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Tax liability of ITR-7 filers triples in 5 years to Rs 1,043 croreIn a significant financial shift, the tax burden for ITR-7 filers has climbed to Rs 1,043 crore in the Assessment Year 2025-26, a figure th...- Most UPI transactions to stay free: FM Nirmala SitharamanFinance Minister Nirmala Sitharaman said UPI transactions will remain free for consumers, with most low-value payments also staying free. A...
- Parliament Watch: National child survey, Bankers' Evidence Bill and NPS updateA national child survey is underway to detail informal sector workers and street children. The Rajya Sabha approved the Bankers' Books Evid...
- SC flags rise in drug abuse, trafficking across countryThe Supreme Court voiced serious concern regarding escalating drug abuse and trafficking nationwide. Justices noted the gravity of the situ...
- Parliament clears taxation bill, Sitharaman says UPI transactions to remain freeParliament has passed the Taxation and other Laws (Amendment) Bill. Finance Minister Nirmala Sitharaman confirmed UPI will remain free for ...
- No proposal under consideration for restoration of Old Pension Scheme: MoS for Finance Pankaj ChaudharyThe government has no plans to restore the Old Pension Scheme due to its fiscal unsustainability. Several state governments have requested ...
- South Korea to launch $3.5 billion chip fund, speed development of semiconductor hubsThe government will also provide a further 5 trillion won in trade finance for suppliers, Presidential Chief of Staff Kang Hoon-sik told a ...
- Lower or nil TDS certificates to go fully online soon, rules being framedNew rules are being prepared for electronic applications for lower TDS certificates. Taxpayers can soon apply online for reduced or nil tax...
- Govt introduces NCDC Amendment Bill 2026 to expand direct funding for cooperativesA bill was introduced in the Lok Sabha to expand the NCDC's lending powers. This amendment will allow direct loans and grants to cooperativ...
- Is UPI ending free payments for all users? Here’s what Finance Ministry saysStandard UPI transfers for individuals will remain complimentary, ensuring users can continue making everyday payments without worry. While...
- National Green Tribunal must make public report of panel that reviewed approvals for Nicobar project: Jairam RameshCongress leader Jairam Ramesh requested the National Green Tribunal to release a crucial project review report. He also highlighted the upc...
- Rajya Sabha to take up Taxation, Bankers’ Books bills on MondayThe Rajya Sabha will consider two important bills on Monday. The Taxation and Other Laws (Amendment) Bill proposes significant tax changes....
- UPI MDR may return, but only some merchants will have to pay, Finance Ministry clarifiesThe finance ministry said any future MDR on UPI will be nominal and limited to merchant transactions above a specified threshold, while con...
- Parliament Monsoon session: Opposition continues protest over alleged police action against studentsOpposition MPs protested in Parliament over alleged Ram temple donation theft. They also demanded a statement regarding police actions agai...
- MDR on UPI will impact businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam RameshSitharaman accused the opposition leader of "spreading a canard" and clarified that MDR "applies only on the merchants and not on the end u...
- Lok Sabha passes Taxation and Other Laws (Amendment) Bill to boost foreign investment, electronics manufacturingThe Lok Sabha passed a bill to attract foreign investment and promote domestic manufacturing. This legislation aims to provide greater tax ...
- AI adoption in finance hits 76%, governance and AI-centric operating models key to future edge: KPMGArtificial intelligence (AI) has reached an inflection point in finance, with 76% of organisations already using it in financial planning. ...
- Govt tables tax amendment Bill with FII relief, electronics manufacturing pushThe Taxation and Other Laws (Amendment) Bill, 2026, was tabled, proposing significant changes to tax laws. Banks and payment providers will...
- Manish Tewari submits adjournment notice in Lok Sabha seeking discussion on new anti-defection law to curb opportunistic mass defectionsCongress MP Manish Tewari sought to suspend parliamentary business for urgent discussion. He proposed a new anti-defection law to curb oppo...
- FM Sitharaman to introduce Taxation and Other Laws (Amendment) Bill as Lok Sabha takes up key financial businessFinance Minister Nirmala Sitharaman will introduce the Taxation and Other Laws (Amendment) Bill, 2026, in the Lok Sabha. This legislation s...
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