Fleebs-Logo
Details werden geladen...

PIL in SC against govt's 0.4% MDR on UPI transactions above Rs 2,000 - Rediff.com India News

A Public Interest Litigation has been filed in the Supreme Court challenging the Centre's decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI person-to-merchant transactions exceeding Rs 2,000. The plea argues that the levy was introduced without adequate statutory safeguards, transparency, or public consultation, and questions its constitutional validity and potential adverse effects on merchants and consumers.