UPI UPDATE — 16 SEPTEMBER 2026UPI remains free for P2P transactions. Merchant transactions up to ₹2,000 remain free. Applicable P2M transactions above ₹2,000 can attract MDR from 15 October 2026 under the current framework.Read full update →

TDS on UPI Payments

Short answer

UPI does not itself trigger TDS. Whether tax must be deducted depends on the nature of the underlying payment, who is paying, and whether the applicable threshold is crossed — the payment rail is irrelevant.

Last updated: 16 September 2026Last verified: 16 September 2026Applicable from: 1 April 2026 (Income Tax Act, 2025)
Section numbers changed from 1 April 2026
Transactions from 1 April 2026 are governed by the applicable provisions of the Income Tax Act, 2025. Do not rely on older section numbers for post-April-2026 transactions — check the current provision on the Income Tax Department website before quoting a section.

Where TDS can arise

Payment typePotential TDS?Who deductsWhenExample
SalaryYesEmployerAt the time of paymentMonthly salary credited by UPI or bank transfer
Professional / technical feesYes, if threshold crossedThe paying businessOn credit or payment, whichever is earlierConsultant invoice paid by a company
Contract paymentsYes, if threshold crossedThe paying businessOn credit or paymentJob-work or service contract
RentYes, if threshold crossedTenant (business, and individuals in specified cases)On credit or paymentCommercial premises rent
Commission / brokerageYes, if threshold crossedThe payerOn credit or paymentAgency commission
InterestYes, if threshold crossedBank or payerOn credit or paymentFixed deposit interest
Individual paying a friend by UPINoSplitting a dinner bill

Thresholds and rates must be read from the current provisions published by the Income Tax Department; we do not print rates that could go stale between notifications.

✓ Official sourceIncome Tax Department, Government of India · View · Verified 16 September 2026

If you receive less than you invoiced

When a business client pays you by UPI after deducting TDS, the amount credited is net of tax. The deducted amount is not lost — it appears as a tax credit against your PAN. Reconcile every UPI receipt with the gross invoice and your tax credit statement before filing.

Related pages

This page is educational information, not professional tax, legal or financial advice. Rules can change — verify against the latest official notification or consult a qualified professional before acting.