Recently a post went viral on social media claiming that the Government is considering levying Goods and Services Tax (GST) on UPI transactions over ₹2,000. Facebook Link | Archived Link. However, as we investigated, we came to know that the claim was false. Here’s the fact check. Fact Check We started our investigation by conducting […]
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Recently, a message went viral on social media claiming that senior citizens above 75 years of age do not have to pay income taxes anymore. We came across a post on Facebook that read, “Central Government’s Big Announcement – These People Will Not Have to Pay Tax The Modi government will not have to pay […]
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Amidst the news of taxpayers requesting an extension of the deadline to file ITR, an image of a GoI document went viral on social media claimed to be a circular declaring the extension of the deadline to 31 August. Sharing the image on Facebook, a user wrote, “ITR date extended till 31st August 2024”. Facebook […]
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Have you ever experienced the delightful surprise of reaching into the pocket of an old pair of jeans only to find a forgotten Rs 100 note? What an unexpected joy is that! Well, imagine that same feeling, but on a much grander scale. Imagine learning that you or your deceased family members have money lying […]
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On 19 May, the Reserve Bank of India (RBI) announced that it has decided to withdraw ₹2000 currency notes from circulation. What many have dubbed as “Demonetisation 2.0”, the decision has sparked a mixture of excitement, humor, and uncertainty among the public. In this article, we will explore the actual decision made by the RBI […]
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Google Pay and NCPI has clarified that the viral claim is false and Google Pay operates as UPI app that is recognized has a third party app, which does not require to be a ‘payment system operator’. The RBI’s official spokesperson has also refuted the viral claim. An image showing the Governor of RBI, Shaktikanta […]
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RBI’s official spokesperson confirmed to us that the viral video is edited and this is not RBI Governor’s voice. A video allegedly showing the Governor of the Reserve Bank of India (RBI)- Shaktikanta Das showing him cautioning mobile payment users about application and payment fraud is widely circulating on social media. The viral video shows […]
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The co-designer of the SBI logo Shekhar Kamath has confirmed that the viral message is False. An image circulating on social media shows a top view of the Kankaria Lake of Ahmedabad with the claim that this lake was the inspiration behind the logo of the States Bank of India (SBI). This message has been […]
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A poster is doing rounds on Twitter claiming that India has slipped to 164th place among 193 countries in the list of fastest growing economies. It also claims that India is now 164th economy from being third largest economy in 2011. However, we found these claims to be untrue. India is the fastest growing economy […]
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GST is not applicable on Crematorium Services. Image Credit: Chandan Khanna/AFP Former union minister and veteran Congress leader Jairam Ramesh had tweeted that Goods and Services Tax (GST) on crematorium has been increased to 18%. Apart from Mr. Ramesh, many social media users also made the same claim on Twitter. You can see a few […]
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The chief general manager of RBI clarified that the notification is Fake and has not been issued by RBI. A viral circular in the name of RBI is widely circulating on social media with the claim that this notification has been issued in the name of the Reserve Bank of India claims to offer ₹4 […]
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RBI spokesperson has confirmed to us that the viral image is Fake and no such announcement or changes have been made. The viral image is edited. An image of a 500-rupee note with Lord Ram’s image printed on it is widely circulating on social media with the claim that it is the new 500-rupee note […]
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A post by ‘Shabab Alam’ has been shared on Facebook on 16th October 2019, showing the passbook of a bank. The description of the post states that, “HDFC bank has now started intimating its customers through a stamp on the pass book that only one lakh rupees will be paid in event that the bank […]
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