Tag: payment aggregators

GST Council meet: FM clarifies exemptions for payment aggregators; no GST on loan penal charges – CNBC TV18

[ad_1] The GST Council, during its 55th meeting in Jaisalmer, addressed several key issues related to the financial sector. Finance Minister Nirmala Sitharaman clarified that payment aggregators handling transactions below ₹2,000 get GST exemptions. Company Value Change %Change However, this exemption does not extend to payment gateways or fintech services. Additionally, Sitharaman announced that no […]

Decision on 18% GST for payment aggregators deferred; referred to Fitment Committee: Uttarakhand FM – CNBC TV18

[ad_1] The decision to levy an 18% Goods and Services Tax (GST) on payment aggregators for income generated from transactions below ₹2,000 — anticipated to be a key point in the 54th GST Council meeting — has been deferred. The matter has been referred back to the GST Fitment Committee for further evaluation, according to […]

GST Council meeting on September 9: A look at key proposals and expected changes – CNBC TV18

[ad_1] SUMMARY The 54th GST Council meeting, scheduled for September 9, 2024, is set to tackle crucial issues, including the future of the GST compensation cess and potential changes to the GST rate on insurance premiums. By Anshul   September 7, 2024, 6:15:05 PM IST (Published) [ad_2] Source link

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