Income Tax : Explains the centralization of digital platforms, surveillance powers, and opaque governance. Key takeaway: citizens have limited ...
Finance : Finance Ministry confirms no proposal to impose charges on UPI payments. Govt provided ₹8,730 crore support to sustain zero-char...
Finance : UPI processed over 16B transactions worth ₹23.49 Lakh Crore in October 2024, marking significant growth in India’s digital pay...
Finance : Learn about UPI transaction trends, fraud prevention measures, and India's plans to integrate UPI with global payment systems for ...
Finance : Discover insights from the 4th Session of India-Ghana JTC where UPI operationalization on Ghana Interbank Payment System and MoUs ...
Finance : NPCI International collaborates with Bank of Namibia to deploy India's UPI in Namibia, boosting financial inclusion and modernizin...
Finance : NPCI to auto accept or reject IMPS chargebacks based on TCC/RET timing from Aug 27, 2025, applicable only to bulk upload/ODIR meth...
Finance : NPCI modifies UPI chargeback rules, introducing RGNB for remitting banks to directly raise genuine disputes declined under existin...
Finance : NPCI mandates NACH banks to integrate a Real-Time PAN and Bank Account Validation API for government use, including the Income Tax...
Corporate Law : NPCI introduces NACH 3.0, an upgraded platform with enhanced security, improved interface, and optimized file handling for member ...
Finance : NPCI mandates stricter beneficiary name display rules for UPI transactions. Only verified bank names will show to reduce errors an...
Explains the centralization of digital platforms, surveillance powers, and opaque governance. Key takeaway: citizens have limited oversight over critical digital systems.
Finance Ministry confirms no proposal to impose charges on UPI payments. Govt provided ₹8,730 crore support to sustain zero-charge ecosystem.
NPCI to auto accept or reject IMPS chargebacks based on TCC/RET timing from Aug 27, 2025, applicable only to bulk upload/ODIR methods.
NPCI modifies UPI chargeback rules, introducing RGNB for remitting banks to directly raise genuine disputes declined under existing negative chargeback rules.
NPCI mandates NACH banks to integrate a Real-Time PAN and Bank Account Validation API for government use, including the Income Tax E-Filing Portal.
NPCI introduces NACH 3.0, an upgraded platform with enhanced security, improved interface, and optimized file handling for member banks, with migration starting in July.
NPCI mandates stricter beneficiary name display rules for UPI transactions. Only verified bank names will show to reduce errors and fraud. Compliance is required by June 2025.
NPCI updates NACH mandate cancellation, enabling any sponsor bank to process. Banks/corporates responsible for data accuracy and confirmation. Effective 4/4/25.
NPCI directs banks to enable online mandate cancellation by February 28, 2025, or face de-boarding from ONMAGS. Non-compliance risks participation in NACH.
UPI processed over 16B transactions worth ₹23.49 Lakh Crore in October 2024, marking significant growth in India’s digital payment ecosystem.
