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PARLIAMENT STANDING COMMITTEE ON FINANCE
Attempt to divert attention from backlash over UPI tax: Congress on govt's Parl panel claimsCongress denies supporting a parliamentary committee's report on UPI payment fees. The party accuses the government of diversion after a si...- UPI fee issue raised at finance panel meet; crypto report in final stageA parliamentary committee convened to evaluate the fees associated with UPI transactions and explore revenue strategies. Opposition members...
- 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...
- In a historic first, Canada invited to become EU bloc’s associate memberCanada could become the EU’s first “associate member” under a proposal from European Commission President Ursula von der Leyen. The plan wo...
- UPI fee: Why govt is putting a price on big merchant paymentsThe National Payments Corporation of India, which operates the UPI network, said the revenue will support investment in infrastructure resi...
- Supreme Court refuses to reconstitute panel probing police excesses against student protestersThe Supreme Court declined to alter the high-powered committee examining police actions. Objections against committee members were deemed b...
- House panel votes unanimously to hold billionaire Leon Black in contempt over Epstein probeThe House Oversight Committee unanimously recommended holding billionaire Leon Black in contempt. He refused to comply with subpoenas seeki...
- UK climate advisers say Heathrow Airport expansion incompatible with climate goalsUK climate advisors state Heathrow Airport expansion conflicts with national climate targets. The aviation sector must achieve net zero emi...
- NPCI announces MDR for UPI; merchant transactions above Rs 2,000 to attract 0.4% chargeWhile NPCI has not specified a threshold based on the size of a merchant’s turnover, it said in its announcement that vendors operating und...
- US Treasury secretary Scott Bessent says rising bond yields due to 'global issues'US Treasury Secretary Scott Bessent emphasized global challenges as the backdrop for increasing bond yields during his comments to reporter...
- UPI MDR rates likely within a week, October rollout in sightThis comes after a Monday notificationfrom the Department of Financial Services that narrowed the zero-charge mandate for UPI. The earlier ...
- Stage being set for levying UPI transaction fee: Cong slams govtCongress criticizes the government's UPI transaction notification. The party claims this move sets a stage for future user fees. This notif...
- Merchant fee on UPI rolling out as transaction floor set at Rs 2,000India has exempted transactions up to ₹2,000 via UPI and RuPay debit cards from charges. This move allows for the reintroduction of merchan...
- Left parties continue to stay away from TVK front, pick solo fight route for Tamil Nadu bypollsThe CPI and CPI(M) will contest upcoming Tamil Nadu bypolls separately. CPI will fight from Dharapuram while CPI(M) contests Maduranthakam....
- BRICS leaders recognise women as decision makers, growth driversAt the recent BRICS summit, leaders universally acknowledged the transformative power women wield in economics and social dynamics. They st...
- China-Southern Airlines announces resumption of Guangzhou-New Delhi flights ahead of President Xi's Delhi visitThis marks the relaunch of China Southern's India service after a six-year suspension. Following the restart, the airline will run over 100...
- High Court seeks Delhi govt, Centre's stand on plea to constitute Delhi Waqf BoardThe Delhi High Court has asked the Centre and city administration for their response. A petition seeks the constitution of the Delhi Waqf B...
- SC: Won't agree to any changes in reconstitution of high-powered committee in NEET protests caseThe Supreme Court rejected requests to change its five-member committee. This committee will examine police actions against student protest...
- Direct Tax Reforms: Parliamentary panel to meet tomorrow to discuss simplifying taxesA parliamentary committee will meet on September 3 to discuss direct tax reforms. The meeting will focus on simplification, rationalization...
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