Startups’ Body IndiaTech.org Seeks Changes In Direct, Indirect Tax Regimes In FY24 Budget

Quick Summary:

Due to a high GST rate many in this offline business are not desirous of partnering with startups in this space leading to a grey market economy,” the industry body said.

In its submission, the industry body pointed out that both central and state officials are empowered to investigate companies on GST liabilities under the CGST Act and respective state GST Acts.

The post Startups’ Body IndiaTech.org Seeks Changes In Direct, Indirect Tax Regimes In FY24 Budget appeared first on Inc42 Media.

Article Details

Author / Journalist: Tapanjana Rudra

Category: Startups

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-12-09 @ 12:09:34 (5 days ago)

News Timezone: GMT +5:00

Ranking: #805 (out of 6452 stories this day)

News Source URL: inc42.com

Language: English

Article Length: 900 words

Reading Time: 5 minutes read

Sentences: 34 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Inc42

News ID: 2263656

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