Thursday, June 11, 2020

RBI announces creation of Payments Infrastructure Development Fund

The Reserve Bank of India ( RBI ) has announced the creation of a Payments Infrastructure Development Fund (PIDF) to encourage acquirers to deploy Points of Sale (PoS) infrastructure (both physical and digital modes) in tier-3 to tier-6 centers and northeastern states. Over the years, the payments ecosystem in the country has evolved with a […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2YnWFz9

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