UPI charges: Lok Sabha passes bill for government to make changes

The Lok Sabha has taken a vital step by passing a bill aimed at simplifying tax rules to enhance investment attractiveness. The new legislation abolishes a limitation on specific electronic payment options, allowing banks and providers to charge merchants on transactions. Additionally, the government is empowered to re

Real-time payments made through RTGS and NEFT are done by paying a service charge. However, UPI transactions have been exempted from such charges so far.

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

Parliament last Friday adjourned sine die, bringing the Second Meeting of the Second Session of the Ninth Parliament to a close, without reconsidering the Human Sexual Rights and Family Values Bill, 2026 (anti-LGBTQ bill).