Tax issues Levy of goods & services tax on MDR can be taken up by GST Council, ITC may be used by merchants.

India's Finance Ministry rejects claims of US influence on UPI payment charges. The new framework prioritizes RuPay credit cards for UPI tr...

The Finance Ministry anticipates no rise in cash transactions following the UPI MDR implementation. Only a small percentage of total UPI vo...

Officials clarified that there is no separate GST levied on MDR charges. While GST will apply to MDR on UPI transactions, businesses will b...

Congress denies supporting a parliamentary committee's report on UPI payment fees. The party accuses the government of diversion after a si...

Happy Thursday! The return of MDR is set to change UPI's market share game. This and more in today's ETtech Morning Dispatch.

The implementation of a new 0.02% merchant discount rate will influence certain UPI transactions, including one-time contributions to mutua...

A 40-basis-point MDR on UPI transactions could create a large revenue pool. Issuing banks and UPI apps will receive substantial portions of...

UPI payments to merchants above two thousand rupees will attract a zero point four percent merchant discount rate. Merchants will pay eight...

CCPA fined a restaurant in Connaught Place Rs 10,000 for automatically adding an Rs 80 service charge to a customer's food bill and applyin...

Coforge’s boardroom brouhaha has taken a new turn days after chairman Om Prakash Bhatt’s resignation. This and more in today’s ETtech Top 5.

App-based mobility firms want GST exemption on their platforms. They argue the five percent tax applies unfairly to technology connectors. ...

Dilip Buildcon shares rallied after the company received an LOI from PNGRB to develop an LPG pipeline from Paradip to Raipur. The project g...

Indian equity markets experienced a decline on Wednesday, extending their recent corrective phase. Several companies, including Reliance In...

Garg, who has been at the centre of the recent controversy over the government's GDP growth estimates, had questioned the Centre's claim of...

The CBIC stated that comparing GST revenue figures using different tax bases is misleading. Growth calculations must be made on a like-for-...

Canara Bank has revised certain automated teller machine (ATM) transaction charges with effect from September 1, 2026.Check latest ree ATM ...