India, March 31 -- Several financial rule changes are going to come into effect from April 1, 2025 onwards, impacting UPI users, credit card holders, and pensioners across the country.
A prominent rule change that will take place is related to the new income tax slabs which were introduced in the Union Budget 2025 , wherein individuals earning up to Rs.12 lakh per annum are exempt from paying income taxes.
On top of this, the standard deduction of Rs.75,000 makes annual incomes up to Rs.12.75 lakh tax-free.
Apart from this, the National Payments Corporation of India (NPCI) has now mandated that Unified Payments Interface (UPI) transactions from inactive numbers will not happen anymore.
This is to reduce the possibility of transactions...
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