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Any levy on UPI is just tax collection: Ashneer Grover on potential merchant fees

short by Mansi Agarwal / on Tuesday, 15 September, 2026
Ashneer Grover reacted to the government barring banks from charging fees on UPI payments below ₹2,000, potentially leading to a Merchant Discount Rate on larger transactions. "Any levy on UPI is just tax collection," he said. "UPI is the one scientific achievement of India everyone acknowledges, par ab tax ki bali chadhegi (will be sacrificed at tax's altar)," he added.
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