India backs online in new GST regime

Under the proposed Goods and Services Tax (GST) regime, individuals and entities can pay taxes online using debit or credit cards, the government said on Sunday.

“With regard to payments, the best thing that will happen is all payments will have to be made online. You can use any mode of payment, electronic, NEFT, RTGS. You can do it through debit cards or credit cards of any bank,” Revenue Secretary Hasmukh Adhia said while addressing the Global Investors Summit here.

“You need not open an account in banks of government. Even if you have account in a private bank, you can transfer money and it will reach the government,” Adhia said.