CAclubindia News

UPI 0.4% MDR Above Rs 2000: Grocery Shop Sign Sparks Fresh Debate

19 September 2026 at 09:43

A 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.

Posted in Taxpayers Corner | 1095 Views

India's STT Collections Rise 52.9% to Rs 40,214 Crore by 17th Sept 2026

19 September 2026 at 09:43

India'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.

Posted in Income Tax | 1521 Views

India to Monitor UPI MDR Charges to Protect Consumers from Extra Costs

19 September 2026 at 09:43

The 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

Posted in Taxpayers Corner | 1431 Views

Central GST Superintendent Arrested in Bengaluru Over Alleged Rs 8 Lakh Bribe

19 September 2026 at 09:42

Bengaluru Lokayukta arrests Central GST Superintendent Mohit Pratap Singh for allegedly accepting an Rs 8 lakh bribe linked to a pending GST complaint.

Posted in GST | 123 Views

CBDT Revises Form 169 and Form 171 Under Income Tax Rules 2026

18 September 2026 at 09:18

CBDT notifies Income-tax Fourth Amendment Rules 2026, revising valuer and tax practitioner forms and extending key timelines from September 2026 to March 2027.

Posted in Income Tax | 7041 Views

Supreme Court PIL Challenges New UPI Merchant Charges Above Rs 2000

18 September 2026 at 09:07

A Supreme Court PIL challenges the proposed 0.4% MDR on specified UPI merchant payments above Rs 2000. Know the new UPI charges, exemptions and latest updates.

Posted in Income Tax | 1059 Views

MTPA Seeks Tax Audit Deadline Extension: TAR by 31st Oct, ITR by 30th Nov 2026

18 September 2026 at 09:07

MTPA seeks extension of the FY 2025-26 tax audit deadline to October 31, 2026, and ITR filing deadline to November 30, citing workload and reconciliation challenges.

Posted in Income Tax | 11454 Views

AIMTPA Seeks Tax Audit & ITR Due Date Extension for AY 2026-27

17 September 2026 at 09:30

AIMTPA seeks tax audit due date extension for AY 2026-27 from 30 Sep to 31 Oct and audit ITR deadline from 31 Oct to 30 Nov 2026.

Posted in Income Tax | 1 comments | 14142 Views

Zerodha CEO Nithin Kamath Raises Concern Over UPI Charges for Brokers

17 September 2026 at 09:10

Zerodha CEO Nithin Kamath raises concerns over UPI MDR charges for brokers and suggests a ₹5-₹10 cap to reduce costs on repeated client fund transfers.

Posted in Investments & Personal Finance | 1767 Views