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NPCI releases MDR framework for UPI transactions - Here's what changes for merchant payments

New Delhi, Sept. 15 -- The National Payments Corporation of India (NPCI) today announced merchant discount rate on UPI transactions for merchants. There is "no impact on any person-to-person transacti... Read More


MDR on UPI transactions: NPCI announces 0.4% on payments above Rs.2,000 - Check details

New Delhi, Sept. 15 -- The National Payments Council of India (NPCI) today announced merchant discount rate (MDR) on select UPI (person to merchant) transactions. In a statement released on 15 Septem... Read More


MDR on UPI transactions: NPCI announces 0.4% charge on payments over Rs.2,000 capped at Rs.300/transaction from 15 Oct

New Delhi, Sept. 15 -- The National Payments Council of India (NPCI) today announced merchant discount rate (MDR) on select unified payments interface (UPI) transactions conducted from person to merch... Read More


UPI is no longer free for all, as conditions apply

New Delhi, Sept. 15 -- The National Payments Council of India (NPCI) today announced merchant discount rate (MDR) on select unified payments interface (UPI) transactions conducted from person to merch... Read More


UPI is no longer free for all as conditions apply

New Delhi, Sept. 15 -- The National Payments Council of India (NPCI) today announced merchant discount rate (MDR) on select unified payments interface (UPI) transactions conducted from person to merch... Read More


DA news: Can employees expect a second dearness allowance hike this year during festive season?

New Delhi, Sept. 15 -- Central government employees and pensioners are expecting a second dearness allowance hike announcement during the festive season this year. There was hope earlier that a DA hik... Read More


8th pay commission: How much salary hike would fitment factor of 2.57 or 3.83 give central govt employees?

New Delhi, Sept. 14 -- The 8th Central Pay Commission (CPC) in is in its consultation stage, with plans to engage with employee and pensioner associations, federations, and unions of central governmen... Read More


DA update: How is dearness allowance calculated? Here's why there is demand for change in the formula

New Delhi, Sept. 14 -- Dearness Allowance (DA) is a percentage of the basic salary component for central government employees and pensioners which seeks to address rising cost-of-living. It is reviewe... Read More


Bank holiday today: Are SBI, HDFC, ICICI branches closed on Monday, 14 September, for Ganesh Chaturthi?

Bank holiday today, Sept. 14 -- Public and private banks in multiple cities will remain closed today, on Monday, 14 September, on account of Ganesh Chaturthi, according to the Reserve Bank of India's ... Read More


EPFO now on WhatsApp: View PF balance, last five transactions, track claim status - Here's how members can join

New Delhi, Sept. 14 -- The Employees' Provident Fund Organisation (EPFO) has launched WhatsApp services for members, the retirement fund savings body announced in a post on social media platform X (fo... Read More