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NO GST ON UPI TRANSACTIONS
UPI transactions soar to record of Rs 29.9 lakh crores in MayUnified Payments Interface transactions reached record highs in May. Summer travel and the IPL fueled this surge. Value and volume of trans...01 Jun, 2026, 12.56 PM IST- How cashback credit cards are shaping everyday spending habitsIDFC FIRST Bank's FIRST EARN and Hello Cashback credit cards offer straightforward cashback on daily transactions, maximizing savings witho...08 May, 2026, 10.14 PM IST
- Credit cards for NRIs and H-1B workers: Check features, fees, documents required and benefitsNon-resident Indians can now get credit cards in India. These cards offer benefits for spending both in India and abroad. Several banks lik...30 Apr, 2026, 11.39 AM IST
- Looking for cashback and rewards? These 5 credit cards suit frequent buyersRegular shoppers can significantly boost savings with the right credit card, earning cashback, reward points, and discounts on various plat...22 Apr, 2026, 11.54 AM IST
- UPI growth stays relentless with 22.64 billion March transactions, says Department of Financial ServicesUnified Payments Interface, or UPI, achieved 22.64 billion transactions in March 2026. This shows continued growth in digital payments acro...02 Apr, 2026, 02.46 PM IST
- UPI hits record Rs 94,000 crore in daily transactions this OctoberUPI daily transactions reached a record Rs 94,000 crore in October, up 13% from September, driven by festive spending and lower GST rates. ...22 Oct, 2025, 03.40 PM IST
- No GST on UPI transactions: Govt clarifies in Rajya SabhaThe Finance Ministry has clarified that there are no plans to impose GST on UPI transactions exceeding Rs 2000. Pankaj Chaudhary, Finance M...27 Jul, 2025, 10.15 AM IST
- GST notice: CM resolves crisis; offers to forego tax arrears if merchants get GST registrationSatisfied with the assurance, various associations of small traders called off a statewide bandh planned for July 25. The CM told the offic...23 Jul, 2025, 07.33 PM IST
- GST notices based on UPI transaction: Traders on warpath, official calls action properTraders in Karnataka are upset about GST notices linked to UPI transactions. They are planning a strike on July 25. Tax official Meera Sure...23 Jul, 2025, 12.55 PM IST
- Karnataka: Small vegetable vendor receives GST notice of RS 29 lakhA vegetable seller in Karnataka received a hefty GST notice of Rs 29 lakh, despite dealing primarily in fresh, untaxed produce. This has fu...21 Jul, 2025, 02.12 PM IST
- Switching from UPI to cash won't help in avoiding tax notice if turnover crosses GST registration threshold; Here’s what Karnataka State GST department saidKarnataka tax department clarifies GST rules for vendors: The GST department is scrutinizing UPI transactions to identify unregistered trad...21 Jul, 2025, 12.37 PM IST
- Karnataka CM to engage commercial taxes dept as GST notices scare small biz away from UPIThe public outcry arising from the GST notices has resulted in scores of businessmen in Bengaluru and outside going back to cash transactio...20 Jul, 2025, 07.54 PM IST
- No GST on UPI transactions over Rs 2,000, clarifies govt; terms rumors as baselessThe Indian government has refuted rumors about imposing GST on UPI transactions exceeding Rs 2,000, dismissing the claims as baseless and m...18 Apr, 2025, 07.22 PM IST
- Google Pay starts convenience fee for these payments: Here's how much you have to pay for transactions nowGoogle Pay has started charging a convenience fee for utility bill payments, including electricity and gas, using credit and debit cards. T...21 Feb, 2025, 04.27 PM IST
- Google Pay now charges convenience fees on bill payments via credit, debit cardsGoogle Pay has started charging a convenience fee for bill payments made with credit and debit cards, with fees ranging from 0.5% to 1% of ...20 Feb, 2025, 12.31 PM IST
- GST not payable on govt incentive to banks for promoting RuPay card, low value BHIM-UPI transactionsUnder the Incentive scheme for the promotion of RuPay Debit Cards and low-value BHIM-UPI transactions, the government pays banks an incenti...15 Jan, 2023, 11.56 AM IST
- How to contribute to NPS account using UPITo be able to make a contribution using UPI, the key requirement is to have a UPI ID. The subscriber needs to download the UPI application ...08 Jun, 2020, 09.43 AM IST
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