Government denies reports of levying GST on UPI transactions over Rs 2000
Friday, 18 April 2025 The government has refuted claims of imposing GST on UPI transactions exceeding ₹2,000, dismissing them as baseless. The finance ministry clarified that GST applies only to charges like MDR, which are not levied on UPI. UPI transactions have surged, reaching ₹260.56 lakh crore projected by March 2025.
The government has issued a clarification regarding Goods and Services Tax. It states that there will be no GST levied on UPI transactions exceeding Rs 2,000.... IndiaTimes
Friday, 18 April 2025
