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  Modi govt approves UPI incentive scheme: What is it and how will it help small merchants?

  Business | March 20, 2025 13:44 IST

  UPI incentive scheme: The scheme aims to promote low-value BHIM-UPI transactions which will be implemented at an estimated cost of Rs 1,500 crore. Only the UPI transactions up to Rs 2,000 for small merchants are covered under the scheme.

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  Income Tax alert: Cash transfers to wife may attract IT notice | Know the Rules

  February 06, 2025 8:50 IST

  Transferring money to your wife via UPI or cash? Know about the latest Income Tax Rules 2025 under Sections 269SS and 269T to avoid an IT notice. Find out the legal limit for cash transactions, tax-free gift rules, and the safest banking methods.

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  These UPI transactions will be blocked from February 1: Know reason, other details here

  January 30, 2025 12:08 IST

  UPI transactions: In a move to streamline UPI transactions, the National Payments Corporation of India has announced that any transaction ID containing special characters will be automatically declined by the central system.

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  UPI Lite enables PIN-less payments on Google Pay, PhonePe, Amazon Pay: Here's how

  Technology | November 04, 2024 12:08 IST

  The National Payments Corporation of India (NPCI) launched the UPI Lite service some time ago, and new rules have taken effect as of November 1. As a result, users will have a higher limit on their payment transactions than before.

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  RBI increases UPI Lite, UPI 123PAY transaction limits to boost 'digital payments'

  Business | October 09, 2024 11:54 IST

  The Reserve Bank of India (RBI) has raised the transaction limits for UPI Lite and UPI 123PAY, increasing accessibility to digital payments. The UPI Lite limit has risen from Rs 500 to Rs 1,000, while UPI 123PAY limits have doubled to Rs 10,000.

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  Will UPI users discontinue service if transaction fee is imposed? Check what survey reveals

  Business | September 23, 2024 14:12 IST

  For the first time, UPI transactions surpassed 100 billion, reaching a total of 131 billion in a single financial year, compared to 84 billion in 2022-23. In terms of value, UPI transactions hit an impressive Rs 199.89 trillion.