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    UPI Charge Not Tax, 96% Transactions Won't Be Unaffected: Government Sources

    NDTV
    September 24, 2026
    via NDTV

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    UPI Charge Not Tax, 96% Transactions Won't Be Unaffected: Government Sources

    The government and the National Payments Corporation of India (NPCI), which operates UPI, have said that MDR is a merchant-side payment-processing charge, not a tax, cess or surcharge.

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