The government is planning to get services professionals such as plumbers, electricians, and beauticians listed on online platforms into the Goods and Services Tax Network.
According to an Economic Times report, the Department for Promotion of Industry and Internal Trade ( DPIIT) is considering making it mandatory for online marketplaces such as UrbanClap, HouseJoy, and Bro4u to only engage service professionals who have a GST number or GSTIN.
As of now, the majority of plumbers, electricians, individual fitness trainers that make use of such online platforms having a turnover of less than Rs 40 lakh annually, exempting them from paying GST, the government’s move to mandate GSTIN is more in line with having a database of such professionals.
The ministry of labour and employment is mulling bringing out regulations around the social security of gig economy workers. In its draft Code on Social Security, 2019, the ministry has proposed that all gig workers should be entitled to life and disability cover, health and maternity benefits, old age protection and other benefits.
The gig economy is firmly on its way to becoming a key part of India Inc’s strategy. As many as 72% of all gig projects were in large corporates and professional services firms in 2018-19 compared with 52% two years back. Plus, most of the professional gig economy segments have seen growth double in two years, according to a study, ‘Professional Gig Economy 2018-19 Report.
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