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Corporate Compliance 16 September 2026

UPI Free, ICSI Feedback, GST Fraud

India’s finance ministry confirms UPI payments will stay free of charges while the Institute of Company Secretaries of India pushes MCA21‑V3 portal reforms, seeking time‑bound refunds, a dedicated e‑form for secretarial auditor notices, and broader user feedback. Meanwhile, CGST busts a Rs 6.55 crore pharma fraud in Sirmaur, Calcutta High Court eases a Rs 1.18 crore GST demand, and TRAI fines Vodafone Idea Rs 2 lakh for service lapses.

UPI Transactions Stay Free – The Finance Ministry says no charges on UPI payments. Read more

ICSI Seeks MCA21‑V3 Reforms – Calls for member input on portal issues, time‑bound refunds for incorporation fees, and a new e‑form for secretarial auditor notices. Deadline Sept 15. Details

  • Refunds proposal: link
  • Dedicated e‑form: link

GST Fraud Uncovered – CGST officials bust a Rs 6.55 crore fraud in Sirmaur; pharma MD arrested. Read article

Calcutta HC Relieves GST Demand – Court sets aside Rs 1.18 crore demand and grants ITC relief for delayed GSTR‑3B filing. Read article

Vodafone Idea Penalty – TRAI fines the telecom operator Rs 2 lakh for quality‑of‑service lapses. Read more

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UPI Free, ICSI Feedback, GST Fraud | Legal Suvidha