UPI 'No Tax' Trick! Indian Desi Jugaad! Split UPI Payments For Lower Tax #shorts
Episode Title: UPI 'No Tax' Trick! Indian Desi Jugaad! Split UPI Payments For Lower Tax #shorts Produced by: FactTechz Description: Indians Discuss Splitting UPI Payments to Avoid New MDR Charge India’s decision to introduce a 0.4 percent Merchant Discount Rate on selected UPI payments above ₹2,000 has already produced a proposed workaround online: dividing a larger purchase into multiple payments of ₹2,000 or less. Under the framework taking effect on October 15, 2026, eligible person-to-merchant transactions exceeding ₹2,000 will attract MDR. Payments at or below ₹2,000 remain free. This has led users and retailers to suggest that a ₹6,000 bill could be paid through three separate ₹2,000 transfers instead of one transaction. However, reports that Indians are already bypassing the charge are premature because the new MDR has not yet taken effect. Payment splitting is currently an online proposal and an industry concern rather than an established nationwide practice. The...