News
GST digital discounts may cost Rs 15,000 crore
- Date:
- May 9, 2018
- Source:
- Times Of India
The government has estimated that the Centre and the states may have to forgo up to Rs 15,000 crore in offering discounts of up to Rs 100 on GST for every digital transaction, including those done using credit or debit cards or mobile wallets and mobile and net banking. Sources said the estimate is based on the average ticket size of the transaction being Rs 1,400 and a 2% relief being proposed on…