Will UPI payments above 2,000 be taxed? The BJP has dismissed all claims and released this statement.
UPI Charges Row: BJP leader Amit Malviya has clarified the rumors of a tax on UPI payments. The government has completely protected transactions up to 2,000 rupees. UPI Charges Row: Every day, millions of people across the country, from tea shops to large malls, use UPI for online payments. Therefore, whenever there's any news of a new rule or fee being imposed on this digital system, public concern naturally increases. Recently, claims spread rapidly on social media and political circles that the government will now levy a half percent tax on payments exceeding ₹2,000. Many Congress and opposition leaders called it a robbery of the common man's pocket. Amidst this political turmoil, Bharatiya Janata Party leader Amit Malviya came forward and refuted all these claims. He clarified that the government has not imposed any such tax and that people are spreading misinformation based on false calculations. Mathematics of tax and Amit Malviya's answer A social media campaign was...