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The team at iFactor is knowledgeable, responsive, and genuinely cares about our success. We are grateful for their partnership and will continue to work with them for all our financial needs..
Vishal Patel
CEO, SP Chips & Potato Pvt Ltd
Featured News
No more tax wishlists? FM Sitharaman asks experts to make the case for what should go
Finance Minister Nirmala Sitharaman urged tax professionals and industry bodies to move beyond demands for exemptions and rate cuts, asking them to identify provisions that no longer serve the tax system, even when they benefit from them. She said India remains better placed economically despite global challenges and sought evidence-based tax reforms.
Explainer -- India's UPI MDR shake-up: What changes and why it matters
India will soon introduce a merchant discount rate on UPI payments. This fee applies to transactions exceeding two thousand rupees with merchants. Some small merchants and rural areas will be excluded from this new charge. This move aims to make the UPI system more self-sustainable and expand its reach. Consumers are not expected to directly pay these new transaction fees.
