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Govt to waive service tax on card transactions up to ₹ 2000

Govt to waive service tax on card transactions up to ₹ 2,000 - News and Press Release - Dated:- 8-12-2016 - New Delhi, Dec 8 (PTI) Government will waive service tax on debit and credit card transactions of up to ₹ 2,000 in a bid to promote digital transactions amid cash crunch following withdrawal of old ₹ 500 and 1,000 banknotes. The government has decided to exempt services by an acquiring bank to any person in relation to settlement of an amount up to ₹ 2,000 in a sing .....

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