Tag: exemption

The Bengaluru bench of the Authority of Advance Ruling (AAR) said hostels are not akin to residential dwelling units and hence are not exempt from Goods and Services Tax (GST). (Pic for representation)
Posted in Business

Hostel accommodation to get costlier, will attract 12% GST: Check details

Students will have to shell out more for hostel accommodation as a 12 per cent GST would be applicable on the rent paid, the Authority…

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new tax regime: New tax regime may impact charity donations owing to higher exemption limit
Posted in Economy

new tax regime: New tax regime may impact charity donations owing to higher exemption limit

The announcement of higher exemptions under the new tax regime in Budget 2023 is likely to reduce retail donations to charities. Based on the government’s…

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Posted in GST

GST Exemption | International Freight: Exporters may have great festive season amid withdrawal of GST exemption on outbound international freight

There is a lot hue and cry happening in the exporter circle about the withdrawal of exemption of goods and services tax (GST) on international…

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