Last Updated : Mar 26 2019 6:29AM     Screen Reader Access
News Highlights
BJP terms Congress’s minimum income promise as bluff            Filing of nominations for 1st phase of LS polls ends            NCP releases manifesto for Lok Sabha polls            SC issues notice to CBI in case against Mulayam, sons            IPL: Rajasthan win toss, opt to field against Punjab           

National News

Aug 04, 2018
8:43PM

GST Council to offer cashbacks to poor sections of society for making digital payments : FM Piyush Goyal

PIB
Finance Minister Piyush Goyal today said the GST Council has approved a proposal to offer cashbacks to the poor sections of society for making digital payments through Rupay Debit card, BHIM, Aadhaar, UPI and USSD.

Briefing media after the 29th meeting of the GST Council in New Delhi, the Finance Minister said volunteer states would roll out incentives on a pilot basis for digital payments. Once implemented, customers would get a cash back of 20 per cent of the total GST amount, subject to a maximum limit of 100 rupees. 

Mr Goyal said that issues related to small businessmen and retailers were discussed today. He informed that a group of ministers, headed by Minister of State for Finance Shiv Pratap Shukla, has been formed to look into GST related issues of Micro, Small and Medium Enterprises, MSME sector. 

The Finance Minister said the council has decided to form sub committees under the leadership of Minister of State for Finance, Shiv Pratap Shukla to look after issues concerning MSME sector. Mr Goyal said the Law Committee will take decisions related to law and procedures and Fitment Committee will take decisions related to rates. 

The Minister said the recommendations made by the two panels will be further considered by the Group of Ministers which will be finally taken up for discussion by the GST Council.

Live Twitter Feed

Listen News

Morning News 25 (Mar) Midday News 25 (Mar) News at Nine 25 (Mar) Hourly 26 (Mar) (0605hrs)
समाचार प्रभात 25 (Mar) दोपहर समाचार 25 (Mar) समाचार संध्या 25 (Mar) प्रति घंटा समाचार 26 (Mar) (0600hrs)
Khabarnama (Mor) 25 (Mar) Khabrein(Day) 25 (Mar) Khabrein(Eve) 25 (Mar)
Aaj Savere 25 (Mar) Parikrama 25 (Mar) Lok Ruchi Samachar 24 (Mar)

Listen Programs

Market Mantra 25 (Mar) Samayki 25 (Mar) Sports Scan 25 (Mar) Spotlight/News Analysis 25 (Mar)
    Public Speak

    Country wide 21 (Mar) Surkhiyon Mein 21 (Mar) Charcha Ka Vishai Ha 20 (Mar) Vaad-Samvaad 19 (Mar) Money Talk 19 (Mar) Current Affairs 22 (Mar)