π Rahul Gandhi slams Modi over UPI tax
Rahul Gandhi strongly criticized Prime Minister Narendra Modi regarding the new Merchant Discount Rate (MDR) framework for UPI transactions. The Congress leader made these remarks in New Delhi, accusing the government of bowing to pressure from the United States. This new framework introduces a 0.4% MDR on specified merchant payments above Rs 2,000 starting October 15. The opposition alleges this is a 'Modi tax' designed to benefit the US, urging Modi to stand up against foreign influence. The government maintains this MDR is not a tax, applying only to merchants, while person-to-person UPI payments remain free.