Home Created by potrace 1.16, written by Peter Selinger 2001-2019News Created by potrace 1.16, written by Peter Selinger 2001-2019India Created by potrace 1.16, written by Peter Selinger 2001-2019No Service Tax on Debit, Credit Card Transactions Up to Rs 2,000

No Service Tax on Debit, Credit Card Transactions Up to Rs 2,000

The decision comes amidst Prime Minister Modi’s call for a cashless economy.

Sameeksha Khare
India
Published:
(Photo: iStock)
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(Photo: iStock)
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  • To promote cashless payments, the government has decided to waive off service tax on debit and credit transactions of up to Rs 2,000.
  • The decision comes amidst Prime Minister Modi’s call for a cashless economy.
  • Many have derided this and have said that it is not possible for India to go completely cashless.

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