UPI 0.4% MDR Above Rs 2000: Grocery Shop Sign Sparks Fresh Debate A grocery shop payment sign has sparked debate as a 0.4% UPI MDR on eligible merchant transactions above Rs 2000 takes effect from October 15, 2026. India's STT Collections Rise 52.9% to Rs 40,214 Crore by 17th Sept 2026 India's Securities Transaction Tax collections rose 52.9% to Rs 40,214 crore by September 17, 2026, reflecting a sharp increase from Rs 26,306 crore a year earlier. India to Monitor UPI MDR Charges to Protect Consumers from Extra Costs The government is set to closely monitor the implementation of Merchant Discount Rate (MDR) charges on certain UPI transactions, with a focus on ensuring that the additional cost does not ultimately reach consumers.The new MDR framework will apply to Central GST Superintendent Arrested in Bengaluru Over Alleged Rs 8 Lakh Bribe Bengaluru Lokayukta arrests Central GST Superintendent Mohit Pratap Singh for allegedly accepting an Rs 8 lakh bribe linked to a pending GST complaint. CBDT Revises Form 169 and Form 171 Under Income Tax Rules 2026 CBDT notifies Income-tax Fourth Amendment Rules 2026, revising valuer and tax practitioner forms and extending key timelines from September 2026 to March 2027. Supreme Court PIL Challenges New UPI Merchant Charges Above Rs 2000 A Supreme Court PIL challenges the proposed 0.4% MDR on specified UPI merchant payments above Rs 2000. Know the new UPI charges, exemptions and latest updates. MTPA Seeks Tax Audit Deadline Extension: TAR by 31st Oct, ITR by 30th Nov 2026 MTPA seeks extension of the FY 2025-26 tax audit deadline to October 31, 2026, and ITR filing deadline to November 30, citing workload and reconciliation challenges. AIMTPA Seeks Tax Audit & ITR Due Date Extension for AY 2026-27 AIMTPA seeks tax audit due date extension for AY 2026-27 from 30 Sep to 31 Oct and audit ITR deadline from 31 Oct to 30 Nov 2026. Zerodha CEO Nithin Kamath Raises Concern Over UPI Charges for Brokers Zerodha CEO Nithin Kamath raises concerns over UPI MDR charges for brokers and suggests a ₹5-₹10 cap to reduce costs on repeated client fund transfers. UPI Remains Free for P2P Transactions, 96% of Merchant Payments Unaffected UPI remains free for all P2P transactions, while 96% of merchant payments remain unaffected. Know the new MDR rules, ₹2,000 threshold and exemptions. AIMTPA Seeks Tax Audit & ITR Due Date Extension for AY 2026-27 Income from Other Sources Under Income Tax Act 2025: Key Rules, Taxable Incomes and Deductions

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