Government may allow fees on UPI payment above Rs 2k | India News
NEW DELHI: Govt is likely to allow a levy of 0.25% to 0.4% as merchant discount rate (MDR) or charges on UPI payments above Rs 2,000 made to businesses, while keeping payments made by one person to another outside the ambit.The Taxation and Other Laws (Amendment) Bill, moved by FM Nirmala Sitharaman on Tuesday, has…