business π Rahul Gandhi fights UPI tax claim amid Centre pushback π
Rahul Gandhi is demanding an immediate rollback of the new UPI merchant discount rate, calling it a "UPI tax." This demand was made by Rahul Gandhi in relation to the new framework for merchant UPI transactions in India. A 0.4% MDR will apply to specified transactions above Rs 2,000, with the policy set on Wednesday. The Centre rejected this charge, stating the MDR is not a tax and the decision was made independently. The government insists the system will remain free for consumers despite the ongoing political row.