Economy News Today Live Updates on October 20, 2024: Purvanchal, Arihant Group leading bidders in Yamuna Expressway ₹1,035-crore land deal

The Karnataka government is considering a 1-2% transaction fee on platforms like Zomato and Uber to generate additional revenue. This proposal aims to address the state’s fiscal deficit and fund infrastructure projects. The fee would apply to all transactions made through these platforms, potentially impacting both consumers and businesses. Stakeholders have expressed concerns about the additional financial burden and its effect on the gig economy.