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Will IT Restrict Excessive or Unnecessary UPI Transactions from August?

Yes, it will, unless someone is receiving a gift amount exceeding 50,000 INR or someone falling under the ‘employee’ category receives an amount more than 5,000 INR from their respective employer via the UPI payment method.   But why?   …

Why Does the Government Want Fintech Sector on Priority List?

There are plenty of reasons for the Indian government to support the domestic fintech sector by offering financial aid.  The Finance Minister’s Union Budget 2025 announcement listed the domestic fintech sector on top of the priority list under the Viksit …

How Ai Impacts Modern Accounting and Chartered Accountants in India?

It’s difficult to name any specific sector in Information Technology that has not been affected by Artificial Intelligence. The world of finance and accounting is one of those that have been heavily impacted due to AI-powered technology. Major Shortfalls of …