South India State News
In Bengaluru, several small traders, food vendors, and street shopkeepers have stopped accepting UPI payments and switched back to cash-only transactions. The shift follows a wave of GST notices sent to unregistered vendors whose UPI transactions crossed prescribed turnover thresholds. Many vendors fear that digital payment records are being used by tax authorities to
Government Policies
The Finance Ministry has approached the Supreme Court seeking clarification regarding the issuance of tax notices to online gaming companies. This exclusive development was first reported by CNBC-TV18, highlighting the government’s efforts to resolve ambiguities in the Goods and Services Tax (GST) framework for the growing online gaming sector. Key Issue: Tax