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UPI PAYMENTS AND GST
Nirmala Sitharaman flags global risks, says PM Modi Govt ensuring supply stability amid crude, Hormuz pressuresUnion Finance Minister Nirmala Sitharaman said India faces risks from crude prices, Middle East tensions and Strait of Hormuz disruptions, ...- 12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
- 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...
- Groww investors make bank; Mobikwik, Fractal's Q4 profits surgeGroww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5.
- 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...
- 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...
- 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...
- 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...
- 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...
- 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...
- 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...
- Unexpected taxes: Are small merchants in India rejecting UPI due to GST overreach?Small merchants in India are rejecting UPI payments. They prefer cash due to GST concerns. The govt uses UPI data to levy GST. Merchants fe...
- 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...
- UPI or no UPI, traders must pay GST, say authorities, promising to make GST registration smoothThe department issued a detailed statement responding to reports that sections of traders have stopped accepting payments through the UPI a...
- 'No UPI, only cash in Bengaluru': Why small vendors in Indian IT capital are saying no to online transactionsBengaluru witnesses a shift back to cash transactions as small vendors remove QR codes due to GST concerns and tax notices. Facing scrutiny...
- Cash may return as king as small vendors shun UPIIn Bengaluru, many small vendors are ditching UPI payments and opting for cash after receiving GST notices. Fearing tax scrutiny and possib...
- 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...
- 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...
- Diwali Shopping: A 2% convenience fee on BNPL can cost you as much as 72% interest per annum, compare the cost before you buyFestive season around Diwali has traditionally been the period when people typically spend highest amount on shopping in any given year. Th...
- 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 ...
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