Tax payment articles
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New Fiscal Changes: Special Tax Payment for Expensive Properties Extended
Individuals owning real estate in Romania valued at over 2.5 million lei, subject to a special tax implemented last year, will have an extended deadline until September 30 to declare this tax to local authorities, compared to the current April 30 deadline stipulated by law. Notifications regarding this tax will be sent by local tax […]
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RBI digital payments: Track fishy transactions, RBI tells payment firms
The Reserve Bank of India has directed all regulated payment companies to track high-value or suspicious transactions during the course of general elections, according to multiple senior executives in the know.In a letter dated April 15, the RBI asked payment system operators (PSOs) to prevent any potential misuse of electronic fund transfer mechanisms to influence voters or indirectly fund poll candidates.ET has seen a copy of the letter.“The regulator wants payment companies to track...
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RBI Extends Payment Aggregator Rules to Include Physical Point of Sale Payment Providers
bank-owned P-PA services do not require any authorization, but will also have to ensure compliance with other requirements for P-PAs.