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Shuvam Kar
Building better Indi... • 2m
The basic purpose of bringing and promoting digital payment is to stop tax evasion. Cash gets hidden, unaccounted and that's the reason why digital payment systems are brought to bring the transparency. They are getting notice because their bank account showing deposit of more than 20L/40L which is the threshold limit for taking gst registration. So, if upi was not there then they would have suppressed their turnover, income and there by escaped tax.
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