The final decision will be made at the GST Council’s 54th meeting. The GST Council may consider the proposal to impose 18 percent Goods and Services Tax (GST) on payment aggregators (PAs) to facilitate small value digital transactions of up to Rs 2,000 through debit and credit cards. Currently, payment aggregators were exempted from GST on transactions less than Rs 2000.
GST Council may clarify that payment aggregators like PineLabs, Razorpay whose platforms can be used for digital payments (QR scanning, POS machine, net banking) of less than Rs 2000 through debit cards, credit cards etc. However, they will have to pay GST on the income earned to facilitate this transaction.
Winter’s here, and it’s time to bring out those cozy blankets, hot drinks, and good…
Winter is here, and it’s officially that time to swap the smoothies for soups and…
Having affairs between Bollywood stars is not a new thing. There are many couples who…
If you think you are tough enough to handle horror, these films will test your…
We all love shopping and spending money, but how many among us think before spending…
Bollywood is the land of glamour and juicy controversies. But there is a dark side…
