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NPCI identifies new type of digital banking frauds
The entire ecosystem including Banks & Fintech companies have to work collectively towards creating awareness and educating customers to refrain from sharing their account/card credentials, OTP/PIN and/or giving access to their mobile handsets to unscrupulous persons through such remote screen access apps.
Breather for startups: Govt raises investment cap for angel tax concession
“An entity shall be considered as startup if its turnover for any of the financial year, since its incorporation or registration, has not exceeded Rs 100 crore instead of the existing Rs 25 crore,” the official said.Besides, investments by listed companies with a net worth of Rs 100 crore or turnover of Rs 250 crore into an eligible startup shall be exempt from the section 56 (2) (viib) of the Income Tax Act, beyond the Rs 25 crore limit.
Single emergency helpline number ‘112’ aunched in 16 states, UTs
SBI Gen ties up with Policybazaar for selling travel insurance policies
The travel plan available on Policybazaar portal is designed to cater to a wide segment of consumers across all age groups, for travel duration up to 180 days.Drawing on the SBIG Insurances experience and robust network globally, the travel plan will offer a dedicated 24*7 helpdesk and toll-free numbers for availing assistance in US and Canada
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