ATM Withdrawals, Loan EMIs After GST

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After the historic launch of GST or good and services tax, ATM transactions (including withdrawals) beyond free limits and other banking services where service tax was levied will get costlier. Under GST, banking and financial services have been placed in the 18 per cent rate slab, as compared to 15 per cent service tax earlier.
Read more at NDTV.

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