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What is the newly increased UPI transaction limit for tax payments in India?

1. ₹2 lakh
2. ₹5 lakh
3. ₹10 lakh
4. ₹15 lakh

Correct answer: ₹5 lakh

Solution

The UPI transaction limit for tax payments in India has been increased to ₹5 lakh. This applies specifically to tax-related payments and not to all UPI transactions.

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