UPI payments News

SBI Report Warns: Aggressive GST Enforcement on UPI Payments Could Drive Small Businesses Back to Cash

An SBI report cautions that aggressive GST enforcement based on UPI transactions could push small businesses back to cash, undermining formalization efforts. It calls for a balance...

Bengaluru Vendors Alert: GST Applies Regardless of Payment Method, Tax Department Clarifies

The Karnataka commercial taxes department clarifies GST must be paid by Bengaluru vendors regardless of payment method, addressing confusion over UPI transactions and registration ...