Rs 10,000 cr will be pumped in BharatNet in 2017-18: Jaitley
<p>Stressing the benefits of a less cash society, Prime Minister Narendra Modi on Saturday said India would continue moving towards digital transactions and called upon the youth to make it successful. Addressing a rally of the National Cadet Corps (NCC) here, Modi also said the cadets can play a catalytic role in helping the citizens […]</p>
<p>The government must tax cash transactions above Rs 50,000, abolish banks’ interest on credit card transactions, give tax refund to consumers on digital payments and extend Rs 1,000 subsidy on smart phones to promote a less-cash, digital economy, a panel of Chief Ministers has said in a report. “To curb use of cash for large […]</p>
<p>Mobility solutions firm Mahindra Comviva on Tuesday launched its “Infinity Digital Engagement” platform in India that embraces mobile data to enable enterprise digital transformation. The platform enables enterprises to create rich and contextual digital engagements with their consumers, employees, partners and connected devices. “Infinity Digital Engagement Platform helps realise the vision of a digital society […]</p>
<p>The National Payments Corporation of India (NPCI) on Saturday reported that Rs 54.90 crore worth of prize money has been distributed to over 3.42 lakh winners of NITI Aayogs ‘Lucky Draw Schemes’ for consumers and merchants to promote digital payments. According to the umbrella organisation for all retail payment systems in the country, the prize […]</p>
<p>The Australian government plans to tax all online transactions, Treasurer Scott Morrison said on Wednesday, as part of a so-called ‘tax strike’ on the rapidly-growing digital economy. Currently, the government is unable to tax all of Australia’s approximately $7.37 billion annual online transactions, However, Morrison said on Wednesday that as Australia moves towards a modern, […]</p>
<p>Identifying India’s strength in its demography, democracy, and demand, Prime Minister Narendra Modi on Tuesday stressed the need for digital-based governance to bring efficiency in the country’s decision-making process and to boost the economy. Calling “democracy” India’s biggest strength, he said: “Some people say democracy cannot deliver effective and fast track governance, but we have […]</p>
<p>Prime Minister Narendra Modi on Monday disclosed that the recently launched BHIM (Bharat Interface for Money) mobile application has recorded 10 million downloads. The Prime Minister said the mobile-based application, launched to promote digital transactions, achieved the 10-million-downloads-mark within a span of only 10 days. “Delighted to know that in a span of 10 days […]</p>