Bheem - Rupay Payment:-
Government of India has approved the proposal to give 20% cashback in the goods and services to be collected from the digital transaction in order to promote digital payments, on the basis of payment by ATM card or Debit Card and Bhim App under GST A pilot scheme has been launched to give cashback on such a scheme to give such digital consumers a cash benefit of 20% to the maximum amount of money on GST. App or Rupee payments with debit card, you can get the benefit of up to 20 per cent. This offer is being observed by the Government to promote digital payments.
In the 29th meeting of the Indian GST Council on Saturday, Indian Finance Minister Piyush Goyal told that the software will be made for the first time, after which the state will be prepared educationally then this software will be tested after this test. What amount of tax credibility came from how big a digital transaction was in that state? How much the government has done with this software and how much digital payment was promoted, then how big will the Government Tax Compliance be implemented after this, apply in the whole country? The purpose of this digital payment scheme is to encourage low-income people to have digital transactions. At present, most people have a Rupee card, which means that even in the urban and rural areas, the digital economy will increase in the river and the tax implications will increase. This government scheme is a plan to promote digital payments.
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1 comments:
Click here for commentsThe main importance of Pan card is to use as a universal identification inorder to track the financial transactions which will prevent tax evasion. The pan number will remain unaffected by change in the address throughout the india. It also serve as a identity proof.You need pan card for direct payment of taxes, to file income tax returns, to avoid detection of tax at higher rate than due.
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