The robustness and functionality of the online store are what makes it a success or not. Learn how you can transform your awesome idea into an actual online store.
Angel tax is charged at the maximum marginal rate of 30%. This affects the investor as well as the receiver as they are losing almost one-third of the investment in taxes.
UPI is a payment system that allows you to transfer money between any two parties. As compared to NEFT, RTGS and IMPS, UPI is far more well-defined and standardized across banks.
Razorpay Subscriptions is the ideal solution for SaaS businesses in India as it helps you set up a recurring payment plan with total ease.
A payment compliance is a protocol that all companies must stick to while developing new payment portals.
Both RTGS and NEFT have their strengths. Let’s understand these strengths and decide which mode to use and most importantly, when.
Currently, there are over 150,000 IFSC Codes operating in India, with more than 1,400 banks all over the country.
RTGS is one of the most reliable fund transfer methods available today, with most people choosing it for its real-time fund transfers.
RTGS is a convenient transaction mode that is ideal for high-value transactions. Individuals can use this form of payment for large investments & payments.
RBI has set up 21 ombudsman offices to facilitate the settlement of complaints regarding digital transactions.