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.
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Government denies reports of levying GST on UPI transactions over Rs 2000The government has refuted claims of imposing GST on UPI transactions exceeding ₹2,000, dismissing them as baseless. The finance ministry clarified that GST...IndiaTimes Also reported by •Zee News •DNA |
No plan for GST on 2,000+ UPI payments: GovtThe 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 Also reported by •Zee News |
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 |