News

UPI charges kick in: How much you will pay at petrol pumps

Updated : Sep 15, 2026

Paying for fuel via UPI? Here's how much you'll be charged at petrol pumps

The new framework sets a 0.4 per cent Merchant Discount Rate on UPI payments above ₹2,000 to merchants, with the fee capped at ₹300 for payments of ₹75,000 and above

Updated : Sep 15, 2026

Are you paying electricity, water or piped gas bills through UPI? Check charges above ₹2,000

Public utility payments, including electricity distribution bills, municipal water charges and piped natural gas bills, fall under the designated Industry program category

School, tuition, university fees get special fee structure

Updated : Sep 15, 2026

Are school, college fee payments exempt from standard UPI MDR? Here’s what parents need to note

The move is aimed at making digital fee payments more affordable for schools, colleges, universities and students, particularly when dealing with larger tuition and institutional payments

The introduction of MDR on transactions above ₹2,000 does not mean every merchant receiving a payment above that amount will have to pay the charge.

Updated : Sep 15, 2026

Small merchants will not come under UPI MDR even above ₹2,000 if they meet this condition; check details

The new MDR framework is aimed at creating a sustainable funding model for the UPI ecosystem, with revenue intended to support infrastructure, cybersecurity, innovation and customer service

Updated : Sep 15, 2026

EPFO launches official WhatsApp channel: Here's how to join, what members can expect

"EPFO now on WhatsApp too! Join EPFO's official WhatsApp Channel to get important updates and useful information," the organisation posted on X.

Axis Bank and travel fintech Scapia have launched the Scapia Axis Bank Credit Card

Updated : Sep 5, 2026

Axis Bank Scapia credit card goes live: Check lounge access, UPI rewards, forex benefits and fees

The card comes with no joining or annual fee, zero forex markup on international transactions and airport privileges covering lounges, dining and premium retail

Mudra loans can be taken through banks, regional rural banks, small finance banks, NBFCs and microfinance institutions.

Updated : Aug 24, 2026

Mudra loan up to ₹20 lakh: Who can get it, eligibility & loan categories. How to apply

Mudra loans can be used for several kinds of small businesses. These include shops, service centres, small manufacturing units, trade, transport, dairy, poultry and agriculture-linked activities such as beekeeping.

India's first RBI-compliant payment checkout designed for people who are blind or visually impaired,

Updated : Aug 13, 2026

PayU’s new accessible checkout aims to make online payments easier for visually impaired users

People with low vision, colour blindness or light sensitivity can use different visual modes, including high contrast, greyscale, colour inversion and saturation adjustments

EPFO has introduced a 12-month waiting period for premature final settlement of EPF balances.

Updated : Aug 12, 2026

EPFO makes PF withdrawals simpler but adds waiting periods: 5 key changes members should know

The EPFO has introduced new waiting periods for members seeking premature final settlement of their PF balance and withdrawal benefits under EPS. At the same time, the revised framework simplifies partial withdrawals, allowing members greater access to funds for essential needs, housing and special circumstances.

Under the standard EPS framework, the employer contributes 8.33% of basic pay, subject to the applicable wage ceiling.

Updated : Aug 12, 2026

Higher EPS-95 Pension: EPFO received 15.24 lakh applications -- where cases are still pending

EPFO has received 15.24 lakh applications for higher EPS-95 pension, but 11,595 cases remained pending as of August 5, 2026. The latest Lok Sabha data shows significant differences in pending cases across EPFO regions, with Punjab and Himachal Pradesh reporting the highest backlog.

One of the biggest clarifications is that employee and employer contribution rules remain largely unchanged.

Updated : Aug 8, 2026

EPFO 2026: 8 key changes to PF rules covering withdrawals, claims, service and nomination

EPFO has rolled out the EPF, EPS and EDLI Schemes, 2026, introducing several changes aimed at simplifying provident fund rules, digitising services and speeding up claim settlements. Here's a look at the eight key updates that could affect EPF subscribers.

Updated : Aug 7, 2026

Do housewives need to file ITR without a salary? Here's what you need to know before filing

Homemakers may also have to file income tax returns if they earn from interest, rent, investments or certain gifts. The filing requirement depends on exemption limits, income sources and eligible deductions under tax rules.

According to the RBI, polymer notes have a higher upfront production cost than paper notes but are significantly more durable.

Updated : Aug 5, 2026

RBI targets rollout of polymer ₹10, ₹20 notes at start of April 2027; check details

Addressing the media after the MPC meeting, RBI Governor Sanjay Malhotra said the central bank is moving ahead with plans to introduce polymer banknotes in the ₹10 and ₹20 denominations on a trial basis.

According to the association, CITES was introduced with the objective of enabling most claims to be processed within two to three days through automation.

