Tag: News

Mehul Jagwani

October 12, 2026

The 57th GST Council Meeting update, announced on 8 October 2026, introduces major recommendations to simplify GST compliance for Indian businesses. Chaired by Union Finance Minister Nirmala Sitharaman, the meeting focused on faster refunds, reduced penalties, wider Input Tax Credit (ITC) eligibility and simpler GST procedures. Unlike the previous meeting, no broad GST rate changes… Continue reading 57th GST Council Meeting Highlights: Key Updates for Indian Businesses

Mehul Jagwani

September 21, 2026

Accept UPI payments? From 15 October 2026, eligible merchant payments above ₹2,000 will attract 0.4% MDR, capped at ₹300, paid by merchants. Smaller payments, personal transfers and eligible small-merchant collections remain free of MDR. We explain what this means for your costs, settlements and books. For a business owner, payment news becomes meaningful when it… Continue reading New UPI MDR Rules: What They Mean for Your Business and Your Books