Person-to-person transactions to remain free: Govt clarifies no charges for UPI users

In a press release, the Ministry of Finance has said that users will not be charged for making UPI payments, and all Person-to-Person (P2P) transactions will continue to remain free. It said that if a Merchant Discount Rate (MDR) is introduced in the future, it will apply only to a limited category of merchant transact

The Taxation and other Laws (Amendment) Bill was passed without a debate due to persistent sloganeering by the Opposition over various issues

As the disruptions continued, the Bill was put to vote without a debate and was passed by a voice vote.