Payment  

From scanning products at the grocery store to making mobile payments, you come across certain codes to complete various tasks. Today, let's learn about the major differences between QR codes and barcodes in this article.  

Gratuity, Payment of Gratuity Act 1972, eligibility criteria, service tenure, calculation method, employer obligations, employee benefits, statutory provisions, exceptions, financial acknowledgement, organizational compliance

The National Payments Corporation of India has granted the Third-party application provider app to Paytm. All the @paytm handles will be acquired by Yes Banks instead of Paytm Payments Bank (PPBL). 

In Chandigarh, the Ministry of Road Transport and Highways (MoRTH) launched a trial program to treat victims of auto accidents without taking any payment.

Elon Musk is getting sued by former executives of Twitter, including former CEO Parag Agrawal. The lawsuit claims Elon fired them just after getting ownership of the company and hasn't paid their one-year salary and severance pay. X is under a lot of fire due to many lawsuits from former employees, PR firms, vendors, landlords and others over payment disputes. 

Flipkart has developed its own payment interface for both online and offline payments made through the company's app and outside of it. With Flipkart UPI, users may pay bills, local vendors, friends, and family, and make online payments. 
 

Flipkart and Axis Bank are collaborating to launch a new Flipkart UPI platform. The platform will encourage users to pay within and outside the Flipkart app. It is a significant move and adds Flipkart to the growing list of e-commerce companies launching their own e-pay apps. 

Paytm announced on Friday that its payments bank business has accepted the termination of a number of inter-company agreements. Paytm arranges agreements and implements policies for users and retailers.

India is leading the world when it comes to secure e-pay. According to Mastercard, India has the safest online transactions due to the tokenisation which replaces the card details with unique tokens. People are still susceptible to scams and frauds but tokenisation is the right step towards the digitally secure India. 

Pradhan Mantri Kisan Samman Nidhi scheme is a government initiative where the Central Government provides financial assistance of Rs 6,000 annually to farmers across the country.

HDFC Life, a renowned insurance company, unveiled the HDFC Life Health Insurance Plan on Tuesday. This health insurance specifically caters to Indian students who are pursuing studies overseas.

Reserve Bank of India has directed Paytm Payments Bank Ltd (PPBL) to stop accepting new deposits into its accounts or digital wallets from 29 February 2024. The RBI issued this directive on 31 January 2024. Additionally, existing Paytm Payments Bank customers will also be unable to add new funds to their accounts after 29 February.

The RBI recently issued an order on 31 January 2024 that prohibits the addition of new customers to Paytm Bank effective immediately. Additionally, existing Paytm Payments Bank customers will also be unable to add new funds to their accounts after 29 February.

Elon Musk shared on X that Neuralink has achieved success in testing the implantation of a chip into the human brain. This development represents a significant milestone in the field of medical technology.

In today's uncertain world, the importance of insurance cannot be avoided, especially in our country, where healthcare expenses are skyrocketing.