Income Tax 10 October 2026
5% GST Hits Major Indian Platforms
India's tax authority plans to impose a uniform 5% Goods and Services Tax on leading digital‑commerce and ride‑hailing services—including Ola, Uber, Swiggy, Zomato, Amazon and Flipkart—regardless of their business models. The change is part of an annual GST revision starting April 1, with the next reform phase focusing on compliance and input‑tax‑credit refunds.
India will levy a flat 5% GST on major online marketplaces and ride‑hailing apps, irrespective of how they operate.
- Affects Ola, Uber, Swiggy, Zomato, Amazon and Flipkart.
- Effective from the next GST revision cycle beginning April 1.
- Future reforms will target smoother compliance and faster input‑tax‑credit refunds.
For full details, see the Livemint report.
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