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Keep UPI Free By Sharing Its Public Savings Syllabus: GS-2: Government Policies & Interventions GS-3: E-Governance, Growth & Development, Inclusive Growth, IT & Computers, Infrastructure Why in the News ? The Taxation and Other Laws (Amendment) Act, 2026 has amended Section 10A of the Payment and Settlement Systems Act, which had barred charges on BHIM-UPI …
Read MoreWhy in the news? RBI proposes a platform for network-level intelligence and real-time data sharing to curb digital payment frauds. RBI plans to include recurring payments like Fastag and National Common Mobility Card (NCMC) in the e-mandate framework. To promote quick small-value payments through an on-device wallet, RBI proposes bringing UPI Lite under the e-mandate …
Read MoreWhy in the news? RBI Governor suggests permanent transaction deletion to enhance e-rupee anonymity, aiming to match paper currency’s level of privacy. source:enterslice About the RBI Governor’s Remarks on E-Rupee Anonymity: RBI Governor Shaktikanta Das proposed permanent deletion of transactions to enhance anonymity in e-rupee or CBDC. This measure aims to align digital currency with …
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