18% GST may be levied on payment aggregators for transactions under ₹2000: Report

The GST Council will reportedly consider a proposal to levy 18% GST on payment aggregators for digital transactions of up to ₹2000 made via debit and credit cards. A final decision is expected after the council's meeting on September 9. If the proposal is approved, payment aggregators are likely to shift the burden to merchants and small business owners.