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GST Council to Consider 18% Tax on Mobile Wallet Payments for Transactions up to Rs 2000

The GST Council is expected to discuss the possibility of imposing an 18% GST on payments made through mobile wallets and other digital payment apps for transactions up to Rs 2000. This move is aimed at increasing tax compliance and revenue collection in the digital payment sector.

Source: goodreturns.in

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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