Parliament Clears Taxation Bill; FM Sitharaman Confirms UPI Will Remain Free

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Economy

10 August 2026 at 10:20 pm

Parliament Clears Taxation Bill; FM Sitharaman Confirms UPI Will Remain Free

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Summary

Parliament has passed the Taxation Bill, with Finance Minister Nirmala Sitharaman confirming that UPI payments will remain free for consumers and no framework for Merchant Discount Rate (MDR) has been finalized yet.

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