Sunday, October 3, 2021

RBI’s auto debit rule could cause tax woes for fintech startups

Due to RBI’s new auto debit rules, fintech startups run the risk of attracting a 2% equalisation levy as well as additional GST at 18% on part of the money they make through such an arrangement, especially in the case of OTT subscriptions.

from Tech-Economic Times https://ift.tt/3a2HWQ9
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WTO MC: Members intensify talks on ecommerce duty moratorium extension at Yaounde

While some countries oppose an extension or favour a two-year period, the US is pushing for a longer duration. from Tech-Economic Times ht...