Government may allow fees on UPI payment above Rs 2k
The government may allow a small charge on UPI payments exceeding two thousand rupees. This levy would apply to transactions made to businesses and not individuals. Official estimates suggest this change will impact only five percent of all UPI transactions. Most daily purchases like groceries and taxi fares will remain unaffected by this potential fee. Industry experts anticipate a possible ceiling on the absolute amount charged for these transactions.
This summary was generated by PolitGlobe's AI pipeline from publicly available reporting at Times of India. For the full original article, visit the source below.
Read full article at Times of IndiaRelated coverage
Restrict sale of pet flea treatments, government urged
The Lords environment committee says their widespread use poses potential risks to the environment.
BJP targets Opposition over Kashmir remarks, Jantar Mantar protests
Launching a sharp attack on the Congress, Mr. Rao alleged that during the UPA-I and UPA-II governments, there was a widespread perception that decision-making authority rested with Congress leader Sonia Gandhi and there were corruption allegations
Iran war live: Tehran-Oman talks on Hormuz ‘positive’; ship hit in Red Sea
Iran says talks with Oman are proceeding 'positively' as US officials say a deal could be possible soon.
‘Strike from police water cannon’ led to protester’s death, claims Karni Sena, threatens Rajasthan bandh
‘Strike from police water cannon’ led to protester’s death, claims Karni Sena, threatens Rajasthan bandh