Finance Minister Nirmala Sitharaman called Indian communists “total cowards” during a Rajya Sabha debate, accusing CPI(M) MP John Brittas of spreading confusion over UPI charges. She defended the Taxation Amendment Bill and reiterated that consumers will not be charged for UPI payments
The Finance Ministry has clarified that UPI payments will remain free for consumers, with any future merchant discount rate (MDR) applicable only to select high-value merchant transactions at nominal rates.