Explorer
Advertisement
Will GST Make Payments With Credit And Debit Cards More Expensive | Paisa Live
The GST Council is preparing to impose an 18% Goods and Services Tax (GST) on digital transactions up to ₹2,000 made with credit and debit cards in its upcoming meeting. Until now, transactions below ₹2,000 had been exempt from such charges. This move, targeting payment aggregators (PAs), is likely to increase the cost of small-value digital transactions for consumers. The new GST policy aims to streamline tax collection on digital payments but could lead to higher costs for everyday transactions. As the council finalizes this decision, both consumers and businesses will need to adjust to these potential changes in the cost structure of digital payments.
Personal Finance
Discover How You Can Pay Toll Tax Using Your Vehicle Number Plate | Paisa Live
Discover How UMID Card Provides Free Health Insurance Benefits | Paisa Live
HDFC Unveils Exclusive Benefits For Gig Workers And Freelancers: Special Facilities Designed For The Modern Workforce | Paisa Live
Will GST Make Payments With Credit And Debit Cards More Expensive | Paisa Live
HDFC Bank Home Loan Customers Face Bad News: Major Change In Interest Rates | Paisa Live
View More
Advertisement
Advertisement
Advertisement
Top Headlines
Cities
Cities
Cities
World
Advertisement
Trending News
Sagarneel SinhaSagarneel Sinha
Opinion