CBDT asks banks to refund any fees levied on UPI transactions in 2020 – Sandeep Jhunjhunwala

CBDT asked banks to return to customers and merchants any fees levied for making Unified Payment Interface (UPI) transactions in 2020, adding that such charges violate the law.

Sandeep Jhunjhunwala, Partner shares his views on aforementioned story for Economic Times- Font page story.