GST on subscription ride-hailing platforms like Rapido and Bharat Taxi may hit driver earnings: Report - The Economic Times
Synopsis A new report warns that extending GST to subscription-based ride-hailing platforms like Rapido could significantly impact drivers and passengers. The study suggests this move might lower driver earnings, discourage participation, and reduce passenger demand. Drivers prefer predictable costs and greater control, while passengers are price-sensitive. The report advocates for a clearer GST f…