MDR rollout will be monitored to protect usersTax issues Levy of goods & services tax on MDR can be taken up by GST Council, ITC may be used by merchants.
UPI MDR could cost 47.2 bps with GST for merchantsThe new framework introduces a 0.4% MDR on person-to-merchant UPI transactions above Rs 2,000, capped at Rs 300 on transactions of Rs 75,00...
FMCG distributors seek zero-MDR for UPI transactions; write to PMThe association urged the government to address the implications of calculating the merchant discount rate on gross payments and resulting ...
MDR fears groundless, AI accountability lies with boards: RBI Dy Governor SC MurmuTackling industry anxieties head-on at the Bengal Chamber of Commerce & Industry's (BCC&I) Financial Market Conclave in Mumbai, Reserve Ban...
UPI MDR kicks in October 15: RBI DG says merchant fee on payments above Rs 2,000 won’t trigger cash surgeIn a recent statement, RBI Deputy Governor Shirish Chandra Murmu clarified that adopting a Merchant Discount Rate won't necessarily encoura...
Rediff.com's IPO plans may get a fresh UPI tailwind as new MDR regime kicks inRediff.com's upcoming initial public offering (IPO) may find additional monetisation avenues as a result of the government's decision to le...
Sebi to examine discount brokers’ concerns over new UPI MDRSebi is set to investigate the issues raised by discount brokers regarding new UPI charges that will impact large fund transfers starting O...
New-age brokers Groww, Zerodha, others to write to Sebi on UPI MDR: SourcesThe representation from brokers is likely to propose capping the charge at Rs 5 instead of Rs 300, raising the zero-MDR threshold from Rs 2...
Manipal Payment & Identity Solutions lists at 2% discount to IPO priceManipal Payment & Identity Solutions made a weak stock market debut after its Rs 805-crore IPO was subscribed 1.26 times overall. The share...
New UPI MDR Explained: Impact on mutual funds, brokers & investorsThe implementation of a new 0.02% merchant discount rate will influence certain UPI transactions, including one-time contributions to mutua...
Online sales of mobiles & laptops hit a rough patch on weaker entry-level demand, fewer online discountsCounterpoint Research data showed an almost identical drop in online contribution to smartphone sales. Researchers and industry executives ...
UPI MDR may attract 18% GST; eligible merchants can claim input tax creditEffective October 15, UPI payments to merchants (P2M) above Rs 2,000 will attract a 0.4% merchant discount rate with an overall cap of Rs 3...
Return of MDR a key step towards making UPI sustainable and enabling further growth: ExpertsEffective October 15, UPI payments to merchants (P2M) above Rs 2,000 will attract a 0.4% merchant discount rate with an overall cap of Rs 3...
Proposed UPI MDR structure doesn't make sense for broking, could raise costs: Nithin KamathThe proposed Merchant Discount Rate (MDR) on UPI transactions could create significant costs for stockbrokers even when customers do not ex...
Honda September 2026 offers: Amaze, City, Elevate get up to Rs 2.44 lakh festive discountsHonda September 2026 offers: Honda Cars India has rolled out festive season discounts of up to Rs 2.44 lakh across its Amaze, City and Elev...
Tata Sons may be valued at steep discount of up to ₹12.5 lakh crore in IPOTata Sons' potential IPO valuation is estimated between ₹9-12.5 lakh crore., reflecting a discount on its underlying portfolio worth ₹15-16...
ETtech Explainer: What changes for Amazon, Flipkart, & consumers with the new ecommerce rules?With an aim to strengthen consumer protection while creating a “transparent and balanced regulatory framework” for ecommerce, the governmen...