Tag: digital transaction
Indian Government Exempts UPI Transactions over ₹2,000 from GST to Boost Cashless Economy
Government Clarifies: No GST on UPI Transactions Above ₹2,000Amidst conflicting reports circulating in the media, the Indian government has officially clarified that there will...
Why a ‘cashless’ society would hurt the poor: A lesson from India
June 26, 2017: India tried to reduce the use of cash in its economy by eliminating, overnight, two of its most widely used bills...