Payments through digital channels including internet banking, debit card and credit card are likely to become cheaper. The Union Budget, which will be presented on February 1, is likely to announce tax rebates on such transactions. Currently, payments ranging from restaurant bills to booking a ai…
Tag: Krishi Kalyan Cess
Council fixes 4-level GST rate structure
The Goods and Services Tax (GST) will be levied at multiple rates ranging from 0 per cent to 28 per cent. Ultra luxuries, demerit and sin goods, will attract a cess for a period of five years on top of the 28 per cent GST. Overcoming opposition from some States, the GST Council finalised on [&hel…