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If neither tax nor fee, what is this ‘expropriation’, Supreme Court asks Govt on UPI MDR charges

1 source · first seen 13:07 28 Sept · updated 13:07 28 Sept

The brief

Written from 1 report · check the source before you trade
  • Supreme Court asked the government whether UPI MDR is a tax or fee, or ‘expropriation’
  • Court refused an interim stay but issued notice
  • The case leaves payment firms and merchants facing uncertainty over UPI transaction charges

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Read the reports

1 report · earliest 13:07
The HinduIf neither tax nor fee, what is this ‘expropriation’, Supreme Court asks Govt on UPI MDR charges13:07