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In an increasingly globalised world, the power of a passport significantly influences a person’s mobility, opportunities, and overall ease of travel. A passport’s strength is determined by the number of countries its holder can visit without requiring a visa or by obtaining a visa on arrival. This power is not
What Is Merchant Onboarding? Merchant onboarding involves integrating new merchants or sellers onto a platform, such as an online marketplace, e-commerce site, or payment gateway. This process includes registering the merchants, verifying their information, and approving their accounts so they can begin selling their products or services on the platform.
The Union Budget 2024, presented by Finance Minister Nirmala Sitharaman, has ushered in a range of financial reforms, tax adjustments, and sector-specific allocations aimed at bolstering economic growth and catering to the diverse needs of the Indian population. This is the first budget of the newly re-elected Modi Government and
What Is Know Your Vendor (KYV)? In today’s global marketplace, businesses rely heavily on various vendors to provide essential goods and services. This reliance makes it crucial for companies to implement robust Know Your Vendor (KYV) practices. Know Your Vendor is a comprehensive process employed by businesses to thoroughly understand,
Introduction With the rise of the gig economy, more companies are hiring temporary workers. However, the risks of hiring non-permanent employees are often overlooked due to a common misconception: these employees will only be around for a short time to cause real damage. This mindset can be dangerous, as it
India’s Digital Personal Data Protection (DPDP) Act has posed a significant challenge for tech companies, especially concerning the age verification of users under 18 and obtaining parental consent. The Ministry of Electronics and Information Technology (MeitY) has been engaging with industry stakeholders to find viable solutions, yet a universally accepted
The Digital Personal Data Protection (DPDP) Act 2023 represents a significant advancement in India’s approach to data privacy and protection. With the rapid digitalisation of various sectors, there has been an exponential increase in the collection, processing, and storage of personal data. This surge has brought about critical concerns regarding data
What Is Form 26AS? Form 26AS is an annual tax statement issued under Section 203AA of the Income Tax Act, 1961. It contains details of tax deducted at source (TDS), tax collected at source (TCS), advance tax paid by the taxpayer, self-assessment tax, regular assessment tax, and details of refunds
What Is Form 16A? Form 16A is a crucial document in the Indian taxation system, serving as a TDS (Tax Deducted at Source) certificate. It is issued by entities that deduct TDS on payments made to others, such as freelancers, contractors, or other entities. The primary purpose of Form 16A
In a shocking revelation, an Indian student, 19-year-old Aryan Anand, who had been studying in the United States was deported after it was discovered that he had built his academic journey on a series of fraudulent activities. Anand’s elaborate scam fell apart after he boasted about it in an anonymous
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The most noteworthy aspects of our collaboration has been the ability to seamlessly onboard partners from all corners of India, for which our TAT has been reduced from multiple weeks to a few hours now.
