CAIT backs nominal MDR on high-value UPI transactions if proposed, says await Bill details

Aug 05, 2026

The Confederation of All India Traders (CAIT) on Wednesday said it would support a nominal Merchant Discount Rate (MDR) on higher-value Unified Payments Interface...

Paysharp targets B2B Business with Flat Fee Pricing Model

Dec 14, 2021

Chennai (Tamil Nadu) [India], December 14 (ANI/BusinessWire India): B2B Segment and B2B Payment Business to business transactions are high-value transactions by nature, Business could...

"Rahul Gandhi levelling false accusations, no plan to levy fee on UPI transactions above ₹2,000": Ramdas Athawale

Sep 15, 2026

Union Minister of State for Social Justice and Empowerment Ramdas Athawale, refuting allegations levelled by Congress leader Rahul Gandhi regarding potential charges on high-value...

CBDT launches electronic campaign to resolve income and transaction mismatches for FY 2023-24 and FY 2021-22

Dec 17, 2024

This initiative targets the financial years 2023-24 and 2021-22, extending its scope to include individuals with taxable income or high-value transactions reflected in their...

No proposal to include high-value transactions in Income Tax Return, information to be collected from third-parties only: Sources

Aug 16, 2020

New Delhi [India], Aug 17 : There is no proposal to modify Income Tax returns forms, said Finance Ministry sources when asked to comment...

Cabinet approves incentive scheme for promotion of low-value BHIM-UPI transactions

Mar 19, 2025

The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the 'Incentive Scheme for promotion of low-value BHIM-UPI transactions Person to Merchant...