Digital push: You may soon get 'instant cashback' on your GST e-payments

GST Council meet to focus on MSME issues; it is proposed that consumers get instant cashback up to two percentage points for those paying digitally

The Goods and Services Tax (GST) Council might decide to incentivise small digital payments by allowing ‘instant cashback’. 

Its meeting on Saturday, to be chaired by officiating finance minister Piyush Goyal, will also take up a host of issues raised by micro, small and medium enterprises to revive economic growth. At least 100 proposals have come from across the country.

The ministerial panel to incentivise digital payments, chaired by Bihar’s deputy chief minister, Sushil Modi, will meet on Friday evening to finalise the proposal to come before the Council a day later.

It is proposed that consumers get instant cashback