Follow Us on Google News Mumbai, May 6 (IANS) UPI QR codes have recorded the fastest growth in digital payments infrastructure in the financial year 2024-25, with a 91.5 per cent jump over the previous financial year to 657.9 million, according to the latest RBI data. The surge in UPI QR codes was accompanied by … Read more
Follow Us on Google News New Delhi, April 18 (IANS) The Finance Ministry on Friday made it clear that the government is not considering any proposal to levy Goods and Services Tax (GST) on UPI transactions over Rs 2,000. “The claims that the Government is considering levying Goods and Services Tax (GST) on UPI transactions … Read more
Follow Us on Google News New Delhi, April 9 (IANS) In order to further boost digital payments, the National Payments Corporation of India will be enabled to set the limit on person-to-merchants transactions via Unified Payments Interface (UPI), RBI Governor Sanjay Malhotra said on Wednesday. At present, the transaction amount for UPI, covering both person-to-person … Read more
Follow Us on Google News New Delhi, March 26 (IANS) The Employees’ Provident Fund Organisation (EPFO) is likely to introduce a major change that will allow its members to withdraw their provident fund (PF) instantly through UPI and ATMs by the end of May or early June 2025. With this update, employees will no longer … Read more