The record
Written by software from the 1 report below. The points restate them; where one says why it matters, that is Prism's reading, not a reported fact.
- Starting October 15, 2026, merchants will be required to pay a 0.4% MDR on UPI transactions over 2,000 rupees.
- Petrol pump dealers specifically face a 5 rupee charge per transaction, which they argue will negatively impact their existing profit margins.
- The All India Petroleum Dealers Association has requested an exemption from these fees from the Ministry of Petroleum and Natural Gas.
- Some dealer organizations have warned they will stop accepting UPI payments over 2,000 rupees if the government does not grant the requested exemption.
What to watch next
- Government decision on the exemption request from the All India Petroleum Dealers Association.
- Potential cessation of UPI payments over 2,000 rupees at petrol pumps starting October 15, 2026.
- Department of Financial Services review of the MDR fee structure for the fuel sector.
Who said what1
Only words found exactly in the article are shown, attributed and linked to the line they came from.
Ajay Bansode
President of the All India Petroleum Dealers Association
1 quote · 1 outlet
“ऑल इंडिया पेट्रोलियम डीलर्स असोसिएशन या संघटनेने पेट्रोल पंपाला MDR शुल्कातून सूट देण्यात यावी अशी मागणी केली आहे.”
In the article
…विक्रीवर अवलंबून असते. त्यामुळे हे अतिरिक्त शुल्काचे ओझे त्यांच्या उत्पन्नावर पूर्णपणे दबाव टाकू शकतात. परिणामी मिळणारा नफा कमी होऊ शकतो असे डीलर्स मंडळींचे सांगणे आहे. पेट्रोल पंप डीलर्स यांची सरकारकडे मागणी ऑल इंडिया पेट्रोलियम डीलर्स असोसिएशन या संघटनेने पेट्रोल पंपाला MDR शुल्कातून सूट देण्यात यावी अशी मागणी केली आहे. संघटनेचे अध्यक्ष अजय बनसोडे यांनी देशाचे केंद्रीय अर्थमंत्री निर्मला सीतारामन यांना याबद्दल पत्र लिहिले आहे. त्याचबरोबर देशभरातील तमाम पेट्रोल पंप डीलर्स यांनी पेट्रोलियम मंत्रालयाच्या वरिष्ठ अधिकाऱ्यांसमोर आपल्या…
Coverage1
All filed from India
Named India · Ajay Bansode · All India Petroleum Dealers Association · Department of Financial Services · Ministry of Petroleum and Natural Gas · Nirmala Sitharaman
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