FM: UPI stays free as Parliament clears taxation bill

FM: UPI stays free as Parliament clears taxation bill

Parliament passed the Taxation and Other Laws (Amendment) Bill, 2026, with Finance Minister Nirmala Sitharaman confirming that UPI payments will remain free for consumers. The bill does not impose charges but provides a legal framework for potential future changes to the zero-MDR system, which remains under review.

Source: Mint

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