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Parliament passes Taxation and Other Laws Amendment Bill

The Indian Parliament has passed the Taxation and Other Laws (Amendment) Bill following its approval in the Rajya Sabha on Monday. Finance Minister Nirmala Sitharaman addressed concerns regarding digital payments, confirming that the legislation does not impose taxes or transaction charges on Unified Payments Interface (UPI) services. The bill, which had previously cleared the Lok Sabha, was returned by the Rajya Sabha via voice vote following a discussion.

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Glimpses of the new Parliament Building, in New Delhi (2)
File photo: Ministry of Parliamentary Affairs / GODL-India, via Wikimedia Commons

What Happened

The Rajya Sabha passed the Taxation and Other Laws (Amendment) Bill on Monday, completing the parliamentary approval process for the legislation. During the session, Finance Minister Nirmala Sitharaman clarified that the bill contains only enabling provisions and does not introduce any new taxes or transaction fees for UPI users. The proceedings in the upper house included a discussion and a subsequent voice vote, following the bill's earlier passage in the Lok Sabha.

The government stated that UPI has remained free for consumers since its inception and that this policy will continue. While the bill has been cleared, the Finance Minister noted that no specific framework regarding Merchant Discount Rates has been finalized at this time. The legislative session also saw the passage of the Bankers Books Evidence Bill amid an Opposition walkout.

Key Facts

  1. The Taxation and Other Laws (Amendment) Bill was passed by the Rajya Sabha on Monday.
  2. The bill was previously approved by the Lok Sabha.
  3. Finance Minister Nirmala Sitharaman stated that UPI will remain free for consumers.
  4. The government clarified that the bill does not impose any new transaction charges on UPI.
  5. The Rajya Sabha returned the bill following a voice vote.

The Timeline8

Every article on this story, in the order it was filed. We do not rank the outlets.

  1. 10 Aug

Show all 8 articles
  1. 11 Aug

Where This Is Being Covered4 languages

Languages

Newsrooms carrying this story, by publication language.

  • English5 outlets
  • Tamilதமிழ்1 outlet
  • Kannadaಕನ್ನಡ1 outlet
  • Odiaଓଡ଼ିଆ1 outlet

Regional reach

States where a local newsroom is carrying this. National mastheads and wire agencies circulate everywhere and are counted separately, not drawn on the map.

Jammu & Kashmir: No local newsroomLadakh: No local newsroomPunjab: No local newsroomChandigarh: No local newsroomHimachal Pradesh: No local newsroomUttarakhand: No local newsroomHaryana: No local newsroomDelhi NCR: No local newsroomUttar Pradesh: No local newsroomRajasthan: No local newsroomGujarat: No local newsroomDadra & Nagar Haveli and Daman & Diu: No local newsroomMaharashtra: No local newsroomGoa: No local newsroomMadhya Pradesh: No local newsroomChhattisgarh: No local newsroomBihar: No local newsroomJharkhand: No local newsroomWest Bengal: No local newsroomOdisha: SambadSikkim: No local newsroomArunachal Pradesh: No local newsroomAssam: No local newsroomNagaland: No local newsroomMeghalaya: No local newsroomManipur: No local newsroomTripura: No local newsroomMizoram: No local newsroomTelangana: No local newsroomKarnataka: Prajavani, Deccan HeraldAndhra Pradesh: No local newsroomKerala: No local newsroomTamil Nadu: Daily ThanthiPuducherry: Daily ThanthiLakshadweep: No local newsroomAndaman & Nicobar: No local newsroom
  • No local newsroom
  • 1 outlet
  • 2 or more

4 states with local coverage. Concentrated in the South. Also carried by 4 national mastheads.

About This Analysis

One summary, built from every source. No single newsroom's voice.

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Articles
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Key facts

Paksh: the sides a story is told from. 8 newsrooms filed on this one, and every filing is listed above.

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