TNPSC Thervupettagam

GST Council announces incentives

August 7 , 2018 2115 days 835 0
  • The GST (Good and Services Tax) council in its 29th meeting held in national capital New Delhi has approved cash incentives to promote Digital transactions.
  • The GST Council meeting was chaired by Interim Finance Minister Piyush Goyal.
  • It has announced 20% cashback for digital transactions paid on business-to-consumer transactions using RuPay and BHIM platforms, subject to a cap of Rs 100 per transaction.

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