Karnataka Mulls 1-2% Transaction Fee On Platforms Like Zomato, Uber

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SUMMARY

The funds collected from the transaction fee will be used to provide social security measures for gig workers

The amount collected from the transaction fee will go to a welfare board

Earlier this year, the Karnataka government unveiled the draft Platform-Based Gig Workers (Social Security and Welfare) Bill, 2024

The Karnataka government is reportedly planning to levy a 1-2% fee on each transaction made through aggregator platforms like Zomato, Swiggy, Flipkart, Amazon, Ola, Uber, Urban Company (UC), among others.

The funds collected from this fee will be used to provide social security measures for gig workers, Moneycontrol reported.

The amount collected from the transaction fee will go to a welfare board, the report said, citing an official.

The proposal is part of the state government’s plans to provide social security to gig workers. Earlier this year, the government unveiled the draft Platform-Based Gig Workers (Social Security and Welfare) Bill, 2024. 

This move follows a broader trend in India wherein several states are framing rules to provide social security net for the delivery executives of the aggregator platforms.

(The story will be updated soon.)





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Karnataka Mulls 1-2% Transaction Fee On Platforms Like Zomato, Uber


SUMMARY

The funds collected from the transaction fee will be used to provide social security measures for gig workers

The amount collected from the transaction fee will go to a welfare board

Earlier this year, the Karnataka government unveiled the draft Platform-Based Gig Workers (Social Security and Welfare) Bill, 2024

The Karnataka government is reportedly planning to levy a 1-2% fee on each transaction made through aggregator platforms like Zomato, Swiggy, Flipkart, Amazon, Ola, Uber, Urban Company (UC), among others.

The funds collected from this fee will be used to provide social security measures for gig workers, Moneycontrol reported.

The amount collected from the transaction fee will go to a welfare board, the report said, citing an official.

The proposal is part of the state government’s plans to provide social security to gig workers. Earlier this year, the government unveiled the draft Platform-Based Gig Workers (Social Security and Welfare) Bill, 2024. 

This move follows a broader trend in India wherein several states are framing rules to provide social security net for the delivery executives of the aggregator platforms.

(The story will be updated soon.)





Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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