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  • Fact Check: Tax on UPI users for transactions above Rs 2,000? No, find the truth here A post claiming that a 1.1 per cent tax will be levied on UPI transactions starting April 1 next year is going viralBy K Sherly Sharon Published on 14 Dec 2024 10:54 AM GMT Claim Review:A 1.1% tax will be levied on UPI transactions over Rs 2,000 starting April 1, 2025. Claimed By:Social media users Claim Reviewed By:NewsMeter Claim Source:Social Media Claim Fact Check:False Fact:The claim is false. The 1.1% tax applies only to PPI merchant transactions, not to bank-to-bank money transfers. Next Story
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  • English
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