PoliticsSupreme Court Questions Centre on MDR for UPI Transactions Over ₹2,000
The Supreme Court on Monday asked the Centre to respond to a petition challenging the government's decision to impose a Merchant Discount Rate (MDR) on UPI person-to-merchant transactions exceeding ₹2,000. The bench led by CJI Surya Kant requested factual details in a short affidavit and questioned the legal basis and executive authority for the MDR charge, which is set to begin on October 15.
HT Business·1d ago



