GST on UPI transactions over Rs 2000? Here's what government says

UPI transaction values have seen an exponential increase, growing from Rs 21.3 lakh crore in 2019-20 to Rs 260.56 lakh crore by March 2025. Specifically, P2M transactions have reached Rs 59.3 lakh crore, reflecting growing merchant adoption and consumer confidence in digital payment methods.
|
||||
You Might Like💡 newsR Knowledge: Other News Mentions
|
You can now share your UPI ID with family, friends: Know what is UPI circle, check step-by-step guide to enable it on...Unified Payments Interface, or UPI, has emerged as the most-preferred payment method for users who can handle digital payments. Despite the wave of UPI payments...DNA |
GST on UPI transactions over Rs 2000? Here's what government saysUPI transaction values have seen an exponential increase, growing from Rs 21.3 lakh crore in 2019-20 to Rs 260.56 lakh crore by March 2025. Specifically, P2M...DNA |
From pension bonanza to GST tweaks: 10 changes that kick in todayStarting April 1, 2025, various regulatory and financial changes, including revised income tax slabs, updated UPI regulations, and the introduction of the...IndiaTimes |