Tax Guru13h
All about GST Composition scheme: Rules, Rates & Eligibility
To be eligible for the Composition Scheme under GST, a business must meet certain conditions. First one is no Inter-State Sales which means the business can only sell goods or services within the same ...
Mint19d
When do you have to register for GST as a professional landlord?
In this scenario, the tenant is liable to pay 18% GST directly to the government. Conversely, if the landlord is GST-registered, they must charge GST on rent for commercial properties. The tenant ...
'If you buy a commercial shop in India...’: Finfluencer calls small business taxation ‘pure madness’
Now accountants will start: oh there is input tax credit. Buddy, someone pays that 18% GST eventually (your end customer; ...
Taxing God: How much do Indian temples earn and when is GST levied?
Vaishno Devi, a rich temple, earned Rs 683 crore in FY24, of which Rs 255 crore came from offerings, which are tax-free, and another Rs 133.3 crore from interest ...