Tag: csr
Posted in GST
GST ITC restriction on CSR spend: Why businesses are worried about potential challenges
Seamless flow of Input Tax Credit (ITC) is the cornerstone of a robust Value-Added Tax (VAT) architecture. Simply put, say Company A – whether a…
Posted in Economy
Budget at a glance: What it means for taxpayers, economy and business
FM Nirmala Sitharaman on Wednesday presented the Union Budget 2023, the last full-fledged Budget OF Modi government before the general elections next year. The FM…
Posted in Economy
csr: Input Tax Credit cannot be claimed on goods/services used for CSR activities: Budget 2023
The Budget on Wednesday proposed certain amendments in GST Act and said that input tax credit cannot be claimed on goods/ services used or intended…