Give rise to New Delhi for non-cash transactions, the government announced big. It is now declared to be lost under the service tax on payment cards to Rs 2,000. Means that you will not pay tax on Rs 2,000 debit or credit card.
It seems that the first 14 per cent service tax on payments from debit or credit card. Barley will you pay Rs 280 per Rs 2,000. This can be considered as a big relief.
Indeed, in the fight against money laundering, the government is working on ways to increase the transaction digital place of cash transactions. The government is engaged in making various convenient and attractive options, such as online and card payments. Free card payment service tax of Rs 2,000 from today’s announcement is a step taken in the same direction.
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