Amid an Opposition walkout, the Rajya Sabha on August 10, passed the Bankers’ Books Evidence Bill and returned the Taxation and Other Laws (Amendment) Bill to the Lok Sabha. A key issue during the debate was the proposed change linked to digital payments. Opposition parties
The Union government is considering introducing merchant charges on certain Unified Payments Interface (UPI) transactions, according to verified sources. If approved, the proposal would apply only to merchant payments and would not affect person-to-person (P2P) UPI transfers, which will continue to remain free. Read More |