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UPI TAX CONTROVERSY
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...- Independence Day 2025: Tryst with growth — India’s economic journey from Nehru to nowIndia's economic journey since 1947 is a story of transformation. It began with Nehru's socialist vision. Reforms in 1991 led to rapid grow...
- BharatPe firmly on profitability track, eyes $100 million roundBharatPe, the fintech once mired in lawsuits and boardroom drama, is on the verge of a turnaround. Sources told us the company expects to p...
- Bengaluru street vendors threaten three-day protest against GST notices on UPI paymentsMilk and milk-based products will not be sold on July 23 and 24, even as small traders will conduct business wearing a black badge. Per dep...
- Cash may return as king as small vendors shun UPIIn Bengaluru, many small vendors are ditching UPI payments and opting for cash after receiving GST notices. Fearing tax scrutiny and possib...
- Google tax to go; fintechs' new industry bodyIndia will do away with the Google tax to appease Donald Trump as reciprocal tariffs loom. This and more in today’s ETtech Top 5.
- UPI boosts RuPay market share; cost pressure for gaming firmsHappy Thursday! The integration of UPI with RuPay credit cards has pushed up new issuances but transaction growth hasn’t kept up. This and ...
- Apple’s India iPhone output at Rs 1 lakh crore; SC move on egaming tax noticesTech giant Apple has made iPhones worth Rs 1 lakh crore in India during 2023, further strengthening its ambitions in the country. This and ...
- Flipkart’s mega fundraise; investors press for transparency from Byju RaveendranThe fresh fundraise is likely to value Flipkart at about a 5-10% premium to its latest valuation of around $33 billion, the people said req...
- Big slump in pay hikes for techies switching jobs; financial report card for Nykaa, Dunzo, PB FintechEmployees at Indian IT firms are not getting the salary hikes they were used to on switching jobs anymore, data from staffing companies sug...
- Financial report card for Nykaa, Dunzo; Byju’s in talks with Joffre for Epic saleFSN E-Commerce, the parent entity of omnichannel beauty and fashion retailer Nykaa, saw its Q2 profit jump 50%. Cash-strapped Dunzo also di...
- Govt bans Mahadev, 21 illegal betting apps; cyberattacks against India spikeControversial betting app Mahadev is among 22 illegal betting apps that the government ordered to be blocked on Sunday, following an invest...
- Firms divided on UPI market share cap; tax officials and CAs caution moonlightersMarket leaders PhonePe and Google Pay are seeking an extension while Paytm wants the rules to take effect “as per the timeline”. Officials ...
- Twitter’s terrible weekThe most explosive allegation, however, was the Indian government forced Twitter to put a government agent on the payroll, and that this ag...
- Digital rupee must be anonymous: Nilekani; why Polygon tapped top investorsDigital rupee must be anonymous to prevent the possibility of state surveillance, Nandan Nilekani says. Institutional heft and firepower we...
- Google caves again on Play Store; Goyal denies conflict of interestOver the past year, Google has been under pressure worldwide to lower its steep Play Store commissions and allow other payment methods. Now...
- Ola to get pre-IPO boost; A91 says investors 'feel like a commodity'Ride-hailing firm Ola, which has seen its business recover gradually over the past few months, is set for a pre-IPO funding round that coul...
- Mark Zuckerberg plans payments feature to India's 250 million WhatsApp usersBanks have come together on a shared interface for accepting and receiving money into and from customer accounts via mobile phones, affordi...
- Post Gujarat elections, Union Cabinet clears various measures to push reformsCabinet okays measures to boost digitisation transactions and leather industry, clears Triple Talaq bill, National Medical Commission and a...
- HDFC Bank to reconsider UPI chargesThis comes in the wake of the bank getting embroiled in a major controversy two days back, when they sent a mail to its customers saying th...
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