Rajya Sabha Passes Taxation Amendment Bill; No Charges on UPI Transactions

New Delhi, August 10: The Rajya Sabha approved the Taxation and Other Laws (Amendment) Bill, 2026, on Monday. During the session, Finance Minister Nirmala Sitharaman clarified that users making payments through the Unified Payments Interface (UPI) will not incur any tax or transaction fees under this law. The bill, which was passed by the Lok ... Read more Rajya Sabha Passes Taxation Amendment Bill; No Charges on UPI Transactions