Friday, July 18, 2025

UPI or no UPI, traders must pay GST, say authorities, promising to make GST registration smooth

The department issued a detailed statement responding to reports that sections of traders have stopped accepting payments through the UPI apps after it issued GST notices to unregistered traders whose annual UPI transactions breached the Rs 20 lakh cap in the case of services and Rs 40 lakh in the case of goods.

from Tech-Economic Times https://ift.tt/KGjVSsD

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

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