Back to feeds
Ashutosh Mishra
Stealthย โขย 3m
๐จ๐ฃ๐ ๐ง๐ฟ๐ฎ๐ป๐๐ฎ๐ฐ๐๐ถ๐ผ๐ป ๐๐ถ๐บ๐ถ๐ ๐ง๐ผ ๐๐ฒ ๐๐ป๐ฐ๐ฟ๐ฒ๐ฎ๐๐ฒ๐ฑ ๐๐ฟ๐ผ๐บ โน๐ญ ๐๐ฎ๐ธ๐ต ๐ง๐ผ โน๐ฑ ๐๐ฎ๐ธ๐ต ๐๐ผ๐ฟ ๐๐ฒ๐ฟ๐๐ฎ๐ถ๐ป ๐๐ฎ๐๐ฒ๐ด๐ผ๐ฟ๐ถ๐ฒ๐ The National Payments Corporation of India (NPCI), which manages UPI, has raised the per-transaction limit to โน5 lakh, specifically for tax payments earlier. Now this higher limit applies to 'verified merchants,' allowing individuals to pay up to โน5 lakh in a single UPI transaction. Following are the categories for which limits have been increased: โข Educational Services โข IPOs โข Hospitals โข Tax Payments โข Government Securities This will be effective from September 15. This increase will be most helpful in emergency transactions. Follow Ashutosh Mishra for more such content https://www-livemint-com.cdn.ampproject.org/c/s/www.livemint.com/news/starting-sept-15-you-will-be-able-to-transfer-rs-5-lakh-in-a-single-upi-transaction-under-this-category-online-payment/amp-11726136155807.html
Replies (3)
More like this
Recommendations from Medial
Sameer Patel
Stealthย โขย 7m
Financial knowledge Indian Tax slabs Income tax slabs categorize taxpayers based on their annual income, determining the applicable tax rates. Here's a breakdown: 1. Nil Tax: Annual income up to โน2.5 lakh for individuals below 60 years. 2. 5% Tax: I
See More
Hawk
ย โขย
Medialย โขย 5m
Was it a Budget of expectations? The Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman introduced changes to the income tax regime, for salaried employees & those opting for the new tax regime. 1. Standard Deduction Increase: T
See More
Gyananjaya Behera
Stealthย โขย 6m
UPI Transactions Jump 5% MoM In May To 1,404 Cr Monthly Growth: UPI transactions rose 5% month-on-month in May to 14.04 billion, with transaction volume increasing 4.1% to INR 20.45 lakh crore. Yearly Growth: Year-on-year, transaction count surged
See More
Download the medial app to read full posts, comements and news.