GENERAL18 Sept 2026
MDR reset: Flat ₹5 UPI fee on the table for capital-market transactions
A proposal is on the table to charge a flat ₹5 fee on UPI (Unified Payments Interface) payments used for capital-market transactions, as part of a merchant discount rate reset. It would affect investors and brokers moving money into stocks. Nothing changes yet, because the plan first needs Sebi's representation, then RBI and government approval. For now, keep paying as usual and watch for confirmed updates.
Key Statutory Highlights
- A flat ₹5 UPI fee is being proposed for capital-market transactions.
- The move is being described as an MDR reset.
- The proposal needs Sebi representation first, followed by RBI and government approval.
Actionable Advice for Taxpayers / Founders:Keep an eye on official announcements from Sebi and the RBI, and avoid changing your payment or brokerage setup until the proposal is actually approved.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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