Due to RBI’s new auto debit rules, fintech startups run the risk of attracting a 2% equalisation levy as well as additional GST at 18% on part of the money they make through such an arrangement, especially in the case of OTT subscriptions.source https://economictimes.indiatimes.com/industry/banking/finance/rbis-auto-debit-rule-could-cause-tax-woes-for-fintech-startups/articleshow/86724383.cms
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