URL copied to clipboard

Trending News

Paytm Faces Rs 47 Lakh Fine For Unpaid Stamp Duties

One97 Communications, Paytm's parent firm was fined ₹47.1 lakh for unpaid stamp duties on share allotments, amid other regulatory and compliance challenges, including KYC issues.

One97 Communications Ltd, parent firm of Paytm was fined ₹47.1 lakh for not paying stamp duty on share allotments from previous years, impacting its finances minimally.

Trade Intraday, Equity and Commodity in Alice Blue and Save 33.3% Brokerage.

Paytm’s stock saw a rise of 3.7% in early trading, although it slightly declined to a 3.3% increase by mid-morning.

Earlier in the year, Paytm Payments Bank faced RBI action for KYC non-compliance, leading to a ban on new deposits and significant management changes, including the exit of COO Bhavesh Gupta.

Also Read: Stock Market Holiday Alert: NSE and BSE Trading Pause for Independence Day 2024

Paytm recently introduced the ‘Paytm NFC Card Soundbox’, a device facilitating both NFC and QR payment processing for offline merchants, enhancing payment versatility.

Amid ongoing regulatory challenges, Paytm faces repeated fines for failing to meet stamp duty payments linked to ESOPs, highlighting ongoing compliance issues within the company.

Loading
Read More News

Onyx Biotec IPO पहले दिन 2.80 गुना सब्सक्रिप्शन के साथ शानदार शुरुआत – अधिक जानकारी के लिए पढ़ें!

Onyx Biotec IPO को पहले दिन 2.80 गुना सब्सक्रिप्शन मिला, जो निवेशकों के मजबूत विश्वास और सार्वजनिक पेशकश के शुरुआती