‘Neither Tax, Nor Cess’: Sitharaman Says UPI MDR Won’t Burden Customers, Accuses Oppn Of ‘Misinformation’
News18 - Sep 22, 2026
The clarification comes after the NPCI announced a revised MDR framework on September 15 under which a 0.4% MDR will apply to specified (P2M) UPI transactions above Rs 2,000.