Politics•September 18, 2026
The 0.4% Question: Is India Quietly Ending the Free Ride on UPI?
From October 15, 2026, a 0.4% charge lands on select UPI merchant payments above ₹2,000 — and the internet has already decided it's a "UPI tax." It isn't. But the real story of who pays, who profits, and why the government is doing this now is far more interesting than the outrage. Here's the full picture, minus the panic.
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