For nearly a decade, the Unified Payments Interface (UPI) has been the crown jewel of India’s digital transformation. It democratized finance, eliminated the friction of cash, and turned the humble smartphone into a universal wallet. However, the "free" era of digital payments is approaching a structural inflection point. Starting October 15, the landscape of UPI […]
Government Reaffirms Commitment to LTCG Tax Regime: No Plans to Scrap Levy on Equities
New Delhi: In a definitive statement that settles ongoing market speculation, the Union Government has categorically ruled out any immediate plans to abolish or roll back the Long-Term Capital Gains (LTCG) tax on equity investments. The clarification, provided by the Ministry of Finance during the monsoon session of the Lok Sabha, underscores the government’s reliance […]