The government has refuted claims of imposing GST on UPI transactions exceeding Rs 2,000, clarifying that no such proposal exists. GST applies to charges like Merchant Discount Rate (MDR), which ...

GST on UPI Payments: The government has denied specific media reports claiming that it is considering proposals to levy a GST of nearly 18 per cent on digital payments made on the UPI platforms ...

The Government on Friday (April 18, 2025) clarified that it is not mulling to levy GST on UPI transactions above ₹2,000. Clarifying on reports, which said that the government is considering ...

Industry experts suggest this incident highlights the need for more robust failsafe mechanisms within the UPI architecture itself. "Relying solely on partner banks to self-regulate their API calls ...

The government has refuted claims of imposing GST on UPI transactions exceeding ₹2,000, dismissing them as baseless. The finance ministry clarified that GST applies only to charges like MDR ...

Attention GPay, PhonePe, Paytm: In a news update that may leave some of you worried, the very popular Unified Payment Interface, popularly known as UPI has been under threat due to the rise in the ...

State Bank of India (SBI), India's largest lender, witnessed the most number of Unified Payments Interface (UPI) transaction failures in fiscal 2025, while Bank of Baroda, HDFC Bank, ICICI Bank ...

An hour-long disruption could affect around 40 million UPI transactions. IMAGE: Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy ANI Photo and ...

The Ministry of Finance on Friday issued a clarification on the reports that the government is considering levying Goods and Services Tax (GST) on UPI transactions over Rs 2,000. Clarifying on ...

The digital payments stack built upon that single achievement now has the Unified Payment Interface (UPI), which promises instant payments, clearance, and settlement since its launch in April 2016.

April 20 (UPI) --Ant-Man and Clueless actor Paul Rudd appeared in a new commercial for the Nintendo Switch 2 game system this weekend, more than 30 years after appearing in a similar ad for the ...

April 19 (UPI) --Season 2 of the travel docu-series, Conan O'Brien Must Go, is slated to premiere on Max May 8. A 90-second trailer released Friday shows New Zealand filmmaker Taika Waititi and ...