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Streamlining GST or tax cut: What should the govt choose?

I-T cut would be ill-timed, given the huge shortfall in revenues after the steep cut in corporate tax .


Jan 23, 2020, 05.30 AM IST



Payment companies weigh ways to recoup MDR losses

These companies have urged the Centre to nudge banks to compensate “a minimum of 0.25% of the transaction amount for all the UPI and RuPay, Person to Merchant (P2M) transactions” for sustained service and ecosystem expansion in the absence of any clear revenue model.

SBI, NPCI seek ‘Visa power’ for RuPay cards

Zero MDR would disincentivise banks to issue RuPay cards and they would prefer its rivals, SBI ha...

No MDR on RuPay,UPI payments will kill industry, warns industry

The move will apply to all companies with a turnover of Rs 50 crore or more. ...

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