Search in Indianmoney's WealthPedia

Home News GST revenue from 1-line service providers surges

Read more interesting news from around the globe with Indianmoney App

Google Play
Get the Best Financial Advice on Residential ApartmentClick Here
GST revenue from 1-line service providers surges

GST revenue from 1-line service providers surges

Wednesday, January 1, 2020, 8:57 PM

Average-monthly GST payments in India by internet-based service providers including Netflix, Amazon Prime, Hotstar, Apple and Microsoft grew over 62% so far in the current fiscal compared with last year's level, as per GST Network-data. Given that these services have been taxed at 18% since start of GST, this reflects the robust expansion of the subscription base of these players over the past year.
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
Get It now!

This is to inform that Suvision Holdings Pvt Ltd ("") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.