Parliament Passes Taxation Bill

The Parliament has passed the Taxation Bill, a significant move that aims to reform the country's tax structure. As part of this bill, Finance Minister Nirmala Sitharaman has announced that there will be no fees on UPI transactions. This decision is expected to promote digital payments and encourage more people to use online transaction methods. The move is seen as a step towards a more digital economy. The Taxation Bill is a comprehensive legislation that covers various aspects of taxation, including income tax, goods and services tax, and other levies.