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FM: No extra charge on payments via RuPay, UPI from 1st January

Zero MDR Approx Read Time: 5 minutes  In News: (Zero MDR) To promote digital payments, the FM Nirmala Sitharaman has announced that digital transactions made using RuPay credit cards or UPI QR codes will not face additional charges for merchants or customers from the beginning of next year. Background: In the budget speech in July, …

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Governance Bytes: National e-Assessment Centre

Govt. unveils faceless I-T assessment, opens National e-Assessment Centre Approx Read Time: 2 minutes In News: Department of Revenue, Ministry of Finance has launched the faceless assessment system in the Income Tax department and has inaugurated the National e-Assessment Centre. The nodal National e-Assessment Centre (NeAC) will be located in Delhi and headed by the …

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