20 percent GST cashback on transactions using RuPay and BHIM platforms, subject to a limit of Rs 100 per transaction
The GST Council in its 29th Meeting has approved digital incentives in the form of cashback of 20 per cent of GST paid on transactions using RuPay and BHIM platforms, subject to a limit of Rs 100 per transaction.
The meeting was held specially to discuss concerns and issues faced by micro, small and medium enterprises (MSMEs).
It has been decided to launch a pilot project under which users who make transactions through RuPay card, BHIM, Aadhaar, UPI, USSD can be given the incentives in the form of cash back. The pilot programme will be implemented in any state on a voluntary basis.official.
It is understood that Uttar Pradesh, Bihar, Maharashtra, Gujarat, Tamil Nadu and Assam have concurred to join the pilot project.
Calculation of functional disability depends on assessing the victim’s earning capacity in the open, competitive market – Supreme Court In…
Appeal against every decision of ITAT shall lie only before the High Court within whose jurisdiction the Assessing Officer who…
Supreme Court recommends action against Commissioner of Customs who relied upon non-existent AI generated case laws. Supreme Court recommends action…
ITAT power to pass such orders "as it thinks fit" implies a judicial discretion to be exercised within the parameters…
Mere non-deduction of TDS by the deductor on a transaction does not change the character of the transaction to make…
ICAI has extended the last date to online submit Multipurpose Empanelment Form (MEF)- 2026-27 from 29th August 2026 to 9th…