Das chacha hikes UPI limit for tax payments to Rs 5 lakh per transaction

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Enhancing Transaction Limit for Tax Payments through UPI

34. Currently, the transaction limit for UPI is ₹1 lakh except for certain category of payments which have higher transaction limits. It has now been decided to enhance the limit for tax payments through UPI from ₹1 lakh to ₹5 lakh per transaction. This will further ease tax payments by consumers through UPI.

https://rbi.org.in/Scripts/BS_PressReleaseDispl...

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Good plus1

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