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NPCI raises UPI income tax cap to ₹5 lakh per day

Business
Published on 8 May 2026
NPCI raises UPI income tax cap to ₹5 lakh per day

Verified taxpayers can push past the usual ₹1 lakh limit

During peak tax season, NPCI has expanded the UPI payment limit for verified categories, including income tax, allowing transactions up to ₹5 lakh per day. While most users still face the standard ₹1 lakh daily UPI cap, the higher threshold aims to simplify digital tax compliance and reduce dependence on net banking for larger payments.

  • UPI income tax payments can reach up to ₹5 lakh daily for verified categories
  • The standard UPI daily limit for most users remains ₹1 lakh
  • NPCI’s move is designed to simplify digital tax compliance
  • It may reduce the need for net banking for higher-value payments
Read the full story at Republic

This summarization was done by Beige for a story published on RepublicRepublic

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