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OPPOSITION ALLEGATIONS ON UPI
UPI MDR decision completely professional, no external pressure: FM SitharamanTalking to PTI, Sitharaman said the decision was completely professional, and it was taken jointly by the National Payments Corporation of ...- FM Nirmala Sitharaman rejects UPI MDR 'misconception,' says charge won't be passed to consumersFinance Minister Nirmala Sitharaman confirmed that the Merchant Discount Rate on UPI payments above Rs 2,000 will not be passed to consumer...
- FM Nirmala Sitharaman clarifies UPI MDR charges won't affect consumers, hits out at opposition over misinformationFinance Minister Nirmala Sitharaman stated Merchant Discount Rate charges will not be passed to consumers. She clarified these charges are ...
- Supreme Court rejects Centre's plea on private complaints in Companies Act fraud casesThe Supreme Court rejected the Centre's plea regarding private complaints in fraud cases. Special courts cannot take cognisance of such com...
- UPI charges could reverse digital payments gains, push users back to cash, says ex-NITI VC Rajiv KumarFormer NITI Aayog vice-chairman Rajiv Kumar has urged the government to keep UPI merchant payments free for a few more years, warning that ...
- 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.
- Finance Ministry rejects US pressure claims over new UPI MDR, says RuPay has no special edgeIndia's Finance Ministry rejects claims of US influence on UPI payment charges. The new framework prioritizes RuPay credit cards for UPI tr...
- Congress calls UPI move 'anti-national', alleges US pressureThe Congress party has voiced strong opposition to the implementation of a merchant discount rate (MDR) on UPI transactions, alleging that ...
- India's cultural, civilisational renaissance remained incomplete after Independence: Rajnath SinghDefence Minister Rajnath Singh stated India's cultural renaissance remained incomplete after independence. He attributed this to appeasemen...
- FinMin allays fears of increase in cash transactions post UPI MDR levy: SourcesThe Finance Ministry anticipates no rise in cash transactions following the UPI MDR implementation. Only a small percentage of total UPI vo...
- No US pressure in UPI MDR decision; NPCI circular offers no advantage to foreign credit cards: FinMinThe Department of Financial Services (DFS) issued the clarification in response to observations in the US Trade Representative's (USTR) 202...
- Attempt to divert attention from backlash over UPI tax: Congress on govt's Parl panel claimsCongress denies supporting a parliamentary committee's report on UPI payment fees. The party accuses the government of diversion after a si...
- Sebi bars two entities over alleged price manipulationSebi has barred two Delhi-based firms and their directors from the securities market. Wrongful gains totaling ₹28 crore were ordered impoun...
- Finance Ministry rejects foreign influence claims over UPI MDR, says India's digital payments decisions are made independentlyIndia's finance ministry rejected claims of foreign pressure influencing UPI transaction charges. A 0.4% Merchant Discount Rate will apply ...
- 'Narendra's Ongoing Trump Appeasement': Congress' dig at Prime Minister on UPI moveCongress criticises the government for introducing charges on UPI transactions for merchants. This move is seen as appeasing United States ...
- Stage being set for levying UPI transaction fee: Cong slams govtCongress criticizes the government's UPI transaction notification. The party claims this move sets a stage for future user fees. This notif...
- "I am happy to be Dimagi Naxal": P Chidambaram slams PM Modi's "naraaz fufa" jibe as meaninglessP Chidambaram embraces the label 'Dimagi Naxal' in response to Prime Minister Modi's remarks, considering it a badge of honor. He brushes o...
- Government offer of Shah's statement on student protests fails to end Parliament deadlockParliamentary proceedings remain stalled as the Congress demands Prime Minister Modi's reply. The government offered a debate on student pr...
- Communists in country are total cowards: FM SitharamanFinance Minister Nirmala Sitharaman labeled communists as "cowards" in the Rajya Sabha. She accused CPI(M) member John Brittas of spreading...
- MDR on UPI will impact businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam RameshSitharaman accused the opposition leader of "spreading a canard" and clarified that MDR "applies only on the merchants and not on the end u...
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