Finance Ministry says no plan to levy MDR charge on UPI transactions

Finance Ministry says no plan to levy MDR charge on UPI transactions

Follow Us on Google News New Delhi, June 11 (IANS) The Finance Ministry on Wednesday said that “speculation and claims that the MDR (merchant discount rate) will be charged on UPI transactions are completely false, baseless, and misleading”. “Such baseless and sensation-creating speculations cause needless uncertainty, fear and suspicion among our citizens. The Government remains … Read more

No plan to levy GST on UPI transactions over Rs 2,000: Govt

No plan to levy GST on UPI transactions over Rs 2,000: Govt

Follow Us on Google News New Delhi, April 18 (IANS) The Finance Ministry on Friday made it clear that the government is not considering any proposal to levy Goods and Services Tax (GST) on UPI transactions over Rs 2,000. “The claims that the Government is considering levying Goods and Services Tax (GST) on UPI transactions … Read more