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GST Council to decide on...

NEW DELHI: India's Goods and Services...

GST Council to decide on taxing corporate, personal guarantees: Source

NEW DELHI: India's Goods and Services Tax (GST) Council is expected to decide whether tax will be levied on corporate and personal guarantees on loans or debt issuances, according to a source.Such a tax has long been under debate in the country.The decision will be taken by the GST Council, which consists of federal finance minister and state finance ministers, in its next meeting on Oct 7.According to a proposal that the GST Council will consider, an 18% tax would be applicable on the declared value of the...

Karl Jörg - October 4, 2023

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GST Council to...

NEW DELHI: India's Goods and Services Tax (GST) Council is expected to decide whether tax will be levied on corporate and personal guarantees...

Karl Jörg - October 4, 2023

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