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Finance | UPI MDR on Select Merchant Transactions Deferred Until After Diwali: What Businesses Must Know

13 Oct 2026 · 1d agoBy CA Sandeep KanoiSource: TaxGuru

National Payments Corporation of India (NPCI) announced on 13 October 2026 that the UPI and Services Steering Committee had decided to implement Merchant Discount Rate (MDR) on select person-to-merchant (P2M) UPI transactions only after Diwali. The post UPI MDR on Select Merchant Transactions Deferred Until After Diwali: What Businesses Must Know appeared first on TaxGuru .

Attribution

Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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