News
Government mulling 2 per cent relief on GST for digital payments
- Date:
- August 28, 2017
- Source:
- Economic Times
You may soon need to shell out less if you pay digitally. The government is looking at giving a 2% incentive over the applicable GST tax rate in case of digital payments where the bill is up to Rs 2,000, in a move aimed at discouraging cash payments. According to sources, the proposal - which may give the benefit in the form of a discount or cash-back - is being discussed between the finance minis…