No GST on UPI Transactions: Government Confirms Zero Taxation for Digital Payments Under Rs. 2,000

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....No GST is leviable on UPI transactions merely because the payment value exceeds a specified threshold, as the government has confirmed that no proposal exists to tax such digital payments. GST does not apply where Merchant Discount Rate has been eliminated on Person-to-Merchant UPI transactions. A continuing incentive scheme supports low-value UPI usage and reflects a policy focus on expanding digital payments.....