India's Lok Sabha Clears Taxation Bill on UPI Transactions

India's Lok Sabha has passed a taxation bill that empowers the Central government to specify electronic payment modes, including UPI transactions, that will remain free of charges.

6 Aug, 10:13 — 6 Aug, 10:13

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Times of IndiaMostly Factual7d ago

Taxation bill clears Lok Sabha, allows provision for MDR on UPI transactions

Under the proposed changes, the Central government would be empowered to specify, through a notification, the electronic payment modes or transactions that must continue to remain free of charges.

By SMRITI JAIN

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India's Lok Sabha Clears Taxation Bill on UPI Transactions

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Taxation bill clears Lok Sabha, allows provision for MDR on UPI transactions

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