UPI MDR of 0.4% will apply to P2M transactions above ₹2,000 from 15 October. NPCI says GST paid on MDR can be adjusted against GST payable on sales through input tax credit. Small merchants with ...

The MDR could pressure margins for retailers with larger baskets, while lower-ticket businesses remain largely insulated.

More than 96 per cent of UPI merchant transactions will remain exempt from Merchant Discount Rate (MDR), the National Payments Corporation of India said on Tuesday, clarifying that small traders will ...

UPI will introduce a merchant discount rate on higher-value transactions from October 15, 2026, while small payments and ...

The government's clarification on UPI Merchant Discount Rate (MDR) has sparked concerns among employers and households regarding its impact on salary and domestic worker payments.

UPI users will see two different ₹-based rules that can easily be confused: the ₹2,000 MDR threshold and the UPI transaction ...

The National Payments Corporation of India (NPCI) will introduce a 0.4% merchant discount rate (MDR) on Unified Payments Interface (UPI) transactions exceeding Rs2,000 ($20.8) with the charges to be a ...

Finance Ministry has rejected allegations of US influence over UPI charges and has maintained that that the new MDR rules do ...

Discover how the 18% GST on UPI merchant discount rate (MDR) will affect businesses, especially exempt sectors and those with thin margins. Understand compliance challenges and cost implications for ...

From October 15, merchant payments (P2M) above Rs 2,000 will attract an MDR of 0.4%, subject to an overall cap of Rs 300. A concessional flat MDR of Rs 5 will apply to transactions above Rs 2,000 in ...