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    • Question

      Incentives paid by the government to banks for promoting

      RuPay debit cards and low-value BHIM-UPI transactions will not attract _______.
      A GST Correct Answer Incorrect Answer
      B Income Tax Correct Answer Incorrect Answer
      C Bank Revenue Correct Answer Incorrect Answer
      D Primary Revenue Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      Incentives paid by the government to banks for promoting RuPay debit cards and low-value BHIM-UPI transactions will not attract GST, the Finance Ministry said.

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