Key Points on RBI's Announcement: Hike in UPI Limit for Tax Payments

Sachin , Last updated: 09 August 2024 Share Follow on Google News

1. Increased UPI Transaction Limit for Tax Payments The Reserve Bank of India (RBI) has raised the transaction limit for tax payments through UPI from Rs 1 lakh to Rs 5 lakh per transaction. This decision addresses the need for higher transaction limits in direct and indirect tax payments, which

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About the Author

Sachin

Finance Manager

Im passionate about accounts and enjoy playing music on the keyboard. When Im not working, youll find me exploring new melodies or diving into the intricacies of Excel. I love solving complex spreadsheets, and Im always up for a challenge that combines creativity with precision.

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