UPI payments to be charged? Finance ministry responds

The central government has clarified its position on reports claiming that it may levy additional charges on UPI payments. In a series of tweets on Sunday, the Ministry of Finance said that UPI (Unified Payments Interface) is a “digital public good,” and there is no consideration to levy any charges for UPI…

Retrospective tax case: Cairn Energy execs meet govt officials, seek details of refund process

Cairn Energy Plc executives have sought details of refund from the Indian government after a meeting with finance ministry officials over the retrospective tax dispute. The meeting was held on Wednesday in the backdrop of a bill passed in Lok Sabha to scrap the controversial tax law introduced in 2012.…