Government exempts the services provided by a business facilitator or a business correspondent to a banking company with respect to Basic Savings Bank Deposit Accounts covered by Pradhan Mantri Jan Dhan Yojana (PMJDY) from Service Tax.

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..... Government exempts the services provided by a business facilitator or a business correspondent to a banking company with respect to Basic Savings Bank Deposit Accounts covered by Pradhan Mantri Jan Dh .....

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..... an Yojana (PMJDY) from Service Tax.
News and Press Release
Dated:- 23-10-2015

Press Information Bureau Government of India Ministry of Finance 22-October-2015 15:08 IST In order to p .....

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..... romote financial inclusion, the Government has exempted services provided by a business facilitator or a business correspondent to a banking company with respect to Basic Savings Bank Deposit Accounts .....

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..... covered by Pradhan Mantri Jan Dhan Yojana (PMJDY) by way of account opening, cash deposits, cash withdrawals, obtaining e-life certificates and Aadhar seeding, in the rural area branches of banking c .....

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..... ompanies, from Service Tax. The services provided by any person as an intermediary to a business facilitator or a business correspondent with respect to the above mentioned services, have also been ex .....

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..... empted from Service Tax. A notification to this effect was issued yesterday by the Government. ********* DSM
News - Press release - PIB .....

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