Congress Calls 0.4% UPI MDR 'Modi Tax'; BJP Says Consumers Won't Pay, Accuses Opposition Of Spreading 'Fake News'
New Delhi, Sep 15: Sparring over the imposition of a 0.4 per cent fee on UPI payments above Rs 2,000 to merchants, the Congress on Tuesday dubbed it as "Modi tax" and alleged that a "compromised" prime minister had "surrendered" to US pressure, while the BJP described the opposition party as a "jhooth ki dukaan". UPI transaction fee introduced Ending nearly six years of a fully free Unified…
On September 15, 2026, India's Congress Party accused Prime Minister Narendra Modi of imposing a "Modi tax" on the Unified Payments Interface (UPI) network. The government announced a 0.4 percent fee on UPI transactions above Rs 2,000, with a cap of Rs 300 for payments of Rs 75,000 and above. The opposition party claimed the move was pressure from the United States, while the BJP dismissed the allegations as "fake news" and maintained that consumers would not be affected.
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