
Bakeries, condiments and small enterprises protest against GST notices on July 24
D.B. Pratap Shetty, president of the association, expressed concern over the GST notices to small-scale businesses like condiments stores, bakeries, milk sellers, vegetable vendors, and others, and said these notices had created a sense of fear among traders.
These notices have been issued based on transactions in their UPI payment gateway linked accounts.
'Most of our transactions — over 95% — are through digital payments,' Mr. Shetty said, and warned that if their issues are not sorted out, they will launch a State-wide protest against the UPI payment system. 'We will begin a campaign to break UPI scanners as a mark of protest,' he warned.
He alleged that traders with annual transactions between ₹20 lakh and ₹40 lakh are being served notices, which goes against the standard GST norms.
While demanding the withdrawal of such notices, the association has demanded that the government allow traders with turnover exceeding ₹40 lakh per year to settle their dues under the presumptive tax scheme by paying a flat 1% tax based on available records.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


India.com
an hour ago
- India.com
GPay, PhonePe, Paytm, Amazon Pay users ALERT! August 1 is important date for for you due to...
(File) UPI rules: In a major update for the millions of GPay, PhonePe, Paytm, Amazon Pay users across India, the National Payments Corporation of India (NPCI) has introduced sweeping changes in the Unified Payments Interface (UPI) usage rules, which will come into effect from August 1, 2025. The changes are designed to make the UPI ecosystem more efficient and reliable, and resolve issues like server interruption and payment delays/failures, the agency said. What are major changes under new UPI rules? The biggest change which will come into effect from August 1, is that UPI users will only be able to check their account balance a maximum of 50 times in 24 hours on any given UPI app. According to the NPCI, many users habitually check their account balance after every transaction, which put more stress on the UPI servers and slows down speed of transactions. The cap on checking account balance will ensure better performance and lower issues. Similarly, the NPCI has also capped the number of times users can view the list of the bank accounts linked to their mobile number to 25 times in a single day. This will further reduce unnecessary API calls and improve server performance. Additionally, UPI users cannot repeatedly check the status of failed transactions as the limit has been capped to the thrice a day, and users must wait at least 90 seconds before rechecking status. Under the new UPI rules, autopay will only trigger at specific times during the day. As per details, autopay facility for various services like bills, subscriptions, etc, will only be processed only during non-peak hours at these fixed time slots– before 10 AM, 1 PM-5 PM, and after 9:30 PM. This will ensure the UPI serves runs smoothly during peak hours and regular transactions are processed without any interruption. Meanwhile, the NCPI has issued directions to all banks and payment service providers (PSPs) to monitor and control the use of APIs in order to minimize system disruptions. Failure to comply with the rules could result in restriction of API access, ban on adding new users or even fines, the agency warned. Why NCPI revamped UPI usage rules? The primary objective behind the sweeping changes in UPI rules is to reduce unnecessary load on the UPI system, make the server faster, and more stable to ensure more secure and reliable transactions. The new rules will apply to users of all UPI apps such as Amazon Pay, GPay, PhonePe and Paytm. Contrary to rumors, the transaction limit on sending money via UPI remains unchanged.

Time of India
an hour ago
- Time of India
'Not In Favour': Meloni SHUTS DOWN Macron On Palestine Move; ‘If Something Doesn't Exist…'
'As Deep As the Sea': Modi's BIG 'Mahasagar' Diplomacy Message To China With Mega Maldives Deals Prime Minister Narendra Modi, speaking alongside Maldivian President Mohamed Muizzu, declared that India's friendship with Maldives runs 'deep as the sea.' As both nations celebrate 60 years of diplomatic ties, PM Modi announced a $565 million Line of Credit, pledged continued defence support, and launched talks for a landmark Free Trade Agreement (FTA). With initiatives like direct Rupee-Rufiyaa trade and UPI-based transactions expanding rapidly, India is cementing its economic and cultural footprint in the Indian Ocean. A commemorative stamp release, showcasing traditional boats, reflected shared heritage. PM Modi declared 'Friendship First' as the guiding spirit of ties, even as President Muizzu praised India's vital role. This visit marks a strategic reboot in South Asia's geopolitics and soft power diplomacy, sending a strong message to rivals in the region. Watch how Modi turned a cultural celebration into a powerful policy pitch.#pmmodi #narendramodi #modispeech #pmmodilive #modiinmaldives #indiamaldives #maldives #mohamedmuizzu #modimuizzu #lineofcredit #freetradeagreement #diplomacy #strategicaid #indianoceanstrategy #housingprojects #toi #toibharat #bharat #trending #breakingnews #indianews #toi #toibharat #bharat #trending #breakingnews #indianews #toi #toibharat #bharat #trending #breakingnews #indianews 12.2K views | 1 day ago


Time of India
an hour ago
- Time of India
"India will be a very crucial partner going forward," Maldives President Mohamed Muizzu says
Maldives President Mohamed Muizzu acknowledged India's cooperation with the nation through all these years. Muizzu, while talking to reporters on the sidelines of their Independence Day celebration, said that he was excited to see the implementation of the MoUs signed here and the implementation of the UPI. "We all see how India has helped the Maldives in the past, and nobody will doubt how India will be a very crucial partner going forward," he said. When asked about agreements with India related to the Line of Credit, debt repayment, FTA, and UPI, Muizzu said that it will help the locals as well as tourists. "Definitely it will greatly help the Maldives going forward. So we are really looking forward to implementing the agreements and the MoUs we have signed. I think both our countries, people are looking forward because it will definitely benefit the tourists who come here and for the Maldivians who go to India. We are very hopeful, very hopeful. I think we just started on it and definitely help locals and tourists from India who come here. We hope to conclude it very soon," he said. Live Events Muizzu further thanked PM Modi for accepting his invitation to the Independence Day celebrations. "On behalf of all the Maldivians, I sincerely thank Prime Minister Modi for accepting my invitation to come to the Maldives on this very important historic occasion," he said. Muizzu hoped to see a rise in tourism from India post PM Modi's visit. "Well, India is one of the major tourism countries that helps the Maldives with tourism. And definitely with Prime Minister's visit, it is going to increase a lot and I'm surepeople to people exchange between the two countries will greatly boost," he said. Muizzu said that PM Modi was a wonderful person and is fond of building good relations with his neighbours. "PM Modi is a wonderful person who is very fond of building relationships between India's neighbours. The Maldives and India have a very good relationship that goes back centuries, and with PM Modi's leadership, cooperation between the two governments is going to be even more prosperous in the days ahead," he said. On being asked about his plan to visit India this year, Maldivian President Mohamed Muizzu says, "I hope so. I don't know whether this year or not, but maybe in the near future."