Tuesday, 31 March, 2026
Bengaluru Merchants Ditch UPI for Cash Amid GST Scrutiny and Vendor Anxiety
By Isha
In Bengaluru, many small vendors are reverting to cash-only transactions, removing UPI QR codes due to growing anxiety over GST notices tied to digital payment records. Traders fear digital trails could trigger tax scrutiny or even eviction. Observers warn this trend may spread nationally as states intensify digital transaction oversight to boost revenue—potentially rolling back India’s progress in cashless payments.
Read full story at Economic Times