CAclubindia News
UPI MDR on Transactions Above Rs 2000: FM Sitharaman Clarifies Who Will Pay
22 September 2026 at 10:22Finance Minister Nirmala Sitharaman clarifies that UPI MDR will not be passed on to consumers. Know the 0.4% MDR rule, Rs 300 cap and transactions affected.
RBI Issues New Basel III Market Risk Capital Directions for Commercial Banks
22 September 2026 at 09:23RBI issues new Basel III market risk capital requirements for commercial banks, with revised rules on trading books, forex risk, interest rate risk and credit derivatives.
Petrol Dealers May Limit UPI Payments Above Rs 2000 From 16th October
22 September 2026 at 09:18Petrol dealers may restrict UPI payments above Rs 2000 from October 16 under the new Rs 5 MDR on fuel transactions. Know what the new UPI rule means for customers.
Tax Audit Deadline 2026: Professional Bodies Seek Extension to 31st October
21 September 2026 at 09:23Tax professionals seek extension of the FY 2025-26 tax audit deadline from September 30 to October 31, 2026, citing compressed timelines, reconciliation work and compliance pressure
GSTN Announces emSigner 3.3 for New DSC USB Tokens Issued From 21st September 2026
21 September 2026 at 09:23GSTN introduces emSigner 3.3 for GST Portal users with new DSC USB tokens issued from September 21, 2026. Check system requirements and upgrade steps.
UPI 0.4% MDR Above Rs 2000: Grocery Shop Sign Sparks Fresh Debate
19 September 2026 at 09:43A grocery shop payment sign has sparked debate as a 0.4% UPI MDR on eligible merchant transactions above Rs 2000 takes effect from October 15, 2026.
India's STT Collections Rise 52.9% to Rs 40,214 Crore by 17th Sept 2026
19 September 2026 at 09:43India's Securities Transaction Tax collections rose 52.9% to Rs 40,214 crore by September 17, 2026, reflecting a sharp increase from Rs 26,306 crore a year earlier.
India to Monitor UPI MDR Charges to Protect Consumers from Extra Costs
19 September 2026 at 09:43The government is set to closely monitor the implementation of Merchant Discount Rate (MDR) charges on certain UPI transactions, with a focus on ensuring that the additional cost does not ultimately reach consumers.The new MDR framework will apply to
Central GST Superintendent Arrested in Bengaluru Over Alleged Rs 8 Lakh Bribe
19 September 2026 at 09:42Bengaluru Lokayukta arrests Central GST Superintendent Mohit Pratap Singh for allegedly accepting an Rs 8 lakh bribe linked to a pending GST complaint.
CBDT Revises Form 169 and Form 171 Under Income Tax Rules 2026
18 September 2026 at 09:18CBDT notifies Income-tax Fourth Amendment Rules 2026, revising valuer and tax practitioner forms and extending key timelines from September 2026 to March 2027.
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