India Supreme Court allows large digital-payment fee structure toward October 15 launch

  • India’s Supreme Court allowed a new fee structure for large digital payments to proceed.
  • October 15 is the planned launch date for the payment charge.
  • The federal government must explain the charge’s legal foundation, while officials call it neither tax nor fee.

India’s Supreme Court has allowed a new fee structure for large digital payments to move toward its October 15 launch, while requiring the federal government to explain the legal basis for the charge. Officials maintain that the levy is neither a tax nor a fee.

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India Supreme Court allows large digital-payment fee structure toward October 15 launch - CoinPost Terminal