Govt Collects Extra Rs 9,118 Crore As 9 Million Taxpayers File Updated ITRs
The government has raised an additional Rs 9,118 crore in tax revenue from over 9 million updated ITRs filed in the past four years.
Digital Payments Industry Set To Lose Rs 500-600 Crore As Government Withdraws Subsidy On Rupay Debit Cards
The digital payments sector is facing significant financial losses of around Rs 500-600 crore after the government decided to withdraw its subsidy support on RuPay debit cards.
Cabinet Approves ₹1,500 Crore Incentive Scheme For Small Digital Transactions
The Union Cabinet approved an extension of the ₹1,500 crore incentive scheme for small digital transactions on Wednesday.
UPI Breaks Record In January With Over 16.99 Billion Transactions
In Jan 2025, India's UPI saw an all-time high, with transactions surpassing 16.99 billion and a total value exceeding Rs 23.48 lakh crore.
Credit Card Spending Rises 10.8% In January; Led By HDFC & ICICI Bank
Credit card spending rose 10.8% YoY to Rs 1.84 lakh crore in January 2025, led by HDFC Bank and ICICI Bank, RBI data showed.
UPI Dominates India’s Digital Payments Landscape; Transforming The Economy
India's digital payments ecosystem continues to witness exponential growth, with online transactions surging rapidly in recent years.
IDFC FIRST Bank Launches FIRST EARN Credit Card With Fixed Deposit & UPI Cashback
IDFC FIRST Bank, in collaboration with RuPay, has introduced a new UPI-enabled credit card named FIRST EARN, offering instant online access.
UPI Revolutionizes Digital Payments And Credit Access In India, New Research Shows
The Unified Payments Interface (UPI), launched in 2016, has dramatically reshaped financial accessibility in India.
India’s UPI Hits 15.48 Billion Transactions In November; Marking 38% Growth
India's UPI has reached a milestone, with transactions hitting 15.48 billion in November, marking a 38% year-on-year growth.
Over 1.73 Lakh Panchayats Now Using UPI for Digital Payments: Union Minister
The unified payments interface (UPI) technology is rapidly expanding across India. Over 1.73 lakh panchayats are now UPI-enabled, allowing them to collect digital payments.
