CUT TAX FOR ONLINE DEALS, SAYS PANEL

A high-level NITI Aayog Committee of Chief Ministers has favoured continuance of service tax exemptions on digital payments beyond December 31.

NITI Aayog, along with Nasscom and telecom operators, will also be launching a helpline for all digital paymentsrelated queries soon.

“We want to recommend to the Government of India to continue this even beyond March 31, and for the future also. If digital currency will be costlier than physical currency, then people will go to physical currency,” Andhra Pradesh Chief Minister Chandrababu Naidu said.