India News Update

The Indian government has made significant changes to its financial and digital payment systems.
- The Lok Sabha has passed a bill to amend the Payment and Settlement Systems Act, giving the government the power to permit banks to levy charges on UPI transactions.
- The government has introduced new rules for TDS on commission, with a threshold limit of ₹20,000 and a TDS rate of 2%.
- The FSSAI has announced that it will not extend the deadline for energy drink labeling changes.
- The Supreme Court has issued a notice on the Centre's appeal in the Airtel and Vi spectrum charge case.
- For more information, visit the original source articles: https://scanx.trade/stock-market-news/companies/nclt-allows-rectification-in-max-healthcare-legal-dispute/47678377, https://www.nktv.in/lok-sabha-passes-bill-to-authorise-govt-to-permit-banks-to-levy-charges-on-upi-transactions/,
- The DPIIT-recognized start-ups are now eligible for “Source from India” on DGFT Trade Connect: https://thetaxcorp.in/article/dpiit-recognized-start-ups-now-eligible-for-source-from-india-on-dgft-trade