Akash Topder
TF Ace
I want a Rupay CC for UPI usage and I was considering Tata Neu Infinity because it's FYF for me and might be the best rewarding card for UPI transactions right now. As it's not LTF for me, I need to hit 3L spend per year. As my usage on Tata brands are negligible and already holding the SBI cashback card I'll only be using the Infinity for UPI. I want to know to hit the 3L target if I send money to my own or my parent's marchant account then what will the income tax, GST, MDR or any other type of problems that may occure?
Note: I'll only be doing this to hit 3L milestone for annual fee waiver criteria, not to rotate money and gaining cashback.
Note: I'll only be doing this to hit 3L milestone for annual fee waiver criteria, not to rotate money and gaining cashback.