Tax alterations in budget 2025–26 include announcements of customs duty changes and income tax changes. Following up on the proposed comprehensive review of customs duty, the budget announces the ...

UPI transaction values have seen an exponential increase, growing from Rs 21.3 lakh crore in FY 2019-20 to Rs 260.56 lakh ...

The claims that the government is considering levying Goods and Services Tax (GST) on UPI transactions over Rs 2,000 are ...

The finance ministry termed the reports ‘completely false, misleading, and without any basis’ and strongly denied the claims ...

There were several media reports claiming that digital payments that cross Rs 2000 threshold might attract an 18 per cent GST ...

The Indian government has refuted claims that it plans to impose GST on UPI transactions over Rs. 2,000. Currently, there is no MDR on UPI transactions, eliminating any GST liability.

The Ministry of Finance has issued an official statement refuting claims that the government is considering imposing goods and services tax (GST) on unified payments interface (UPI) transactions ...

The Finance Ministry on Friday made it clear that the government is not considering any proposal to levy Goods and Services ...

Drench in the knowledge with exclusive insights, ePaper & smart market tools with ETPrime.