The government’s demonetisation scheme is expected to drive up digital transactions and could also boost fintech. Surprisingly, though, investors don’t seem to be warming up to the idea. Data from Tracxn Technologies shows funding in the fintech space has dropped by 60.84% in 2016 so far. Just $4…
Tag: RTGS
Currency Ban Impact | Small firms & rural demand to be affected; says Tata Steel
Government’s move to demonetise currency will impact the secondary steel sector as most of the business conducted by these mini mills and rolling factories is cash-based, which in turn would help the large producers, Tata Steel said. Counted among the top 10 steel makers globally, the Mumba…
GST portal goes live, software almost ready: GSTN Chairman Navin Kumar
A new and simpler portal for the incoming Goods and Services Tax regime went live that will enable easy filing of returns and tax payments through credit/debit cards and other modes. As much as 60 per cent of the software needed to run GST is ready and GSTN – the company building the gigantic inf…