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Tax & ComplianceLiveMint — Money

NPCI dismisses speculation over GST burden due to UPI merchant discount rate as ‘incorrect’ — Here's what it said…

23 Sept 2026 · 3d agoSource: LiveMint — Money

The National Payments Corporation of India clarified that allegations regarding Goods and Services Tax (GST) on Unified Payments Interface (UPI) Merchant Discount Rate (MDR) burdening small merchants and making digital payments costly are incorrect.

Attribution

This digest is published with acknowledgment to LiveMint — Money. For the complete analysis, headnotes, and citations, please refer to the source.

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