Tax on UPI Payment : If someone sends you Rs 50,000 through UPI, will it also be taxed? See the rules
Tax on UPI Payment: According to the Income Tax Act, any gift received by someone is exempt and falls under the ambit of income tax. For example, if your friend sends an amount of Rs 50 thousand through UPI, very few people will know whether tax will be levied or not. The way the scope … Read more