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Current Affairs#upi-payments

Tag

#Upi Payments

Lok Sabha Passes Bill Allowing Banks to Levy Charges on UPI
Daily Important
EconomyPrelims + Mains

Lok Sabha Passes Bill Allowing Banks to Levy Charges on UPI

The Taxation and Other Laws (Amendment) Bill 2026 would help the government tweak the zero-MDR regime applicable on the Unified Payments Interface (UPI) and RuPay without having to introduce charges immediately. The move is an attempt to bring more flexibility into the system in light of India-US trade worries.

7 Aug 2026 5 min