MPs raise concern over 0.4% UPI fee on payments at Parliament panel meet ...Middle East

MPs, mostly belonging to the Opposition, on Wednesday expressed concern over the government's decision to levy a fee on UPI payments above Rs 2000 to merchants, claiming that the entire population of the country would be affected due to the "anti-people" move. Chairman of the Parliamentary Standing Committee on Finance Bhartruhari Mahtab said that some MPs raised the issue at the meeting and said that it may be taken up at the next meeting of the panel. RSP MP NK Premchandran, who is a member of the committee, said that the entire population of the country would be affected by the government's decision to levy a fee on payments of above Rs 2000 to merchants. "It is a completely anti-people decision," Premchandran said. Ending nearly six years of fully free UPI payments, the government on Tuesday introduced a 0.4 per cent fee on transfers worth more than Rs 2,000 made to merchants through UPI from October 15, while explicitly ring-fencing everyday person-to-person transactions as we

Hence then, the article about mps raise concern over 0 4 upi fee on payments at parliament panel meet was published today ( Wednesday 16/09/2026 - 11:51 AM ) and is available on Business Standard ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( MPs raise concern over 0.4% UPI fee on payments at Parliament panel meet )

Also on site :

• Canon EOS R8 Mark II Full-Frame Mirrorless Camera Announced; First Look YouTube Video R8 II Camera - Canon EOS R8 Mark II Livestream Panel - Tune in at B&H Photo
• TestMu AI führt den „Assurance Lifecycle" in Kane CLI ein und wandelt Anforderungsdokumente in eine nachweisbare Testabdeckung um
• LITFINCON Europe se déroule à Amsterdam les 7 et 8 octobre, avec la participation de Burford, Therium, WTW, CAC Specialty, Susman Godfrey et Ignite Specialty Risk