{"id":1027006,"date":"2026-08-07T08:56:03","date_gmt":"2026-08-07T03:26:03","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1027006"},"modified":"2026-08-07T10:04:31","modified_gmt":"2026-08-07T04:34:31","slug":"no-charges-on-upi-end-users-fm","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/07\/no-charges-on-upi-end-users-fm\/","title":{"rendered":"No charges on UPI end-users: FM"},"content":{"rendered":"<p>With the Opposition raising concerns over the possibility of charges on UPI transactions, Finance Minister Nirmala Sitharaman on Thursday clarified that end-users and consumers will not bear any burden. <\/p>\n<p>Parliament on Thursday passed the Taxation and Other Laws (Amendment) Bill, 2026, which, among other changes, amends the Payment and Settlement Systems Act, 2007. The Bill removes the statutory provision mandating a zero Merchant Discount Rate (MDR) on UPI and RuPay debit card transactions since 2020, triggering speculation that free UPI transactions could come to an end.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the Opposition raising concerns over the possibility of charges on UPI transactions, Finance Minister Nirmala Sitharaman on Thursday clarified that end-users and consumers will not bear any burden. Parliament on Thursday passed the Taxation and Other Laws (Amendment) Bill, 2026, which, among other changes, amends the Payment and Settlement Systems Act, 2007. The Bill removes the statutory provision mandating a zero Merchant Discount Rate (MDR) on UPI and RuPay debit card transactions since 2020, triggering speculation that free UPI transactions could come to an end.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[75,4,17],"tags":[],"class_list":["post-1027006","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1027006","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1027006"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1027006\/revisions"}],"predecessor-version":[{"id":1027046,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1027006\/revisions\/1027046"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1027006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1027006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1027006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}