
UPI tax notices spark trader revolt in Bengaluru
Angered by the sudden notices, traders across Bengaluru have begun displaying signs reading 'No Google Pay, No PhonePe — Cash Only' at their shops to discourage digital payments that they fear might attract further tax demands.
Owners of condiment stores, tea stalls, coffee outlets and petty shops have decided to shut their businesses on July 25 as a mark of protest. Pamphlets urging traders to observe the bandh have already been circulated.
Traders are also planning an indefinite sit-in protest at Freedom Park from 10 AM on July 25. Adding to the unrest, vendors have warned that the sale of milk and dairy products could be disrupted from July 23, as a mark of symbolic protest.
The backlash has grown louder after the department issued a Rs43 lakh tax notice to a vegetable vendor in Manjunatha Nagar. 'I've only been running this vegetable shop for two years. I've received two notices asking me to pay Rs43 lakh. If they force this, I'll have to shut shop and return to my hometown,' said Sagar, the distraught vendor.
Some pushcart vendors have reportedly received notices too, deepening concerns among Bengaluru's small business community over the future of digital payments and compliance burdens.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)

Business Standard
41 minutes ago
- Business Standard
CAT 2025 notification out: Know exam dates, steps to apply and more
The Common Admission Test (CAT) 2025 notification has been announced. Interested applicants in pursuing an MBA from IIMs and other premiere business schools in India can apply on the CAT official website at from August 1, 2025. The exam will be held in exam centres spread across around 170 cities nationwide. Applicants have to choose any five exam cities seeing their preference. The complete list of cities may be subject to modifications based on the discretion of the CAT officials. Admission to MBA programs at IIMs and other prestigious B-schools in India requires passing the entrance exam. According to the announcement, CAT 2025 will take place online at several locations across the country on November 30. CAT 2025: Important dates 1. Commencement of Registration and time: August 1, 2025, at 10 am 2. End of registration date and time: September 13, 2025, at 5 pm 3. Date of downloading an admit card: November 5 to November 30, 2025 4. Commencement of exams: November 30, 2025 5. Result date: First week of January, 2026 (tentative). CAT 2025 Information in Brief Event Date(s) Time CAT of Registration August 1, 2025 10:00 AM End of CAT Registration September 13, 2025 5:00 PM CAT Admit Card Download Window November 5 – November 30, 2025 - CAT of Exams Date November 30, 2025 - Result Declaration (Tentative) First Week of January, 2026 - How to apply for IIM CAT 2025? Step 1: Go to the official website of IIM CAT at Step 2: Press on the 'New Registration' link and then fill in the valid email ID and other details. Step 3: Enter the details in the CAT 2025 application form with required right information. Step 4: Upload the essential documents, make the payment and then send. Step 5: Download the confirmation page and take a printout of the same for later reference. IIM CAT 2025: Documents required • Class 10 and 12 mark sheets • Graduation mark sheet • Signature • Work experience certificate (if applicable) • Photo identification • Passport-size photograph • Category certificates such as SC/ST/PwD certificates (if important). CAT 2025 registration dates and fee details 1. General category candidates: Rs. 2,600 2. SC, ST, and PwD categories: Rs. 1,300 The fee can be paid online using credit or debit cards, UPI, and net banking. Payment must be submitted during the application process in order to register for the exam. CAT 2025: Eligibility criteria A bachelor's degree from an recognised university with at least 50% (45% for SC/ST/PwD) is required of applicants for CAT 2025. Undergraduate students in their final year may also apply. The official CAT website has a complete list of eligibility requirements. What is CAT? The Indian Institutes of Management (IIMs) administer the Common Admission Test (CAT), a national entrance test, to candidates for admission to their postgraduate management programs, which include the Master of Business Administration. With scores accepted by the IIMs and other major business schools throughout the nation, it is regarded as the most prestigious MBA entrance exam in India. According to information, 21 IIMs, including IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Indore, and IIM Kozhikode, accept CAT 2025 scores. Additionally, recent IIMs that accept CAT results include IIM Bodh Gaya, IIM Jammu, and IIM Visakhapatnam.


