Monday, December 23, 2024

GST on Rides: Platforms, unions push for review of levy on SaaS model as CBIC escalates it to GST Council

The GST Council delays a decision on the GST levy for ride-hailing apps. Companies and driver unions seek clarity on the SaaS model's tax implications. Uncertainty looms over future investments and driver earnings. AAR rulings create confusion about GST applicability. Discussions continue regarding GST on fares paid outside the platforms.

from Tech-Economic Times https://ift.tt/swfb73i

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MDR on UPI will hit businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam Ramesh

Sitharaman accused the opposition leader of "spreading a canard" and clarified that MDR "applies only on the merchants and no...