UPI MDR decision completely professional, no external pressure: FM SitharamanTalking to PTI, Sitharaman said the decision was completely professional, and it was taken jointly by the National Payments Corporation of ...
FM Nirmala Sitharaman rejects UPI MDR 'misconception,' says charge won't be passed to consumersFinance Minister Nirmala Sitharaman confirmed that the Merchant Discount Rate on UPI payments above Rs 2,000 will not be passed to consumer...
Ministry of Finnace to engage with banks and traders to allay Merchant Discount Rate concernsIn an effort to shield consumers from additional Merchant Discount Rate (MDR) charges, the finance ministry is set to consult with the Indi...
How employees contributing to EPF on actual wage basis can be impacted due to hike in EPF wage ceiling limitAs of September 17, 2026, the EPF wage ceiling is set to increase from Rs 15,000 to Rs 25,000. This adjustment does not affect employees wh...
Entry-level hatchbacks regain ground after GST cuts, but SUVs continue to dominateTax cuts on small cars have increased their market share, rising from 2.3% to 3.3% recently. Sport utility vehicles have continued to gain ...
FM Nirmala Sitharaman clarifies UPI MDR charges won't affect consumers, hits out at opposition over misinformationFinance Minister Nirmala Sitharaman stated Merchant Discount Rate charges will not be passed to consumers. She clarified these charges are ...
India considers cutting vegetable oil import taxes as prices climbIndia is considering lowering import taxes on vegetable oils. This move aims to curb rising food inflation ahead of festival season. Lower ...
Should I take education loan or break my investments to pay Rs 21 lakh for my son’s MBBS degree?ET Wealth Reader's Query: I am 48, planning to fund my son’s MBBS degree at a private medical college. The fee is about Rs 21 lakh a year f...
Mumbai sees redevelopment boom as 1,000-plus projects reshape housing marketMumbai’s redevelopment market has become a major driver of housing, with 1,000+ projects launched since 2020. Redevelopment accounted for 1...
Taxable income below Rs 12 lakh: Will you pay zero income tax if this income includes LTCG and STCG for Tax Year 2026-27?Indian residents and HUFs can use the basic exemption limit to lower capital gains tax. This provision under the Income Tax Act, 2025, rema...
Mansukh Mandaviya calls for greater global labour mobility to boost India growthLabour Minister Mansukh Mandaviya called for discussions on international labour mobility. This is significant for India's economic growth ...
Selling gold after price rise: Have you factored in capital gains tax you will have to pay? Know how you will be taxed on selling Rs 10 lakh worth of goldWhen selling old gold jewellery, be aware that it comes with capital gains tax and Goods and Services Tax implications. Long-term capital g...
Karnataka HC quashes 2% cinema cess order, says law not yet in forceThe Karnataka High Court has recently invalidated the 2% cess on cinema tickets instated by the state government, which was still pending e...
Subhash Chandra Garg cherry-picking figures from two different bases: CBICGarg, who has been at the centre of the recent controversy over the government's GDP growth estimates, had questioned the Centre's claim of...
GST growth comparisons can’t be 'apples and oranges' says CBIC; hits back at 'misleading' claimsThe CBIC stated that comparing GST revenue figures using different tax bases is misleading. Growth calculations must be made on a like-for-...
Karnataka: HC seeks Govt response on 2% cinema cess on petitions from multiplexesThe Karnataka High Court has sought the state government's response to a petition. This petition challenges the levy of a two percent cess ...
Assam cabinet approves Green Cess policy, free bicycles for Class IX studentsAssam's cabinet approved a Green Cess Policy for sustainable development and resource regulation. The state will also conduct Khel Maharan ...