AVOID Income Tax Notice | Max UPI Transactions Limit in 2024 | UPI Major Updates in 2024 |Josh Money
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AVOID Income Tax Notice | Max UPI Transactions Limit in 2024 | UPI Major Updates in 2024 |Josh Money
Digital payments through UPI apps and e-wallets are rapidly replacing physical cash as a payment method. According to the National Payments Corporation of India (NPCI), UPI transactions touched 119% growth in February 2023. UPI payment platforms or e-wallets come with a user-friendly interface; anyone can use it with just a few clicks. However, did you know that you might need to pay tax on UPI transactions?
If you read the Income Tax notifications carefully, you'll find specific limits for various transactions like cash deposits, credit card transactions, fixed deposits (FD), savings accounts, and current accounts.
However, the Income Tax department hasn't specified any specific limit for UPI transactions. But that doesn't mean you can freely make as many UPI transactions as you want without ever receiving an Income Tax notice.
In this video, we'll explain all the exact details about the limits related to UPI transactions, which will help reduce the chances of you receiving a notice.
#UPILimits #MaxUPILimit #IncomeTax2024 #JoshMoney
Follow Josh Money on Instagram: Instagram: joshmoneylive
👆Click here to Download CashKaro App👆
आज से अपनी सारी Online Shopping पर Cashback पाओ! और इस Cashback को आप अपने bank account में ट्रांसफर करें!
AVOID Income Tax Notice | Max UPI Transactions Limit in 2024 | UPI Major Updates in 2024 |Josh Money
Digital payments through UPI apps and e-wallets are rapidly replacing physical cash as a payment method. According to the National Payments Corporation of India (NPCI), UPI transactions touched 119% growth in February 2023. UPI payment platforms or e-wallets come with a user-friendly interface; anyone can use it with just a few clicks. However, did you know that you might need to pay tax on UPI transactions?
If you read the Income Tax notifications carefully, you'll find specific limits for various transactions like cash deposits, credit card transactions, fixed deposits (FD), savings accounts, and current accounts.
However, the Income Tax department hasn't specified any specific limit for UPI transactions. But that doesn't mean you can freely make as many UPI transactions as you want without ever receiving an Income Tax notice.
In this video, we'll explain all the exact details about the limits related to UPI transactions, which will help reduce the chances of you receiving a notice.
#UPILimits #MaxUPILimit #IncomeTax2024 #JoshMoney
Follow Josh Money on Instagram: Instagram: joshmoneylive
4 ماه پیش
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