The Almighty Property Tax Council, on May 28, decided to exempt GST Covid-related entities submitted on a pay basis through government donations or the recommendation of state officials to any aid agency, until August 31. These include medical oxygen, concentrators, diagnostic marking kit kits and COVID-19 vaccines, etc. The center had already released items through …
The powerful GST council is likely to discuss on Friday a proposal to treat food delivery programs like Zomato and Swiggy as restaurants and to charge 5% of GST for their services, the official said. The proposal to make the delivery platforms obligatory to pay the goods and services (GST) for restaurant services provided by …
GST Council will discuss managing food delivery programs such as restaurants, taxing 5% Read More »
Ahead of the GST Council meeting, Congress-led Punjab called for a reduction in tax on life-saving items for COVID-19 treatment and the implementation of pending reforms, including tax review and exemptions, body dispute resolution and measures to address provincial shortcomings. In a letter to Finance Minister Nirmala Sitharaman, head of the GST Council comprising representatives …
The all-powerful, at MOST, the Board of directors, which is chaired by finance Minister Nirmala Sitharaman will meet on the 12th of June to decide on whether to reduce the GST rate for COVID essentials-black and fungal medication, according to the officials.At the time of the previous meeting on the 28th of May, the Council …
GST Council to meet on June 12 to discuss tax cut on COVID essentials Read More »
Vayana has been able to reduce the cost of funding MSMEs on its platform by 200-600 basic points in partnership with banks and NBFCs looking to finance the purchase of building materials to build their MSME portfolios. Ram Iyer, founder and CEO, Vayana Network, said MSMEs have been undermined by the official banking system due …
GST data-based borrowing improves MSMEs access to credit Read More »
