Government Possess 18% GST on UPI Payments cross Rs 2000 in single transaction
The authorities are reportedly reviewing an offer to impose GST on UPI Payments exceeding ₹2,000. According to reports, UPI transactions above a certain threshold can also appeal to a higher GST, which the authorities are attempting to review. Under the revised notion, digital payments made through UPI that go ₹2,000 in a single transaction may