organization · 3 records
Standing Committee on Finance
UPI charges row: Chidambaram among 5 Congress MPs who had backed revenue framework
A parliamentary Standing Committee on Finance report, which included Congress MPs, recommended implementing a revenue framework for UPI transactions to ensure ecosystem sustainability.
5 outlets · 2 languages Markets read
No question of rollback: Govt defends UPI charges
The Indian government has rejected calls to withdraw a new 0.4 percent Merchant Discount Rate on high-value UPI transactions, denying claims of foreign influence.
2 outlets Markets read

Congress divided over UPI charges: Rahul Gandhi opposes, MPs supported
Disagreement emerges within the Indian National Congress as party members were part of a parliamentary committee that recommended UPI merchant discount rates, while Rahul Gandhi opposes the move.
1 outlet Markets read