Texas Weekly Online

GST on UPI transactions over Rs 2000? Here’s what government says

GST on UPI transactions over Rs 2000? Here’s what government says

UPI transaction values have seen an exponential increase, growing from Rs 21.3 lakh crore in 2019-20 to Rs 260.56 lakh crore by March 2025. Specifically, P2M transactions have reached Rs 59.3 lakh crore, reflecting growing merchant adoption and consumer confidence in digital payment methods.