EconomyPrelims + Mains
Lok Sabha Passes Bill Allowing Banks to Levy Charges on UPI
The Taxation and Other Laws (Amendment) Bill 2026 would help the government tweak the zero-MDR regime applicable on the Unified Payments Interface (UPI) and RuPay without having to introduce charges immediately. The move is an attempt to bring more flexibility into the system in light of India-US trade worries.