Karnataka may levy differential fee on app-based services to fund gig workers welfare

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The state government is working on a differential fee on app-based aggregators to fund gig workers welfare and is expected to fix a higher rate on higher revenue earning businesses such as cab-hailing services, officials engaged in the policy-making told ET.

“We plan to have differential rates based on certain parameters and types of services,” they added. The fee payable by platforms will range from 1% to 5% on the commission they pay gig & platform workers depending on the size of the commission amount. The Code on Social Security caps the fee…



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Karnataka may levy differential fee on app-based services to fund gig workers welfare


The state government is working on a differential fee on app-based aggregators to fund gig workers welfare and is expected to fix a higher rate on higher revenue earning businesses such as cab-hailing services, officials engaged in the policy-making told ET.

“We plan to have differential rates based on certain parameters and types of services,” they added. The fee payable by platforms will range from 1% to 5% on the commission they pay gig & platform workers depending on the size of the commission amount. The Code on Social Security caps the fee…



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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