RBI advises NPCI to examine request of One97 Communication Ltd to become a Third-Party Application Provider
RBI lays down additional steps to be followed by Paytm Payments Bank Ltd.
UPI
‘Google Pay is a mere third-party app provider, no authorization required from RBI’; Delhi HC dismisses PIL to cease Google Pay’s operations
“A third-party app such as Google Pay obtains approval from National Payments Corporation of India (‘NPCI’) for operating on the UPI platform and RBI has issued the Certificate of Authorisation to the NPCI to operate various retail payment systems in India including UPI.”
CCI holds Google to be dominant in the relevant markets for licensable OS for smart mobile devices and app store for Android OS; Imposes penalty of Rs. 936.44 crore
Competition Commission of India: While deciding upon the complaint filed against Google alleging contravention of the provisions of the Competition
Madras High Court temporarily restrains ‘Mobile Pe’ from offering UPI and BHIM services following ‘PhonePe’s’ Trade mark infringement suit
Madras High Court: In a Trade mark dispute between digital payments applications “Phone Pe” and “Mobile Pe”, M. Sundar, J has temporarily
CCI | Pre-installation & Prominence of Google Pay on Android Smartphones: Detailed Investigation against Google for alleged contravention of S. 4 of Competition Act
Competition Commission of India (CCI): The Coram of Ashok Kumar Gupta (Chairperson) and Sangeeta Verma and Bhagwant Singh Bishnoi (Members), prima facie opined
Income-tax (16th Amendment) Rules, 2019; CBDT notifies modes of payment for S. 269SU of IT Act, 1961
G.S.R. 960(E).—In exercise of the powers conferred by Section 269SU read with Section 295 of the Income-tax Act, 1961 (43 of 1961),