Nodal offices of Authorised Dealers need to submit FETERS-Cards details on RBI’s web-portal: RBI

The RBI has decided to collect more details of international transactions using credit card / debit card / unified payment interface (UPI) along with their economic classification (merchant category code – MCC) through a new return called ‘FETERS-Cards’, using the web-portal (https://bop.rbi.org.in). As a result, Nodal offices of Authorised Dealers (ADs) may submit FETERS-Cards details on the web-portal.The RBI has decided to collect more details of international transactions using credit card / debit card / unified payment interface (UPI) along with their economic classification (merchant category code – MCC) through a new return called ‘FETERS-Cards’, using the web-portal (https://bop.rbi.org.in). As a result, Nodal offices of Authorised Dealers (ADs) may submit FETERS-Cards details on the web-portal.taxmann.com Latest Statutory HappeningsRead More

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