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

Sachin , Last updated: 09 August 2024  
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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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Published by

Sachin
(Finance Manager)
Category Income Tax   Report

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