PIL Seeking ‘Authoritative Interpretation’ of Section 66 PMLA Refused by Delhi High Court || All. HC: Can’t Declare Transaction Benami on Contractor’s Statement Without Relevant Material || Del. HC: Denying ITC to Taxpayers One of the Outcomes of GST Registration Cancell. with Retrospect || Cal HC: Penalty Amount on Higher Value than Invoice Value Can’t be Computed by GST Dep. w/o Evidence || All. HC: Candidates with Criminal Background Will Pose Severe Threat to Democracy if Elected || All. HC: It’s an Obligation of Bank Officials to Fully Co-operate in Criminal Investigations || SC: Prima Facie Case Made Out from Allegations in Complaint Sufficient to Summon Accused || Supreme Court Explains: Debt Becoming Financial & Operational Debt || P&H HC: Model Code of Conduct Can’t Stand in Way of Execution of Judicial Order || Chh. HC: Can’t Build Matrimonial Home With Bricks & Stones, Love & Respect Between Spouses Required

RBI seeks feedback on concept paper on Card Acceptance Infrastructure- (Reserve Bank of India) (08 Mar 2016)

MANU/RPRL/0080/2016

Banking

The Reserve Bank of India is inviting comments on its Concept Paper on Card Acceptance Infrastructure till 15 April 2016. The Paper proposes structured policy intervention to promote electronic payments by individual and institutional users, filling in the gap left by market forces. Accepting the growth of “less-cash” electronic payments over the years, the Bank proffers a multi-pronged strategy to address acceptance of card payments, safety and security and rationalisation of merchant fees for card transactions.

Tags : ELECTRONIC PAYMENTS CARDS CASHLESS INFRASTRUCTURE

Share :