‘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.

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