My salute to the Indian pilot Captain Smit Machchhar for his extraordinary bravery.
Despite being stabbed and seriously injured, he fought back, resisted, opened the cockpit door, and enabled passengers and crew to overpower the attacker โ preventing a catastrophic mid-air disaster.
He saved the lives of 174 people, including Israeli citizens and other nationals.
I wish Captain Machchhar a speedy and full recovery.
He is a true hero.
First pay 30% Income Tax on the money earned.
Then pay between 5% to 18% GST on goods we purchase. (โน27,442 GST at 18% on iPhone Pro Max)
Now, pay an additional MDR which is another form of tax for spending money.
+ you are sharing your location+banking data for free
@MIB_India Who even does a person to person transaction in a large economy. Almost of the transactions in an economy generally are of commercial nature.. @NPCI_NPCI
Revert this decision.. let UPI be a free tool for payments, as it is a public good..!!
For every couple of bad ideas that NDA 3 evades, it embraces at least 1.
This is a bad, bad, bad idea that makes no sense except GoI and babus bowing to pressure from Wal Mart + Google and Visa/Mastercard.
Every FinTech is free to charge extra fees if it wants for its app.
Applying charges on UPI payments will only benefit 3 entities from USA -
1) VISA
2) MasterCard
3) Apple Pay (getting launched in October)
Looks like some babus and netas have been co-opted. The amount of leverage USA has on India is insane.
India mein koi 5 minutes number Google kar le to doodh ka doodh paani ka paani ho jaye.
RBI surplus to Govt : โน2.87 Lakh Crores (US$30 Bn)
Total listed bank profits : โน4.11 Lakh Crores (US$42 Bn)
NPCI - which runs UPI pre tax โsurplusโ : โน 1,888 crores (US$200 Mn)
To nuksaan kis ka ho raha hai UPI se aur kaunsi subsidy de rahi hai Govt UPI pe jo chubh rahi hai?
Cost of running ATMs and cash logistics in India is โน30,500 crores (US$ 3.0 Bn). If you want to optimise shut ATMs and promote UPI instead.
Any levy on UPI is just tax collection. UPI is the one scientific achievement of India everyone acknowledges par ab tax ki bali chadhegi.