GENERAL15 Sept 2026
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From October 15, UPI payments to merchants above Rs 2,000 will carry a 0.4% fee, known as MDR or merchant discount rate. This affects small vendors, large sellers and e-commerce platforms. Online payments for mutual funds, stocks and streaming autopay subscriptions may also get costlier. Review your monthly UPI collections and adjust your billing if needed.
Key Statutory Highlights
- A 0.4% charge will apply on UPI merchant payments above Rs 2,000 from October 15.
- The change affects consumers, small vendors, large sellers and e-commerce platforms.
- Payments for mutual funds, stock market investments and streaming autopay subscriptions are also covered.
Actionable Advice for Taxpayers / Founders:Take a look at your monthly UPI collections above Rs 2,000 and talk to your accountant about whether your pricing or billing needs a small adjustment 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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