RBI news for phone pay and google pay users
NOB- Bharath news: The Reserve Bank of India took a key decision in the meeting of the Leverage Policy Committee. To this extent, RBI has given good news to the tax payers who are using Phone Pay and Google Pay. However, the MPC said that those paying income tax, property tax and advance tax will now be allowed to pay up to Rs. 5 lakh in a single transaction. Earlier that limit was only up to Rs.1 lakh. RBI made this key announcement during the bi-monthly monetary policy decision announcement.
