Today's forecast looks pretty straightforward.
Free in the morning.
Free in the evening.
And still free next week.
UPI remains free for customers.
#UPI#UPIChalega#MDR#DigitalPayments
Certain media reports have alleged that GST on UPI Merchant Discount Rate (MDR) will burden small merchants and make digital payments costly. This is incorrect.
MDR applies only to P2M transactions above ₹2,000. Transactions up to ₹2,000 continue to have zero MDR and therefore zero GST impact. Government data indicates that transactions of up to ₹2,000 constitute more than 96% of UPI merchant transaction volume. As a result, the overwhelming majority of UPI payments will not attract MDR and hence no GST on MDR.
Further, GST paid on MDR by a merchant will be adjusted against the GST payable on the sale of goods, in the same manner that input taxes are set off against output tax liability. Consequently, merchants do not bear the cost of GST on the MDR amount paid by them.
Merchants with monthly UPI receipts of up to ₹1 lakh are not liable to pay MDR and therefore do not even have the issue of GST on MDR.
Hence, apprehensions that GST on MDR will impose an additional burden on merchants are misplaced. The overwhelming majority of UPI transactions and small merchants remain unaffected.
#UPI #DigitalPayments #DigitalIndia
@cecilia_hsueh Dear Madam, please reply to my comment. I wanted to ask you that it has been more than 7 months since you closed Mexc exchange in India. When will Mexc exchange be back in India?
@nsdlpb@Rajkuma22199936 I have been trying to connect with you for the last 7 days but I have not received any response from your customer care till now. Perhaps I will have to complain to RBI only then you will improve.
बेटा सुधर जाओ @nsdlpb वालो नहीं तो मेरे 5300 रुपयों के चक्कर में तुमको भी कोर्ट के चक्कर काटने पड़ेंगे मेरे अकाउंट का पिछले 5 दिनों से क्रेडिट बंद बंद कर दिया है और ईमेल भी किया साथ कॉल भी किया लेकिन इनके कस्टमर केयर ही कॉल अटेंड नहीं करते हैं अभी समय है सुधर जाओ
@nsdlpb
बेटा सुधर जाओ @nsdlpb वालो नहीं तो मेरे 5300 रुपयों के चक्कर में तुमको भी कोर्ट के चक्कर काटने पड़ेंगे मेरे अकाउंट का पिछले 5 दिनों से क्रेडिट बंद बंद कर दिया है और ईमेल भी किया साथ कॉल भी किया लेकिन इनके कस्टमर केयर ही कॉल अटेंड नहीं करते हैं अभी समय है सुधर जाओ
@nsdlpb
माननीय विधानसभा सदस्य श्री भागचंद टांकडा जी बान्दीकुई विधायक का बहुत-बहुत धन्यवाद और आभार 🙏🏻
विधायक साहब आप हमेशा सर्व समाज को हक दिलाने का काम करते आ रहे हो और आपने हमारे हक व अधिकारों के सर्व प्रथम पत्र लिखकर हमें गौरवान्वित किया उसके लिए धन्यवाद और आभार 🙏🏻
#cpsaini
#chandraprakashsaini
#25फरवरी_विधानसभा_घेराव
@bhagchandtankda
@cecilia_hsueh Dear Mexc Exchange, we request you that you are losing your user base because you areknown for small and meme coins but first you controlled the risk and now no meme coin is getting listed, should we leave the exchange and go to some other exchange?@MEXC_Official