Mdr
- POLICYPOLICY · 2 min
Parliament clears taxation bill enabling MDR on certain UPI payments
The Indian Parliament cleared The Taxation and Other Laws (Amendment) Bill, 2026, which could pave the way for introducing a merchant discount rate (MDR) on certain UPI payments.
10 Aug, 11:28 pm IST - INDIAINDIA · 2 min
India clears path to charge MDR on UPI transactions
The Lok Sabha passed the Taxation and Other Laws (Amendment) Bill, 2026, on August 6, enabling the introduction of a Merchant Discount Rate (MDR) on some U…
09 Aug, 01:28 pm IST - INDIAINDIA · 2 min
FM Sitharaman says MDR on UPI will impact businesses, not users
Finance Minister Nirmala Sitharaman stated that the merchant discount rate (MDR) on Unified Payments Interface (UPI) transactions will affect businesses rather than users.
07 Aug, 01:29 am IST - POLICYPOLICY · 2 min
RBI governor says UPI MDR talks premature amid government amendments
Reserve Bank of India Governor Sanjay Malhotra said on Wednesday that discussions on reintroducing the merchant discount rate (MDR) for UPI transactions are premature.
06 Aug, 03:29 pm IST