Skip to main content

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, Cryptocurrency exchanges evade crore in tax
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.


Tags:

Comments

Post a Comment

Like this 22k jewelers blog?

Popular posts from this blog

Emmvee Photovoltaic Power Share Price Target 2030: Is It a Buy?

The renewable energy sector, particularly the solar energy segment, is growing rapidly. If you are looking for long-term growth opportunities in this sector, 'Emmvee Photovoltaic Power' is a company that warrants your attention. Based on recent market studies and financial reports, we outline the company's key operational metrics here and analyze why market analysts recommend it as an excellent long-term investment. Emmvee Photovoltaic Power: Key Stock and Market Metrics As of July 16, 2026, the company’s stock boasts strong fundamentals, supported by robust operating profit margins and excellent capital utilization. Metric | Details / Statistics Current Share Price (as of 16.07.2026): ₹365.35 Market Capitalization: ₹24,696 Crore Analyst Recommendation: Buy Recommended Investment Horizon: 5 years Expected Target Price (by 2030): ₹628.00 A Detailed Look at Financial and Valuation Ratios To understand why analysts are confident that Emmvee Photovoltaic Power will reach a targ...
Post a Comment
Read more

What are the weekly employment news updates and notifications?

Learn how weekly employment news updates and notifications help job seekers track new vacancies, industry trends, recruitment announcement, and career growth opportunities. Interested in joining a medical education institute? A notification has been released for vacancies at a postgraduate medical education and research institute operating under the Central Government. There is a total of 60 vacancies, including 54 for MTS, 1 for Medical Officer, 1 for Pharmacist, and 1 for Computer Operator. Educational Qualifications: 10th Standard / D Pharm / MBBS. Age Limit: 18–30 years (as of 19.10.2026). Selection Process: Online examination, skill test, and certificate verification. Application Method: Online. Application Fee: ₹1,500 (₹800 for SC/ST categories). Last Date: 19.10.2026. For details: pgimer.edu.in Engineer Positions at National Power Company A recruitment notification has been released for vacancies at the National Thermal Power Company. There is a total of 17 vacancie...
Post a Comment
Read more

What is the future prediction of Vedanta share in 2026?

To enable investors to choose sectors that align with their preferences, the Vedanta Group has demerged into four separate entities, which were listed on the stock exchange the day before yesterday.  What is the outlook for the four newly listed Vedanta entities over the next six months? Stock market expert Reji Thomas shares his insights regarding their performance and the outlook for the next 3–6 months. Vedanta Aluminium Metal Price: 471 Operations: India’s leading integrated aluminium producer, covering the entire value chain—from bauxite mining and refining to the manufacture of products for sectors such as construction, automotive, power, and packaging. Business Outlook: Driven by large-scale infrastructure, low production costs, and steady demand, this is considered the strongest business among Vedanta's four new entities. Next 3–6 Months: Revenue and market valuation are expected to rise in the coming quarters, supported by international price stability and strong domesti...
Post a Comment
Read more