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UPI merchant fees and the debate over 18% GST

A user’s headline roundup attributes to The Economic Times a report that UPI MDR above ₹2,000 will attract 18% GST, with merchants able to claim input tax credit.

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3 Sources, 13d ago, first seen 13d ago

TLDR

A user’s September 17 business-news roundup lists an Economic Times headline saying UPI MDR—merchant discount rate—above ₹2,000 will attract 18% GST. The headline also says merchants can claim input tax credit. Separately, another user questions why UPI merchant payments would be taxed.

Combined views

9.1K

3 Sources, first seen 13d ago

231 likes7 comments3 saves77 reposts

Combined views

9.1K

3 Sources, first seen 13d ago

231 likes7 comments3 saves77 reposts

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Sentiment

Positive——Negative

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Not enough discussion yet.

No sentiment analysis available yet.

3 Sources

@Jairam_RameshThe news plantation economy which has thrived in the Modi regime stands exposed. Glad you rebutted.
@J_S_Gujral*News Headlines from Business News Agencies :* *Business Standard :* 📝 Govt raises EPFO wage ceiling to ₹25,000; 5.1 mn more workers to be covered 📝 Tata Sons IPO order backs tycoon Shapoor Mistry's long-running ask 📝 'H-1B should not exist to replace US workers': JD Vance backs $100,000 fee 📝 Genpact leases 400K sq ft of office space in Gurugram for around ₹420 cr 📝 DGFT go-ahead for 7 firms to import 642 cars from UK under free trade pact 📝 EU president backs AI slowdown, to invite frontier labs for talks 📝 BIS raises gold hallmarking fee to ₹75 from ₹45 ahead of festive season 📝 Sitharaman urges ITRAF to make tax research more visible in policy process 📝 Govt likely to extend key export incentive programme for five years 📝 RBI absorbs ₹2.9 trillion via two VRRR auctions amid surplus liquidity 📝 Kamlesh Chandra Varshney gets extension as Sebi whole-time member 📝 CBIC to handhold MSMEs as less than 1,000 join customs duty payment scheme *Economic Times :* 📝 World Bank names Nobel laureate Michael Kremer as next chief economist 📝 Delivery app iFood to invest $4.7 billion in Brazil through March 2027 📝 UPI MDR above Rs 2,000 to attract 18% GST, merchants can claim input tax credit 📝 DRA buys 10-acre Chennai land parcel for Rs 159 crore to develop housing project 📝 Juniper Hotels plans Rs 248 crore acquisition of 287-key Novotel Imagicaa 📝 UK inflation rises to 5-month high, further pressuring Bank of England to raise rates this year 📝 Rupee languishes at six-week low ahead of Fed outcome, RBI limits losses 📝 SK Hynix in talks with Intel about deal to make memory chips in the US for the first time, sources say 📝 Delhi retains top position in India's Electric Mobility Index 2025 followed by Maharashtra and Karnataka 📝 India's Data Centre development pipeline through 2030 reaches 3,860 MW 📝 TRUE ARTIS raises Rs 11.4 crore to expand network of premium aesthetic surgery centres *Mint :* 📝 Sebi grants 1% unhedged leeway to arbitrage funds to boost CAS participation 📝 JCB India expects double-digit growth as infrastructure spending powers demand0 📝 Salesforce Koa AI takes on complex CRM workflows with NVIDIA’s Nemotron 📝 Borosil's entry into solar rooftop sector a significant positive, say experts 📝 Mistral aims to grow AI consumer base through Mozilla partnership 📝 NZ Parliament passes legislation to implement India FTA 📝 Bharat Forge, Pratt & Whitney join hands for HALE 📝 SEBI is said to ease arbitrage fund rules to aid closing auction session 📝 L Catterton invests in restaurant operator Nandhana Foods Join our prime community https://superprofile.bio/vp/financial-adda-prime-community--559
@hd595959@beingabhi2712 @narendramodi what are you even doing? Seriously tax on UPI merchants payments ? Why?
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    3 Sources

    @Jairam_RameshThe news plantation economy which has thrived in the Modi regime stands exposed. Glad you rebutted.
    @J_S_Gujral*News Headlines from Business News Agencies :* *Business Standard :* 📝 Govt raises EPFO wage ceiling to ₹25,000; 5.1 mn more workers to be covered 📝 Tata Sons IPO order backs tycoon Shapoor Mistry's long-running ask 📝 'H-1B should not exist to replace US workers': JD Vance backs $100,000 fee 📝 Genpact leases 400K sq ft of office space in Gurugram for around ₹420 cr 📝 DGFT go-ahead for 7 firms to import 642 cars from UK under free trade pact 📝 EU president backs AI slowdown, to invite frontier labs for talks 📝 BIS raises gold hallmarking fee to ₹75 from ₹45 ahead of festive season 📝 Sitharaman urges ITRAF to make tax research more visible in policy process 📝 Govt likely to extend key export incentive programme for five years 📝 RBI absorbs ₹2.9 trillion via two VRRR auctions amid surplus liquidity 📝 Kamlesh Chandra Varshney gets extension as Sebi whole-time member 📝 CBIC to handhold MSMEs as less than 1,000 join customs duty payment scheme *Economic Times :* 📝 World Bank names Nobel laureate Michael Kremer as next chief economist 📝 Delivery app iFood to invest $4.7 billion in Brazil through March 2027 📝 UPI MDR above Rs 2,000 to attract 18% GST, merchants can claim input tax credit 📝 DRA buys 10-acre Chennai land parcel for Rs 159 crore to develop housing project 📝 Juniper Hotels plans Rs 248 crore acquisition of 287-key Novotel Imagicaa 📝 UK inflation rises to 5-month high, further pressuring Bank of England to raise rates this year 📝 Rupee languishes at six-week low ahead of Fed outcome, RBI limits losses 📝 SK Hynix in talks with Intel about deal to make memory chips in the US for the first time, sources say 📝 Delhi retains top position in India's Electric Mobility Index 2025 followed by Maharashtra and Karnataka 📝 India's Data Centre development pipeline through 2030 reaches 3,860 MW 📝 TRUE ARTIS raises Rs 11.4 crore to expand network of premium aesthetic surgery centres *Mint :* 📝 Sebi grants 1% unhedged leeway to arbitrage funds to boost CAS participation 📝 JCB India expects double-digit growth as infrastructure spending powers demand0 📝 Salesforce Koa AI takes on complex CRM workflows with NVIDIA’s Nemotron 📝 Borosil's entry into solar rooftop sector a significant positive, say experts 📝 Mistral aims to grow AI consumer base through Mozilla partnership 📝 NZ Parliament passes legislation to implement India FTA 📝 Bharat Forge, Pratt & Whitney join hands for HALE 📝 SEBI is said to ease arbitrage fund rules to aid closing auction session 📝 L Catterton invests in restaurant operator Nandhana Foods Join our prime community https://superprofile.bio/vp/financial-adda-prime-community--559
    @hd595959@beingabhi2712 @narendramodi what are you even doing? Seriously tax on UPI merchants payments ? Why?
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