Balarama Raju

Advisory

[Balarama Raju @vbraju]

@vijayninel @IndianTechGuide I thought credit cards have MDR at petrol pumps. I could be wrong. I pay many times through credit card and was never asked for another mode of payment. Maybe others have had a different experience.

[Balarama Raju @vbraju]

@vijayninel @IndianTechGuide Will they refuse UPI for a flat Rs.5

We will have to wait till October 15th and see the dynamics of convenience vs fee. The buyer merchant ecosystem will decide.

[Balarama Raju @vbraju]

@Shinde_Revati21 MDR is starting only from 15th October

[Balarama Raju @vbraju]

@UzmaParveen94 MDR is starting from October 15th

[Balarama Raju @vbraju]

@IndianTechGuide For fuel it is a flat Rs.5 and not 0.4% as mentioned

[Balarama Raju @vbraju]

@CommonBS786OM MDR is starting from October 15th

[Balarama Raju @vbraju]

@HydREGuide At least 3 nalas are there where it becomes extremely narrow I guess something like 30 feet and at many places the adjoining land boundaries make it definitely far less than 100 ft unless some parts of those lands are acquired

[Balarama Raju @vbraju]

@HydREGuide In the second clip one can see clearly the poles right in the middle of the road.

[Balarama Raju @vbraju]

As a daily commuter on that road I agree with the progress part but cannot say significant by any stretch of imagination. I am optimistic though that some day it will be completed and end our commuting woes. In many places on that road land has to be acquired and there are no signs of that. In the small stretches that are completed electric poles have not been shifted and there was an incident of a truck hitting the pole and power disruption. Hoping that the authorities take note and coordinate better between the departments to ensure there is no rework wasting tax payer money.

[Balarama Raju @vbraju]

@ChanakyaSpeaksX @LegalAdvisour @shaheena451 @Ansarigulamhusa @Er_awanish @Bhumika_2024 @SonuRawat_0864 MDR on fuel is Rs.5 flat and not 0.4% as shown in the calculation

[Balarama Raju @vbraju]

@ChanakyaSpeaksX @LegalAdvisour @shaheena451 @Ansarigulamhusa @Er_awanish @Bhumika_2024 @SonuRawat_0864 Please correct my calculation if it is wrong - 40 trucks running 300 km per day and charging Rs.25 per km will make an annual revenue of Rs. 10.8 crores

[Balarama Raju @vbraju]

@ChanakyaSpeaksX @LegalAdvisour @shaheena451 @Ansarigulamhusa @Er_awanish @Bhumika_2024 @SonuRawat_0864 What is his revenue per year from the 40 trucks. Just asking for a friend

[Balarama Raju @vbraju]

I am sure the banks will waive off Rs.5 when they are already absorbing 2%

[Bharat Bhumi @nayabharatindia]

@vbraju @India_Policy Unless banks waves of the MDR for fuel stations it is not possible for them to accept it. It’s unviable. There are many such businesses which runs on thin margin. These people will stop accepting.

[Balarama Raju @vbraju]

@sumit1kalra Correction please - There is a 300 cap so even on 1 lakh it is 300 and not 400.

[Balarama Raju @vbraju]

@nayabharatindia @India_Policy True so if banks were already absorbing 2% MDR on their own why will they not absorb Rs.5 so that the fuel retailer is not impacted

[Balarama Raju @vbraju]

@nayabharatindia @India_Policy So now would banks be ok to absorb Rs.5 instead of the 2% they were absorbing earlier

[Balarama Raju @vbraju]

@old_cricketer Yes even if they pass on it will be Rs.5 flat irrespective of the total fees amount.

[Balarama Raju @vbraju]

@old_cricketer MDR is not a tax.

And, Educational fee payments via UPI above ₹2,000 will attract a concessional flat MDR of ₹5 per transaction starting October 15, 2026