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  GST on UPI transactions over Rs 2,000? Here's what government said

  India | April 18, 2025 22:08 IST

  GST on UPI payments: The Ministry of Finance refuted the claim and termed the reports ‘completely false, misleading, and without any basis'. It strongly denied the claims of levying GST on UPI payments above Rs 2,000.

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  RBI increases UPI Lite, UPI 123PAY transaction limits to boost 'digital payments'

  Business | October 09, 2024 11:54 IST

  The Reserve Bank of India (RBI) has raised the transaction limits for UPI Lite and UPI 123PAY, increasing accessibility to digital payments. The UPI Lite limit has risen from Rs 500 to Rs 1,000, while UPI 123PAY limits have doubled to Rs 10,000.

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  Will UPI users discontinue service if transaction fee is imposed? Check what survey reveals

  Business | September 23, 2024 14:12 IST

  For the first time, UPI transactions surpassed 100 billion, reaching a total of 131 billion in a single financial year, compared to 84 billion in 2022-23. In terms of value, UPI transactions hit an impressive Rs 199.89 trillion.