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The Goods and Services Tax (GST) is an important parameter of India’s economic health, and the GST collection for August 2024 has once again highlighted the strength of the Indian economy. With the total GST collection for August 2024 reaching ₹1,74,962 crore, this marks a significant 10% year-on-year growth compared
In a first-of-its-kind decision, the Union Public Service Commission (UPSC) has been authorised by the central government to implement Aadhaar-based authentication for verifying candidates’ identities voluntarily during various stages of its examination and recruitment processes. This move comes after the controversy surrounding Puja Khedkar, a probationary IAS officer from the
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
The Unified Payments Interface (UPI), a revolutionary digital payments system launched by the National Payments Corporation of India (NPCI), has made significant strides since its inception. Known for its seamless, real-time payment capabilities, UPI has now embarked on an ambitious global expansion. By venturing into international markets, UPI aims to
Here we are again with another month of exciting advancements. We’re constantly pushing the boundaries of identity verification and risk management technology, and we’re thrilled to share the latest updates designed to empower your business. In this blog, we’ll delve into the details of our new features, functionality enhancements, and
The 53rd GST Council meeting took place on June 22, 2024, in New Delhi. This was the first GST Council meeting after the 2024 Lok Sabha election results, with the 52nd GST Council meeting being held on October 7, 2023. This meeting reflected the Council’s commitment to addressing pressing issues within
Unveiling This Month’s Exciting AuthBridge Product Updates Welcome back, innovators! Whether you’re a seasoned AuthBridge user or just discovering our suite of powerful solutions, buckle up for another month of exciting advancements. We’re constantly pushing the boundaries of identity verification and risk management technology, and we’re thrilled to share the
In a significant move to promote regional financial integration and digital payments adoption, India launched its Unified Payments Interface (UPI) and RuPay card services in both Sri Lanka and Mauritius on February 12th, 2024. This expansion marks a key milestone in India’s efforts to position its homegrown payment platforms as
For millions of Indians, the familiar chime of an incoming message and the sight of a six-digit code have become synonymous with security in the digital age. One-time passwords (OTPs), delivered conveniently via SMS, have served as the gatekeepers of our online transactions, guarding access to bank accounts, e-wallets, and
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