is made up of other metals, such as copper, silver, or zinc. This makes 22 carat gold more durable than 24 carat gold, which is 99.99% pure gold. 22 carat gold is also more affordable than 24 carat gold. Today's Gold Silver price Updated on 05th April 2025 What is the rate of 1 gram gold in Tamil Nadu Today gold silver price 22/24 carat 22ct 1 gm ₹8,310/110⬇️ 24ct 10 gm ₹91,600/1400⏬ 1 gm silver103,00/R5⬇️ 1kg Bar silver ₹90,700 /5300 ⏬ Trading gold silver market live USDINR Rates by TradingView GOLD Quotes by TradingView SILVER Quotes by TradingView The purity of gold is measured in carats, with 24 c...

This gold price is not permanent.

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FADF monitors the Indian jewelery industry

FATF says India's jewelery industry needs to be monitored, Risks being used to finance terrorism NEW DELHI, France-based financial watchdog FATF has warned that high-volume transactions in India's gems and jewelery sector are likely to be used as tools for money laundering and terrorist financing. In this regard, the organization's statement said As the trade in navarat gems and gold jewelery has grown in India, there is a risk of their smuggling and black money transactions also increasing. Removal of ban on gold loan to IIFL Mumbai, 'I.I.F. RBI has removed restrictions imposed on the gold loan business of L. Finance, the company said. I.I. F. RBI had imposed restrictions on the gold loan business of L. Finance Company on March 4. They have now been withdrawn, the company said in the stock exchange. Through this, the company has been allowed to engage in gold loan business again. monitoring In this sector, there are about 1.75 lakh distrib...

22k jewelers

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