Talk on Facts UPI Online Transactions Tax Digital India


Speak on Info UPI | Now you need to depend extra cash in on-line transactions!

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From April 1, you will have to pay extra cash if you happen to ship cash via UPI! Big adjustments are coming in on-line transactions. Do you transact cash on-line via Gpay or some other firm? However you will have to calculate extra quantity from the primary day of the brand new monetary yr. A notification on this regard has additionally been revealed. Let’s have a look at what the notification says.

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What are the foundations ranging from April 1?

* Those that will transact Rs 2,000 or extra must pay this extra quantity for responsibility * The quantity of responsibility can be decided on the amount of cash * Obligation can be levied on the fee of 1.1 % on the quantity transacted * The price of on-line transactions will improve however it’s far more safe than earlier than. It’s claimed that there can be* however this new rule doesn’t apply to cash transactions from one individual to a different individual or from one individual to an establishment via banks.

I’ve proven you what notification has been issued, however I’ve some questions. What’s Achchhe Din (Achchhe Din)? Is that this Digital India (Digital India)? Means you’ll have to pay further for the transaction. Bah kya baat, you assume what to do now.

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