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Indian government has rubbished reports claiming GST will be applied on UPI payments above ₹2,000. | One of India's leading ...
Banks generally operate at 85-95% success rate on UPI with most of the transaction failures happening due to business ...
GST on UPI is the talk of the town after multiple reports started are doing the rounds that GST will be imposed on UPI ...
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No 18% GST being applied on UPI transactions under Rs 2,000 for users.Reportedly, the GST Council discussed applying GST on ...
The Finance Ministry confirmed that UPI payments continue to remain GST-free due to the absence of any service charge or MDR on these transactions.
UPI services surged were over 1,000 as of noon, with payments and fund transfers being the most reported problems. Banks cite ...
India plans to bring 300 millions of new users onto Unified Payments Interface, its real-time payments system, while pitching ...
The home-grown payments platform has in the past five years transformed how more than 450 million retail consumers pay for ...
This issue, reported in February 2025, involved the reversal of cross-border UPI transaction amounts, which led to an ...
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