Bharat Interface of Money (BHIM), a mobile app for easy and fast transactions has been developed by National Payments Corporation of India (NPCI). The app works on any smart phone with Android and iOS versions. BHIM app is already available on Google Play Store for ANdroind mobile phones. Here is the step by step procedure … Read more
The Government of India has announced BHIM app in its efforts to make India a cashless country. The BHIM app is Aadhaar linked app and can be used on any smart phone. Prime Minister Narendra Modi launched this Aadhaar-based mobile payment application called BHIM (Bharat Interface for Money). The app is a rebranded version of … Read more
The Government of India is likely to revise income tax slabs as part of its monetary measures to boost the economy. The higher exemption is expected for the salaried and middle class tax payers of the country. If the reports are to be believed, the Government of India may increase the basic income tax exemption … Read more
Here comes another move from Government of India as part of its efforts to curb circulation of black money. The finance minister has clarified that the gold above the quantity of 500 grams can be seized by the income tax authorities for scrutiny. The amended Income Tax law has provisions in this regard. The latest … Read more