20% cashback on GST likely on RuPay, BHIM using QR codes
The government is working on a proposal whereby citizens could avail of the proposed 20% cashback on goods and services tax on payments made through RuPay cards and BHIM app if they make the transactions using QR codes. The idea is to automatically capture all transaction details including GST rate and the cashback accordingly, a senior government official told ET. For those who…