Industry body says GST reducing drivers' net earnings; to approach FinMin to re-look at tax structure

Industry body says GST reducing drivers’ net earnings; to approach FinMin to re-look at tax structure

Applying GST on every ride booked through online platforms is reducing the take-home income of driver partners, and there is a need to re-look at its applicability to cab booking services, the internet platforms’ industry body IAMAI said in a recent letter to the government. Internet and Mobile Association of India (IAMAI), which represents online…

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What Budget 2026-27 means for Indian IT industry: 8 Biggest announcements | India Business News

What Budget 2026-27 means for Indian IT industry: 8 Biggest announcements | India Business News

Photo credit: PTI Union finance minister Nirmala Sitharaman today presented the Union Budget for the Financial Year (FY) 2026-27. The announcements includes significant measures for accelerating the growth of India’s Electronics and Information Technology Sector. In a major push to attract global data centre investments, the government has proposed a 20-year tax holiday for foreign…

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