Government Denies GST on UPI Transactions Over ₹2,000

The Government has dismissed rumors about GST on UPI transactions above ₹2,000, calling them false. Officials clarified that GST applies only to specific charges like MDR, which was removed for UPI Person-to-Merchant payments in 2020. The Government continues to promote digital payments with incentive schemes, highlighting India’s global leadership in real-time transactions.