Mint
4 hours ago
- Mint
Bank holiday today: Are banks in Gangtok closed for Drukpa Tshe-zi festival on July 28? Check full schedule here
Bank holiday today, on July 28: Banks in northeastern Gangtok city (Sikkim), will remain closed today, July 28 (Monday), due to the Drukpa Tshe-zi festival. All public and private banks in Gangtok and Sikkim, including the States Bank of India (SBI), will be shut today; to be followed by the weekend holiday on August 3 (Sunday). Drukpa Tshe-zi is a Buddhist festival that falls on the fourth day of the sixth month in the Tibetan lunar calendar, and marks Lord Buddha's first sermon. Meanwhile, August 2 is a Saturday, but not a weekend holiday. Only the second and fourth Saturdays, besides all Sundays are weekly holidays for banks in India. Overall, are a total oof 15 listed bank holidays in August this year. You can continue to use online or mobile banking services even on national holidays — unless notified to users for technical or other reasons. For cash emergencies, ATMs are open for withdrawals, app and UPI function as usual. The Reserve Bank of India (RBI) and state governments create a list of holidays for banks, taking into account national and local occasions, operational requirements, religious celebrations and other cultural observances. The central bank makes the announcement through its official website and notifications to banks and other financial institutions. Overall, the month has a total of 15 listed holidays, including Independence Day, Ganesh Chaturthi and Janmashtami, besides other regional celebrations, and the Saturday and Sunday weekly offs. August 3 — (Sunday) — Banks across India closed for Sunday weekend holiday. August 8 — (Friday) — Banks in Gangtok (Sikkim) to be closed for Tendong Lho Rum Faat. August 9 — (Saturday) — Banks in Ahmedabad (Gujatrat), Bhopal (Madhya Pradesh), Bhubaneshwar (Odisha), Dehradun (Uttarakhand), Jaipur (Rajasthan), Kanpur and Lucknow (Uttar Pradesh), and Shimla (Himachal Pradesh) to be closed on account of Raksha Bandhan and Jhulana Purnima; and across India for second Saturday holiday. August 10 — (Sunday) — Banks across India closed for Sunday weekend holiday. August 13 — (Wednesday) — Banks in Imphal (Manipur) closed for Patriot's Day. August 15 — (Friday) — Banks across India closed for Independence Day and Parsi New Year (Shahenshahi) and Janmashtami celebrations. August 16 — (Saturday) — Banks in Ahmedabad (Gujarat), Aizawl (Mizoram), Bhopal and Ranchi (Madhya Pradesh), Chandigarh (UT), Chennai (Tamil Nadu), Dehradun (Uttarakhand), Gangtok (Sikkim), Hyderabad (Telangana), Jaipur (Rajasthan), Kanpur and Lucknow (Uttar Pradesh), Patna (Bihar), Raipur (Chhattisgarh), Shillong (Meghalaya), Jammu and Srinagar (Jammu and Kashmir), and Vijayawada (Andhra Pradesh) will be shut on account of Janmashtami (Shravan Vad-8) and Krishna Jayanthi. August 17 — (Sunday) — Banks across India closed for Sunday weekend holiday. August 19 — (Tuesday) — Banks in Agartala (Tripura) to be closed for Birthday of Maharaja Bir Bikram Kishore Manikya Bahadur. August 23 — (Saturday) — Banks across India closed for fourth Saturday weekend off. August 24 — (Sunday) — Banks across India closed for Sunday weekend holiday. August 25 — (Monday) — Banks in Guwahati (Assam) will be closed on account of Tirubhav Tithi of Srimanta Sankardeva. August 27 — (Wednesday) — Banks in Ahmedabad (Gujarat), Belapur, Mumbai and Nagpur (Maharashtra), Bengaluru (Karnataka), Bhubaneshwar (Odisha), Chennai (Tamil Nadu), Hyderabad (Telangana), Panaji (Goa), and Vijayawada (Andhra Pradesh) will be closed for Ganesh Chaturthi and Samvatsari (Chaturthi Paksha) and Varasiddhi Vinayaka Vrata and Ganesh Puja and Vinayakar Chathurthi. August 28 — (Thursday) — Banks in Bhubaneshwar (Odisha) and Panaji (Goa) to be closed for second day of Ganesh Chaturthi and Nuakhai. August 31 — (Sunday) — Banks across India closed for Sunday weekend holiday.


Time of India
11 hours ago
- Time of India
Rules Change 1st August: LPG Cylinder, Credit Card, UPI सहित 1 अगस्त से बदलेंगे ये अहम नियम
ग़जाला प्रवीन Produced by: | Navbharat Times• 27 Jul 2025, 10:39 pm Rules Change 1st August: LPG Cylinder, Credit Card, UPI सहित 1 अगस्त से बदलेंगे ये अहम नियम