UPI payments to merchants above two thousand rupees will attract a zero point four percent merchant discount rate. Merchants will pay eight...

The CBIC will conduct outreach programs to encourage EMI scheme adoption. Data and documentation requirements for the scheme have been subs...

In a progressive move, the Customs department plans to ramp up its deployment of artificial intelligence and real-time analytics to limit d...

CCPA fined a restaurant in Connaught Place Rs 10,000 for automatically adding an Rs 80 service charge to a customer's food bill and applyin...

HSBC and ICICI Bank led lending under a special foreign-exchange swap program. These two banks disbursed a combined $19.3 billion through t...

India has exempted transactions up to ₹2,000 via UPI and RuPay debit cards from charges. This move allows for the reintroduction of merchan...

The government has announced no charges on UPI transactions up to Rs 2,000. RuPay debit card payments below this amount will also remain fr...

BRICS finance ministers and central bank governors voiced concerns over unilateral trade measures. They backed efforts for cross-border pay...

China and the United States anticipate reaching an agreement on reducing import taxes soon. Negotiators are working to implement reciprocal...

Garg, who has been at the centre of the recent controversy over the government's GDP growth estimates, had questioned the Centre's claim of...

The CBIC stated that comparing GST revenue figures using different tax bases is misleading. Growth calculations must be made on a like-for-...

The CBIC has introduced a new checklist for customs officers reviewing imports. This standardized process aims to streamline clearances for...

Customs officers must now manually check import documents for healthcare products. This manual verification applies even to facilitated imp...

The Central Board of Indirect Taxes and Customs has introduced an innovative digital repository designed to assist importers and customs br...

The CBIC has simplified enrolment under the Eligible Manufacturer Importer scheme, cutting required documents from 10 to three. From Septem...

The DGGI proposed mandatory recording of website payment details to stop illegal gaming networks. This aims to plug financial system gaps e...

The 57th Goods and Services Tax Council meeting will convene on September 12, 2026. An Officers' Meeting will precede it on September 11 in...