Watch: UPI payments will remain free: Nirmala Sitharaman
Parliament passed the Taxation and Other Laws (Amendment) Bill, 2026, with Finance Minister Nirmala Sitharaman clarifying that the legislation does not impose any tax or transaction charge on UPI payments. The Bill also seeks to attract foreign investment, promote domestic electronics manufacturing and ease operations for foreign cloud companies and fund managers in India.
· 8/10/2026, 3:39:40 PM· 2 min read
Parliament passed the Taxation and Other Laws (Amendment) Bill, 2026, with Finance Minister Nirmala Sitharaman clarifying that the legislation does not impose any tax or transaction charge on UPI payments. The Bill also seeks to attract foreign investment, promote domestic electronics manufacturing and ease operations for foreign cloud companies and fund managers in India.
Read original story →Related stories
breaking
K.M. Basheer hit-and-run case: witnesses give crucial testimony in court
breaking
BJP accuses Rahul Gandhi, Congress of changing goalposts, disrupting House
breaking
11 new entry points added for foreigners to enter India: Home Ministry
breaking