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Govt incentive to banks

GST not applicable on Govt incentive to banks for promoting RuPay card, low value BHIM-UPI transactions

GST not applicable on Govt incentive to banks for promoting RuPay card, low value BHIM-UPI transactions

Sun, Jan 15, 2023

Last week the Cabinet cleared a Rs 2,600-crore incentive scheme for banks to promote RuPay debit cards and low-value BHIM-UPI transactions in the current fiscal.

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