Credit Card Service Tax
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Google Pay Reportedly Levies Convenience Fees on Bill Payments via Credit and Debit Cards
Google Pay is now levying convenience fees on bill payments made via credit and debit cards, according to a report. Until now, the unified payments interface (UPI) platform was charging users Rs. 3 as a service fee on mobile recharges. However, it will now reportedly also levy a charge, in addition to the goods and service tax (GST), on utility bil...
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Paytm Payments Bank Wins Final RBI Nod, Can Operate as Bharat Bill Payment Operating Unit
Paytm Payments Bank said on Monday that the company had received final approval from the Reserve Bank of India to offer bill payment services in the country. The service can now function as a Bharat Bill Payment Operating Unit (BBPOU) in India, with support for bill payment services of electricity, phone, DTH, water, gas insurance, loan repayments,...
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"Will Be Back Working For You After May 23": PM Modi Promise To Traders
Prime Minister Narendra Modi today promised to establish a traders welfare board upon "coming back to power on May 23", the date when votes for the Lok Sabha elections will be counted. He said this at a traders' convention in the national capital, where he announced a series of welfare measures for small shopkeepers such as Rs 50-lakh loan without ...
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From Eating Out To Credit Card Bill Payment, How GST May Impact You
Services, depending on their nature, have been placed under four tax rates of 5 per cent, 12 per cent, 18 per cent and 28 per cent.
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No Service Tax on Credit, Debit Card Transactions Up to Rs. 2,000
The service tax waiver on transactions less than Rs. 2,000 made using credit, debit and other cards is likely to promote cashless payments.
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Tax Break On Payments Upto Rs 2,000 If You Use Card, Not Cash
Starting today, you will not be charged any service tax when you use your credit or debit card for up to Rs 2,000. Currently, you pay 15% as the tax on these transactions.
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No Surcharge, Service Charge on Card, Digital Payments: Cabinet
"The promotion of payments through cards and digital means will be instrumental in reducing tax avoidance, migration of government payments and collections to cashless mode."
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Google Pay Reportedly Levies Convenience Fees on Bill Payments via Credit and Debit Cards
Google Pay is now levying convenience fees on bill payments made via credit and debit cards, according to a report. Until now, the unified payments interface (UPI) platform was charging users Rs. 3 as a service fee on mobile recharges. However, it will now reportedly also levy a charge, in addition to the goods and service tax (GST), on utility bil...
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Paytm Payments Bank Wins Final RBI Nod, Can Operate as Bharat Bill Payment Operating Unit
Paytm Payments Bank said on Monday that the company had received final approval from the Reserve Bank of India to offer bill payment services in the country. The service can now function as a Bharat Bill Payment Operating Unit (BBPOU) in India, with support for bill payment services of electricity, phone, DTH, water, gas insurance, loan repayments,...
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"Will Be Back Working For You After May 23": PM Modi Promise To Traders
Prime Minister Narendra Modi today promised to establish a traders welfare board upon "coming back to power on May 23", the date when votes for the Lok Sabha elections will be counted. He said this at a traders' convention in the national capital, where he announced a series of welfare measures for small shopkeepers such as Rs 50-lakh loan without ...
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From Eating Out To Credit Card Bill Payment, How GST May Impact You
Services, depending on their nature, have been placed under four tax rates of 5 per cent, 12 per cent, 18 per cent and 28 per cent.
-
No Service Tax on Credit, Debit Card Transactions Up to Rs. 2,000
The service tax waiver on transactions less than Rs. 2,000 made using credit, debit and other cards is likely to promote cashless payments.
-
Tax Break On Payments Upto Rs 2,000 If You Use Card, Not Cash
Starting today, you will not be charged any service tax when you use your credit or debit card for up to Rs 2,000. Currently, you pay 15% as the tax on these transactions.
-
No Surcharge, Service Charge on Card, Digital Payments: Cabinet
"The promotion of payments through cards and digital means will be instrumental in reducing tax avoidance, migration of government payments and collections to cashless mode."
