Domestic money transfer: BCFI wants govt to do away with GST
Migrant labourers have to pay GST for sending money through BCs The Business Correspondent Federation of India (BCFI) wants the government to do away with the Goods and Service Tax (GST) imposed on senders, predominantly migrant workers, when they make a domestic money transfer to a rural area through Business Correspondents (BCs). Currently, BCs charge the senders 1 per cent of the mo…