Category: NEWS

No MDR on businesses over Rs 50 Cr turnover but they must accept digital payments: CBDT

Delivering on government’s policy objective of building a cashless economy, the Central Board of Direct Taxes(CBDT) has introduced two new sections to encourage digital payments in the country. CBDT included Section 269SU in the Finance Act 2019 and Section 10A in the Payments Settlement Systems Act 2007 via a notice dated 18th October 2019. First

Travel insurance of up to Rs 10 lakh at a premium of just 49 paise: All you need to know

New Delhi: Everyday, lakhs of passengers book their train tickets online from Indian Railways Catering and Tourism Corporation (IRCTC) website (www.irctc.co.in). Railways’ tourism and catering arm IRCTC offers an insurance cover of up to Rs 10 lakh at a premium of just 49 paise. This insurance cover is for passengers travelling on a valid ticket.