How to make BCs more viable
Exempting all Business Correspondents from TDS and applying nil GST rate to all transactions performed by them will help At the end of a long day of work, Rajendra, a construction worker from Bihar, leaves his worksite in Delhi and heads to a local kirana shop that doubles up as a Business Correspondent (BC). He buys some snacks and sends ₹1,000 in remittances back home. Only a few yea…