Tuesday, 29 September 2026Updated 5m ago
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Supreme Court questions Centre, calls for 'facts' over MDR for UPI transactions over ₹2,000

1 source · first seen 08:48 29 Sept · updated 08:48 29 Sept

The brief

Written from 1 report · check the source before you trade
  • The court questioned the legal basis for MDR on UPI transactions over ₹2,000
  • Person-to-person transfers remain free
  • Any MDR change could affect payment costs for Indian merchants and fintech firms

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37 stories this week
  1. 28 SeptSupreme Court declines interim stay on UPI MDR levy above ₹2,000Legal · 4 sources · Supreme Court declined an interim stay on MDR for UPI transactions above ₹2,000
  2. 28 SeptIf neither tax nor fee, what is this ‘expropriation’, Supreme Court asks Govt on UPI MDR chargesLegal · 2 sources · Supreme Court asked the government whether UPI MDR is a tax or fee, or ‘expropriation’
  3. 28 SeptSupreme Court refuses to stay UPI charges above ₹2,000; seeks Centre’s explanationLegal · 6 sources · The new framework sets a 0.4% charge on specified UPI payments above ₹2,000
  4. 28 SeptSupreme Court reserves verdict on FSSAI’s front-of-pack warning labelsLegal · 5 sources · The Supreme Court reserved its judgment on the proposed packaged-food labelling framework
  5. 28 SeptFood companies challenge FSSAI red warning labels in Supreme CourtLegal · 2 sources · Major food companies oppose red labels for products high in salt, sugar or fat
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Read the reports

1 report · earliest 08:48
Hindustan TimesSupreme Court questions Centre, calls for 'facts' over MDR for UPI transactions over ₹2,00008:48