Receipts and payments limit for one finicial year


This query is : Resolved 

28 March 2021 sir,
it assess all receipts and payment trading transations through on online mode like google pay and phone pay etc.
Question:
Assess any limit for online mode transactions one finicial year in it act

30 March 2021 It also restricts you from sending money more than 10 times in one day across all UPI apps. However, since there is a limit of ₹1 lakh in a day, a single transaction cannot be more than ₹1 lakh and you will need to wait until the next day to send more money


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