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Officials clarified that there is no separate GST levied on MDR charges. While GST will apply to MDR on UPI transactions, businesses will be able to claim full input tax credit against it and set off the liability, meaning the government does not expect to earn any net revenue from the levy.
We haven't written up this one. Economic Times Tech has the full story — the link below goes straight to it.
For many Nigerians, the Dangote Refinery Initial Public Offering (IPO) is more than another investment opportunity. It is an opportunity to participate in the ownership of one of Africa’s most significant industrial assets.
The bank aims to more than double private capital to over US$200 billion within two to three years.
Mumbai: The Reserve Bank of India accepted bids worth ₹50,000 crore in the first tranche of its open market operation sale of government securities, stepping up efforts to withdraw surplus liquidity from the banking system.
