Remove tag india
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Paytm To Sell, Recharge eToll Payment Tags In India 

PYMNTS

Our efforts are well-aligned with the government’s mission to ensure vehicles are equipped with toll tags,” said Satish Kumar Gupta, managing director of Paytm Payments Bank, in a statement. FASTags are prepaid rechargeable tags for toll collection that allow automatic payment deduction from a transponder affixed on a vehicle’s windshield.

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Compliance reduction & decriminalization of legal provisions will foster ease of doing business

CFO News

With compliances and penalties being eased, it will not only further enhance India’s rank but will get India a tag of being a preferred destination for foreign capital. In addition, this will reduce the burden on the already burdened judicial system to hear and award criminal punishments.

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India's no longer 'fragile', can weather global market volatility

CFO News

In the face of global financial market turbulence, India's rupee appears more resilient due to a narrowed current account deficit (CAD) and bolstered forex reserves. Increased exports post-pandemic buffered the CAD, keeping it manageable at 2% in FY23 despite soaring commodity prices.

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Over 12k fake entities in GST; CBIC plans biometric authentication, tighter return filing

CFO News

The Central Board of Indirect Taxes and Customs (CBIC) in India is planning to introduce biometric authentication and geo-tagging in an effort to crack down on GST fraud. The biometric authentication will be used to verify the identities of individuals connected to businesses that are suspected of fraudulent activity.

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Honda to focus on premium products to grow India business

CFO News

The company, which on Thursday introduced an updated version of its mid-size sedan -- City, plans to focus on products which are over Rs 10 lakh price tag powered by petrol and hybrid powertrains. The company, which is present in India through a wholly-owned subsidiary, plans to do away with diesel models in the country.

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Bajaj Hindusthan sugar proposes second restructuring plan

CFO News

The company owes a group of 10 lenders led by State Bank of India (SBI) a total of ₹4,900 crore. Delays in payments had meant the account was tagged as NPA in the fourth quarter of last fiscal. However, the company cleared its outstanding dues in the last three months and has proposed a fresh payment schedule to banks.

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Reliance Says It Will Roll Out 5G In Late 2021

PYMNTS

Reliance Jio Infocomm will debut 5G high-speed internet in India starting in the second half of 2021, a report from LiveMint.com says, quoting Chairman Mukesh Ambani. Ambani, speaking at the fourth edition of the India Mobile Congress, said the solution for fifth-generation wireless service would be built indigenously.