https://www.taxtmi.com/news?id=37812 The Cabinet approved an Incentive Scheme for low-value BHIM UPI P2M transactions for FY 2024-25, under which the government will bear MDR for UPI P2M payments up to Rs 2,000 to small merchants, with an estimated outlay of Rs 1,500 crore and implementation from April 1, 2024, to March 31, 2025; incentives are provided at 0.15% of transaction value for qualifying transactions. en-us Wed, 19 Mar 2025 17:01:03 +0530 Wed, 19 Mar 2025 17:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=37812 The Cabinet approved an Incentive Scheme for low-value BHIM UPI P2M transactions for FY 2024-25, under which the government will bear MDR for UPI P2M payments up to Rs 2,000 to small merchants, with an estimated outlay of Rs 1,500 crore and implementation from April 1, 2024, to March 31, 2025; incentives are provided at 0.15% of transaction value for qualifying transactions. News - Wed, 19 Mar 2025 17:01:03 +0530 https://www.taxtmi.com/news?id=37812