RBI changes UPI payment limit to up to Rs 5 lakh per transaction for tax payments, introduces ‘Delegated Payments’ | Tech Tips
The Reserve Bank of India has increased the UPI transaction limit for tax payments, raising it from Rs 1 lakh to Rs 5 lakh. This move aims to make higher-value tax transactions more convenient for consumers. However, the repo rate remains the same at 6.5 percent. Here is everything you need to know. UPI transaction…