Updated : Aug 5, 2026

PF claim delays: EPFO officers flag CITES glitches, urge labour minister to boost tech team

The Central Board of Trustees (CBT), the association said the new IT platform was intended to automate claim processing and significantly reduce settlement timelines.

The survey found that if merchants begin recovering the transaction fee from customers, nearly half of respondents would avoid making purchases above ₹3,000 through UPI altogether.

Updated : Aug 4, 2026

Could MDR revive credit and debit cards? Survey suggests higher-value UPI payments may decline

According to the survey, more than five in 10 UPI users are likely to move away from the platform for higher-value transactions if an MDR is levied and recovered from consumers.

According to the EPFO, the e-Office application will remain inaccessible from 6:00 PM to 9:30 PM on August 5.

Updated : Aug 4, 2026

EPFO to temporarily shut e-Office application on August 5 for system upgrade

In a notification issued on August 3, 2026, the retirement fund body said the downtime has been planned to facilitate the upgradation of key components of the e-Office application by the National Informatics Centre (NIC).

MDR is the fee paid by businesses to banks and payment service providers for processing digital transactions, and any proposal to restore it applies to merchants—not consumers using UPI.

Updated : Aug 4, 2026

Finance Ministry introduces Bill to enable MDR on UPI, digital payments; government to decide future levy

The move marks the first major policy shift since January 2020, when the government barred banks and payment service providers from levying MDR on UPI and RuPay debit card transactions to accelerate digital payment adoption.

Updated : Aug 4, 2026

Missing PF account? Here's how EPFO's service history can save taxpayers time and hassle

If you've switched jobs multiple times, the feature allows you to check whether all your previous employers and service periods are reflected in your UAN

According to the Delhi government, women aged 21 to 60 years can apply for the scheme if their annual family income does not exceed ₹2.5 lakh.

Updated : Aug 1, 2026

Delhi launches Lakshmi Yojana portal: Women can now apply online for ₹2,500 monthly assistance

The Delhi government has opened registrations for the Delhi Lakshmi Yojana, allowing eligible women to apply online for a monthly financial assistance of ₹2,500. The first instalment is expected to be credited around Raksha Bandhan after applications and documents are verified.

With the ITR filing deadline ending today, experts advise taxpayers to e-verify their returns, cross-check AIS, TIS and Form 26AS, and ensure their bank details are updated for refunds.

Updated : Jul 31, 2026

ITR filing 2026 deadline today: Can freelancers report income as business income? What you need to know

Tax experts also caution that many freelancers fail to take advantage of the presumptive taxation scheme available under the Income Tax Act

Filing your ITR is only half the job; if you don't verify it in time, the taxman treats it as if you never filed at all.

Updated : Jul 31, 2026

ITR filing deadline today: How the 30-day verification rule lets you verify returns after July 31

So what exactly is this rule, who does it apply to, and how much breathing room does it really give you? Here's everything you need to know before the clock runs out.

News

Paying for fuel via UPI? Here's how much you'll be charged at petrol pumps

Are you paying electricity, water or piped gas bills through UPI? Check charges above ₹2,000

Are school, college fee payments exempt from standard UPI MDR? Here’s what parents need to note

Small merchants will not come under UPI MDR even above ₹2,000 if they meet this condition; check details

EPFO launches official WhatsApp channel: Here's how to join, what members can expect

Axis Bank Scapia credit card goes live: Check lounge access, UPI rewards, forex benefits and fees

Mudra loan up to ₹20 lakh: Who can get it, eligibility & loan categories. How to apply

PayU’s new accessible checkout aims to make online payments easier for visually impaired users

EPFO makes PF withdrawals simpler but adds waiting periods: 5 key changes members should know

Higher EPS-95 Pension: EPFO received 15.24 lakh applications -- where cases are still pending

EPFO 2026: 8 key changes to PF rules covering withdrawals, claims, service and nomination

Do housewives need to file ITR without a salary? Here's what you need to know before filing

RBI targets rollout of polymer ₹10, ₹20 notes at start of April 2027; check details

PF claim delays: EPFO officers flag CITES glitches, urge labour minister to boost tech team

Could MDR revive credit and debit cards? Survey suggests higher-value UPI payments may decline

EPFO to temporarily shut e-Office application on August 5 for system upgrade

Finance Ministry introduces Bill to enable MDR on UPI, digital payments; government to decide future levy

Missing PF account? Here's how EPFO's service history can save taxpayers time and hassle

Delhi launches Lakshmi Yojana portal: Women can now apply online for ₹2,500 monthly assistance

ITR filing 2026 deadline today: Can freelancers report income as business income? What you need to know

ITR filing deadline today: How the 30-day verification rule lets you verify returns after July 31

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