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      <title>UPI MDR Rule: Why the New Charge Is Not a Tax on Consumers</title>
      <link>https://www.nnnbuzz.com/news/upi-mdr-rule-why-the-new-charge-is-not-a-tax-on-consumers</link>
      <description>&lt;a href="https://www.nnnbuzz.com/news/upi-mdr-rule-why-the-new-charge-is-not-a-tax-on-consumers"&gt;&lt;img alt="UPI MDR Rule: Why the New Charge Is Not a Tax on Consumers" src="https://server.nnnbuzz.com/api/image/view/new/upi-mdr-rule-why-the-new-charge-is-not-a-tax-on-consumers.jpg"&gt;&lt;/a&gt;&lt;p&gt;UPI payments above ₹2,000 are set to attract a 0.4% MDR under the new framework. Finance Minister Nirmala Sitharaman says the charge is neither a tax nor a cess and will not be passed on to consumers. The cost will be handled within the payment ecosystem.&lt;/p&gt;</description>
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