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SMALL BUSINESSES EXEMPTION
Payments Council backs UPI merchant charges, says users, small businesses will remain exemptPCI said small merchants, including kirana stores, should not be charged for accepting UPI payments. Any merchant service charge would be a...- 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...
- Parliament Watch: India-US BTA push, EPFO relief, highway slowdown among key updatesA parliamentary panel has recommended the swift conclusion of the India-US Bilateral Trade Agreement, emphasizing the need for safeguards a...
- Parl panel for early conclusion of India-US trade pact, tariff exemptions on key goodsThe panel suggested the commerce department prepare a time-bound roadmap to achieve the objectives of the Mission 500 initiative by promoti...
- '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...
- JPC backs corporate law reforms, easier startup homecomingA joint parliamentary committee supports government plans to simplify corporate regulations and decriminalize minor offenses. The panel als...
- 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...
- 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...
- Par panel makes various recommendations on corporate laws amendment billA parliamentary panel proposed fixed penalties for certain corporate non-compliances. It suggested allowing in-kind CSR contributions for s...
- Ladakh LG Vinai Kumar Saxena decentralises land-use approvals to speed up development workLadakh's Lieutenant Governor has delegated land-use approval powers to officials. This move aims to decentralize decision-making for develo...
- WhatsApp may soon move business messages to separate 'Offers & Updates' folderWhatsApp is testing a new feature to organise user inboxes. Large business messages will move to an "Offers & Updates" folder. This aims to...
- FD rate up to 8.3% for senior citizens investing for three years; Know list of banksSelect banks offer senior citizens fixed deposit interest rates up to 8.3 percent. Jana Small Finance Bank provides this highest rate for a...
- Global Market: Shein slips to quarterly loss as US tariff changes weigh on sales ahead of Hong Kong IPOFast-fashion giant Shein reported a $99 million loss in Q1 2026, hit by slowing sales after the US ended duty exemptions for low-value impo...
- Shein flags tariff hits after posting quarterly loss ahead of Hong Kong IPOThe retailer won approval from the China Securities Regulatory Commission for its Hong Kong listing on July 10, clearing the way for a li...
- India's jewellers get a US tariff breather, but the real pain isn't overIndia's gem and jewellery exporters welcomed the US decision to retain the additional tariff on Indian shipments at 10%, giving them a tari...
- Trump's tariffs just went from 12.5% to 10%: Why did India get a breather and what it means?The United States has reduced tariffs on most Indian exports to ten percent. This change follows India's recent actions against forced labo...
- Opting for presumptive taxation while filing ITR? You may have to face tax audit; here’s what you must knowPresumptive taxation simplifies income computation for eligible taxpayers. However, a tax audit may be required if actual income falls belo...
- Trump's 200% generic drug tariff threat puts $9.7 billion Indian pharma exports at risk; industry says reshoring not practicalUS President Trump's proposed tariffs on imported generic drugs will not immediately affect Indian drugmakers. Indian companies export sign...
- Monsoon Session: MSME, FCRA, tax reforms on govt's house agendaParliament will consider the Foreign Contribution Amendment Bill and Income-tax Amendment Bill. A major MSME reform package will also be in...
- Govt to replace Ordinance by introducing Income-tax (Amendment) Bill in Monsoon sessionParliament will soon consider a bill to replace an ordinance on tax exemptions. This aims to attract foreign capital and stabilize the rupe...
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