GENERAL16 Sept 2026
Run a small shop? How to check whether UPI MDR applies to you
From October 15, UPI payments above ₹2,000 will attract a merchant fee, called MDR, for eligible businesses. This matters to small shopkeepers accepting UPI QR payments, since part of each such payment may now go as a fee. But P2PM users receiving up to ₹1 lakh a month through UPI QR codes can qualify for zero MDR. So check your monthly UPI receipts.
Key Statutory Highlights
- UPI payments above ₹2,000 will attract a merchant fee for eligible businesses from October 15.
- Under the framework, P2PM receiving up to ₹1 lakh a month through UPI QR codes can qualify for zero MDR.
- Small shopkeepers can check whether the new MDR rules apply to them.
Actionable Advice for Taxpayers / Founders:Look at your monthly UPI QR collections and, if you are unsure whether your shop falls under the new MDR rules, check with a tax professional before October 15.
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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