PoliticsSupreme Court Questions Government, RBI on UPI MDR Charges
The Supreme Court is hearing a challenge against the imposition of MDR (Merchant Discount Rate) on UPI transactions above ₹2000. During the hearing, the court asked the central government, RBI, and NPCI to clarify whether the MDR is a tax or a fee, and if not a fee, what the legal basis for collecting it is. Justice Joymalya Bagchi raised these questions.
News18 Hindi·1h ago



