18% GST on Below 2000 UPI Transaction | GST on UPI Transcation | GST on RazorPay Paytm PhonePe
In this video, we break down the recent news about the Indian government's proposal to levy an 18% GST on UPI transactions. UPI has become a lifeline for millions of users, providing a convenient and fast way to make payments, but the introduction of GST could have a significant impact on the way we use digital payments.
We explore:
- What exactly this 18% GST means for UPI transactions
- How this could affect businesses, consumers, and merchants
- The reactions from the public and financial experts
- Potential alternatives and solutions being discussed
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