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Insights and updates on global payments and international banking.
What is a Payment Gateway? A Beginner’s Guide to Online Payments
With everything going digital, every business that wants to accept online payments should learn about payment gateway technology. As online shopping rapidly gains popularity in countries like India, payment gateways are playing a crucial role in ensuring transactions are both safe and easy to complete. At Eximpe, we believe it’s essential to make the online payment gateway clear, as this is the first step in building trust that helps a business grow. What is a Payment Gateway? A payment gatew
How to Open an International Trading Account from India: Step-by-Step Guide
Many Indian exporters and importers are now interested in simpler cross-border payments and finding ways to earn more sources of revenue. To engage in international business, you should open a trading account first. EximPe has prepared this straightforward guide explaining how to open an international trading account in India in 2025. What is an International Trading Account? With an international trading account, businesses in India can pay and receive settlements in various currencies, reac
What is TDS in Income Tax? A Comprehensive Guide by EximPe
Tax compliance is an issue that is critical for both businesses and individuals to understand. The most popular tool in the Indian Revenue system is TDS. In this article, we'll explain the meaning of TDS in income tax, the importance of TDS and how it affects your money in 2025. What is TDS in Income Tax? The full form of TDS in income tax is "Tax Deducted at Source". It is a way in which the tax is deducted directly when making payments. The payer who pays the money deducts the tax at a cert
Nostro and Vostro Accounts Explained: Key Differences and Functions
In international banking, two terms frequently appear—Nostro Account and Vostro Account. These accounts play a critical role in facilitating global trade, foreign exchange transactions, and cross-border banking. While both accounts are linked to international financial transactions, they serve different functions and perspectives. This guide explains their meaning, features, differences, and real-world use cases in simple terms. What is a Nostro Account? A Nostro account is an account that a
Income Tax Calculation for Salaried Employees: Explained with Examples
Filing income tax may seem overwhelming, especially when it comes to calculating how much you owe. But with a clear understanding of the process and current tax slabs, you can easily figure it out. This guide is designed to help salaried individuals understand how to calculate income tax on their salary—with real-life examples, for both the old and new tax regimes. Understanding the Basics of Income Tax Income Tax is the tax you pay on your income to the Government of India. As a salaried emp
India Imposes 12% Safeguard Duty on Steel Imports: What It Means for the Steel Industry
There is a paradigm shift in the steel sector in India after the government announced a 12% safeguard import duty on selected flat steel products out of alloy and non-alloy categories for 200 days. The April 2025 announcement of the move is aimed at protecting domestic manufacturers from a flood of low-cost steel imports, chiefly from China and Vietnam. It will help restore competition in the market. Why the Import Duty on Steel Was Imposed India has finally become a net steel importer in the
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