No GST on UPI transactions over Rs 2000, clarifies Ministry of Finance

New Delhi [India], April 18 (ANI): The claims that the government is considering levying Goods and Services Tax (GST) on UPI transactions over Rs 2,000 are completely false, misleading, and without any basis, said the Ministry of Finance in a statement Friday.

Currently, there is no such proposal before the government, the Finance Ministry clarified.