Daily Digest
No GST on MDR for UPI transactions: C. Rangarajan
Published Monday, October 5, 2026 · Updated October 6
Narrative Spectrum
- Single-Source Coverage — 1 source
What We Know — Key Points
Key points are extracted by an AI model and may contain errors or omissions. Always check the original sources.- The new UPI Payment Rules 2026 stipulate a 0.4% MDR fee for person-to-merchant transactions above ₹2,000 from October 15, 2026.
What Is Claimed — Perspectives
Single-Source Coverage
- The Hindu
The article emphasizes the debate around levying GST on UPI transactions and the broader implications of digital payment expansion, including financial exclusion and the need for equitable access.
- Read original →· Oct 6
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