Due to RBI’s new auto debit rules, fintech startups run the risk of attracting a 2% equalisation levy as well as additional GST at 18% on part of the money they make through such an arrangement, especially in the case of OTT subscriptions.
from Tech-Economic Times https://ift.tt/3a2HWQ9
Saturday, October 2, 2021
RBI’s auto debit rule could cause tax woes for fintech startups
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