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Man loses ₹2 lakh to online fraud, 3 booked in Ludhiana
The accused have been identified as Sarita Rajesh, Nishant Kumar of Uttarakhand and Pawan Mongia of Madhya Pradesh

RBI issues new circular on debit and credit cards. Will it benefit customers?
The central bank added that the option may be exercised by customers either at the time of issue or at any subsequent time.

Govt clarifies payments abroad for up to ₹7 lakh will not be taxed
20% TCS rule update: No tax for international transactions up to ₹7 lakh through debit cards or credit cards

Experts criticise decision to tax credit card usage in foreign countries
Experts said the government’s decision imposes 20% TCS on almost all transactions and would discourage people from using online payments.

Kalka resident falls prey to credit card activation fraud, loses ₹2 lakh
On April 7, at about 7 pm, he got a call from an unidentified person who claimed to be a bank employee and asked him as to why he has not activated his credit card. Jain told him that he already has a credit card and does not want a new one. The caller then told him that he will help close the credit.
