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Govt cautions citizens against using public Wi-Fi for transactions

Govt cautions citizens against using public Wi-Fi for transactions

by AIP Online Bureau | Apr 27, 2025 | Indian News, Risk Management, Technology

Free Wi-Fi at places like airports, coffee shops, and public spaces may seem convenient, but it can be very risky for your private and financial information. Many of these public Wi-Fi networks are not properly secured, making them easy targets for hackers and...

Identify high-value cash transactions at hotels, hospitals; pursue arrear demands: CBDT to I-T dept

by AIP Online Bureau | Aug 17, 2024 | Health, Indian News, Policy, Wealth Management/ Philanthropy

Senior IT officials told that transactions over Rs 2 lakh in cash were required to be reported through a statement of financial transaction (SFT) by financial institutions but that was not happening. The department identified some of the businesses, such as hotels,...
CBDT starts sending emails, SMSs to assessees for mismatch in tax profile, fin transactions in FY24

CBDT starts sending emails, SMSs to assessees for mismatch in tax profile, fin transactions in FY24

by AIP Online Bureau | Mar 10, 2024 | Eco/Invest/Demography, Indian News, Policy, Technology

“On the basis of analysis of the taxes paid so far during the current financial year, the Department has identified suchpersons/entities where payment of taxes for F.Y. 2023-24(A.Y. 2024-25) is not commensurate with the financial transactions made by the...
Bitcoin logs over 700K transactions in single day after almost 2 years: Data

Bitcoin logs over 700K transactions in single day after almost 2 years: Data

by AIP Online Bureau | Sep 20, 2023 | Eco/Invest/Demography, Technology, Wealth Management/ Philanthropy

According to the data from Bitinforcharts, the number of daily active addresses reached a multi-month high on September 15, rising from 754,000 two years ago to a whopping 1.08 million San Francisco: Bitcoin has witnessed an extraordinary surge in transaction volume...

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