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Petrol pump UPI payments above Rs 2,000 to stop from October 16 in Madhya Pradesh: Dealers cite 0.4% MDR charge; debit and credit cards to remain availablePetrol pump UPI payments: Petrol pump dealers in Madhya Pradesh will stop accepting UPI payments above Rs 2,000 from October 16, citing a p...- Ashwini Vaishnaw on India’s chip push; Emergent's new AI betHappy Monday! The next set of investments under India’s semiconductor scheme are expected to begin in the next six months, IT minister Ashw...
- UPI’s new MDR pot: 5% of collections to be used for bringing small merchants onlineNPCI will introduce a dedicated fund from MDR proceeds for small merchants. This fund aims to expand digital payment infrastructure in smal...
- 'Everything on record': Parliamentary Finance panel chief defends unanimous Standing Committee report amid UPI MDR rowBhartruhari Mahtab defended the finance committee's report on Demands for Grants. Congress MP Manish Tewari rejected claims of opposition s...
- 8 changes in income tax audit forms for AY 2026-2027; what taxpayers need to knowFor the assessment year 2026-2027, the deadline for income tax audits is set for September 30, 2026. Businesses utilizing presumptive taxat...
- Splitting UPI payment to sidestep MDR? No daily cap for nowUnder the framework effective October 15, regular merchant payments above Rs 2,000 will attract a 0.4% merchant discount rate (MDR), capped...
- Bulk sugar users get 30-day stock limit extension for imported sugarThe Department of Food and Public Distribution has relaxed stock limits for bulk sugar users. This change applies to companies consuming ov...
- Tax Audit Report deadline: Who needs to upload it by September 30, 2026The deadline for uploading tax audit reports is set for September 30, 2026, specifically targeting certain taxpayers. Chartered accountants...
- SNAP benefits changing October 1, 2026: New eligibility limits, deductions, monthly payments and asset rulesStarting October 1, 2026, SNAP benefits and income limits are poised for a substantial increase. Eligible households can expect a notable r...
- Rural Development Minister Shivraj Singh Chouhan orders random inspections of works under VB-G RAM G schemeRural Development Minister Shivraj Singh Chouhan mandated random inspections for the VB-G RAM G scheme. He stressed that fraud and irregula...
- Zero MDR charge: 7 UPI transactions where you don't need to pay any feeStarting from October 2026, a new Merchant Discount Rate framework will be introduced for specific UPI transactions. This framework is desi...
- Will your in-hand salary decrease after wage ceiling hike? Know why employers can't recover higher EPF contribution from these employeesThe EPF wage ceiling limit has been increased to Rs 25,000 with effect from September 17, 2026. However, this does not mean that every empl...
- ITR filed under old tax regime by mistake, income tax paid under new regime: How a lady won case in ITAT DelhiFiled ITR under the old tax regime but paid income tax under the new tax regime; ladywins case in ITAT Delhi after proving her accountant m...
- UPI fee rollback ruled out: 0.4% MDR stays on big paymentsThe government will levy a 0.4% fee on UPI merchant payments exceeding two thousand rupees. This new charge will take effect from October f...
- No question of rollback of 0.4% MDR charges on UPI transactions over Rs 2,000: Top govt officialA top official, when asked whether the government was considering to roll back the proposed Merchant Discount Rate charges on UPI transacti...
- These 6 banking stocks have an upside potential of up to 26% in 1 year, according to analystsThe way things are panning out in the Gulf region, in Wall Street, and in the Bay Area in northern California, the chances of greater volat...
- CBIC to step up outreach as EMI scheme struggles to attract manufacturersThe CBIC will conduct outreach programs to encourage EMI scheme adoption. Data and documentation requirements for the scheme have been subs...
- Paytm will stay profitable even without MDR, government support: Vijay Shekhar SharmaHis comments come as the government moves towards allowing charges on a limited set of UPI transactions. On Monday, the government notified...
- Banks cannot impose charges on UPI payments of up to Rs 2,000, govt saysThe government has announced no charges on UPI transactions up to Rs 2,000. RuPay debit card payments below this amount will also remain fr...
- India Inc's apprenticeship participation remains limited to 30%Only thirty percent of registered establishments actively provide apprenticeship training. Administrative issues and stipend payment delays...
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