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'Dubious claims': Congress' Jairam Ramesh hits back at Nirmala Sitharaman on taxation billJairam Ramesh countered Nirmala Sitharaman's claims regarding a new taxation bill. He stated government assurances do not replace statutory...- UPI MDR explained: What potential charges above Rs 2,000 payments on Paytm, GPay & other apps mean for you and merchantsGovernment proposes changes to the Payment and Settlement Systems Act. This could allow a Merchant Discount Rate on select UPI transactions...
- Do you really need Rs 2.5 lakh/month to live in Sweden? From rent, groceries to lifestyle expenses, here's what you need to know before movingThere is no easy or one word answer to this question. The expenses anywhere would depend majorly on the city an individual is living in and...
- India on track to exceed key fundraising goal on state-firm stake salesIndia is poised to achieve its divestment aspirations this fiscal year, with enhanced momentum in stake sales and asset monetisation. Altho...
- Lok Sabha passes Bill enabling Centre to allow UPI charges, MDR on digital paymentsThe Lok Sabha approved amendments to the Payment and Settlement Systems Act. This change empowers the government to permit charges on digit...
- 'Is PM seeking to dilute UPI, open digital payments sector to US businesses': CongressCongress criticizes a new government bill concerning digital payments. The party alleges the bill could weaken UPI and favor American compa...
- Can you get income tax notice for making digital payments through UPI, NEFT, RTGS, and IMPS? Know when it can be triggeredDigital transactions like UPI and NEFT can trigger income tax notices. These notices arise when transactions do not match your declared inc...
- Taxation laws (Amendment) Bill to attract more foreign capital, provide policy certainty introduced in LSA groundbreaking bill has been introduced to boost foreign investment while fostering local manufacturing in India. By simplifying regulati...
- Jefferies sees Paytm, Pine Labs gaining from proposal to levy MDR on UPI transactionsIndia's payments law may soon allow merchant discount rates on specific UPI transactions. This change could create significant revenue for ...
- Payments bill revives hopes of MDR return on large-ticket UPI transactionsET was the first to report on July 16 that the government is considering reintroducing MDR for UPI transactions undertaken by large merchan...
- Payment Bill rekindles MDR hopes for large-value UPIProposed amendments to the Payment and Settlement Systems Act may bring back merchant discount rates. This move could help banks and fintec...
- Govt to move amendments to IT Act to pave way for levy of MDRET was the first to report on July 16 that the government could reintroduce MDR on UPI transactions for large merchants. This has been an i...
- Paytm App and Paytm UPI payments working normallyPaytm confirms its app and UPI services are operating without any issues. The company reported its highest quarterly EBITDA in Q1 FY27. Ope...
- UPI hits record Rs 29.9 lakh crore in July, 23.66 billion transactionsUPI transactions reached a new high of Rs 29.9 lakh crore in July. The volume of these transactions also saw a significant increase during ...
- Maldives launches Favara-UPI payment service with IndiaMaldives has launched real-time fund transfers to India using UPI. This integration connects Maldives' Favara system with India's popular p...
- Pine Labs signs six lenders for AI underwriting tool; to launch expense cardsPine Labs is launching an AI underwriting tool and new employee benefit cards. The company is expanding its services beyond payment process...
- Pine Labs Q1 profit rises fourfold to Rs 20 crore; retains FY27 growth guidanceRevenue from operations rose 20% to Rs 736.9 crore from Rs 615.9 crore. The growth was led by its issuing and acquiring platform, which exp...
- ETtech Explainer: Why PhonePe’s UPI lead lags Paytm’s profitsPhonePe's revenue grew while its net loss widened significantly in FY26. Paytm's revenue increased and it achieved profitability against a ...
- Can you get income tax notice for UPI, NEFT, RTGS or IMPS transactions? CA explains when your transactions may come under scrutiny
- Paytm attracts more Gen Z users as its UPI payments growth outpaces industryPaytm's app enhancements and AI features are attracting new Gen Z customers. The company's UPI payments business grew over double the indus...
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