Remove 2021 Remove Cards Remove National Remove Taxes
article thumbnail

Union Budget 2021: Highlights

BankBazaar

The Union Budget 2021-22 came at a time when India is ailing from a COVID-battered economy, and its healthcare infrastructure has been stretched to the limit. The National Sample Survey Office conducted a survey between 2017 and 2018, sampling 113,823 urban and rural households. However, in case of serious tax-evasion cases (Rs.

Metro 122
article thumbnail

Bitcoin Daily: S. Korea Eyes Crypto Capital Gains Tax; Crypto Lawyers See Rise In Demand

PYMNTS

South Korean crypto users might soon see 20 percent taxes on their currency, according to Cointelgraph. ” But Sung Tae-yoon , an economist with Yonsei University, warned that taxing cryptocurrencies could slow the country’s tech markets. They falsely claimed to have a Harvard-educated CEO backing them.

Taxes 170
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

2021 GonzoBanker Awards

Gonzobanker

Gonzo readers, 2021 was just plain schizophrenic. 2021 fintech investments, merger activities, and overall focus were off the charts. Two, read and enjoy the 2021 GonzoBanker awards, our annual take on the best things we saw during the year. So which merger was the best in 2021? Doug Larson. THE BANKER AWARDS.

Fintech 143
article thumbnail

Brexit And Beyond: Crossing The International eCommerce Tax Rubicon

PYMNTS

But along the way, global digital sales also carry a host of regulatory hurdles when it comes to satisfying various tax regimes. When [eCommerce companies] can’t get through the language barrier, the outcome is large-scale tax evasion, whether through ignorance, or whether through deliberate actions across the world.”.

Taxes 123
article thumbnail

NEW REPORT: What Demonetization? India’s Cash Usage To Reach $2.5T By 2021

PYMNTS

Demonetization was launched in India in an effort to crack down on the nation’s underground economy, boost tax revenues and encourage the transition to a digital banking infrastructure. However, nearly two years after the policy launched in 2016, cash remains a key component of the nation’s economy. percent from 2016 to 2021.

Report 104
article thumbnail

Italian Banking Association Embraces Need For Speed For Future Of Real-Time Payments

PYMNTS

Another few dozen banks will be joining the instant payments scheme this year, said Camporeale, which pushes percentage of accounts that could use instant payments to 90 percent by the end of 2021. A Leapfrog To Instant – Or Room For Cards, Too? . Contactless card payments will likely remain popular even after the pandemic.

Payments 250
article thumbnail

How to keep your money and valuables safe while travelling overseas

Qudos Bank

Departures have reportedly increased by 215% since the country re-opened in 2021, boasting a monthly average of about 300,000 to June 2022 [1]. Consider taking a card Not only could this make your finances easier to organise, but it could also help reduce the risk of making you a target among potential pickpockets or petty thieves.

How To 52