Business|
Critics say UPI tax benefits Google, Walmart-like platforms
N
News Analysis IndiaReporter
September 16, 2026
08:23 AM
In a press briefing, Congress spokesperson Surendra Rajput accused the BJP government of using a new UPI tax to line the pockets of US corporations. He cited Google and a Walmart‑style e‑commerce model as the primary beneficiaries of the 0.4% charge on higher‑value digital payments. The opposition reminded citizens that UPI was originally promoted as a free, frictionless payment method, and that the recent tax reversal could deter digital adoption, especially among small merchants and daily wage earners.
