UPI MDR: 0.02% Charge on Eligible Capital-Market Payments From October 15 A revised Merchant Discount Rate (MDR) framework for UPI payments will introduce a 0.02% charge on eligible capital-market transactions from October 15, 2026 . The concessional rate will apply to paym...
UPI MDR of 0.4% on Select Payments Above ₹2,000 From October 15 India's Unified Payments Interface (UPI) is set for a revised Merchant Discount Rate (MDR) framework from October 15, 2026 , introducing a 0.4% charge on specified Person-to-Merchant (P2M) transaction...
"Undue Haste, Recklessness": Delhi HC Junks 7 Income Tax Tribunal Orders in Patanjali Case The Delhi High Court has set aside seven orders passed by the Income Tax Appellate Tribunal (ITAT) in cross-appeals involving Patanjali Ayurved Limited, sharply criticising how the matters were dispos...
Interarch Building Solutions Receives Income Tax Notice for 2019-2025 Block Period, No Financial Demand Raised Interarch Building Solutions Limited has received a procedural Income Tax notice under Section 158BC of the Income-tax Act, 1961, covering a block period from April 1, 2019, to October 17, 2025. Impor...
Gender and Taxation: African Development Bank, ATAF Urge Gender-Responsive Tax Reform Across Africa The African Development Bank Group, in partnership with the African Tax Administration Forum (ATAF), hosted a hybrid seminar calling for African tax systems to be redesigned so they better account for...
India Needs Better Financing for Urban Development, Not Just New Building Rules India’s rapid urbanisation is increasing the demand for safer housing, commercial spaces and other urban infrastructure. But according to a new analysis, improving building regulations alone may not b...
Belarus Tax Authorities Collect BYN 28.8 Million From Taxi Operators Belarusian tax authorities have collected an additional BYN 28.8 million in taxes from taxi operators following a review of tax returns filed by businesses operating in the sector. The Ministry of Tax...
GSTAT Hyderabad Rules GSTR-3B Tax Payment Cannot Replace Mandatory Pre-Deposit The GST Appellate Tribunal (GSTAT), Hyderabad has held that tax paid through belated GSTR-3B returns, without any contemporaneous protest or dispute regarding the liability, cannot subsequently be tre...
Wealth Taxes Could Improve Capital Market Efficiency, Research Finds Wealth taxes are generally discussed as a way to reduce wealth inequality and raise government revenue. However, new economic research argues that a properly designed wealth tax could also improve the...
Income-tax Rules 2026 Strengthen Compliance Under New Tax Framework India’s new Income-tax Rules, 2026 have introduced a revised procedural and compliance framework under the Income-tax Act, 2025. The rules were officially notified by the government on March 20, 2026 ...
"PM Says Sab Changa Si, But Sab Mehenga Si": Congress on WPI Inflation The Congress on Monday took aim at the government over the latest Wholesale Price Index (WPI) data, with party leader Jairam Ramesh saying Prime Minister Narendra Modi keeps claiming "sab changa si" (...
Amit Shah Stresses Cultural Nationalism, Promotion of Indian Languages at Rajbhasha Event Union Home Minister Amit Shah said on Monday that cultural nationalism means creating awareness about India's culture and history, asserting that the country's diverse languages can carry different vo...
