Parliament has cleared an amendment allowing the Centre to reshape the zero-MDR framework for UPI and other notified digital payments. No new UPI charge has taken effect yet, while the government says customers will not directly bear MDR charges. India has moved closer to potentially introducing Merchant Discount Rate charges on some UPI merchant transactions after Parliament cleared changes to the law governing digital payment charges. The Taxation a

India has proposed a legal change that could permit merchant fees on selected UPI payments, including transactions above Rs 2,000. No fee has been finalised, and the proposals mainly target large merchants rather than customers, small shops or personal transfers. UPI Fee Has Not Been Introduced Yet UPI payments above Rs 2,000 are not automatically becoming chargeable. A proposed amendment to the Payment and Settlement Systems Act woul

Telangana Chief Minister A Revanth Reddy urged US Ambassador Sergio Gor to support faster student visa appointments and smoother H-1B processing. The meeting also focused on university partnerships, research, technology, investment and stronger Telangana-US cooperation. Revanth Reddy Seeks Faster US Visa Processing Telangana Chief Minister A Revanth Reddy has urged US Ambassador to India Sergio Gor to support increased visa access for

A monthly SIP for Rs 10 crore may start at Rs 25,000 with a 10% annual step-up for 25 years. See how returns, inflation and rising contributions affect the retirement plan.   Step-up SIP plan for early retirement Retiring at 50 is an ambitious goal that requires investors to start early and invest consistently. For someone targeting a reti

Why Filing ITR Matters Even When No Tax Is Payable Filing an income tax return can remain useful even when your final tax liability is zero. A timely ITR may help you claim excess TDS, carry forward eligible investment losses, document your income, and support future loan or visa applications. Benefits of Filing ITR With Zero Tax: 5 Reasons It Matters The benefits of filing ITR with zer

Documents Needed After Changing Jobs Taxpayers who changed jobs during FY 2025-26 must combine salary and TDS details from every employer. They should also verify AIS and Form 26AS and collect records related to bank interest, rent, home loans and capital gains before filing their return. Changed Jobs This Year? Keep These Papers Ready for ITR Filing New Delhi, July 28, 2026: ITR filing after a job change in

Indo-MIM IPO Allotment and Listing Update Indo-MIM IPO allotment is expected to be finalised on July 28, 2026, after the public issue received 72.34 times subscription. Applicants can verify their share allocation through the NSE, BSE, or MUFG Intime portals using their PAN and application details. Indo-MIM IPO Allotment Status: Check Shares on NSE and BSE The Indo-MIM IPO allotment sta

Thematic Funds at a Glance Thematic mutual funds can capture long-term trends such as manufacturing, data centres, healthcare, and consumption, but they carry concentration and timing risks. Investors should study valuations, portfolio overlap, and exit plans before making a limited allocation. 7 Thematic Mutual Fund Themes for Long-Term Growth Thematic mutual fund themes for long-term

Karnataka Targets 500 New GCCs, 3.5 Lakh Jobs And $50 Billion Output By 2029 Karnataka is preparing a major expansion of its Global Capability Centre ecosystem, with a target to attract 500 new GCCs, create 3.5 lakh jobs, and generate USD 50 billion in economic output by 2029. The plan was discussed at Katalyst Connect, a government-industry interaction hosted by the IT/BT Department and the Karnataka Digital Economy Mission in Bengaluru. The move is par

AustralianSuper Invests A$500 Million In India’s NIIF As PM Modi Backs Safe Growth Prime Minister Narendra Modi has described India as a safe, stable, and reliable long-term investment destination after Australia’s largest pension fund, AustralianSuper, announced a fresh A$500 million investment in India’s National Investment and Infrastructure Fund, also known as NIIF. The AustralianSuper NIIF investment 2026 announcement became a key highlight of

Rayalaseema gains focus in Andhra’s industrial growth plan Rayalaseema is moving into the spotlight as Andhra Pradesh pushes a wider industrial development strategy aimed at taking investment beyond traditional growth centres. The region has attracted proposed investments of more than Rs 4.58 lakh crore across over 275 projects, according to reported government-linked figures. The pipeline includes 172 SIPB-approved projects and 103 proposals connected to the CI

Naidu pushes district growth mapping in Andhra Pradesh Andhra Pradesh Chief Minister N Chandrababu Naidu has directed officials to prepare district economic profiles within two months to identify growth opportunities across the State. The move is aimed at mapping sector-wise strengths and creating focused development plans for each district.

Nara Lokesh Seeks Korean Telugu Support To Boost Andhra Pradesh Investments VIJAYAWADA/SEOUL, July 7, 2026: Andhra Pradesh Minister for HRD and IT Nara Lokesh has urged the Telugu community in South Korea to support the State’s investment push by promoting Andhra Pradesh as a reliable destination for global industries. Addressing Telugu diaspora members in Seoul during his South Korea visit, Lokesh said overseas Telugus could play an important role as

India Real Estate Investment Jumps 70% To $2.9 Billion In Q2 2026 India’s real estate sector continued to draw strong institutional investor interest in the second quarter of calendar year 2026, with investments rising sharply to US$ 2.9 billion, according to a Colliers report cited by IBEF. The sector recorded a 70% year-on-year jump in Q2 2026, supported by strong participation from both domestic and foreign investors. Several large-ticket deals also

India-Russia Eye $50 Billion Investment Target By 2030 India and Russia have set a target to scale mutual investments to US$50 billion, around ₹4.41 lakh crore, by 2030, giving a fresh push to long-term economic cooperation between the two countries. The target was discussed during the India-Russia Joint Working Group on Priority Investment Projects held in Moscow. The meeting was co-chaired by India’s Department for Promotion of Industry and Interna