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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...25 Sep, 2026, 09.01 AM IST- 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...24 Sep, 2026, 11.52 PM IST
- 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 ...22 Sep, 2026, 09.45 AM IST
- 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...10 Sep, 2026, 06.16 PM IST
- 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...10 Sep, 2026, 12.55 AM IST
- 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-...09 Sep, 2026, 10.20 PM IST
- 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 ...09 Sep, 2026, 06.46 PM IST
- Will you pay lower income tax on mutual fund capital gains after retirement? Know 7 ways to reduce your tax burdenRetirement doesn't mean tax-free mutual fund income. Understand how capital gains, IDCW payouts, and SWPs are taxed. Discover strategies li...09 Sep, 2026, 11.23 AM IST
- Delhi's Reclaimed Water Policy: Farmhouses to pay ₹10,000/acre monthly for treated water useDelhi plans to charge farmhouses ₹10,000 monthly for treated water use. Construction sites over 500 sqm must use reclaimed water for dust s...26 Aug, 2026, 01.02 PM IST
- NRI can’t sell Indian property before October 1, 2026 if buyer does not have TAN; Know how to apply for TAN onlineThe TDS rulesfor NRIs say that there isno thresholdlimit for TDS deduction, whereas resident Indians get a threshold limit of Rs 50 lakh be...26 Aug, 2026, 11.22 AM IST
- New mines law seeks to bring tax uniformityA new Mines and Minerals Act, 2026, aims to standardize mining taxation across India. This legislation seeks to bring uniformity and predic...25 Aug, 2026, 11.45 PM IST
- Mining for better RoI, better sharing nextIn a significant legislative shift, the Centre has revised a 1957 Act to enhance its oversight of mineral resources. The newly established ...14 Aug, 2026, 12.23 AM IST
- Himachal imposes 60 paise/litre widow, orphan cess on petrol, dieselThe Himachal Pradesh government has imposed a new cess on fuel. This levy of sixty paise per litre applies to petrol and diesel. The Widow ...12 Aug, 2026, 09.04 AM IST
- Mines Act update proposes to curb states' tax powersThe Centre has proposed limiting states’ powers to impose taxes, cess and other levies on mineral rights and mineral-bearing land, seeking ...11 Aug, 2026, 01.10 AM IST
- Parliament Watch: Centre collects ₹32 lakh crore in cesses as India Inc steps up global expansionThe Centre collected over thirty-two lakh crore rupees from cesses and surcharges. Indian companies are increasing overseas investments to ...05 Aug, 2026, 12.57 AM IST
- Household savings rise to 21.7% of GDP in FY25: GovtHousehold savings increased to 21.7 percent of GDP in 2024-25. Government and RBI measures aim to boost incomes and financial security. RBI...04 Aug, 2026, 06.14 PM IST
- September GST collection stands at Rs 94,442 crore against Rs 93,690 crore in AugustOf this, CGST is Rs 15,318 crore, SGST is Rs 21,061 crore, IGST is Rs 50,070 crore and cess collections are Rs. 7,993 crore.01 Oct, 2018, 09.09 PM IST
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