NEWS & VIEWS|||SARASIJ|||05-08-2026
NEWS & VIEWS|||SARASIJ|||05-08-2026 WEDNESDAY| VOL—IV/2026/AUGUST OPINIONATED, FOR FREE CIRCULATION. न गतं कर्तुं कश्चिद् धनवान् , परिश्रमेण तु भविष्यं लभ्यते। No one is rich enough to buy the past; but with effort, the future can be won. INDIA: (GOI, SWARAJYA, VISHWAMITRA, HINDU POST, INDIA TODAY). The Lok Sabha passed the Appropriation (No – 3) Bill, 2026. It provides for the authorisation of the appropriation of money from the Consolidated Fund of India to meet amounts spent on certain services during the financial year ended on the 31st March 2023 in excess of the amounts granted for those services for that year. Union Ministry of Finance proposed amendments to the Payment and Settlement Systems Act, 2007, on 3 August 2026 to reintroduce Merchant Discount Rate on select digital payment modes. The proposal seeks to remove the zero MDR provision under Section 10A, which currently bars banks and payment system providers from levying charges on online transactio...