Business

UPI Transactions Over ₹20–₹40 Lakh May Attract GST Registration: Karnataka Tax Department Issues Alert


The Commercial Taxes Department of Karnataka has stated that individuals or entities making UPI transactions exceeding ₹20 lakh for services or ₹40 lakh for goods annually may be liable to register under GST. This move aims to track unregistered businesses and bring high-volume digital sellers into the formal tax net.