GST Exemption Clarification: Impact on Payment Gateways and Aggregators in India
In recent developments within India’s fintech sector, the GST Fitment Committee has made crucial clarifications about the tax exemptions for payment gateways (PGs) and payment aggregators (PAs). The clarification specifically addresses how these services will be taxed under India’s Goods and Services Tax (GST) framework, with significant implications for both fintech operators and merchants. This … Read more