0.02% UPI charge on capital-market transactions reportedly set for October 15
The Economic Times reports that NSE chief Ashish Chauhan said there had been no government talks on the new UPI charge and expected brokers and their clients to resolve the issue.
TLDR
The Economic Times reports that a new framework will impose a 0.02% charge on capital-market UPI transactions from October 15. NSE managing director and CEO Ashish Chauhan said there had been no government discussions about the charge and expected brokers and their clients to resolve the issue. The outlet also cites the Finance Ministry as saying around 96% of transactions will remain unaffected.
0.02% UPI charge on capital-market transactions reportedly set for October 15
The Economic Times reports that NSE chief Ashish Chauhan said there had been no government talks on the new UPI charge and expected brokers and their clients to resolve the issue.
TLDR
The Economic Times reports that a new framework will impose a 0.02% charge on capital-market UPI transactions from October 15. NSE managing director and CEO Ashish Chauhan said there had been no government discussions about the charge and expected brokers and their clients to resolve the issue. The outlet also cites the Finance Ministry as saying around 96% of transactions will remain unaffected.