{"id":9478,"date":"2026-08-07T00:00:28","date_gmt":"2026-08-07T00:00:28","guid":{"rendered":"https:\/\/koshalsambada.in\/?p=9478"},"modified":"2026-08-07T00:00:28","modified_gmt":"2026-08-07T00:00:28","slug":"upi-charges-lok-sabha-passes-bill-for-government-to-make-changes-india-news","status":"publish","type":"post","link":"https:\/\/koshalsambada.in\/?p=9478","title":{"rendered":"UPI charges: Lok Sabha passes bill for government to make changes | India News"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div data-articlebody=\"1\"><video-embed value=\"false\"\/><\/p>\n<div class=\"ihgno clearfix  \">\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-133017920,imgsize-109048,width-400,height-225,resizemode-4\/new-delhi-aug-06-ani-union-finance-minister-nirmala-sitharaman-speaks-in-the.jpg\" alt=\"UPI charges: Lok Sabha passes bill for government to make changes\" title=\"The FM said the charge will apply to merchants and not to users and will help banks and fintech invest in infrastructure and innovation\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<div class=\"Ta7d_ img_cptn\"><span title=\"The FM said the charge will apply to merchants and not to users and will help banks and fintech invest in infrastructure and innovation\">The FM said the charge will apply to merchants and not to users and will help banks and fintech invest in infrastructure and innovation<\/span><\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>NEW DELHI: The Lok Sabha on Thursday passed a bill that seeks to ease tax rules to attract investments and remove the existing legal provision that prevents banks and payment service providers from charging Merchant Discount Rate (MDR) on notified electronic payment modes.<span class=\"id-r-component br\" data-pos=\"2\"\/>The bill \u2014 passed without discussion amid din \u2014 also proposes to remove the linkage between the Payment and Settlement Systems Act and the I-Tax Act and give legal backing to the government to modify the zero-MDR framework on UPI and RuPay card transactions. Outside the House, however, there was an exchange between FM <\/p>\n<div class=\"LEzX4\">\n<div class=\"PmOGb\">\n<p class=\"PSf84\">Share your thoughts in the comments<\/p>\n<\/div>\n<p><button type=\"button\" class=\"sUTYm \">Insightful<\/button><button type=\"button\" class=\"sUTYm \">Agree<\/button><button type=\"button\" class=\"sUTYm \">Disagree<\/button><button type=\"button\" class=\"sUTYm \">Skeptical<\/button><button type=\"button\" class=\"sUTYm \">Concerning<\/button><button type=\"button\" class=\"sUTYm \">Promising<\/button><button type=\"button\" class=\"sUTYm \">Worth Reading<\/button><button type=\"button\" class=\"sUTYm \">Big Development<\/button><\/p>\n<p><textarea class=\"T9MbS\" rows=\"1\" placeholder=\"Add your Thoughts...\"\/><button type=\"button\" class=\"ZW6JD \" disabled=\"\">Post Comment<\/button><\/p>\n<p class=\"swnca\">Be respectful \u00b7 <a href=\"https:\/\/www.indiatimes.com\/termsandcondition\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"gkv0P\">TOI community guidelines<\/a><\/p>\n<\/div>\n<p><a href=\"https:\/\/timesofindia.indiatimes.com\/topic\/nirmala-sitharaman\" styleobj=\"[object Object]\" class=\"\" commonstate=\"[object Object]\" frmappuse=\"1\" target=\"_blank\" rel=\"noopener\">Nirmala Sitharaman<\/a> and Congress MP Jairam Ramesh. Ramesh said the bill opens the doors for MDR. The FM responded, saying the charge will apply to merchants and not to users and will help banks and fintech invest in infrastructure and innovation.<span class=\"id-r-component br\" data-pos=\"9\"\/>\u201cMore importantly, the UPI and services steering committee headed by NPCI is yet to decide on the MDR. This will happen after Parliament passes the Taxation and Other Laws (Amendment) Bill, 2026&#8230; All this could have been discussed on the floor of the House if your party @INCIndia (Congress) engages constructively in Parliament when the bill was\/is tabled,\u201d she said.<span class=\"id-r-component br\" data-pos=\"11\"\/>While leaving person-to-payments outside MDR\u2019s ambit, banks and fintechs may be permitted to charge 0.25% to 0.4% on payments to businesses in excess of Rs 2,000 with an overall ceiling on how much can be charged.<span class=\"id-r-component br\" data-pos=\"13\"\/>Officials have argued that the levy will be lower than what is charged on credit and debit cards, and most merchants will not pass it on to consumers.<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/india\/upi-charges-lok-sabha-passes-bill-for-government-to-make-changes\/articleshow\/133017916.cms\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The FM said the charge will apply to merchants and not to users and will help banks and fintech invest in infrastructure and innovation NEW DELHI: The Lok Sabha on Thursday passed a bill that seeks to ease tax rules to attract investments and remove the existing legal provision that prevents banks and payment service [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9479,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-9478","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-31"],"magazineBlocksPostFeaturedMedia":{"thumbnail":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/new-delhi-aug-06-ani-union-finance-minister-nirmala-sitharaman-speaks-in-the.jpg","medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/new-delhi-aug-06-ani-union-finance-minister-nirmala-sitharaman-speaks-in-the.jpg","medium_large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/new-delhi-aug-06-ani-union-finance-minister-nirmala-sitharaman-speaks-in-the.jpg","large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/new-delhi-aug-06-ani-union-finance-minister-nirmala-sitharaman-speaks-in-the.jpg","1536x1536":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/new-delhi-aug-06-ani-union-finance-minister-nirmala-sitharaman-speaks-in-the.jpg","2048x2048":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/new-delhi-aug-06-ani-union-finance-minister-nirmala-sitharaman-speaks-in-the.jpg","blogsy-small":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/new-delhi-aug-06-ani-union-finance-minister-nirmala-sitharaman-speaks-in-the.jpg","blogsy-small-tall":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/new-delhi-aug-06-ani-union-finance-minister-nirmala-sitharaman-speaks-in-the.jpg","blogsy-small-square":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/new-delhi-aug-06-ani-union-finance-minister-nirmala-sitharaman-speaks-in-the.jpg","blogsy-small-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/new-delhi-aug-06-ani-union-finance-minister-nirmala-sitharaman-speaks-in-the.jpg","blogsy-medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/new-delhi-aug-06-ani-union-finance-minister-nirmala-sitharaman-speaks-in-the.jpg","blogsy-medium-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/new-delhi-aug-06-ani-union-finance-minister-nirmala-sitharaman-speaks-in-the.jpg","blogsy-large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/new-delhi-aug-06-ani-union-finance-minister-nirmala-sitharaman-speaks-in-the.jpg","blogsy-wide":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/new-delhi-aug-06-ani-union-finance-minister-nirmala-sitharaman-speaks-in-the.jpg"},"magazineBlocksPostAuthor":{"name":"admin","avatar":"https:\/\/secure.gravatar.com\/avatar\/8709732a479614e7a8aa24d3eb1b239f30dc6d90c61464ed495001e7a469d856?s=96&d=mm&r=g"},"magazineBlocksPostCommentsNumber":"0","magazineBlocksPostExcerpt":"The FM said the charge will apply to merchants and not to users and will help banks and fintech invest in infrastructure and innovation NEW DELHI: The Lok Sabha on Thursday passed a bill that seeks to ease tax rules to attract investments and remove the existing legal provision that prevents banks and payment service [&hellip;]","magazineBlocksPostCategories":["\u0b26\u0b47\u0b36 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