C Rangarajan says UPI MDR should not attract GST
In short
Former RBI Governor C Rangarajan said UPI MDR should not attract GST at a book launch for Cashless Nation: How UPI Changed Everything.
The report does not say whether any rule will change. It only shows his view on tax treatment for UPI-related charges.
What the reporting says
Former RBI Governor C Rangarajan said UPI MDR should not attract GST at the launch of Cashless Nation: How UPI Changed Everything. The publisher-supplied summary does not say when the remarks were made beyond the launch event or whether any policy action followed. The immediate outcome is unknown, and no official document is cited.
Why it matters
Former RBI Governor C Rangarajan said UPI MDR should not attract GST at the launch of Cashless Nation: How UPI Changed Everything. The available summary does not quote any proposal, decision, or official response, and it does not say whether the comment will affect merchants, payment providers, or tax policy. The immediate market or policy impact is not stated.