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Tag: UPI Rules

Top Financial Changes in August: RBI to UPI Complete Updates

Top Financial Changes in August: RBI to UPI Complete Updates

Financial Changes in August: India’s financial landscape saw significant changes on August 1. To begin with, the National Payments Corporation of India (NPCI) updated the rules for the Unified Payments Interface (UPI). It prohibited background checks, limited balance inquiries to 50 per app per day, and scheduled autopay transactions for off-peak hours. Meanwhile, as the […]

Sent Money To Wrong UPI Number? 1 Step To Get It Back

Sent Money To Wrong UPI Number? 1 Step To Get It Back

When it comes to online payments, everyone adopts different payment apps according to their convenience. However, the medium of all transactions is UPI. Unified Payments Interface i.e. UPI by National Payment Corporation of India and Reserve Bank of India is a system of online payment, which provides facility of different bank transactions. It is used […]

UPI Transactions Reach Record 24.77 Lakh Crore in March

UPI Transactions Reach Record 24.77 Lakh Crore in March

UPI Transactions: Since people have got the option of UPI for payment, the luster of cash has dimmed a bit. It means that people don’t like to carry much cash in their pockets anymore because almost all payments are made through mobile. From small to large, almost all merchants offer a UPI payment facility, due to […]

Tax Exemptions to UPI Changes: New Financial Rules Applicable from April 1, 2025

Tax Exemptions to UPI Changes: New Financial Rules Applicable from April 1, 2025

New Financial Rules: Starting April 1, 2025, several financial changes will come into effect, impacting income tax, banking rules, UPI services, and GST regulations. These changes aim to simplify taxation, enhance digital payments, and bring reforms in banking and pensions. Income Tax Changes The government has introduced new tax rules that will benefit many taxpayers: […]

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