Visa, Mastercard and American Express may be taxed on India income

visa-mastercard-and-american-express-may-be-taxed-on-india-income

Worldwide Credit card companies, for example, Visa, Mastercard and American Express may need to pay around 15% government taxes on their India pay as they set up servers locally to consent to a national bank order on information stockpiling. The Reserve Bank had requested payment organizations to locally store information on all exchanges occurring inside India from October 15. Visa,…

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